A video board display's the numbers after the closing bell of the Dow Industrial Average at the New York Stock Exchange on November 8, 2017 in New York. Wall Street inched to another trifecta of record closes with the Dow finishing at its fifth straight all-time high.
Alphabet (GOOGL) doesn't seem like your typical growth stock, considering it opened at $1,030.99 this morning (Oct. 27, 2017). But Wall Street is overlooking the explosive potential our tech guru sees…
Money Morning Director of Technology & Venture Capital Research
Michael Lewis: A Warning for Index Investors From the Oakland A’s
Whats Best Investment Since 2000? Most Americans Guessed Wrong
Trump Tax Proposal to Include Estate Tax Repeal
Former Federal Reserve Board Chairman Ben Bernanke, who helped steer a flailing economy through the Great Recession into recovery, is worried about congressional proposals to unwind Dodd-Frank regulations.....More>>>
Teach your kids the concept of savings by using physical money and opening a saving account at a bank branch.
The world seemed much less complicated in the 1980’s when I pioneered the topic of teaching kids about money. By and large, consumers of that time used physical coins and bills to make purchases; digital currency in the form of credit cards was in its infancy. Today,....More>>>
24/7 Wall St. has put together a preview of the Dow Jones Industrial Average companies scheduled to report their quarterly results this week. A little more than one-third of the companies in the Dow are reporting this coming week. Although the Dow has backed off its highs, a strong earnings showing from these companies could push the index higher again.
We have included the consensus earnings....More>>>
Sears is soaring today, and there is, thankfully, an obvious reason (I hate when there isn’t one). In this case, it’s the news that Bruce Berkowitz’s Fairholme Capital Management bought 286,000 shares of the stock from March 23 to March 27, following CEO Eddie Lampert’s purchase of more than 500,000 last week.
As North America’s bull market continues to see extended gains following Donald Trump’s presidential victory, many investors are beginning to question current valuation levels in the face of increased global uncertainty. When attempting to rebalance one’s portfolio in order to preserve capital, companies like Wal-Mart (NYSE:WMT), J&J (NYSE:JNJ), and General Mills (NYSE:GIS)....More>>>
At 4 p.m. ET this afternoon, U.S. President Barack Obama will reveal the eight individuals he’s tasked with serving on his Puerto Rico oversight board. These folks will be charged with restructuring the commonwealth’s massive $70 billion debt burden.
To be clear: This board is not tasked withdoling out another bailout placed at the feet of American taxpayers. It’s more....More>>>
You might be wondering if David’s Tea (NASDAQ: DTEA) is good value after its epic earnings miss. Though the valuation has never been this compelling from a numbers perspective, the numbers in this case do not tell the whole story.
I last wrote about David’s Tea on March 9th, in an article titled “Is the worst over?”. The company had put the botched IPO behind....More>>>
Sales Trends A Bit Soft, But Nothing To Worry About
I have been a bit disappointed by Nordstroms (NYSE:JWN) recent results. Not because it was a bad quarter per se, but because it broke the sequence of constant overperformance compared to other peers in the
To blockchain developers and cryptocurrency watchers, the entire system has a mind of its own and is one step ahead of the market, at least two steps ahead of regulators. It's lack of physical roots make it nearly impossible to control. China tried. (Shutterstock)
I'll bet you've made this mistake. And I'll also bet that your kids... and grandkids... are making it right now. I've seen it time and time again. It's one of the quickest ways to lose money in the market. Just as an example, let's say you put a few hundred buc
Microsoft Corp. (NASDAQ: MSFT) reported fiscal first-quarter 2018 results after markets closed Thursday. The software behemoth reported diluted earnings per share (EPS) of $0.84 on revenues of $24.5 billion. In the same period last year the company reported EPS of $0.72 on revenues of $21.93 bil