A few weeks ago, we looked at a bull put spread trade on Salesforce which worked out well. Because the bull put spread benefits from the passage of time, you don't need the stock to do much to profit. ServiceNow is back above its 21- and 50-day moving averages and there has been strong support at the 730 price.
Fed day arrives with the focus on what clues Powell will offer to the chances for rate cuts this year.
CVS warns it could cede Medicare Advantage market share as reimbursement rates pressure the company.
Dividend Aristocrats, a group of S&P 500 companies that have consistently increased their annual dividend payouts for at least 25 consecutive years, are often considered a haven for income-seeking investors. These companies are known for their ...
This is one of the most reliable cash-generating companies on the stock market.
While ethical investors may opt to steer clear, top tobacco stock Altria Group currently boasts the highest dividend in the S&P 500 with a smoking-hot yield. Altria, best known for its iconic Marlboro cigarettes, was formed from a 2007 spinoff from Philip Morris. Altria took control of U.S. tobacco interests, prioritizing dividend growth and share buybacks, while Philip Morris focused on the international market.
Strong quarterly results weren't enough to support the stock's recent remarkable gains.
Enterprise Products Partners continues to produce plenty of cash to cover its big-time distribution and expansion plan.
Dow Jones faltered in early trades ahead of the Fed meet on Wednesday. Super Micro plunged on earnings as Nvidia fell below a key level.
Trump Media stock has nearly doubled since mid-April, when the company posted a message informing investors how to defend against short sellers.
(Reuters) -The Federal Reserve announced plans on Wednesday to slow the speed of its balance sheet drawdown, after having spent much of the earlier part of the year warning of this shift. The Fed said that starting on June 1 it was reducing the cap on Treasury securities it allows to mature and not be replaced to $25 billion from its current cap of up to $60 billion per month. The Fed left the cap on how many mortgage-backed securities it will allow to roll off its books at $35 billion per month, and it will reinvest any excess MBS principal payments into Treasuries.