I last covered AT&T stock (NYSE:T) back in late May and rated it a hold at the time, as I observed that the company’s Q1 results showed it making solid progress, particularly with its free cash flow generation and debt reduction. However, I remained neutral on the stock due to…

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.]Federal Reserve Chair Jerome Powell delivers his keynote speech Friday morning at the central bank’s annual retreat in Jackson Hole, Wyoming.Breaking: Fed Chair Powell indicates interest…

My top 10 things to watch Friday, Aug. 23 1. Wall Street is tracking for a solidly higher open Friday ahead of Federal Reserve Chair Jerome Powell’s closely anticipated speech from Jackson Hole at 10 a.m. ET. The major averages struggled in Thursday’s session, with the Nasdaq losing 1.7% and…

The yen has been a relatively popular topic of discussion lately. Much is being said about the yen carry trade (where firms borrow money at near-zero rates in Japan and invest it into higher rate markets) which is estimated at $4 trillion. The magnitude of this carry trade means that…

Self-driving technology company WeRide delayed its plan for an initial public offering in the U.S., citing its need for more time to complete documents.”Updating transaction documents is currently taking longer than expected, and WeRide is working to complete the documentation necessary to move forward with the transaction,” the company said…

Check out the companies making headlines in premarket trading. Crocs — The footwear stock ticked up more than 1% after an upgrade to buy from hold at Williams Trading. The investment firm said Crocs’ move to sign actress Sydney Sweeney as a spokesperson for its Heydude brand could help reverse…

Introduction I get surprised that whenever I talk to someone about investing, very few know about Real Estate Investment Trusts or Business Development Companies. But maybe that’s just in my circle of friends, which so happens to be very small. If you’re an income investor, I think these two sectors…

The explosion of online sports betting is taking a toll on personal finances, particularly among those who are financially distressed.That’s the conclusion of a recent paper, “Gambling Away Stability: Sports Betting’s Impact on Vulnerable Households.” The authors found that sports betting has exploded since the Supreme Court overturned a federal…

A growing share of gym users is looking to build muscle, leading major fitness companies to refocus their efforts beyond cardio workouts.In fact, building muscle was the No. 1 goal for 2024, ahead of weight loss and general movement, according to Life Time’s annual survey of 3,000 respondents.Now, both Peloton…

RLX Technology (NYSE:RLX) stock is still awarded a Hold investment rating. RLX’s second quarter revenue and earnings came in below expectations, but there are bright spots associated with China’s regulatory environment and the company’s R&D (Research & Development) capabilities. I looked at RLX Technology’s financial performance for the final quarter…