A “Robinhood (NASDAQ:HOOD) stock” is one with bad fundamentals small investors buy anyway to squeeze shorts and “get the man.” It’s practically a synonym for a trade made by dumb money. Robinhood is also a Robinhood stock. Since its first day’s close of $35.15 on July 5, 2021, shares are down 73%. In 2023 they’re
Berkshire Hathaway reported its third-quarter earnings, which saw it’s biggest cash hoard to date and a 40% increase in operating income.
For long stretches in 2021, Block (NYSE:SQ) was a $250 stock. For even longer stretches, SQ stock has traded around $50. It’s hard to know what the “true” value is of the fintech led by Jack Dorsey. One thing I know for sure is that it will probably continue to be a wild ride for
Better-than-expected labor productivity data for the U.S. economy reported on Nov. 2 was the reason behind the huge stock market rally that day. “Non-farm productivity, which measures hourly output per worker, increased at a 4.7% annualized rate,” Reuters reported. That was the largest surge of the metric in three years. In fact, the power of
As economic uncertainty rises, blue-chip stocks to buy can provide stability for the prudent investor. Typically, these are resilient and established businesses with a track record of steady performance. In addition, in prior downturns, they have preserved capital relative to the market. In today’s financial markets, you must bolster your portfolio with blue-chip stocks. Rising
The world of stock investing is akin to a pendulum, consistently swinging between highs and lows. Though the current market indicators may seem a far cry from their peak two years ago, history is on the side of perseverance. It’s a simple yet profound truth that every downturn in the stock market brings with it
A shopper passes in front of a North Face store at the Easton Town Center mall in Columbus, Ohio, on Jan. 7, 2021. Luke Sharrett | Bloomberg | Getty Images Company: VF Corporation (VFC) Business: VF Corp. is a consolidator of consumer footwear and apparel brands. It engages in the design, procurement, marketing and distribution
The cryptocurrency market witnessed 37% year-to-date growth in 2023. However, the bullish market can mask the weakness of some assets. Investors should consider shedding unwanted cryptocurrencies as we approach 2024. Better yet, they should take note of which cryptos to avoid in the coming year. All the cryptocurrencies mentioned in this article, in my view,
Bitcoin is the first decentralized peer-to-peer payment network and cryptocurrency. Users (and not central governments or banks) determine its value. They could undermine the role of governments in the financial system.
Today’s best CD rates are 6.50% from Financial Partners Credit Union, 6.18% from Bayer Heritage Federal Credit Union, and 6.14% from Minnequa Works Credit Union.
How does the Federal Reserve System affect ordinary citizens? In more ways than you might realize.
Nio (NYSE:NIO) has performed poorly over the past few months. Although shares in the China-based EV maker have found support in recent trading days, I wouldn’t assume that the dust has settled with NIO stock. Yes, per the latest headlines, it may seem as if the situation will improve from here for Nio. The company
If you’ve found it harder to save this year, you’re not alone. Inflation is tightening Americans’ abilities to put cash away, which can cause problems if an emergency hits.
Restaurant Brands shares dropped after reporting lower-than-expected revenue for the third quarter as comparable store sales growth slowed at Burger King.
While Americans have been buying up gold bars at Costco with enthusiasm, global demand for gold fell slightly in the third quarter compared to last year, a report from the World Gold Council earlier this week showed.
The recent decision by the Federal Reserve to maintain steady interest rates highlights a complex situation that policymakers are grappling with. Despite the robust performance of the U.S. economy, there is uncertainty at the central bank regarding the tightness of financial conditions necessary to rein in inflation, which still exceeds its 2% target. Fed Chair
Real estate investment trusts (REITs) are among the core options for income-based investing. I would go as far as arguing that REITs don’t even have to be located in tax-efficient accounts, as their dividend yields are so substantial that taxes don’t erode their compounding potential. Moreover, some REITs are positioned for solid capital gains after
SoFi Technologies (NASDAQ:SOFI) stock has strong comeback potential, but be careful. Required federal student loan repayments resumed in October, and that’s certainly good news for SoFi Technologies. However, you’ll definitely want to conduct your due diligence on SoFi’s financials before making any investment decisions. October certainly was a good month for SoFi Technologies. For instance, SoFi
Learn about the double-entry method of bookkeeping and how it works in the general ledger. Every accounting transaction has two effects on finances.
Shares of payments provider Affirm jumped more than 19% after expanding its partnership with Amazon to offer buy now, pay later (BNPL) services to the e-commerce giant’s business-to-business (B2B) clients.