Yahoo Finance's Alexis Christoforous and Jared Blikre break down the latest market action after the department store retailer announced first quarter earnings that beat on net income and revenue, as well as topping Wall Street estimates for comparable sales. UPDATE: Traders initially bought the news, but sold the stock after the CFO said on the earnings call that the second quarter faces "headwinds."
Uncertainty is the word of the day, in reference to the near-term economic future. Sentiment will hinge on the inflation numbers due out next week. March’s figure rose to 3.5%, and April’s job numbers showed a marked slowing in the labor market; that combination has stoked fears of stagflation. But – corporate earnings from Q1 are beating expectations, and the stock market has taken a turn for the better with the S&P 500 closing just below 5,200 yesterday. Economic strategists are still optimist
The popular growth investor added to these three existing positions on Tuesday.
Social Security payments may be subject to cuts. Here's what the timing looks like.
If you're taking a required minimum distribution from an IRA, 401(k) or other tax-deferred account and don't need the money to cover living expenses, where should you stash that unneeded cash? Investors now need to start taking RMDs at age 73 or, if they were born after 1960, at age 75. Depending on the balances of […] The post Can I Use My RMDs to Transfer Money Into My Roth IRA? appeared first on SmartReads by SmartAsset.
These supercharged energy income stocks -- with an average yield of 9.87% -- can really fatten your pocketbook.
High-water price targets from a trio of Wall Street pundits imply three diminutive companies can skyrocket 223% to 557%.
Investing in cheap stocks brings unique risks because there is usually a reason the companies are undervalued.
Pfizer stock ran up to its 50-day line after the company reported better-than-expected sales and profit. Is PFE stock a buy?
"Investors' expectation that the Fed would nip a recession in the bud by easing means that the Fed Put is back," Ed Yardeni said.
A veteran Wall Street analyst thinks Palantir's shares are a unique buying opportunity.