You might not think it’s possible to outperform the average Wall Street professional with just a single investment. Fund managers are highly educated and steeped in market data. They get paid a lot of money to make smart investments. But the truth is, most of them may not be worth the money. With the right […]
A growing population, strong consumption levels and a pickup in manufacturing activity have propelled India’s economy in the last year — and market watchers are actively seeking out opportunities in the South Asian powerhouse. India’s stock market too, has been booming, pushing economists to say its market capitalization could hit $60 trillion in the next […]
A growing population, strong consumption levels and a pickup in manufacturing activity have propelled India’s economy in the last year — and market watchers are actively seeking out opportunities in the South Asian powerhouse. India’s stock market too, has been booming, pushing economists to say its market capitalization could hit $60 trillion in the next […]
Six stocks in the S & P 500 rise often whenever Nvidia shares fall, according to a CNBC Pro analysis. The U.S.-listed stocks are Jack Daniel’s distiller Brown-Forman , gaming company Electronic Arts , health products maker Henry Schein , software outsourcing giant Cognizant , pet care firm Zoetis , and securities exchange Cboe . […]
Netflix (NFLX) will no longer report membership numbers starting next year — a bombshell move for the streaming industry, which has historically tied company performance to subscriber gains or losses. “We’ve evolved and we’re going to continue to evolve,” Netflix co-CEO Greg Peters said about the decision while speaking during the company’s first quarter earnings […]
A sign marks the location of a Nordstrom store in a shopping mall on March 20, 2024 in Chicago, Illinois. Scott Olson | Getty Images The Nordstrom family is once again considering taking the department store private and has formed a special committee to evaluate bids, it announced on Thursday. CEO Erik Nordstrom and president […]
The best way to get investors to stop focusing on something is to stop telling them at all. Netflix said Thursday it will no longer report quarterly membership numbers and average revenue per membership starting in the first quarter of 2025. This is a significant change for the company and for the so-called “streaming wars,” […]
A customer refuels at a Shell gas station in Hercules, California, US, on Tuesday, May 23, 2023. David Paul Morris | Bloomberg | Getty Images President Joe Biden’s top economic advisor said Thursday the White House will “make sure gas prices remain affordable” when asked whether the administration would consider tapping the Strategic Petroleum Reserve. […]
Netflix (NFLX) reported first quarter earnings that beat across the board on Thursday with another 9 million-plus subscribers added in the quarter. However, disappointing second quarter revenue guidance dragged the stock more than 3% lower in after-hours trading. Subscriber additions of 9.3 million beat expectations of 4.8 million and follows the 13 million net additions […]
Shares of Medical Properties Trust (NYSE: MPW) were skyrocketing 25.1% this week as of the market close on Thursday, according to data provided by S&P Global Market Intelligence. The big jump was due to two positive announcements from the company last week. On Friday, April 12, Medical Properties Trust reported the sale of its interests […]
Many stock strategists began the year harping for a rebound in small-cap performance as consensus believed the Federal Reserve would begin reducing interest rates in the first half of 2024. Now, with the market scaling back its hopes for interest rate cuts this year, the small-cap Russell 2000 Index (^RUT) is down nearly 3% year […]
Homes in Rocklin, California, on Tuesday, Dec. 6, 2022. David Paul Morris | Bloomberg | Getty Images The average rate on the popular 30-year fixed mortgage crossed over 7% on April 1, according to Mortgage News Daily, and it just kept going. It now sits right around 7.5%, the highest level since mid-November of last […]
