Traders work on the floor of the New York Stock Exchange. NYSE U.S. stock index futures inched higher during overnight trading Sunday after the Nasdaq Composite Index posted its worst month since 2008, pressured by rising rates, rampant inflation, and underwhelming earnings from some of the largest technology companies. Futures contracts tied to the Dow
Month: May 2022
In this article VRRM Thomas Winz | The Image Bank | Getty Images Company: Verra Mobility (VRRM) Business: Verra Mobility operates through two segments: (i) Commercial Services: the market-leading provider of automated toll and violations management and title and registration solutions to rental car companies, fleet management companies, municipalities, school districts and violation issuing authorities;
Choreograph | iStock | Getty Images For Medicare beneficiaries wondering whether their Part B premiums could be reduced, the waiting continues. More than three months after Health and Human Services Secretary Xavier Becerra ordered a reassessment of this year’s $170.10 standard monthly premium — a bigger-than-expected jump from $148.50 in 2021 — it remains uncertain
Women in traditional marriages, as many of our aging parents are, frequently leave the earning and directing of finances to their husbands. Some are in long-term, unmarried relationships that have the same feature. The man handled the money. We also know that statistically, women tend to outlive their men. Where does that leave the aging
In this article STLA-IT GM F Ford CEO Jim Farley speaks at the launch of the all-new electric Ford F-150 Lightning pickup truck at the Ford Rouge Electric Vehicle Center on April 26, 2022 in Dearborn, Michigan. The F-150 Lightning is positioned to be the first full-size all-electric pickup truck to go on sale in
In this article HOOD BRK.A Berkshire Hathaway Vice Chairman Charlie Munger blasted stock trading app Robinhood on Saturday, saying the company is now “unraveling.” “It’s so easy to overdo a good idea. … Look what happened to Robinhood from its peak to its trough. Wasn’t that pretty obvious that something like that was going to
In this article JNPR V GOOGL MSFT SNAP A man walks past the brand logo of Alphabet Inc’s Google outside its office in Beijing, China, August 8, 2018. Thomas Peter | Reuters Earnings season can bring heightened volatility to the markets, and this time it’s showing no sign of slowing down. In tumultuous times like
So far, 2022 has been an extremely unkind year to investors. To recap, as of this writing: · The S&P 500, which tracks the 500 largest US stocks, is down over 10% · The technology heavy NASDAQ NDAQ , that has delivered stellar performance for over a decade, is down nearly 18% · The Russell
Loading chart… Johnson Controls International Plc: “It’s just very cheap.” Loading chart… Star Bulk Carriers Corp: “The way this stock is priced, the dividend’s going to be cut. I don’t know if that’s the case. … This is what I almost would call too good to be true.” Loading chart… Principal Financial Group Inc: “I
In this article BRK.A Inflation has been one of the hot topics for markets this year, and rising prices are impacting portfolio companies for Berkshire Hathaway in different ways. In March, the Federal Reserve’s preferred inflation gauge rose 5.2%, and the central bank is starting to raise interest rates, trying to thread the needle between
In this article BRK.A Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market, effectively turning it into a “gambling parlor.” Buffett, 91, spoke at length during his annual shareholder meeting Saturday about one of his favorite targets for criticism: investment banks and brokerages. “Wall Street makes money, one
It’s hard to find many reasons to be bullish on the stock market right now. On the other hand, there are many reasons to be bearish, at least in the short term, from war to inflation to monetary tightening to fiscal spending declining in 2022. From an investing standpoint, a far more transformative event than
Two of the most critical factors facing housing construction today are labor and inefficiency. And, while there are no one-shot, sure-fire solutions, Pittsburgh-based home building startup Module is working on disrupting both with the launch of the Last Mile Lab, a place for product and process innovation and workforce training. This one-two punch is perfect