Stocks traded solidly higher for most of Tuesday, but lost steam in the afternoon as Wall Street reacted to a big shakeup in the cryptocurrency space. Earlier today, crypto exchange Binance said it plans to buy rival FTX’s non-U.S. assets amid liquidity concerns at the latter firm. The news sent the price of Bitcoin tumbling… Continue reading Stock Market Today: Huge Crypto Deal Shakes Up Nasdaq
Why Airline Stocks Are a Bad Deal
A bit of advice about airline stocks: Resist them. I know it’s hard. Warren Buffett once joked about his own addiction, saying, “I am Warren, and I am an aeroholic.” Buffett’s mentor, the scholar and investor Benjamin Graham, was right from the start. He wrote in 1949 that it’s obvious that the airline industry will… Continue reading Why Airline Stocks Are a Bad Deal
What is a Dividend Yield?
Too embarrassed to ask about this key feature of investing? A dividend yield is a piece of company profits that gets paid out to shareholders. Each year, the directors have to decide how much of each year’s profits will be paid out to shareholders in the form of a dividend – usually once per quarter… Continue reading What is a Dividend Yield?
Stock Market Today: Stocks Rise Ahead of Midterms
Stocks gained ground Monday as investors looked ahead to a busy week of earnings and economic data, as well as Tuesday’s highly anticipated midterm elections. While the outcome of the midterms will certainly draw some interest from investors, the results of Thursday’s consumer price index will likely be more important to markets. “It is still… Continue reading Stock Market Today: Stocks Rise Ahead of Midterms
Miso Robotics Invites Investors Back Ahead Of Its Global Expansion
While restaurants face a labor shortage–down 500,000 jobs per month–this startup is pioneering a new way for them to simultaneously improve efficiency and working conditions. As we speak, their autonomous kitchen assistants are running the deep fryer at restaurants that were previously struggling to find labor and thus turn a profit. And now, for a… Continue reading Miso Robotics Invites Investors Back Ahead Of Its Global Expansion
Why Facebook Parent Meta Platforms is a Bargain Buy
Shares in Meta Platforms (META (opens in new tab), $90.79) popped on Monday following reports that the Facebook parent is planning to cut costs by slashing thousands of jobs. Apart from the fact that this is crushing news for the folks losing their livelihoods, the uptick in META’s share price doesn’t amount to much in… Continue reading Why Facebook Parent Meta Platforms is a Bargain Buy
Warren Buffett’s Berkshire Hathaway Still a Buy After Q3 Earnings
Warren Buffett’s Berkshire Hathaway (BRK.B (opens in new tab), $287.47) showed once again why it’s one of the best stocks to buy for a bear market. Berkshire Hathaway, of which Warren Buffett serves as chairman and CEO, shrugged off rising fears of recession and the impact of Hurricane Ian to post a 20% jump in… Continue reading Warren Buffett’s Berkshire Hathaway Still a Buy After Q3 Earnings
5 Survival Tips for the Bear Market
Investors are understandably frustrated by a miserable year in which stocks are in a bear market and bonds have provided no relief. It is hard not to be pessimistic given the long list of concerns that dominate the market outlook – most notably inflation, central bank policy and war in Ukraine. Despite this painful year… Continue reading 5 Survival Tips for the Bear Market