Today in History for February 1st
Highlights of this day in history include: the Space Shuttle Columbia tragedy; a searing image from the Vietnam War; Ayatollah Khomeini returns to Iran, ending years of exile; actor Clark Gable born. (Feb. 1)
The market rally had a mixed week as breadth narrowed. Microsoft and Merck led stocks near buy points. Here's what to do.
Wall Street's brightest billionaire money managers have mixed feelings about this year's class of companies enacting stock splits.
Companies that split their stock see an average annual return of 25% after the split compared to a 12% return for the broader market.
One company is set to lead the charge in the next phase of AI development.
"These funds managed to lose value for shareholders even during a generally bullish market," Morningstar analyst Amy Arnott said.
QuantumScape just shipped a new version of its solid-state batteries.
The average American is a millionaire with a six-figure income, but those numbers are misleading.
Given the S&P 500‘s recent surge beyond 5,300, surpassing some experts’ year-end targets, is it prudent for investors to be concerned about a potential overheating in the market? Goldman Sachs’ chief US equity strategist David Kostin believes that now that the S&P has climbed above the 5,200 target he’d predicted, there just isn’t much more room at the top this year. Kostin believes that the current combination of high stock valuations and low projections for 2024 GDP and earnings growth are lik
Most Americans are hoping gasoline prices don’t go over $4 this summer. Chevron and some other top gasoline producers in the state are fighting it aggressively, saying the move will backfire and potentially cause prices to rise even more. California’s attempts to find new ways to lower its sky-high gas prices highlight the state’s tricky transition to cleaner transportation fuels.
Warren Buffett's secret portfolio contains 90 securities -- five of which are phenomenal businesses whose shares were purchased in the March-ended quarter.