The stock market has been awful this year. The average energy stock in the S&P 500 is up almost 50% this year, powered by surging oil and gas prices. Several of these companies could have the fuel to keep rallying, given their plans to return their growing windfall to shareholders.
Super Micro Computer's lack of a preliminary earnings report led to a bloodbath in the sector.
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
Two more property insurance companies are pulling out of California, leaving more homeowners in the state facing loss of coverage and surging premiums as insurers flee.
Super Micro stock fell hard after the data-center computer specialist didn't announce preliminary results for its fiscal Q3.
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
The high-flying sector caught a bit of gloom at the end of the week due to several discouraging developments.
This company has been around for decades, but the recent AI boom has supercharged growth.
One of the fastest-growing utility stocks, along with "Wall Street's Greatest Dividend Stock," make for phenomenal buys right now.
The losses in the stock market accelerated after Super Micro Computer announced earnings without preannouncing results.
If you are looking to maximize the income your portfolio generates, consider Enterprise Products Partners and Enbridge, but stay away from this midstream giant.