DraftKings Stock Surges as Online Betting Company Boosts Revenue Outlook
The online sports betting platform boosts its revenue outlook for the year to between $2.08 billion and $2.18 billion.
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The TelegraphJack Ma’s downfall is a symptom of Xi Jinping’s communist economy
As a Chinese success story, Alibaba is unrivalled. As its founder, Jack Ma soared in power and prestige, acquiring a global reputation that spread alongside the company’s growth into a global e-commerce giant.
- MoneyWise
‘We are in a recession’: Long-time bull Cathie Wood is warning investors about the ‘big problem’ in today's economy. Here are 3 stocks she likes now
The super investor still sees opportunities ahead.
- Motley Fool
Down Between 15% and 53%: 3 Top Dividend Aristocrats That Are Too Cheap to Ignore
Investing in equal parts of these blue chip dividend stocks gives an investor an average yield of 3.2%.
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Should You Buy Exxon Mobil Corporation (NYSE:XOM) For Its Upcoming Dividend?
It looks like Exxon Mobil Corporation ( NYSE:XOM ) is about to go ex-dividend in the next three days. The ex-dividend...
- TipRanks
Over 100% Upside: Analysts See an Appealing Entry Point in These 3 ‘Strong Buy’ Stocks
After July’s exceptional surge, the markets steadied during early August with the S&P 500 up by a third of a precent over the past week. Now investors will be keen to find out if the rally has legs. Stifel's chief equity strategist Barry Bannister thinks it does and believes the S&P 500 is on course to reach 4,400 during the year’s second half, explaining that the sell-off in 1H22 is “still being reversed.” The strategist also thinks the S&P 500’s “equity risk premium” now suggests a mid-point p
- Reuters
Berkshire Hathaway posts $43.8 billion loss as stock holdings tumble
(Reuters) -The slide in U.S. stock prices punished Berkshire Hathaway Inc's bottom line in the second quarter, as the conglomerate run by billionaire Warren Buffett on Saturday reported a $43.8 billion loss. Berkshire nevertheless generated nearly $9.3 billion of operating profit, as gains from reinsurance and the BNSF railroad offset fresh losses at the Geico car insurer, where parts shortages and higher used vehicle prices boosted accident claims. Despite the huge net loss, "the results show Berkshire's resilience," said James Shanahan, an Edward Jones & Co analyst who rates Berkshire "neutral."
- Motley Fool
2 Red-Hot Dividend Stocks to Buy Like There's No Tomorrow
These two real estate investment trusts boast safe, market-beating dividend yields of 3.3% and 5.1%, respectively.
- Simply Wall St.
Why You Might Be Interested In Ford Motor Company (NYSE:F) For Its Upcoming Dividend
Ford Motor Company ( NYSE:F ) stock is about to trade ex-dividend in three days. Typically, the ex-dividend date is one...
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Is Lucid Group Stock a Buy Now?
Lucid Group's (NASDAQ: LCID) stock tumbled 13% during after-hours trading on Aug. 3 following its second-quarter earnings report. The luxury electric-vehicle (EV) maker generated $97.3 million in revenue, which represented a big jump from $174,000 a year ago (when it hadn't started shipping its vehicles) but broadly missed analysts' expectations by $59.8 million. Lucid only delivered 679 vehicles during the quarter and produced 1,405 vehicles in the first half of 2022.
- Motley Fool
2 Stocks That Cut You a Check Each Month
A real estate investment trust and a business development company each send passive income to shareholders a dozen times a year.
- Motley Fool
1 Semiconductor Stock With 104% Upside, According to Wall Street
Advanced Micro Devices continues to deliver strong financial results, which could lead to blockbuster gains in its stock price.
- Motley Fool
3 Disruptive Growth Stocks That Can Turn $250,000 Into $1 Million by 2030
Since touching their respective closing highs between mid-November and the first week of January, the iconic Dow Jones Industrial Average, widely tracked S&P 500, and growth-dependent Nasdaq Composite have plunged as much as 19%, 24%, and 34%. While the Dow came within a bad day of ending in bear market territory, the S&P 500 and Nasdaq were firmly entrenched there. If there's a silver lining to the worst first-half to a year for the S&P 500 since 1970, it's that bargains abound for patient investors.
- Simply Wall St.
Bank of America's (NYSE:BAC) Shareholders Will Receive A Bigger Dividend Than Last Year
Bank of America Corporation ( NYSE:BAC ) has announced that it will be increasing its dividend from last year's...
- MoneyWise
Dr. Fauci: You’ll ‘get into trouble’ if you’re not up to date on COVID vaccines and boosters — here are 3 stocks that could get a shot in the arm
These stocks might give your portfolio a boost.
- Motley Fool
Is It Too Late to Buy These 2 Stock Split Stocks?
Stock splits have been hot lately as some top companies have decided that dividing up their stocks into smaller portions will benefit the companies and their shareholders. Whether stock splits are advantageous to anyone is debatable, but historically, splitting the stock into smaller portions at cheaper prices does tend to achieve at least an initial jump in the price. Amazon (NASDAQ: AMZN) and Shopify (NYSE: SHOP) both split their stocks in June, and both stocks are up around 10% since their respective stock splits as of this writing.
- Yahoo Finance
Have the markets bottomed, and is it safe to buy? Experts weigh in
A recession? Don’t tell that to the stock market. The major averages ended positive for the week. That came after the best month for the S&P 500 since November 2020.
- Motley Fool
Lumen Stock Slips After Earnings Miss: Why I'm Not Worried
Inflation is putting pressure on Lumen's earnings, but the company is making progress on its long-term strategic transformation.
- Business Insider
The investment strategist that nailed the stock market bottom in June says risks are skewed to the downside as investors fight the Fed
"What's holding us back is central bank tightening and that valuations are not that compelling," Truist Bank co-CIO Keith Lerner told Insider.
- Motley Fool
Dave Ramsey Says Taking on This Type of Debt Is ‘Like Trying to Bail Yourself Out of a Sinking Boat With a Bucket Full of Holes.’ Is He Right?
If you're familiar with finance expert Dave Ramsey, you probably already know he is not a fan of borrowing. On his blog, Ramsey explained the common reasons why people get personal loans: consolidating debt at a lower interest rate; building credit; and buying things you cannot afford to pay for outright. Ramsey warned it can be a "lot of work" to take out a personal loan, only to "get absolutely nowhere."
- The Hill
Seven Dems vote for GOP amendment, forcing Democratic scramble
CORRECTION: Seven Democrats voted for the GOP amendment that would extend a cap on the SALT tax deduction. A previous version of this story included incorrect information. Maverick Sen. Kyrsten Sinema (D-Ariz.) on Sunday backed a Republican amendment to shield businesses that rely on capital investment from private equity groups from the 15 percent corporate minimum…