One of the tried-and-true methods of building generational wealth is investing. Whether it’s through real estate, commodities, or the stock market, investing in strong asset classes can help you turn a modest sum of money into healthy heaps of cash in the long run. Some of the most lucrative investments in modern history are thanks […]
ExxonMobil (NYSE: XOM) recently reported rather lackluster first-quarter earnings. The oil giant’s adjusted earnings declined by 29% to $8.2 billion, or $2.06 per share. That fell a bit short of the analysts’ consensus estimate of $2.19 per share. The energy giant battled headwinds from lower natural gas prices and refining margins. However, while the first […]
Stocks rebounded as tech earnings spawned a rally in markets despite growing concerns that the Fed will hold interest rates higher for longer. The Nasdaq Composite (^IXIC) rose more than 4% last week, while the S&P 500 (^GSPC) popped almost 3%. Meanwhile, the Dow Jones Industrial Average (^DJI) rose less than 1%. In the week […]
Earnings season is giving analysts plenty to chew on as they learn more about the impact of macro challenges on companies. Though Wall Street is watching short-term stock moves spurred by quarterly results, the top analysts have their eyes on companies’ long-term prospects. Bearing that in mind, here are three stocks favored by the Street’s […]
Warren Buffett is a fan of buying dividend-paying stocks, but his conglomerate Berkshire Hathaway doesn’t offer a payout itself, despite its tens of billions cash. A regular dividend is a way to reward shareholders by distributing a portion of a company’s earnings, often quarterly, in the form of cash. Sometimes companies even offer a small […]
A handful of drivers will keep the American economy humming along, said Jose Rasco, chief investment officer of the Americas at HSBC’s wealth division. And they should buoy the country’s financial health even as increased borrowing costs pinch corporations. The American economy has shown remarkable strength in the face of a historic monetary policy tightening […]
Cars drive in a flooded street following heavy rains in Dubai on April 17, 2024. Giuseppe Cacace | Afp | Getty Images Hussain Sajwani, the chairman of Damac Properties, one of the United Arab Emirate’s largest private real estate developers, sought to downplay the severity of flooding in the country earlier this month, saying there were […]
Energy Transfer (NYSE: ET) has become a premium passive income producer in recent years. The master limited partnership (MLP) pays a significantly above-average cash distribution that currently yields 7.9%, compared with the 1.4% dividend yield of the S&P 500. Meanwhile, it has been steadily pushing that payout higher each quarter. The MLP recently declared its […]
BEIJING (AP) — Tesla founder and CEO Elon Musk met with a top government leader in the Chinese capital Sunday, just as the nation’s carmakers are showing off their latest electric vehicle models at the Beijing auto show. Chinese Premier Li Qiang told Musk that he hopes the U.S. will work more with China on […]
Mastercard (NYSE: MA) has a roughly 0.6% dividend yield today. Visa’s (NYSE: V) yield is only slightly higher at about 0.8% or so. While those figures probably won’t appeal to many dividend investors, this one will: Both of these payment processors have mid-teen annualized percentage dividend growth rates over the past decade. In other words, […]
Billionaire investor Warren Buffett has a massive following in the investing world. Many investors often mimic his picks, knowing that investments Buffett chooses for his portfolio have solid fundamentals and can make for good long-term investments. The three top holdings in the Berkshire Hathaway portfolio today are Apple (NASDAQ: AAPL), Bank of America (NYSE: BAC), […]
When I first heard that PayPal Holdings (NASDAQ: PYPL) was going public, I couldn’t wait to get my hands on shares — literally. Instead of waiting, I purchased shares of its parent company, eBay, ahead of PayPal’s spinoff. In 2015, that happened, giving me shares of PayPal on day one of trading. Shortly thereafter, I […]
