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Business

“Tesla posts record net income of $438 million, revenue surges by 74%”

April 27, 2021

“Tesla reported first-quarter results after the bell on Monday. The company beat expectations handily, buoyed by sales of bitcoin and regulatory credits, but the stock dipped as much as 3% after hours as investors digested the numbers. Here’s how the company… Continue Reading…

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Business

“Schwab adds 3.2 million new brokerage accounts in first quarter – more than all of 2020”

April 15, 2021

“Retail investing behemoth Charles Schwab added more clients in the first three months of 2021 than in all of 2020. Schwab added a record 3.2 million new clients in the first quarter of 2021. The firm added about 2.4 million… Continue Reading…

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Stocks

“12 Stocks Turned $10,000 Into $1.1 Million In 12 Months”

December 31, 2020

“All the top 10 S&P 500 stocks in December, like health care Alexion Pharmaceuticals (ALXN), plus a raft of consumer discretionary plays like Tesla (TSLA) and Ralph Lauren (RL), jumped more than 20% in the month, says an Investor’s Business Daily analysis of data from S&P… Continue Reading…

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Business

“Comcast nets record high-speed internet adds, has nearly 22 million Peacock sign-ups”

October 29, 2020

“Comcast on Thursday reported third-quarter earnings that beat analyst estimates on the top and bottom lines… Here are the key numbers: Earnings per share: 65 cents, adjusted vs.52 cents expected, according to Refinitiv survey of analysts Revenue: $25.53 billion vs. $24.74 billion expected,… Continue Reading…

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Business, Cryptocurrencies

“Square buys $50 million in bitcoin, says cryptocurrency ‘aligns with company’s purpose’”

January 1, 2021

“Square said Thursday it bought 4,709 bitcoins, worth approximately $50 million. This represents about 1% of Square’s total assets as of the end of the second quarter of 2020… The price of the digital currency has risen to around $10,724 from $7,100… Continue Reading…

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Business, Economy

“Lowe’s gives $100 million more in bonuses to hourly employees”

October 7, 2020

“Lowe’s said Wednesday it will give $100 million more in bonuses to hourly employees, as strong demand for home improvement continues. It marks the sixth time the home improvement retailer has given additional pay to workers at its stores… With the… Continue Reading…

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Personal Finance

“Retiring with $1 million: How much you should save every month, broken down by age”

September 22, 2020

“…In fact, only 47% of retirees think they’ve built a large enough nest egg to last the rest of their lives, according to a 2020 survey conducted by the Transamerica Center for Retirement Studies. If your goal is to save $1 million, you’ll need… Continue Reading…

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Business, Economy

“NFL’s Chiefs-Texans 2020 season-opener averaged 19.3 million viewers, down 12% from last year”

September 12, 2020

“The numbers are out, and the National Football League ratings for its 2020 Kickoff game Thursday attracted an average of 19.3 million viewers for the night, NBC Sports said on Friday. That’s about a 12% drop versus last year’s season… Continue Reading…

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Business

“Mall owners Simon, Brookfield set to rescue JC Penney from bankruptcy in $800 million deal”

September 11, 2020

“U.S. mall owners Simon Property Group and Brookfield Property Partners are close to finalizing an $800 million deal to rescue the embattled department store chain J.C. Penney from bankruptcy, avoiding a total liquidation and saving about 70,000 jobs and 650 stores, Joshua Sussberg of the… Continue Reading…

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Economy

“First-time jobless claims fall below 1 million for the first time since March”

August 13, 2020

“Another 963,000 Americans filed for regularfirst-time unemployment benefits last week on a seasonally adjusted basis — the first time in five months that number has dipped below 1 million, the Department of Labor said Thursday. It was the lowest number of weekly… Continue Reading…

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