Investing
Amazon.com Inc.’s stock ended Thursday’s choppy after-hours trading about 5% higher as the technology’s profit progress appeared to overshadow a slight miss on quarterly cloud sales and a soft fourth-quarter outlook. The seesawing stock movement initially started after Amazon AMZN, -1.50% released results showing that third-quarter revenue swelled 13% to…
If you don’t like these 10% and 12% dividends, well, you’re not really an income investor. That’s right. As I write, select closed-end funds (CEFs) yield 12.8%. Twelve. Point. Eight. Per. Cent! Vanilla “investors” are panicking. Sentiment has hit washout levels. A short-term bottom is near, or perhaps already in.…
Welcome back to Distributed Ledger. This is Frances Yue, reporter at MarketWatch. Bitcoin BTCUSD, -0.15% had an impressive rally this week, rising from around $30,000 on Sunday to above $35,000 at one point, according to CoinDesk data, with a spike up in retail and institutional inflows. The cryptocurrency is trading…
The Federal Reserve appears virtually certain to keep rates on hold at their November 1 interest rate announcement. That’s according to recent statements from Fed policymakers and the expectations of fixed income markets. However, the more interesting question is what the Fed signals about the prospect of another possible interest…
Meta Platforms Inc.’s stock was down 5% Thursday to lead the Magnificent Seven group lower, but its bonds were again holding up, thanks to their juicy yields. Meta META, -3.73% was the latest tech giant to offer an earnings report late Wednesday that beat consensus estimates but to then talk…
The traditional 60/40 investment portfolio, a staple of American retirement planning, has been taking a beating since the start of 2022. Incredibly, even during a bearish market, this supposedly moderate-risk portfolio has underperformed compared to the S&P 500. This unexpected phenomenon can be traced back to the peculiar economic conditions…
Ford Motor Co.’s stock dropped 4% after hours Thursday after the carmaker reported lower-than-expected quarterly earnings and withdrew its guidance for the year, citing the pending agreement with the United Auto Workers. Ford F, -1.65% also reported an adjusted loss of $1.3 billion for its EV unit, saying that customers…
When markets fall, it often triggers emotional and financial distress among investors. This discomfort arises not only from the direct diminution of wealth but also from the psychological pain associated with watching one’s hard-earned investments decline in value. The ability to see over these hurdles and identify which companies are…
The Nasdaq-100 is heading down lately after a decent 2023 rally that seemed to fade as the summer turned into fall. This index, heavy with the tech stocks most mentioned in the financial media, is having a tough week just as a prominent Silicon Valley billionaire issued a “techno optimism”…
Oil futures settled lower on Monday, logging their biggest daily decline since early October as traders monitored diplomatic efforts aimed at ensuring the Israel-Hamas war doesn’t spiral into a wider regional conflict.Price action West Texas Intermediate crude for December delivery CL00, -2.08% CL.1, -2.08% CLZ23, -2.08% fell $2.59, or 2.9%,…