Most investors who want exposure to the financial sector focus on well-known mega-cap stocks such as JP Morgan Chase (NYSE:JPM) and Bank of America (NYSE:BAC). However, some smaller financial services companies have much longer dividend growth streaks. In fact, the only three financial services companies in the group of dividend kings, which have raised their dividends
It’s big-time theatre at the intersection of Main and Wall Street these days. I’m talking about those trending meme stocks which have become an unequivocally larger deal in 2021. But with the celebrity status comes a volatile battleground between bulls and bears that’s not always so clear-cut. Today, let’s look at the price charts of
Despite intense competition and the easing of the COVID pandemic restrictions, Zoom Video Communications (NASDAQ:ZM) is still zooming. ZM stock? Not so much. Zoom’s first fiscal quarter (April) results justified all the past faith that investors put into it. The company earned $227 million, 74 cents per share fully diluted, on revenue of $947 million.
In this article CLOV CLNE VIRT The frenzied activity involving so-called meme stocks is being driven by more than just retail investors, the CEO of market maker Virtu Financial told CNBC on Wednesday. “There’s a lot of institutions, professional traders, speculators, whatever you want to call them, engaged in this in both the cash equities
Inflation has been warming up this spring, and it’s expected to hit historical levels for the month of May. The consensus forecast for the core consumer price index, which excludes food and energy, is 3.5% on a year-over-year basis, according to Dow Jones. That’s the fastest annual pace in 28 years. Economists expect both core
The CEO of AMC (NYSE:AMC) recently argued that the company was helping its current shareholders by selling more shares of AMC stock. Source: Helen89 / Shutterstock.com “If I was a shareholder, I’d be more concerned that we don’t have shares available to us because I think shares are a very powerful tool to do good
Consumers are demanding more clean energy, and investors are paying close attention to the global transition to renewable resources. The environmental, social and corporate governance (ESG) sectors are growing in response. As the oil industry faces criticism for environmental concerns, investors who are looking for energy stocks should consider buying these seven ESG stocks in
CNBC’s Jim Cramer said Wednesday that trading meme stocks is more gambling than investing. “It’s exciting. It’s fun, and it’s real,” Cramer said on “Squawk Box.” However, he added, “If you’re going to play it, I think that you can, I don’t know, go to the casino. These should be offered at the casino.” He
In this article WFC CLNE RIDE The Lordstown Motors Corp. Endurance electric pickup truck sits on stage during an unveiling event in Lordstown, Ohio, U.S., on Thursday, June 25, 2020. Matthew Hatcher | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Clean Energy Fuels — Shares of Clean Energy Fuels
For many years, income-oriented investors have counted on healthcare Source: Manuel Esteban / Shutterstock.com giant Pfizer (NYSE:PFE) stock to provide reliable dividend distributions. In fact, it’s not unreasonable to say that this is among the main benefits of holding PFE stock for the long term. However, nothing in the markets is 100% reliable and some folks
As a riff on a common philosophical quip, if a bubble isn’t acknowledged, does it really exist? There seem to be a lot of investors (and maybe the Federal Reserve) denying the existence of one or more market bubbles. And that means you may be overlooking some bubble stocks that look due for a selloff.
An artist’s rendition of a Terran R rocket launching to orbit. Relativity Space 3D-printing specialist Relativity Space raised $650 million to step up work on a fully reusable rocket that will attempt to challenge Elon Musk’s SpaceX in less than three years, the company announced on Tuesday. The money will be used “to accelerate some
Take a look at some of the biggest movers in the premarket: Stitch Fix (SFIX) – Stitch Fix lost 18 cents per share for its first quarter, smaller than the 27 cents a share loss that analysts were anticipating. The online clothing styling company’s revenue came in above estimates. Stitch Fix also issued an upbeat
By James Zdralek, Senior Usability Design Expert, SAP What if the world ran on new classes of digital currency that are inflation resistant, create price stability, discourage bubbles and deflationary spirals? What if they could protect citizen’s savings without reducing liquidity when they save rather than spend? Rapid change will continue due to ongoing digital transformation.
BlackBerry (NYSE:BB) stock often rises meteorically and then crashes quickly. That’s what has happened recently to the shares of the Canadian company that was once known for its phones and is now focused on security software. Source: Paul McKinnon/Shutterstock.com BB stock doubled between June 1 and June 3, spiking above $20 at 9:30 am on
GameStop (NYSE:GME) is up 85% over the past month through June 8. GME stock now has a market capitalization of $21 billion. It is unquestionably the King or Queen of Reddit stocks. Source: Shutterstock / mundissima If you’re thinking about buying GME around $300, I implore you to consider buying Williams-Sonoma (NYSE:WSM) before you do.
The 5G revolution isn’t just coming, it’s already here. However, many investors don’t seem to realize the opportunity that comes with it. With an increase in data speed comes an increase in capabilities. It’s going to cause a wave of upgrades, ranging from handsets to infrastructure. And with that, we want to look for 5G
In this article BRK.A Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Warren Buffett’s Berkshire Hathaway made a $500 million investment in the parent company of Nubank, a privately held digital bank based in Brazil, the South American company announced on Tuesday. Nubank, which was
In this article CLOV SFIX WEN A person skateboards past Biogen Inc. headquarters in Cambridge, Massachusetts, on Monday, June 7, 2021. Adam Glanzman | Bloomberg | Getty Images Stitch Fix — Shares of Stitch Fix jumped 12% after the online styling service reported better-than-expected fiscal third-quarter results. The company posted a loss of 18 cents
For the past decade, Northern Dynasty (NYSEAMERICAN:NAK) stock has been one of the larger gold mining juniors out there. Source: allstars / Shutterstock.com The company has long sought to develop its Pebble property into a working gold mine. In recent years, the price of gold cooperated as well. As gold surged, it seemed increasingly as if