[Reuters] Jan 4 (Reuters) – U.S. prosecutors are in the process of seizing shares of Robinhood Markets Inc (HOOD.O) tied to Sam Bankman-Fried, who has been charged with fraud in the collapse of the FTX cryptocurrency exchange, a U.S. attorney told a judge on Wednesday. The Department of Justice did not believe the 56 […]
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[Bloomberg] Carmaker’s CEO offloaded $3.58 billion more stock this week Latest disposal coincided with losing spot as No. 1 richest Elon Musk Sells Another $3.58 Billion in Tesla SharesUnmuteWATCH: Musk has offloaded almost $40 billion worth of Tesla shares since late last year. Craig Trudell reports.Source: Bloomberg Elon Musk sold […]
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[MoneyWise] With many experts continuing to see rocky times ahead for the stock market, it might be time to look at dividend stocks for the rest of 2022. Dividend stocks are a way to diversify a portfolio that may be chasing growth a little too obsessively. They generate income in good times, […]
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[The Motley Fool, Getty Images] KEY POINTS Though bear markets can be unnerving, they’re the perfect time for long-term investors to go on the offensive. These five fast-paced stocks are well positioned for double-digit growth, no matter what the economy throws their way. These phenomenal growth stocks are ripe for […]
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[The Motley Fool] Diversification isn’t necessary if you know what you’re doing. Key Points The Oracle of Omaha has overseen the creation of more than $710 billion in shareholder value since becoming CEO. Despite managing a $340 billion investment portfolio, $296 billion is devoted to only three sectors. Few investors have […]
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[CNBC, Getty Images] Warren Buffett called Apple the second-most important business after Berkshire’s cluster of insurers. The “Oracle of Omaha” made clear he is a fan of CEO Tim Cook’s stock repurchase strategy. Berkshire’s Apple stake is now worth more than $160 billion, taking up 40% of its equity portfolio. Warren […]
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[Markets Insider, Reuters] Investors should “sell the rips” in the stock market as the Fed raises interest rates into a bear market, Bank of America said on Friday. The bank observed that 76% of the Nasdaq and 51% of the S&P 500 have entered bear market territory. “We believe bull […]
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[CNBC, Getty Images] Walmart will report its fiscal fourth-quarter earnings on Thursday. Along with announcing holiday results, the retail giant may be a bellwether of inflation and indicate whether Americans are starting to spend differently as prices of food and more rise. “The voice of Walmart carries more weight in […]
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[CNBC, Getty Images] One hedge fund got the GameStop trade just about perfectly right last year — buying it under $10 and selling when the meme stock peaked. The sell signal it used? An Elon Musk tweet. That’s how 2021’s top-performing hedge fund Senvest Management was able to notch $700 million in profit […]
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[The Motley Fool] These stocks will reward you over time and tide you over in a bear market. Key Points Amazon has prioritized serving its customers under any circumstances. An S&P 500 index fund is a secure investment in the market. Store Capital is a high-yielding REIT with massive opportunities. […]
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