Investing

Stocks continued to climb Friday, boosted by hope that Thursday’s inflation data, which showed a slower-than-expected rise in consumer prices last month, could have the Fed easing back on rate hikes sooner rather than later.  The tech-heavy Nasdaq Composite jumped 1.9% to 11,323, while the broader S&P 500 Index rose 0.9% to 3,992 – building… Continue reading Stock Market Today: Stocks Keep Climbing on Interest-Rate Optimism

Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. However, we have also provided expanded earnings previews for select companies. Please check back often. This earnings calendar is updated weekly. Monday (11/14)Tuesday (11/15)Wednesday (11/16)Thursday (11/17)Friday (11/18) (Editor’s Note: Earnings dates in tables are tentative.… Continue reading Kiplinger’s Weekly Earnings Calendar (Nov. 14-18)

If there were a prize for living through unprecedented events, millennials might win first place. Older millennials entered the job market during the Great Recession and have since experienced a devastating pandemic and a spike in inflation not seen in 40 years. On top of that, the Federal Reserve’s moves to tame inflation have sent… Continue reading Bear Market Strategy for Millennial Investors

Stocks blazed a path higher Thursday after the latest consumer price index (CPI) showed inflation cooled in October. Ahead of the opening bell, the Labor Department said consumer prices increased 7.7% year-over-year in October – the slowest annual gain since January. On a monthly basis, the CPI was up 0.4%. Both figures were smaller than… Continue reading Stock Market Today: Stocks Lift Off After Encouraging Inflation Report

Tech layoffs have been making headlines recently.  Most notably is news that Facebook parent Meta Platforms (META (opens in new tab), $101.47) will let go a significant portion of its global workforce. “Today I’m sharing some of the most difficult changes we’ve made in Meta’s history,” said Mark Zuckerberg, CEO of Meta, in a letter… Continue reading What Tech Layoffs Mean for Investors

ESG is a tool that seeks to expand upon a traditional analysis of corporate value by including environmental, social and governance metrics. This approach recognizes that ESG factors, though labeled “non-financial” in traditional accounting terms, may still be critical to a company’s bottom line. Almost twenty years ago, investors found that companies with better management… Continue reading What is ESG?

Weed legalization scored some solid wins in the 2022 midterm elections. Maryland and Missouri legalized cannabis for adult-use, and internal estimates at Poseidon note that those two markets could generate $2.6 billion in legal cannabis sales.  According to cannabis research firm Headset, the additions of Maryland and Missouri to the market would add about 10%… Continue reading This Week in Cannabis Investing: Weed Legalization Gains Ground in Midterms

Warren Buffett’s Berkshire Hathaway (BRK.B (opens in new tab), $303.20) cut its stake in longtime holding U.S. Bancorp (USB (opens in new tab), $44.87) by more than half. Buffett, who serves as Berkshire Hathaway’s chairman and CEO, has been slashing his holding company’s exposure to financial stocks – and bank stocks in particular – for… Continue reading Warren Buffett’s Berkshire Hathaway Slashes Stake in U.S. Bancorp