The stock market is roaring so far in 2024. Both the Nasdaq Composite and S&P 500 have gained approximately 11% thanks to tailwinds in the technology, energy, and pharmaceutical industries. While steady growth and strong business fundamentals are often correlated with a rising stock price, there are other things that can happen to influence buying […]
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An Activist Hedge Fund Is Buying This Dividend Stock. Time to Follow?
The news that high-profile activist hedge fund Elliot Investment Management has built a $1 billion position in building controls and heating, ventilation, and air conditioning (HVAC) company Johnson Controls (NYSE: JCI) has sent the stock higher. While some of the moves are, no doubt, down to investors who simply looking to jump on the bandwagon, […]
Ready for summer grilling? Follow these food safety precautions first.
With summer on the horizon, it’s the perfect time to get outdoors and fire up the grill. Whether you’re cooking up juicy burgers, fish filets or veggie kabobs, a barbecue is a versatile tool for creating mouthwatering dishes. However, if not done safely, grilling does come with some health risks, including potential food poisoning from […]
Billionaires Are Buying Beaten-Down Pfizer Stock Hand Over Fist. Should You Follow Their Lead?
The past couple of years haven’t been easy ones to be a Pfizer (NYSE: PFE) shareholder. The windfall profits its COVID-19 products produced in the early days of the pandemic evaporated much faster than expected. Disappointed investors have pushed Pfizer’s stock price down by more than half from its peak in late 2021. Perhaps sensing […]
Why You May Want To Follow The Oracle of Omaha Into His New Insurance Holding
Over the past two quarters, Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has been buying a “secret stock” — secret in the sense that a major investment fund can request the SEC withhold the name of a new buy in a fund’s 13F quarterly report, since disclosing the position could reveal an ongoing buying […]
Billionaires Are Buying These High-Yield Dividend Stocks Left and Right. Should You Follow Their Lead?
Are you famous enough for picking great stocks to become a billionaire money manager? If not, then there’s a lot you could learn from the handful of folks who have. It’s easier than ever for individuals to invest alongside the professionals. The U.S. Securities and Exchange Commission makes anyone with more than $100 million under […]
2 Stocks That Could Follow Suit
The U.S. government has focused significantly on the country’s position in the semiconductor market, and that’s not surprising — chips play a critical role in multiple industries, ranging from automotive to smartphones, computers, and artificial intelligence (AI). A key effort: the CHIPS and Science Act, which was enacted in 2022, has accelerated investments in the […]
Asian markets follow Wall Street higher ahead of key inflation update
HONG KONG (AP) — Asian stocks were mostly higher on Wednesday after a rally on Wall Street that took the Nasdaq composite index to a record high. A report Tuesday showed that prices remain stubbornly high at the wholesale level in the United States, before many price changes are passed along to consumers, with the […]
These Are Wall Street’s Next 3 Stock-Split Stocks to Follow Walmart and Chipotle Mexican Grill
Volatility is a common occurrence when putting your money to work on Wall Street. Since this decade began, the three major stock indexes have oscillated between bear and bull markets on a couple of occasions. When volatility and uncertainty arise, professional and retail investors have a habit of seeking the safety of outperforming stocks with […]
Bitcoin Just Got a Big New Buyer. Should You Follow Its Lead?
The price of Bitcoin (CRYPTO: BTC) is primarily determined by the law of supply and demand. Since there’s a fixed supply of the cryptocurrency, growing demand will lead to a higher price. And demand could be increasing due to a big new buyer. Jack Dorsey, the CEO of fintech Block (NYSE: SQ), devoted his entire […]
Michael Cohen set to follow Stormy Daniels as next bombshell witness
Welcome back, Deadline: Legal Newsletter readers. It was another packed week in People v. Trump. Starting with the defendant’s 10th contempt finding, it featured striking testimony from Stormy Daniels, while prosecutors built their case with documents ahead of Michael Cohen’s grand entrance. The showdown between Donald Trump and his former fixer is slated for Monday […]
Maddow Blog | Republicans follow through on their odd home-appliance fixation
About a month ago, Axios reported that there was some growing “frustration” among House Republicans over their party’s focus on home-appliance-related legislation, especially given that the Democratic-led Senate would ignore the GOP’s measures. Republican leaders apparently preferred to ignore those concerns. The Hill reported: The final tally was 212 to 195, with zero House Republicans […]