Investing
Advanced Micro Devices Inc. gave Wall Street a bold projection for revenue from its first AI chips for next year, and while the outlook may look like a high hurdle, it’s quite feasible that Chief Executive Lisa Su can deliver on her promise. Su told analysts on AMD’s AMD earnings…
Look, this deglobalization trend is hitting high gear—and if you miss your chance to tap it for surging dividend payouts, you will regret it down the road. After all, it’s megatrends like this one that we contrarian income-seekers live for. Let the “basic” investors sweat headline-driven fears like rising rates…
Large cryptocurrencies were mixed during morning trading on Tuesday, with Solana Solana USD seeing the biggest move, climbing 3.42% to $36.01. Cardano Cardano USD led the decreases with a 2.24% drop to 29 cents. Two other cryptocurrencies saw increases Tuesday. Ripple XRP USD climbed 2.51% to 59 cents, and Polkadot…
S&P Global Ratings upgraded Ford Motor Co.’s rating to BBB- late Monday, restoring it to investment grade after it was lowered into junk in 2020. Fitch already returned its rating on Ford to investment grade in September, while Moody’s continues to rate it as speculative grade. The company needs two…
Yum China Holdings Inc. late Tuesday gave investors a fresh reason to worry about China’s economy. Yum China’s shares YUMC fell about 9% in the extended session Tuesday after the owner of Pizza Hut, KFC and other fast-food brands in China missed Wall Street expectations for its third quarter, saying…
Oil prices settled at their highest in a week on Friday, a day after marking their lowest finish in two weeks, as the situation in the Middle East intensified, raising the potential that the conflict will spread further into the oil-rich region. News reports said U.S. warplanes bombed targets linked…
Stock picker Ken Farsalas at Oberweis Asset Management is proving that the best way to trounce index funds is to fill your portfolio up with little known, earnings-beating companies. By Hank Tucker, Forbes Staff Eugene Fama, University of Chicago economist and father of the efficient market hypothesis, has long been…
By Rhiannon Hoyle Train drivers at BHP Group’s Australian iron-ore operations have voted in favor of strike action in a dispute over pay and conditions, a union representing the workers said Monday. Workers backed a number of measures including work stoppages, speed reductions and a range of work bans in…
I hate to see investors get snared by so-called “rules of thumb” like the 4% rule (which we’ve debunked here on Contrarian Outlook many times before). The trouble is, these rules only “work” until they don’t. And blindly following them through an unexpected market turn could lead you to investment…
By Ronnie Harui SINGAPORE–Singapore’s gross-domestic-product growth is expected to be in the lower half of the 0.5%-1.5% forecast range this year, and closer to its potential rate next year, the Monetary Authority of Singapore said Monday. Manufacturing should undergo a cautious recovery, along with nascent signs of stabilization in the…