Why Kaiser Aluminum Stock Slumped Today Despite 169% Sales Growth
The aluminum stock's second-quarter earnings failed to impress, but the market could have missed the good points.
The aluminum stock's second-quarter earnings failed to impress, but the market could have missed the good points.
“She flipped the title on his car, sold all his furniture and told us that our dad didn’t leave me or my sister anything.”
In the realm of stock market indicators, the Buffett Indicator stands out, especially when it flashes red. Named after Warren Buffett, the CEO of Berkshire Hathaway Inc. and a figure synonymous with investing acumen, the indicator compares the total market capitalization of all actively traded U.S. stocks to the latest estimate of quarterly gross domestic product (GDP). Buffett, in a 2001 Fortune magazine article shared by CNN Money, described it as “probably the best single measure of where val
These stocks have all performed well and have many similar characteristics that can provide lessons for other investors.
The super-successful hedge fund manager likes several AI stocks.
Here's what could happen to gold prices next.
These energy stocks have been on fire this year.
Wood is sounding the alarm on Nvidia following its meteoric rise.
The soon-to-be spun-off power generation business of General Electric—GE Vernova—is getting more expensive, while the remaining business, GE Aerospace, is getting cheaper. GE shareholders get one share of Vernova for every four GE shares held. The GE Aerospace value is down from about $147.30 at Wednesday’s close, off 4%.
Owning shares of an industry-leading enterprise with numerous positive attributes seems like a no-brainer decision.
Trump Media & Technology Group soared as much as 14% on Wednesday.
Should you go with the tobacco giant, the struggling healthcare REIT, or neither?
The latest update to the Federal Reserve’s preferred price gauge on Friday should confirm a bumpy start to the year on the inflation front. The central bank is taking a wait-and-see approach to lowering interest rates this year as it assesses whether progress on reducing inflation to its 2% annual target has stalled. Fed officials’ preferred measure of inflation is the core personal consumption expenditures price index, due at 8:30 a.m. on Friday as part of the Bureau of Economic Analysis’ personal income and outlays report.
The once-booming EV market in China is experiencing a slowdown due to economic challenges and reduced government subsidies, prompting a shift in strategy among local and international automakers.
Trump Media reported revenue of $3.4 million and a loss of $49 million during the first nine months of 2023, and received a $300 million cash infusion as part of its listing via a merger with a special-purpose acquisition vehicle, or SPAC. The company’s price-to-sales valuation far outstrips even the buzziest of its social-media peers such as Reddit and Facebook and Instagram parent Meta Platforms So far, no Wall Street analysts have put a rating or target price on Trump Media stock, according to FactSet.
The bitcoin price implied by MicroStrategy’s share price is $177K, 2 ½ times the spot price of the cryptocurrency, the report said.
It has badly trailed stocks over most extended periods. Over the course of the 1970s, gold’s price in dollar terms rose more than 10-fold, according to the World Gold Council. This coincided with two legendary bull markets in stocks, doing serious damage to gold’s reputation.
The proliferation of AI systems in the cybersecurity sector could give this company a nice boost.
Reddit insiders including CEO Steve Huffman disclosed significant share sales Wednesday night, days after the social network's IPO. RDDT stock fell late
One Wall Street analyst believes Datadog could become the fastest-growing software company as the artificial intelligence boom unfolds.
Canoo (GOEV) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.