Source: Blue Planet Studio / Shutterstock.com Did you ever consider Meta Platforms (NASDAQ:META) stock as way to gain exposure to the red-hot field of artificial intelligence (AI)? If not, then now’s the time to take a closer look at Meta Platforms. The company is shoring up its tech team with machine-learning experts, so don’t be too …
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Energy stocks have a lot going for them. The world needs a ton of electricity and transportation fuels every day. Energy is inflation-protected, as prices tend to rise during unsettled periods such as we’ve experienced recently. And energy stocks sell at low P/E ratios while often offering high dividend yields. But investors shouldn’t lose sight of …
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Natural-gas futures climbed sharply Thursday after the U.S. Energy Information Administration reported on a slightly smaller-than-expected weekly rise in domestic natural-gas supplies. Inventories of the fuel in storage climbed by 99 billion cubic feet for the week ended May 12, the EIA said. Analysts called for a storage increase of 106 billion cubic feet on …
Retail stocks haven’t been lighting the world on fire lately. The SPDR S&P Retail Exchange-Traded Fund (NYSEARCA:XRT) that tracks the sector is flat on the year (down 0.30% since January). Investors and traders seem to be taking a “wait-and-see” approach to retail stocks as the U.S. economy and consumer spending slow in the wake of …
Continue reading “Surprise! These 7 Retail Stocks Are Ready for Their Comeback.”
10 May 2023, 7:25 pm 1 minute Reuters was first to report the news that a tribunal granted bankruptcy protection to India’s fourth largest airline Go First, bolstering chances of its revival but dealing a blow to lessors. The decision was keenly awaited by global leasing companies in Europe and elsewhere as the ruling now …
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Shares of Target Corp. TGT, -3.31% fell $3.60, or 2.2%, in morning trading Thursday, after the discount retailer was one-upped by rival Walmart Inc.’s WMT, +0.44% full-year earnings outlook. Target’s stock had climbed $4.05, or 2.6%, on Wednesday, after the company beat fiscal first-quarter earnings expectations but provided a downbeat second-quarter outlook. Meanwhile, Walmart’s stock …
Business & Finance 14 May 2023, 7:31 pm 1 minute Reuters was first to report that Argentina’s central bank would hike the benchmark interest rate 600 basis points to 97% after inflation overshot expectations in April to hit 109% on an annual basis. The latest huge hike, part of a package of emergency measures to …
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Shares of General Electric Co. GE, +2.31% fell 0.3% in premarket trading Thursday, after the aerospace and renewable energy company said Chief Financial Officer Carolina Dybeck Happe will step down from the role, effective Sept. 1, after being CFO since March 2020. The company said Dybeck Happe will be succeeded as CFO by Rahul Ghai, …
Signage outside Western Alliance Bank headquarters in Phoenix, Arizona on March 13, 2023. Caitlin O’Hara | Bloomberg | Getty Images Check out the companies making the biggest moves in premarket trading: Western Alliance — Shares popped 12% premarket after Western Alliance said its deposit growth for the current quarter exceeded $2 billion as of May …
