Netflix (NFLX) shareholders sent a clear but largely symbolic message to corporate executives at its annual meeting yesterday — don’t ask for a raise. The “say on pay” shareholder proposal failed to pass, meaning investors thought the company’s roughly $78 million compensation for the top three executives was unjustified. The Writers Guild of America (WGA),… Continue reading Netflix Shareholders Reject Proposed Executive Pay Package
Is a Possible Delta-8 THC Ban in the Works? This Week in Cannabis Investing
The Drug Enforcement Agency (DEA) is taking a regressive approach toward delta-8 THC, CBD and other alternative cannabinoids derived from hemp. The federal agency is reportedly planning to propose a ban on these cannabinoids, which runs contradictory to the idea of legalization. Those in support of this potential ban argue that delta-8 THC and other… Continue reading Is a Possible Delta-8 THC Ban in the Works? This Week in Cannabis Investing
What Is a Stock Split, and Why It Matters to You
The market loves a stock split, but should you? Amazon.com, Tesla and Alphabet (Google’s parent company) made headlines last year with high-profile stock splits. It’s common for high-growth companies to split their shares to make them easier for smaller investors to trade and to add liquidity. But what does that really mean? And how does… Continue reading What Is a Stock Split, and Why It Matters to You
Stock Market Today: Stocks Rally on Debt Ceiling News, Manufacturing Data
Stocks started the day in negative territory in response to a red-hot reading on the labor market. The major indexes rallied into the close, however, helped by a batch of bad-news-is-good-news manufacturing data and signs the debt ceiling deal could make it across the finish line ahead of the June 5 default date. Ahead of… Continue reading Stock Market Today: Stocks Rally on Debt Ceiling News, Manufacturing Data
Is Chevron Stock Set for a Rebound?
Chevron (CVX) stock caught its second analyst upgrade in as many days Thursday, and investors surely appreciated the good news. After all, shares in the integrated oil and gas giant are lagging the broader market by a wide margin this year. Tough comparisons against 2022 – a blowout year for profits as oil prices soared… Continue reading Is Chevron Stock Set for a Rebound?
Nervous About the Markets and Economy? Consider History
If you’re feeling like the financial news is coming at you fast and furious, you’re not alone. Between inflation, rising interest rates, the markets stumbling and recent bank failures, there’s a lot going on. One of these events alone could be overwhelming. Taken all together, they seem downright scary. Before you let it all overwhelm… Continue reading Nervous About the Markets and Economy? Consider History
Stock Market Today: Stocks Close Lower Ahead of Key Debt Ceiling Vote
Stocks closed lower Wednesday as investors took some profits off the table ahead of a key debt ceiling deal vote. Disappointing jobs data and a massive dividend cut from Advance Auto Parts (AAP) didn’t help sentiment, either. The debt ceiling agreement struck between House Speaker Kevin McCarthy and the White House over the weekend cleared… Continue reading Stock Market Today: Stocks Close Lower Ahead of Key Debt Ceiling Vote
Why I Don’t Buy Stocks
Most people should not buy individual stocks. That might sound strange or even hypocritical coming from someone who writes about stocks for a living. After all, a big part of my job is dedicated to helping readers identify stocks that will beat the market. To that end, I consult analysts’ research and recommendations, look at… Continue reading Why I Don’t Buy Stocks