Since the disappearance and apparent killing of a dissident journalist in a Saudi Arabian consulate, some of the most powerful figures in business are distancing themselves from the kingdom. There is one prominent exception: Masayoshi Son, chief executive of the SoftBank Group. Mr. Son, the 61-year-old founder of SoftBank, the Japanese internet, energy and financial …
Semiconductor stocks have been struggling to generate positive momentum recently, but there are a number of new secular trends which investors are looking to remain exposed to in the long-term. Of these, easily the most exciting for certain niche chipmakers is the Internet of Things. For those that don’t know, the Internet of Things is …
With the fourth quarter shaping up to be considerably choppier than many expected, it’s time to look at Wall Street and see which stocks the experts are betting on as solid picks amid the selloff. The Dow Jones Industrial Average and S&P 500 fell more than 4 percent last week despite strong gains on Friday. …
Sometimes identifying the best stocks to buy can be difficult, but you could do a lot worse than checking out the stocks selected by one of the world’s savviest hedge fund managers — Warren Buffett. Buffett’s stock picks are a popular source for investors, and for good reason. The billionaire Buffett is many things: He’s …
Politicians and advocates have long touted homeownership as the best way to build wealth, saying that over the long term, home values go in only one direction: up. But since the dawn of the 21st century, that promise has been an empty one for many African-Americans. In nearly a fifth of the ZIP codes where …
Homebuilder sentiment ticked up recently as buyers’ demand overshadowed headwinds. A growing economy and record low unemployment rate boosted housing demand. At the same time, the cost of lumber is falling, which is enhancing builders’ confidence. The broader construction industry is also hiring on a large scale, reflecting the housing market’s underlying strength. All of …
Gary Gensler, a former chairman of the US Commodity Futures Trading Commission (CFTC), has recently sat down with Bloomberg TV to talk about crypto regulation at the Institutional Crypto: Laying the Foundation conference in New York. While some investors like Warren Buffett or Bill Gates have bashed cryptocurrencies, most agree about the huge potential of …
Marijuana users are cheering the legalization of marijuana for recreational use in Canada, but it’s not just pot advocates who are excited. Investors are also upbeat because the recreational market for marijuana represents a massive opportunity for sales growth for leading Canadian cannabis companies, including Tilray Inc. (NASDAQ:TLRY) and Aurora Cannabis (NASDAQOTH:ACBFF). Is this a good time …
Stocks recovered impressively in afternoon trading Wednesday after an early downdraft that saw the Dow, S&P 500 and Nasdaq composite fall more than 1%. Sluggish earnings from IBM (IBM) and a Home Depot (HD) downgrade weighed on the Dow. X The Nasdaq composite, S&P 500 and Dow Jones industrial showed modest losses just after 2 …
Share to facebook Share to twitter Share to linkedin Photographer: Michael Nagle/Bloomberg International Business Machines (IBM) has been a component of the Dow Jones Industrial Average since June 1979. The stock set its all-time intraday high of $215.90 in March 2013 and then bottomed with a low of $116.90 during the week of February 12, …