Shares of Taiwan Semiconductor Manufacturing Company (NYSE: TSM), commonly called TSMC, tumbled Monday morning, falling as much as 4%. As of 11:02 a.m. ET, the stock was still down 3.9%. Events that transpired this weekend and comments made by the semiconductor specialist’s founder put some investors on edge. Start Your …
Read More »Gen Xers – ‘America’s Forgotten Middle Child’ – Are The Experiment Generation For 401(k)s But Experts Say Results Are ‘Gloomy’
Generation X, often referred to as “America’s Forgotten Middle Child,” is now grappling with a harsh reality: They were the experiment generation for the 401(k). Unfortunately, the results are not looking too rosy. As the first generation to primarily rely on 401(k) plans rather than traditional pensions, Gen Xers have …
Read More »Google earnings are coming tomorrow. Here’s what Wall Street expects
Google (GOOGL) parent Alphabet is set to report third-quarter earnings on Tuesday, after beating second-quarter earnings expectations on artificial intelligence momentum. The tech giant is expected to report revenues of around $86.4 billion for the third quarter, according to analyst estimates compiled by FactSet (FDS). Google’s U.S. revenues are expected …
Read More »U.S. stocks could soon trade for almost 24 hours a day
The New York Stock Exchange (ICE) on Friday announced plans to extend its weekday trading on its U.S. equities market to 22 hours a day. That would mean the NYSE Arca — the top electronic exchange in the United States — will allow trading from 1:30 a.m. to 11:30 p.m. …
Read More »Boeing Launches $19 Billion Share Sale to Thwart Downgrade
(Bloomberg) — Boeing Co. launched a nearly $19 billion share sale, one of the largest ever by a public company, to address the troubled planemaker’s liquidity needs and stave off a potential credit rating downgrade to junk. Most Read from Bloomberg The company offered to sell 90 million common shares …
Read More »Nasdaq leads US futures higher in wait for key data, Big Tech earnings
US stock futures climbed on Monday as Middle East war fears cooled, ahead of a pivotal week packed with Big Tech earnings, an inflation update, and a crucial monthly jobs report. Contracts on the tech-heavy Nasdaq 100 (NQ=F) jumped roughly 0.7%, while S&P 500 futures (ES=F) rose 0.5%. Dow Jones …
Read More »Marjorie Taylor Greene’s Stock-Buying Blitz Continues. Here Are 6 Stocks She Bought.
For many of us, buying and selling stocks are occasional events. Others, however, engage in the event as frequently as every month or even more. Rep. Marjorie Taylor Greene, the Republican representative from Georgia, finds herself in the latter camp, consistently purchasing stocks every few weeks. In the most-recent go …
Read More »2 “Magnificent Seven” Stocks That Can Plunge by Up to 98%, According to Select Wall Street Pundits
In case you haven’t noticed, the bulls are very much in control on Wall Street. The mature stock-driven Dow Jones Industrial Average, benchmark S&P 500, and growth-propelled Nasdaq Composite, have all soared to multiple record-closing highs in 2024. Although broader themes, such as the artificial intelligence (AI) revolution, stock-split euphoria, …
Read More »Philips cuts annual sales outlook as China demand deteriorates
By Bart H. Meijer AMSTERDAM (Reuters) -Philips said on Monday that demand in China slumped significantly in recent months, forcing the Dutch medical devices maker to lower its sales outlook for the year. “In the (third) quarter, demand from hospitals and consumers in China further deteriorated, while we continue to …
Read More »Asset managers roll out new ETFs to tap in to AI buzz
By Suzanne McGee (Reuters) – Exchange-traded funds focused on artificial intelligence are proliferating as asset managers offer investors new ways to tap in to the market enthusiasm for AI, even while it remains unclear which companies will emerge as the long-term winners from the latest technology revolution. More than one-third …
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