The rally in stocks is a “bull trap” and investors have more pain coming, Morgan Stanley warned. That’s because earnings-per-share estimates over the next year haven’t bottomed yet, and neither have stocks. The downside could come as soon as March, as the S&P 500 is at a critical testing point. Loading Something is loading. Thanks… Continue reading Morgan Stanley’s chief stock strategist warns that the 2023 rally is a ‘bull trap’ and pain is coming for investors in March
Tips for filing your taxes if you have a side hustle
Don’t miss: This cash back app pays actual cash A low credit score can cost you thousands in interest — here’s how you can prevent that 5 mistakes Canadian parents are making with their life insurance What you should know before filing If you made less than $30,000 on your side gig last year, you… Continue reading Tips for filing your taxes if you have a side hustle
Stock Market Today: Stocks Bounce Back; UNP Rallies After CEO Splits
Stocks closed higher Monday, bouncing back after the major benchmarks finished their worst week of 2023 on Friday. Amid declining Treasury yields, the rate-sensitive tech sector saw big gains, while a surge in the share price of railroad company Union Pacific (UNP (opens in new tab)) helped lift industrial stocks. The three main indexes… Continue reading Stock Market Today: Stocks Bounce Back; UNP Rallies After CEO Splits
If You’d Put $1,000 Into Nvidia Stock 20 Years Ago, Here’s What You’d Have Today
Nvidia (NVDA (opens in new tab)) stock has been a rare winner amid the market’s recent swoon, but then long-time shareholders should be used to that sort of thing by now. That’s because despite its high volatility – and some rather vertiginous ups and downs along the way – this semiconductor stock has vastly outperformed… Continue reading If You’d Put $1,000 Into Nvidia Stock 20 Years Ago, Here’s What You’d Have Today
How Cytonics’ Developed a Revolutionary Treatment for Osteoarthritis, Solving a $240B Problem
More than 600 million people worldwide (opens in new tab) suffer from osteoarthritis (OA), a debilitating joint disease that destroys mobility and quality of life. And for a long time, painkillers and corticosteroids were among the only “treatments” available for this joint-degrading disease. Then Cytonics (opens in new tab) came along and developed a way… Continue reading How Cytonics’ Developed a Revolutionary Treatment for Osteoarthritis, Solving a $240B Problem
Fisker shares rocket up 30% as the EV maker sees potential for profit and strikes a ‘game changer’ deal for charging stations
Fisker shares jumped 30% on Monday following updates from the EV maker. The company said it expects to make a profit this year and it reached a deal for access to charging stations in North America. Reservations for its Ocean SUV rose in the fourth quarter. Loading Something is loading. Thanks for signing up! Access… Continue reading Fisker shares rocket up 30% as the EV maker sees potential for profit and strikes a ‘game changer’ deal for charging stations
US stocks edge higher as investors try to recover from the worst weekly sell-off of 2023
Jennifer Sor Brendan McDermid/Reuters US stocks edged higher on Monday as investors tried to shake off the worst weekly sell-off of 2023. All three indexes ended the day in the green, recovering some losses after last week’s PCE report. Bond yields ticked down. The 2-year Treasury yield last week touched its highest level since 2007. … Continue reading US stocks edge higher as investors try to recover from the worst weekly sell-off of 2023
Manchester United stock sinks 13.5% on a report that it’s probably worth billions less than what its owners want to sell it for
Manchester United stock fell as mush as 13.5% after a report suggested that it’s worth billions less than the club’s owners are seeking. A Financial Times analysis indicated that United’s value is likely to be around $1.6 billion. However, the team’s owners want at least $6 billion, per The Athletic. Loading Something is loading. Thanks… Continue reading Manchester United stock sinks 13.5% on a report that it’s probably worth billions less than what its owners want to sell it for
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