Investors who allocated to municipal bonds with paltry yields at the beginning of last year should now “salivate” at the prospect of higher income following the rapid rise in interest rates in 2022, a...
Tag: Financial Investment Services
Coinbase Stock Is Soaring. It Might Be a Haven in a Wild Crypto Market.
Coinbase Global stock continued its winning streak on Tuesday, rising alongside the price of Bitcoin and on the back of a strong analyst endorsement. Coinbase (ticker: COIN) has already had a busy sta...
Netflix, Goldman Sachs, United Airlines, Morgan Stanley, and More Stocks to Watch This Week
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Netflix, Goldman Sachs, United Airlines, Morgan Stanley, and More Stocks for Investors to Watch This Week
This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. https://www.barro...
Former FTX US head denies participation in fraud involving the company
Brett Harrison, former head of the U.S. arm of FTX, distanced himself from the crypto exchange co-founded by Sam Bankman-Fried, which filed for bankruptcy back in November. Harrison, who resigned as F...
Bitcoin spikes above $21,000: is the crypto bear market over ?
Bitcoin, the largest cryptocurrency by market capitalization, spiked above the $21,000 mark on Saturday. The move has encouraged crypto investors who have been shaken by the collapse of several high-p...
Citigroup Reports Earnings Friday. Here’s What Wall Street Expects.
Citigroup is in the midst of a yearslong turnaround. On Friday, Wall Street will see how successful the bank’s efforts have been. Like most of its peers, Citigroup (ticker: C) is expected to post a dr...
‘My adviser insists this is a good, low-risk investment.’ I’m semi-retired at 63 with $2 million saved. My financial adviser wants me to sink half my money in an annuity. Should I do it?
I’ve never been a big fan of annuities, but my advisor insists this is a good low risk investment vehicle. Is a variable annuity a good option for me? Getty Images Question: I am 63 and semi-retired. ...
Coinbase, MicroStrategy and Other Crypto Stocks Fly. Why Gains Could Continue.
Shares in companies exposed to the cryptocurrency space tore higher on Monday. Many of these stocks are beaten down and widely bet against by traders, which means that gains could be accelerated throu...
Charles Schwab Stock Is Ready to Put 2022 Behind It. It’s Time to Buy.
It was a tale of two halves for Charles Schwab stock in 2022. This year is looking a whole lot better. Schwab (ticker: SCHW) finished last year off 1%. But there was a lot more action than that minusc...
Here are potential impacts of China’s reopening on markets, Goldman Sachs says
China, the world’s second-largest economy behind the U.S., is set to reopen in just a few days and one major Wall Street firm has boiled down the likely impact on financial markets. In a note released...
6 value stock picks for 2023 from successful money managers
Following a down year for the stock market, there is no shortage of recession predictions for 2023, especially as the Federal Reserve has signaled it will continue to raise interest rates to fight inf...
ARK’s Cathie Wood Isn’t Backing Down. She Explains Exactly Why.
The core ARK Innovation ETF run by Wood fell 67% last year. But she remains staunchly bullish on the likes of Tesla, Zoom, and Roku. Updated Jan. 6, 2023 1:45 pm ET / Original Jan. 6, 2023 1:42 pm ET ...
Why the consumer is ‘critical’ for investors to watch in 2023 as bear market ‘not yet complete’
The fate of the U.S. consumer is weighing on the outlook for markets in 2023. “The issue is that consumers are actually spending at a pace that is faster than their income growth, and have been for t...
Bahamas Regulator Says It Seized $3.5 Billion in FTX Crypto Assets
Bahamas securities regulators said they seized digital assets valued at $3.5 billion from FTX’s local operation in mid-November as the cryptocurrency exchange spiraled toward collapse, a figure that F...
The EV Market Is Growing Rapidly. How to Invest in Beneficiaries.
Brian Demain has a healthy respect for efficient markets and downside risk. In college, Demain wrote his senior thesis with guidance from Princeton University economics professor Burton G. Malkiel, go...
Troubles at Sam Bankman-Fried’s Alameda Began Well Before Crypto Crash
Sam Bankman-Fried built the cryptocurrency exchange FTX on the reputation of his trading firm, Alameda Research LLC. Alameda was applying Wall Street-style wizardry to the crypto world—and outsiders t...
Here’s What a $1 Million Retirement Looks Like in America
Once a symbol of extravagant wealth, $1 million is now the retirement-savings goal for millions of Americans. For retirees able to accumulate $1 million in savings, the funds translate into inflation-...
This Giant Oil ETF Is Seeing Phenomenal Returns. Why It’s Far Outpacing the Price of Oil.
Shares of the United States Oil Fund surged last week, capping a phenomenal run in recent weeks that far outpaced meager gains in the price of oil. USO (ticker: USO), which holds over $2 billion in as...
AllianceBernstein Executive Helps Chart Firm’s Course Overseeing Finances and Operations
AllianceBernstein Holding LP’s Kate Burke is part of a growing group of executives who lead not only their companies’ finances, but also operations, a trend that comes as firms look to retain top tale...
Opinion: Opinion: FTX was a warning. We must plug the other holes in the Swiss cheese.
FTX’s unraveling should not have come as any great surprise. When an unregulated market like crypto is opened to financial novices, mistakes are bound to be made and fraudsters are sure to take advant...
Here’s why Citigroup’s stock stands out among the biggest U.S. banks
The “big six” U.S. banks have all reported their fourth-quarter results, wrapping up a difficult 2022, when soaring interest rates forced a decline in several areas of business. Citigroup Inc. C, -1.7...