America’s second-largest public pension by assets recently increased its investments in some of the market’s more volatile stocks. The California State Teachers’ Retirement System doubled its stakes i...
Tag: Financial Performance
6 Preferred Stocks That Offer Safety and High Yields
There still is plenty of yield in the depressed preferred-stock market—even after the recent half-point yield decline in the Treasury 10-year note to 3.7%. Many preferred issues yield 6% or more and o...
Apple iPhone wait times have doubled in 4 weeks to 38 days, UBS says
It’s too late to buy an Apple iPhone 14 Pro or Pro Max in time for Christmas, as supply disruptions have caused wait times to double over the past four weeks, according to UBS research. As a result, i...
New-Home Sales Surge. It’s Still a Mixed Picture for Housing.
Text size Sales of new homes rose in October. Here: completed and under construction new homes in Trappe, Maryland. Jim Watson/AFP via Getty Images Sales of new homes unexpectedly rose in October, pai...
Baidu Beats Revenue Expectations Despite Continued Covid Worries
Baidu on Tuesday became the latest Chinese technology company to report a return to annual growth, as it beat expectations for its third-quarter revenue. Baidu (ticker: BIDU)—often referred to as Chi...
The PC boom has gone bust, and we are about to see the results ahead of Black Friday
The pandemic-fueled personal-computer boom has ended, so how will that affect demand and pricing for PCs and the retailers that sell them this holiday season? A sense of the fallout will be provided i...
Match Group Stock Has Been Knocked Down. It’s Time to Pick It Up.
Online dating has been a heartbreaker for investors in Match Group this year. The stock, however, now looks like a keeper. It hasn’t been an easy year for Match (ticker: MTCH). Its stock has fallen 65...
They Lived Together, Worked Together and Lost Billions Together: Inside Sam Bankman-Fried’s Doomed FTX Empire
NASSAU, Bahamas—Sam Bankman-Fried’s $32 billion crypto-trading empire collapsed in an incandescent bankruptcy last week, prompting irate customers, crypto acolytes and Silicon Valley bigwigs to ask ho...
Alibaba Gets a Price Target Cut After Strong Earnings
Text size Benchmark analyst Fawne Jiang maintained her Buy rating on Alibaba despite cutting her price target. AFP via Getty Images Alibaba Group Holding stock popped on Thursday, prompting an analyst...
Ontario Teachers’ Pension Plan is latest FTX investor to mark venture investment to zero
It’s relatively rare for an institutional investor to make a public statement about a loss on a venture-capital investment, but nothing about FTX International’s $32 billion blow-up and bankruptcy is ...
Veteran manager offers 5 ‘cheap, quality, dividend’ stocks that will let you play one of tech’s biggest themes.
2022 may be remembered as the year investors fell out of love with tech stocks. While the Nasdaq Composite COMP, -3.91% is up about 5.3% this quarter, that’s after three dismal ones, and a 28% loss fo...
Elon Musk testifies in shareholder lawsuit over Tesla compensation package
WILMINGTON, Del. (AP) — Tesla TSLA, -2.01% CEO Elon Musk took the witness stand Wednesday to defend himself in a shareholder lawsuit challenging a compensation package he was awarded by the company’s ...
Black Friday surprise: Jeff Bezos tells people not to buy cars, refrigerators and other big-ticket items. Critics call him out.
Billionaire Jeff Bezos, who founded the e-tail behemoth Amazon, has some spending tips as Americans gear up for the holiday shopping season — amid four-decade-high inflation and recession worries. Her...
Opinion: This record number in Nvidia earnings is a scary sight
Nvidia Corp.’s financial results had a bit of a surprise for investors, and not on the good side — product inventories doubled to a record high as the chip company gears up for a questionable holiday ...
Cloud software is suffering a cold November rain. Can Snowflake and Salesforce turn it around?
The week after Thanksgiving could determine if cloud software is still too fat or if there are some tasty leftovers for Wall Street. Autodesk Inc. ADSK, +1.82% signaled a slowdown in business spending...