Tag Archives: Investors

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, March 22, 2021 There will ‘always’ be a top risk, but some are worse than others “There is always some reason or the other since the start of this bull market to complain/worry about,” Bank of America strategists led by Ajay Kapur wrote last week (emphasis ours). “That’s why bull markets climb a wall of worry.” Kapur and his team were… Source link

(Photo: Costfoto/Barcroft Media via Getty Images) The everything rally of the last several months may be getting a lift from an unexpected source: federal stimulus money. A new Yahoo Finance–Harris poll finds that 9% of people expecting to get a $1,400 stimulus check plan to invest some of the money in traditional assets such as stocks, while 7% plan to use the money to buy cryptocurrencies such as bitcoin. Young investors are even more willing to gamble. Among 18- to 24-year-olds, 19% plan… Source link

Early last week, Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google made an announcement that stunned the digital advertising world. The company said that it was planning to eliminate ad-tracking cookies (something that’s been in the works for more than a year), but it then went even further. In a blog post on Google’s website, product management head David Temkin said, “Today, we’re making explicit that once third-party cookies are phased out,… Source link

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link

Federal Reserve Chairman Jerome Powell added more fuel to the fire for investors already spooked by the spectre of higher inflation and rising interest rates in the bond market. Speaking at the Wall Street Journal Jobs Summit, Powell said he expects the economic reopening to cause some inflation later this year, but that it would be temporary, and it was not enough to make the central bank hike interest rates. That was little consolation to investors, who pushed the Nasdaq (^IXIC) and S&P 500… Source link

TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional… Source link

TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional… Source link

(Bloomberg) — Salesforce.com Inc. reported sales increased 20% in the fiscal fourth quarter, the same year-over-year gains as in the previous period, disappointing investors who were looking for growth to accelerate. Shares dropped about 4% in extended trading. Still, the company gave a revenue forecast for the current period that exceeded analysts’ estimates, suggesting customers have begun spending more on its software after slowdowns fueled by the pandemic. Sales were $5.82 billion in… Source link

Kohl’s (KSS) is starting its week with activist investors knocking on its door. On Monday, Kohl’s and CEO Michelle Gass — who joined as chief customer officer in 2013 and assumed the CEO role in May 2018 — were blasted by a group of activist investors for “poor retail execution,” “excessive executive compensation,” a “long-tenured Board with insufficient retail experience,” and a “systemic inability to achieve stated goals.” The activist group includes Macellum Advisors, Ancora Holdings,… Source link

TipRanks Billionaire Ray Dalio Places Bet on 3 “Strong Buy” Stocks When billionaire financier Ray Dalio makes a move, Wall Street pays attention. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. With the firm managing about $140 billion in global investments and Dalio’s own net worth coming at $17 billion, he has earned legendary status on Wall Street. Summing… Source link