Product shortages are generally bad for business -- unless you're in the business of making the product that's in short supply. It's for this reason that shares of semiconductor manufacturer Nvidia (NASDAQ: NVDA) -- a supplier of chips for everything from playing video games to mining cryptocurrency to performing artificial intelligence tasks -- have benefited so much from the global semiconductor shortage over the past couple of years, more than doubling in 2020 and gaining another 65% so far this year. Chipmakers are building new semiconductor plants, and planning to build even more, to capitalize on the global shortage of computer chips and the high prices that this has spawned.
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- Business Insider
Binance CEO Changpeng Zhao tweeted: "Expect very high volatility in #crypto over the next few months."
Trump's new social media company shot up in value, but at least one investor says it's not about the money.
- Insider Monkey
In this article, we discuss the 10 stocks to consider in the portfolio of Nancy Pelosi. If you want to skip our detailed analysis of these stocks, go directly to Nancy Pelosi Stock Portfolio: 5 Stocks To Consider. Former United States President Barack Obama had signed into law the Stop Trading on Congressional Knowledge (STOCK) […]
- Motley Fool
Retiring with a million dollars is a good goal. A larger or smaller sum might work well for you, but for many, if not most, of us, a million dollars will go far. If you apply the flawed-but-still-useful 4% rule to it, withdraw 4% of that million dollars in your first year of retirement, and adjust the withdrawal for inflation in each successive year, the money stands a good chance of supporting you for several decades.
- Insider Monkey
In this article, we discuss the 11 best dividend stocks to buy according to Warren Buffett. You can skip our detailed analysis of Buffett’s hedge fund and his investment philosophy and go directly to read the 5 Best Dividend Stocks To Buy According To Warren Buffett. Warren Buffett is an American businessman, investor, and CEO […]
David Tepper shuns stock market: ‘Sometimes there’s times to make money … sometimes there’s times not to lose money’
David Tepper, billionaire investor and one of the world’s top hedge-fund managers, isn't a fan of the stock market, right now.
- American City Business Journals
Investors sent Intel stock further into the red as company executives outlined aggressive spending plans on a conference call with analysts. Intel stock (Nasdaq: INTC) was down at times more than 9% despite a mixed third quarter financial performance that saw the company beat expectations on earnings per share. The major sticking point appeared to be around a dip in gross margins that CEO Pat Gelsinger said would be down for two to three years while the company spends to get back to a leading edge product position.
Southwest Airlines said Thursday that recent flight cancelations will cost the company $75 million as it confronts an ongoing labor crunch that has forced it to scale back capacity.
IBM has been in the midst of a strategy shift with a focus on hybrid cloud and AI since Arvind Krishna was promoted to CEO in last year. Red Hat, the software company it purchased for $34 billion in 2018 has been at the center of it all. With the company reporting earnings yesterday, the financial performance was pretty bleak, but at least Red Hat continues to grow at a brisk pace.
(Bloomberg) -- One after another, commodities from aluminum to natural gas have surged as pandemic aftershocks rattle supply chains. Gold could be next, although for very different reasons.Most Read from BloombergWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeCities' Answer to Sprawl? Go Wild.One of California’s Wealthiest Counties Could Run Out of Water Next SummerThe Coming Electric Car Disruption That Nobody
NEED TO KNOW Everyone’s talking about stagflation but no one on Wall Street believes it’s coming. A sampling. UBS: “We don’t expect stagflation to become endemic.” Citi: “Stagflation is a metaphor (for now).
- Motley Fool
These companies are not only leaders of their respective markets, but also part of markets with permanent staying power.
Currently, everyone has a lifetime exemption of $11.7 million that they can gift tax-free. Here’s one of my favorite strategies: Everyone can give up to $15,000 tax-free to anyone under the current (2021) annual gift tax exclusion. This means that a married couple can give their kids, grandkids, and any other individual $30,000 a year ($15,000 per person) completely tax-free.
- Motley Fool
Whereas the benchmark S&P 500 has gained 273% over the trailing 10-year period, we've watched Bitcoin approach a nearly 8,000,000,000% gain in a little over 11 years. The Shiba Inu dog breed has inspired a handful of popular cryptocurrencies. Although Bitcoin continues to generate buzz, especially with the first Bitcoin futures-based exchange-traded fund making its debut this week, it's Shiba Inu (CRYPTO: SHIB) that's been turning heads with its gains.
(Bloomberg) -- Scott Peng knows trouble when he sees it -- and right now he detects it all over markets thanks to an oncoming interest-rate “tsunami.”Most Read from BloombergThe Top Money Maker at Deutsche Bank Reaps Billions From SingaporeWhy Americans and Britons Are Rushing to Buy Idyllic Homes in ItalyCities' Answer to Sprawl? Go Wild.Forget Palm Springs—Santa Fe Is the New Mecca for Modern ArchitectureOne of California’s Wealthiest Counties Could Run Out of Water Next SummerThe Advocate Cap
In the latest trading session, Annaly Capital Management (NLY) closed at $8.69, marking a -0.23% move from the previous day.
- Motley Fool
What happened Many major cryptocurrencies dropped again on Friday as investors continued to sell on the news of crypto exchange-traded funds hitting the market. As of 1:30 p.m. EDT Bitcoin (CRYPTO: BTC) was down 3.
Reuters reported in March that Sono is exploring a U.S. stock market listing that may value the company at more than $1 billion, citing people close to the matter. Sono was founded in 2016 by four friends from a small garage in Munich, and is developing the Sion, a fully-electric vehicle that has solar cells integrated into its bodywork. The car has a range of up to 305 kilometers (189.52 miles) and can be charged via solar power or from conventional power outlets.
Steelmaker Cleveland-Cliffs earned $2.33 a share from $6 billion in sales in the third quarter, topping analysts' estimates.
China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said on Friday, buying it another week to wrestle with a debt crisis looming over the world's second-biggest economy. The property developer also announced plans to give future priority to its electric vehicles business over real estate. Facing a deadline on Saturday to pay interest on a U.S. dollar bond, Evergande sent $83.5 million to a Citibank trustee account on Thursday, the person with knowledge of the matter told Reuters.