-
US Stocks Reacts To Upbeat Economic Data, Dollar Rebounds As Yields Surge: What's Driving Markets Friday?
Friday, December 8, 2023 - 3:01pm | 1237Wall Street extended its gains on Friday as better-than-anticipated economic data alleviated concerns of an impending economic slowdown. The U.S. economy added 199,000 jobs in November 2023, up from the 150,000 added in October and exceeding market expectations of a 180,000 increase. The...
-
S&P 500, Nasdaq Slip As Tech Underperforms, Oil Reacts to OPEC+: What's Driving Markets Thursday?
Thursday, November 30, 2023 - 3:20pm | 1573Thursday’s trading session on Wall Street presents a mixed picture, characterized by notable fluctuations in major indices. While tech-heavy benchmarks like the S&P 500 and the Nasdaq 100 are experiencing declines, blue-chip stocks and small caps are treading the path of marginal gains....
-
Investors Flood $40 Billion Into Equities Over Two Weeks, Fueling S&P 500's Strongest November Since 1980
Saturday, November 25, 2023 - 10:07am | 622Investors have injected a staggering $40 billion into equities over the past two weeks, propelling the S&P 500 index to its most robust monthly performance in 2023. Bank of America’s chief strategist, Michael Hartnett, revealed these staggering numbers in a note to clients on Friday. The...
-
Netflix Shares Tumble, Shed $9B In Value As CFO Lowers Margin Guidance
Wednesday, September 13, 2023 - 3:46pm | 493The streaming behemoth Netflix Inc. (NASDAQ:NFLX) found itself in a market maelstrom as its market capitalization nosedived by a staggering $9 billion during Wednesday’s session. The catalyst? A word of caution from the company’s CFO, Spencer Neumann, delivered at a Bank of America...
-
This Marijuana Stock Has Beaten Apple, Twilio, Netflix And Bank of America
Sunday, April 3, 2022 - 8:38am | 685Those investors who chose the specialized real-estate investment trust Power REIT (AMEX:PW) to add to their portfolios some five years ago are now enjoying their high returns. Despite COVID's negative effect on the overall economy over the past two years, industries, like...
-
This Cannabis REIT Stock Outperformed Nvidia, Amazon, Square And Pfizer
Friday, December 3, 2021 - 9:11am | 684Investors who upgraded their portfolios with cannabis-focused Real Estate Investment Trust - Innovative Industrial Properties (NYSE: IIPR) five years ago are now loving their sky-high returns. Launched in 2016, IIP is the first publicly-traded company on the New York Stock Exchange to provide...
-
Yes, Virginia, There are High Rewards from Low Risk Stocks
Thursday, October 31, 2013 - 5:23pm | 621Here's something to mull over: Research by Russell Investments found that stocks that were the least volatile and the least risky performed the best over time. In other words, low-risk equities returned the highest rewards to investors. According to two studies by Russell Investments, the first...