Economy

“Key Fed inflation measure rose 2.8% in March from a year ago, more than expected”

“…“Inflation reports released this morning were not as a hot as feared, but investors should not get overly anchored to the idea that inflation has been completely cured and the Fed will be cutting interest rates in the near-term,” said… Continue Reading…

Stocks

“With Shares Down Nearly 70%… Ultra-High-Yield Dividend Stock”

“NextEra Energy Partners (NYSE: NEP) has gotten the wind knocked out of its sails in recent years. The renewable energy stock has crashed nearly 70% from its peak in early 2022, pushing its dividend yield up to around 13%. A big factor… Continue Reading…

Stocks

“Tesla Stock in ‘No Man’s Land’ After 43% Rout Ahead of Earnings”

“…The company’s shares are weathering the longest rout since late 2022, tumbling nearly 19% over the past seven days, amid doubts about its business strategy as sales of electric vehicles slump… Such concerns have driven the stock down nearly 43%… Continue Reading…

Stocks

“Super Micro Stock Plunges 23% On Lack Of Preliminary Results. It’s A Big Sell Signal.”

“…The San Jose, Calif.-based company says it plans to release its fiscal third-quarter results on April 30 after the market close. However, unlike in recent quarters, it didn’t offer an early look at its results. On the stock market today, SMCI stock dived… Continue Reading…

Business

“Centuri Up 10% After Raising $315 Million in IPO, Icahn Deal”

“…Shares in the infrastructure services business of power company Southwest Gas Holdings Inc. closed at $23.13 each on Thursday in New York, after a deal priced at $21 per share to raise about $314.8 million in total. Centuri sold 12.4… Continue Reading…

Stocks

“Shares of critical chip firm ASML drop 5% as sales miss expectations with 22% fall”

“…ASML’s stock was down around 4.5% in early European trade after the results. Here’s how ASML did versus LSEG consensus estimates: Net sales fell 21.6% year-on-year while net income dropped 37.4%. ASML’s net sales fell in the middle point of… Continue Reading…

Stocks

“1 Magnificent Dividend Stock Down 27% to Buy Right Now Near a Once-in-a-Decade Valuation”

“Unilever (NYSE: UL) is a consumer goods juggernaut that owns some of the world’s most recognizable brands, including Dove, Axe, Vaseline, Knorr, and Ben & Jerry’s… This stock is down 27% from its all-time highs, trading at a once-in-a-decade valuation, and paying… Continue Reading…

Stocks

“Globe Life shares rebound 20% after plummeting more than 50% Thursday”

“Shares of Globe Life rebounded 20% Friday after sinking 53% Thursday following a short seller report alleging multiple instances of insurance fraud…” https://www.cnbc.com/2024/04/12/globe-life-shares-rebound-after-plummeting-over-50percent-thursday.html Following controversy is a good way to make money in stocks. The only problem is getting to the stock early enough. Scandals are… Continue Reading…

Business

“Tesla will lay off more than 10% of global workforce: Read the Elon Musk memo”

“Tesla will lay off more than 10% of its global workforce, according to a memo sent to employees by CEO Elon Musk. The company’s shares were down around 3% on Monday morning… Tesla shares have taken a bruising in recent months, falling… Continue Reading…

Stocks

“Rivian Stock Has 98% Upside, According to 1 Wall Street Analyst”

“…Inflation or no inflation, and rate cuts or no interest rate cuts … Rivian’s stock price will more than double, and hit $21 a share within a year, according to BofA analysts… …Rivian stock closed just shy of $11 a share Tuesday… Continue Reading…