Investors may get a wake-up call this winter when it comes to taxes, but it doesn’t have to be that way. According to BNY Mellon’s Ben Slavin, it’s a key time to sell losing investme...
Tag: Markets
Canada’s Largest Pension Sells Apple, Tesla, NIO, XPeng, Li Auto Stock
Canada’s largest pension fund by assets under management recently made striking changes in its investments in Apple and four prominent electric-vehicle makers. Canada Pension Plan cut its stake in App...
4 Advisors on Their Top Bond Buys Now
With bonds offering their juiciest yields in years, we queried some wealth management pros on where they see the best fixed-income opportunities now: David Rossmiller, Bessemer Trust: We like longer b...
Retailers Are Cutting Jobs Instead of Hiring Help Ahead of the Holidays
The holiday season is usually a reason for stores to staff up to handle the surge of shoppers. But Friday’s jobs report showed a concerning trend: Retailers are shedding workers. According to the Bure...
Battered SPACs and Closed-End Funds Finally Look Tempting. How Investors Can Play Them.
With apologies to the Bard, SPACs are now in disgrace with fortune and men’s eyes, along with other excesses, such as meme stocks and nonfungible tokens. But some special purpose acquisition companies...
Stocks Rise on Cooling Inflation and Fed Moderation. That Doesn’t Mean the Bear Market Is Over.
Christmas came early this year for the stock market. Is there a Grinch waiting to ruin it? It was a week of surprises both good—Federal Reserve Chairman Jerome Powell essentially confirming a smaller ...
T. Rowe Price Has Had a Rough Time of Late. Negativity in the Money Manager’s Stock Could Be Overdone.
Money manager T. Rowe Price Group has fallen way out of favor on Wall Street. There are 15 analysts covering the stock, according to FactSet. None say to buy. More say to sell than hold. That’s approa...
Amazon, Walmart, and Kroger Could Have the Solution to Grocery Deliveries
Shoppers returning to stores in the wake of the Covid-19 pandemic, venture-capital money drying up, and higher labor costs mean the first golden age of food delivery looks to be over. But customers ha...
Apple Is Looking to Move Production Out of China, Report Says
Apple has hastened plans to move part of its production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal report citing anonymous sources. The world’s mo...
Caterpillar, Deere, and More Industrial Stocks Ready to Break Out
Stocks in the industrial sector have been on a tear. In aggregate, they are knocking on the door of reaching new heights. The Industrial Select Sector SPDR ETF (ticker: XLI ), home to Caterpillar (CAT...
Slowing Inflation Isn’t Good for All Stocks. The Challenge That Tesla and Others Could Be Facing.
Inflation may have peaked, which could be bad news for stocks that have benefited from higher prices. It has taken time, but the market has finally coalesced around the idea that inflation won’t get h...
Is the Housing Market Headed for a Big Crash? What’s Ahead for Real Estate.
Todd Clark and his wife, Jocelynn Wilde-Clark, have lived through the ups and downs of the housing market in the time of pandemic. In the summer of 2021, as Covid produced frenzied home buying, the co...
Larry Summers Says Fed Will Need to Boost Rates More Than Markets Expect
(Bloomberg) — Former Treasury Secretary Lawrence Summers warned that the Federal Reserve will probably need to raise interest rates more than markets are currently expecting, thanks to stubbornl...
Jim Cramer says these 3 apparel stocks benefit from return to office
CNBC’s Jim Cramer on Friday offered investors a list of clothing stocks that he believes will see upside as workers continue returning to the office. “After the huge run in the apparel sto...
Boeing Stock Surges On Report of 787 Dreamliner Order By United
Boeing (BA) – Get Free Report shares lurched higher Friday following a report that suggested United Airlines (UAL) – Get Free Report is close to making a deal for dozens of the planemake...
CFTC Chair: ‘Digital Asset Markets Lack The Basic Protections’
After the FTX collapse, the U.S. Commodity Futures Trading Commission’s (CFTC) jurisdiction urges Congress to act fast on the crypto regulation. The official CFTC site stated that “Unlike other federa...
Activision acquisition would be good for Microsoft and the overall stock market
Microsoft ‘s (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least...
GBTC’s near $11 billion assets under management pose a risk in the bear market: UBS
Your size is not Grayscale’s size Grayscale’s size can be extremely problematic in a bear market, Kachkovski said. Any sale would widen the GBTC discount further but not necessarily affec...
Zscaler, Marvell, DoorDash and more
Zscaler rings the opening bell at the Nasdaq exchange in New York, March 16, 2018. Source: Nasdaq Check out the companies making headlines in midday trading. Zscaler – The cloud security company’...
Bitcoin, ether, crypto stocks plummet following bumper U.S. jobs figures
Cryptocurrencies dropped in line with equities, while U.S. Treasury yields rose after U.S. jobs data for November beat expectations. Non-farm payrolls for the month came in above estimates at 2...
Here’s where the jobs are for November 2022 — in one chart
The U.S. job market beat expectations again in November, adding 263,000 payrolls led by the service sector. Leisure and hospitality was the top category for job gains, according to a report from the U...
A New Paradigm in the Blockchain Markets
The world of cryptocurrency is facing multiple challenges on a daily basis, and it seems that they keep coming. One that’s particularly common and even fundamental for the majority of the projects and...
Astra chief engineer Benjamin Lyon resigns from rocket builder
Benjamin Lyon, chief engineer and executive vice president of engineering and operations Astra Beleaguered rocket-builder Astra is losing its highly touted chief engineer, Benjamin Lyon, the company s...
Trends in Digital Asset Markets- Commissioned by Polygon
Executive Summary “The institutions are coming.” For the longest time, the phrase was echoed ad-nauseam by crypto bulls. So much so, that after years of minimal institutional adoption, it ...
Marvell Technology, Horizon Therapeutics, DoorDash and more
Marvell Technology Group Source: marvell.com Check out the companies making headlines before the bell: Marvell Technology (MRVL) – The chip maker’s stock slid 4.9% in the premarket after quarter...
China people worry wrong Covid test results mean pandemic won’t end
Residents queue at a Covid-19 testing booth in Beijing, China, on Monday, Nov. 28, 2022. The capital city has required regular virus tests for more than half a year. Bloomberg | Bloomberg | Getty Imag...
Wall Street Veteran El-Erian Says Fed Comments Roil Markets
(Bloomberg) — Mohamed El-Erian sees the rollercoaster ride in financial markets, with Friday’s surprisingly strong US jobs report producing the latest drop, as another lesson for Chairman Jerome...