Hooray! At long last, the company managing my 401(k) plan will allow me to bet up to 20% of my retirement funds on a digital Ponzi scheme that generates no income and has no practical use. Fidelity In...
Tag: Corporate/Industrial News
Apple and the Rest of Big Tech Look More Like ‘Value Stocks’
Text size The shadow of a man is cast on the wall of an Apple store as he uses his mobile phone in Beijing Greg Baker/AFP via Getty Images Big Tech stocks aren’t so highflying anymore. In fact, they’r...
Ford Hurries Out F-150 Lightning to Grab Share of Electrics Market
The latest electric vehicles offer the power to charge household devices or other EVs using the energy stored in the car’s battery. WSJ’s George Downs explores how some companies are developing vehicl...
AMD Could Overcome Slowing Demand for Semis. It’s a Strong Buy, Analyst Says.
Text size Dreamstime Advanced Micro Devices could be well-positioned to ride out a tough cycle for semiconductor stocks amid slowing consumer demand, according to Raymond James. Analyst Chris Caso upg...
Annaly Capital to Sell Middle- Market Lending Portfolio to Ares for About $2.4 Billion
Text size Ares currently has $314 billion assets under management, up from $25 billion in 2008. Dreamstime Ares Management Corp said Monday that it agreed to buy the middle-market lending portfolio of...
When Will Coinbase Stock Hit Bottom? JPMorgan Sees Bigger Losses Ahead
Text size Some analysts are getting more bearish on Coinbase stock. Tiffany Hagler-Geard/Bloomberg When will Coinbase stock finally hit bottom? Investors in the crypto exchange have been riding a slid...
PayPal has been cut in half by Wall Street, but ‘uncertainty’ still looms as earnings approach
After losing more than half its value so far this year, PayPal Holdings Inc. still faces ‘uncertainty’ from Wall Street. PayPal PYPL, +2.03% was an investor darling in the early days of the COVID-19 c...
JCPenney owners offer $8.6 billion to acquire rival Kohl’s
The owners of JCPenney have made an offer to acquire archrival Kohl’s in a deal that could value the department-store chain at upwards of $8.6 billion, The Post has learned. Under the proposal, shoppi...
Activision Blizzard’s Earnings Miss. Investors Care More About Microsoft Merger.
Text size Microsoft announced plans to purchase Activision Blizzard for about $69 billion, or $95 a share, in January. Patrick T. Fallon/Bloomberg Activision Blizzard stock was dipping on Monday after...
Yes, You Can Get Dividend Yields Around 5%. Here’s How.
If a stock’s yield is around 5%, it could foreshadow a dividend cut or worse. A yield that high, however, doesn’t have to spell doom. Several investors Barron’s spoke to say they can find good opportu...
Elon Musk Says Bill Gates has a $500 million short position in Tesla
Tesla CEO Elon Musk is irked at Bill Gates. He doesn’t see how Gates, a leading proponent of sustainable energy, could possibly sell Tesla’s stock short. And Musk says Gates is doing just that. In a t...
Opinion: Dump Buffett as Berkshire’s chairman? That’s exactly what’s wrong with so many shareholder proposals this year
This coming weekend, Warren Buffett hosts his famed annual meeting of Berkshire Hathaway BRK.A, -1.66% BRK.B, -1.87% shareholders in Omaha, Neb. The event is expected to draw tens of thousands live an...