Morgan Chittum Michael M. Santiago/Getty Images US equities rallied Thursday as traders mulled over coming interest rate hikes. The Dow popped more than 300 points, supported by Salesforce’s gains on strong corporate earnings. Atlanta Fed President Raphael Bostic said he’s “very firmly” in favor of a quarter-point rate hike. Loading Something is loading. Thanks for… Continue reading US stocks rally as traders digest comments from Fed officials on coming rate hikes
Tesla’s investor day showed it is ‘one generation ahead’ of rival automakers in EV race, former Ford CEO says
Former Ford CEO Mark Fields saw Tesla’s investor day as reaffirming the automaker’s reign over the EV industry. Though the event lacked details on new models, it demonstrated the company’s leadership in key areas, he told CNBC. “Tesla still has the leg-up on the competition, and I think they demonstrated that yesterday.” Loading Something is… Continue reading Tesla’s investor day showed it is ‘one generation ahead’ of rival automakers in EV race, former Ford CEO says
Betting against Jim Cramer just became a lot easier with the launch of a new ETF that shorts the TV host’s stock picks
“Mad Money” host Jim Cramer makes a lot of stock market calls, and not all of them pan out. The Inverse Cramer ETF bets against the financial pundit, by shorting stocks he’s bullish on. The product is the handiwork of the money manager known for shorting Cathie Wood’s stock picks. Loading Something is loading. Thanks… Continue reading Betting against Jim Cramer just became a lot easier with the launch of a new ETF that shorts the TV host’s stock picks
Tesla stock ‘gets boring’ as the market drills into the EV’s company metrics and treats it more like a traditional automaker, investment research firm says
Tesla stock “gets boring,” Bespoke Investment Group said after the EV maker’s update. Wall Street’s expectations for Tesla look more like those for a traditional carmaker and less like a disruptor, it said. Bespoke spotted the highest correlation between Tesla stock and other automakers since 2016. Loading Something is loading. Thanks for signing up! Access… Continue reading Tesla stock ‘gets boring’ as the market drills into the EV’s company metrics and treats it more like a traditional automaker, investment research firm says
Salesforce stock has 26% upside as Marc Benioff’s company shows resolve on ‘disciplined growth,’ Bank of America says
Bank of America adjusted its price target for Salesforce stock from $200 to $235 on Thursday. That represents about a 26% upside from the current price of $186. “Margin outlook reflects major step towards disciplined growth,” analysts said. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while… Continue reading Salesforce stock has 26% upside as Marc Benioff’s company shows resolve on ‘disciplined growth,’ Bank of America says
These are the adviser fees, hidden and otherwise, that investors need to be wary of
Most consumers are still largely in the dark about how much they pay for investment services Research shows that paying high investment fees tends to lead to lower net returns. Photo by Getty Images/iStockphoto Despite regulatory efforts to increase fee disclosure in Canada, most consumers are still largely in the dark about how much they… Continue reading These are the adviser fees, hidden and otherwise, that investors need to be wary of
The 9 Best Healthcare Stocks to Buy
The best healthcare stocks should be on the radar of any investor who is looking to hedge their holdings in today’s volatile markets. Persistent inflation and continued central bank tightening are testing the resilience of many investors, and healthcare stocks are good for both short- and long-term considerations. In the short run, they are considered… Continue reading The 9 Best Healthcare Stocks to Buy
Stock Market Today: Stocks Struggle to Start March
The calendar may have turned to a new month, but February’s stock market choppiness carried into March. The bulk of the price action was to the downside as the latest round of economic data heightened recession and inflation fears. The Dow Jones Industrial Average, however, eked out a win on strength in blue chip stocks… Continue reading Stock Market Today: Stocks Struggle to Start March