Finance - PWSHub News

Can I Live Off The Interest of a $1 Million Portfolio?

Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a...

16 hours ago

Bristol Myers Squibb Witnesses Strong Demand For 'Newer Drugs' As Q2 Earnings Beat Expectations, Raises 2024 Profit Forecast

Friday, Bristol Myers Squibb & Co (NYSE:BMY) posted second-quarter revenues of $12.20 billion, beating the consensus of $11.55 billion, an increase of 9% year-over-year, or 11% when adjusted for foreign exchange impacts, primarily driven...

16 hours ago

FedEx to cut domestic flight activity by 60%

FedEx will fly fewer aircraft and go to fewer U.S. cities starting this fall as a consequence of the U.S. Postal Service giving its primary air cargo contract to a competitor. The post FedEx to cut domestic flight activity by 60% appeared...

17 hours ago

The Most Important Retirement Table You'll Ever See

The message isn't new: Saving for retirement is important. Yet most people still have a long way to prepare for their post-working years. The median...

17 hours ago

Why Super Micro Computer Stock Is Plummeting This Week

In a tough stretch for tech stocks, Supermicro's share price has seen a double-digit slide.

17 hours ago

Cash Crash: All-Cash Offers Tumble As Housing Market Shifts

Remember the crazy housing market during the pandemic when investors with bulging wallets swooped in, buying houses with piles of cash? Now, things are starting to cool down. Investor cash purchases dropped to 64% in the first quarter of...

17 hours ago

VW and QuantumScape partner for solid-state batteries

Under the non-exclusive licence, PowerCo can manufacture up to 40 GWh per year using QuantumScape’s tech

17 hours ago

Forget Annaly Capital Management -- These Unstoppable Stocks Are Better Buys

Annaly Capital Management (NYSE: NLY) is an alluring dividend stock. The mortgage-focused real estate investment trust (REIT) currently yields...

17 hours ago

Stock market news today: US stocks set for rebound as investors wait for key inflation data

Investors are looking to the Fed-favored inflation data to calibrate the timing and depth of rate cuts.

19 hours ago

Nasdaq futures jump as megacaps recover; inflation data in focus

Chip stocks also rebounded, with Intel, Broadcom, Qualcomm, Micron Technology and Arm Holdings up around 2% each. At 5:32 a.m. ET, Dow e-minis were up 182 points, or 0.45%, S&P 500 e-minis were up 41.25 points, or 0.76%, and Nasdaq 100...

19 hours ago

1 Artificial Intelligence (AI) Stock With 75% Upside to Buy Hand Over Fist, According to Dan Ives

Last year, the Nasdaq Composite and S&P 500 both experienced significant rebounds after dismal performances in 2022. One of the main tailwinds...

19 hours ago

Spooked U.S. stock market faces tech earnings minefield, Fed meeting

Rattled investors are bracing for earnings from the market’s biggest tech companies, a Federal Reserve policy meeting and closely watched employment data in a week that could determine the near-term trajectory of U.S. stocks following a...

19 hours ago

Why it's all Elon all the time: Morning Brief

The financial media has been very Musk-focused as of late — and with good reason.

19 hours ago

Is AT&T or Verizon Communications the Better High-Yield Dividend Stock?

AT&T and Verizon offer attractive dividend yields, but their financial health and growth prospects differ, presenting investors with a choice between AT&T's lower payout ratio and Verizon's stronger revenue growth.

19 hours ago

Down 94% From Its High, Is This Growth Stock Finally a Buy?

Many moguls have made their millions (or billions) in real estate, but as much as the industry can create fabulous wealth, it can also go through...

20 hours ago

1 Artificial Intelligence (AI) Stock to Buy Before It Soars 335% to $3 Trillion, According to a Wall Street Analyst

Gene Munster, co-founder and managing partner at Deepwater Asset Management, recently told CNBC that Tesla (NASDAQ: TSLA) is on pace to be a $3...

20 hours ago

Warren Buffett Is Raking in $5.26 Billion in Annual Dividend Income From These 7 Stocks

Seven core holdings account for the lion's share of the dividend income Berkshire Hathaway is expected to collect over the next year.

20 hours ago

3 High-Yielding Dividend Stocks That Can Help Bankroll Your Retirement Years

If you're looking for some good dividend stocks to own in retirement, one thing you'll want to focus on is stability. Striking a balance between...

20 hours ago

Meet the New Nasdaq 100 and S&P 500 Artificial Intelligence Stock That Topped Nvidia in the First Half

The stock market soared in the first half, but the movement wasn't exactly broad-based. A certain type of company led the S&P 500 to its...

21 hours ago

2 charts show why the stock market sell-off isn't done yet

The stock market rally has started to wobble in July and market strategists believe this could be the start of the average pullback seen in bull markets.

21 hours ago

Stock market today: Asian shares mostly advance after Wall St comeback from worst loss since 2022

U.S. futures and oil prices rose. Early Friday, Tokyo's Nikkei 225 index gave up early gains to slip 0.5% to 37,667.41. Tokyo's core consumer price index rose 2.2% in July, rising for the third straight month to its highest level in...

21 hours ago

TSMC Joins Global Tech Rout as Trading Resumes After Typhoon

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. shares fell the most in three months upon trading resumption, joining a global tech rout as investors dramatically soured on the promises of artificial intelligence. Most Read from...

21 hours ago

Intel Taps Micron Leader To Strengthen AI Chip Strategy

Intel Corp (NASDAQ:INTC) tapped Dr. Naga Chandrasekaran of Micron Technology, Inc (NASDAQ:MU) as chief global operations officer, executive vice president and general manager of Intel Foundry Manufacturing and Supply Chain organization,...

21 hours ago

3 Growth Stocks Wall Street Analysts Think Are Overpriced

Many growth stocks have been flying high over the past year, thanks in large part to the growing excitement around artificial intelligence, crypto,...

22 hours ago