Is Pfizer stock a buy after the company announced its $5.4 billion plan to buy Global Blood Therapeutics? Is PFE stock a buy right now?
- The Wall Street Journal
The largest U.S. crypto exchange posted its second consecutive quarter of losses, hurt by sharp loss in trading fees.
- KGUN - Tucson Scripps
Remembering three influential celebrities who passed away.
Tesla shares edged lower Tuesday following data from China indicating a steep decline in July sales and exports amid planned maintenance breaks at its Shanghai gigafactory. Tesla sold 28,217 China-made cars last month, the China Passenger Car Association (CPCA) said Tuesday, with around 19,756 of the units exported to other markets.
Norwegian Cruise Line Holdings Ltd. fell 8.8% in premarket trades Tuesday after it warned it'll post a third-quarter loss and fall short of revenue targets. The company said its second-quarter loss narrowed to $509.3 million, or $1.22 a share, from a loss of $717.8 million, or $1.94 a share, in the year-ago quarter. Adjusted loss was $1.14 a share in the latest quarter. Revenue increased to $1.19 billion from $4.37 million. Wall Street analysts expected Norwegian Cruise Line Holdings to lose 88
Tony Adams is the 11th contestant named for the BBC One show, joining Molly Rainford and Kym Marsh.
While onstage at Tesla's annual shareholder event, CEO Elon Musk hinted that the automaker would choose the location for a new gigafactory by the end of the year. It seemed like a throwaway comment at the time, but a July lobbyist registration from Tesla reveals the company might actually have its eyes set on the U.S.'s neighbor to the north. Tesla recently added an amendment to its registration with Ontario’s Office of the Integrity Commissioner that sets forth the automaker's plans to engage with the Ontario government to identify opportunities for "industrial and/or advanced manufacturing facility."
- Exec Edge
By Exec Edge Editorial Staff Reynolds Consumer Products Inc. (Nasdaq: REYN) said is second-quarter earnings rose 5% as the company implemented price increases to offset declines in volume. The maker of Reynolds Wrap foil and Hefty trash bags said it expects 2022 net revenue growth in the range of 8% to 11%, driven by price […]
The last few years saw the markets go crazy. Between the COVID lockdowns and market crash, the rebound recovery, last year’s sustained bull run, and this year’s devastating first half that saw the bull turn into a bear. But in all of that, there have been stocks that have outperformed the market. These winning stocks have attracted attention from Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program. Among other things, Cramer has been following stocks which won big during the COVID cris
- Motley Fool
Early each month, the U.S. Bureau of Labor Statistics (BLS) releases the latest data for the Consumer Price Index (CPI), a benchmark tracking the price movement on a wide range of goods and services that people use every day. Investors monitor the CPI to gauge the current state of inflation, which has been at a 40-year high for most of the year and resulted in aggressive interest rate hikes by the Federal Reserve, which is trying to rein in the high prices currently plaguing the country. On Wednesday, BLS will release the data for how the CPI trended in July.
One of the big advantages of owning certain real estate investment trusts (REITs) over common stock is this: Some pay dividends monthly. Stocks pay dividends quarterly, which is nice, but monthly sounds better to more than a few investors. With that in mind, here are five REITs paying the monthly dividends. 1. Agree Realty Corp. (NYSE: ADC) pays a 3.61% annualized dividend and trades on the New York Stock Exchange with an average daily volume of 815,000 shares. The monthly dividend payment is $0
- Business Insider
'Big Short' investor Michael Burry expects months of pain for markets and the economy - and cautions the Fed against cutting rates too hastily
Burry painted a bleak outlook for the rest of the year, and warned the mindless speculation in markets reminded him of the dot-com bubble.
(Bloomberg) -- Elon Musk offloaded $6.9 billion worth of stock in Tesla Inc. to accumulate cash ahead of a trial that could force the billionaire to follow through on an agreement to acquire Twitter Inc.Most Read from BloombergMusk Sells Another $6.9 Billion of Tesla Ahead of Twitter TrialUS Inflation Runs Cooler Than Forecast, Easing Pressure on FedDozens in China Infected With New ‘Langya’ Virus Carried by ShrewsRussia Is Scouring the Globe for Weapons to Use Against UkraineUK Plans for Blacko
Chip CEOs warn that the time of record sales and profits for chipmaking companies is over as consumer demand slows.
The Senior Citizens League projects the annual cost-of-living adjustment for 2023 to come in at 9.6%, down slightly from the prior month's estimate as inflation cooled a bit.
(Bloomberg) -- Micron Technology Inc., the leading US maker of memory semiconductors, became the latest chipmaker to declare that demand is falling off rapidly. It warned investors that revenue won’t meet projections, sending industry stocks tumbling.Most Read from BloombergMusk Sells $6.9 Billion of Tesla to Avoid Twitter Fire SaleUK Plans for Blackouts in January in Emergency Energy PlanTrump Under Intense Legal Scrutiny After FBI Searches Mar-a-LagoRussia Is Scouring the Globe for Weapons to
- Motley Fool
Despite investing more than $62 billion in this stock since 2018, you won't find it in Berkshire Hathaway's quarterly 13F filing.
Sentiment can change fast on Wall Street. Rewind back to early May and a triple whammy of soaring inflation, a hawkish Fed and ongoing macro concerns had the stock market - and the tech segment in particular - staring into the abyss. Or as Wedbush analyst Daniel Ives puts it, there was a feeling on the Street that in Q2, the tech sector was going to have the "’rug pulled out from under’ with earnings set to fall off a cliff.” But not only has that not materialized, the June earnings season have
Major energy traders are taking hundreds of millions of dollars in losses as they scramble to plug a liquefied natural gas (LNG) supply gap after several outages hampered efforts to fill European storage ahead of the winter heating season. Unplanned disruptions at LNG plants in the United States, Nigeria and Australia have wrong-footed traders, including BP and Shell, forcing them to pay inflated costs for alternative supplies. In a market already struggling to meet global demand for natural gas after Russia sharply reduced pipeline supplies into Europe, the lost LNG cargoes which can be transported by ship, have pushed global prices sharply higher in recent months.
- Business Insider
Warren Buffett's Berkshire Hathaway plowed $6 billion into stocks, pared its buybacks, and paid nearly $900 million to its next CEO last quarter. Here are the key takeaways
Berkshire slashed its spending on stocks and share repurchases, but bought a top executive's stake in Berkshire Hathaway Energy for nearly $1 billion.
Don’t be fooled by a drop in U.S. headline inflation. Markets will be attuned to another figure on Wednesday.
The core CPI reading, or measure which strips out volatile food and energy costs, could have the propensity to jolt markets after Wednesday's release.