At the start of August, cybersecurity company Fortinet (NASDAQ:FTNT) issued financial results that missed Wall Street’s revenue expectations. Worse, the company lowered its forward guidance. This sent FTNT stock down 25% in a single trading session, its worst single-day price drop ever. The demise of Fortinet has cast a cloud over the entire cybersecurity sector,
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In recent years, the argument against dual-class stock investment has heated up considerably. Some feel they should be outlawed completely. In March 2019, I argued that the problem isn’t the share structure but the people running these companies. The share structure doesn’t stand in the way of market-beating returns in the hands of reasonable management
Most stock charts continue to look impaired due to inflation and recession concerns and certain EV stocks show similar patterns. Investors are tasked with deciding how much of their portfolio they want to bet on more speculative high-growth areas of the market. And indeed, it’s difficult to find EV stocks with strong fundamentals and technicals.
A certificate of deposit is a good way to save money, especially when interest rates are high or rising. Learn about Third Federal Savings & Loan’s CD rates, term lengths, and more.
U.S. Bank CD rates are relatively high if you can meet a higher deposit requirement, but some options are unappealing. Existing customers can get personalized rates.
Older adults are growing more fearful that the Social Security program will run dry, a fear that has some basis in reality, but which may or may not come true.
Vanguard offers brokered CDs through various banks with competitive rates and a wide range of terms. Learn all the details here.
Pharmaceutical stocks can bring you from rags to riches — and back to rags again. The truth is the innovative sector can function similarly to a lottery. Not every company can deliver consistent growth and profits, but those who beat the trend will have their shares pop somewhere in the double digits in share appreciation.
Last week, I revealed MarketMaster AI, a set of deep learning AI algorithms designed to beat the market. The system was flashing warning signals like a hyperactive lifeguard on duty. Its top picks almost exclusively contained conservative blue-chip stocks — the type of investments to survive a bear market. The speculative meme stocks it once
Are you willing to give a chip champ a chance? At least one hedge-fund luminary bought a big chunk of Advanced Micro Devices (NASDAQ:AMD) stock not long ago, so perhaps there’s more upside in store. On the other hand, value-focused financial traders might be reluctant to take a share position in AMD now. Advanced Micro Devices,
AI stocks and chip companies have been the talk of Wall Street in 2023. Generative AI is the catalyst that has propelled those firms and their shares sharply higher this year. Artificial intelligence (AI) can now produce content, text, audio and images far faster than any human could ever hope to do — even if
Everybody and his uncle knows that Nvidia (NASDAQ:NVDA) will benefit from the popularity of artificial intelligence (AI) in 2023. This is already known and priced into NVDA stock. Therefore, value-seekers and contrarians shouldn’t be too eager to invest in Nvidia now. By the time you read this, Nvidia may have already published its second-quarter earnings results.
The stock market has been on a volatile ride in 2023, as investors grapple with the effects of higher interest rates, slowing consumer and business demand, and geopolitical uncertainties. However, most U.S. equities have benefitted from better-than-expected economic growth in the United States, as reflected by the rise of major indices like the S&P500 and
Lately, comments made by U.S. Treasury Secretary Janet Yellen emphasize how the measures taken under the Inflation Reduction Act have helped strengthen the labor market. Yellen’s efforts have been instrumental in generating a surplus of over 13 million job opportunities, helping to lower the United States unemployment rate. Inflation figures in June 2022 peaked at
These successful women entrepreneurs have built global brands and fortunes through their own hard work and strong drive.
Lowe’s, one of America’s biggest home improvement retailers, said sales fell less than expected as robust spending online and by home professionals helped offset lower DIY discretionary demand.
Your 529 plan will cover the same qualified education expenses when you study abroad as it does in the United States.
Bank of America is the latest credit card issuer to offer benefits to electric vehicle (EV) owners with its rewards program.
A Dick’s Sporting Goods store in Niles, Illinois, May 20, 2014. Getty Images Check out the companies making headlines in midday trading. Dick’s Sporting Goods — The retail stock tumbled nearly 24% after Dick’s reported a rare earnings miss and slashed guidance for the year, due in part to an uptick in store theft. Earnings
The massive euphoria in penny stocks has not repeated since 2021. The reason is tight monetary policies that have dampened overall market sentiments. At the same time, recession fears and geopolitical tensions have played spoilsport. Investors are unwilling to speculate even on attractive penny stocks to buy amidst these uncertainties. Of course, there are individual