No matter what your main financial goal is — a house , early retirement or just getting out of debt — odds are you'd like to boost your income. As Suze Orman , financial expert and former CNBC host, told the audience at the 2017 eMerge Americas conference, "The biggest problem is when you do make it big and you don't know what to do with your money. Because then, what happens is some financial advisor is going to come by and give you a slick presentation , they're going to give you an elevator speech and a pitch, and you're going to take it.
In an effort to attract customers, American Express Co. AXP has launched a new credit card named, American Express Cash Magnet Card. Other benefits on the card include a complimentary ShopRunner membership and Amex Offers rewarding Card Members at places they like to shop, travel and dine. This effort by American Express reflects its strategy to lure new customers and retain the existing base in the persistently highly competitive credit card industry.
Investors in NXP Semiconductors N.V. NXPI need to pay close attention to the stock based on moves in the options market lately. What is Implied Volatility? Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other.
Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) stock is the Taj Mahal of company stocks, long known for its sky-high Class A share price and for its iconic -- and refreshingly unassuming -- chairman, president and CEO, Warren Buffett. The Omaha, Nebraska-based company operates in the financial services sector (particularly insurance) and also operates in the freight transportation, real estate brokerage, energy, utility and diversified manufacturing sectors. The company, founded in 1889, boasts 377,000 employees, and many staffers are likely wondering what a post-Buffett Berkshire Hathaway would look like.
Micron Technology Inc. MU is set to report third-quarter fiscal 2018 results on Jun 20. Notably, Micron has delivered positive earnings surprises for 10 straight quarters. As long as memory chip prices and demand continue to rise, Micron is likely to keep benefiting.
Michael Bell of JP Morgan Asset Management gives his take on the big market risks.
Big Pharma is struggling to keep up with the rest of the market this year as tepid revenue, growth, the expiration of key patents, and the likelihood of the government imposing tighter cost controls hold back its performance prospects. Earlier this month, while the broader S&P 500 was yielding just 2%, the dividend yield on the big drug companies in the index was nearly a full percentage point higher at 2.9%.
Following months of negotiations, the United States and China are again on the brink of an all-out trade war. The United States has targeted a flurry of Chinese goods, while China has vowed to respond with tariffs of its own, which could hurt U.S. businesses. The White House will impose a 25% tariff on $50 billion Chinese imports, which has increased the chances of a confrontation with China over trade.. The United States has decided to penalize China for stealing American technology and of course trade secrets.
Apple Inc. isn’t known for the unique video content offered by Netflix Inc., Walt Disney Co. and Amazon.com Inc., but it may have just taken the gloves off in a new fight.The iTunes and App Store operator’s partnership with “A+ Hollywood name” Oprah
Shares of Intel Corp. are down 4.5% in Monday morning trading after Northland Capital Markets analyst Gus Richard downgraded the stock to underperform from market perform. "Intel's process technology leadership is diminished if not evaporated." Richard sees enhanced competition from Advanced Micro Devices Inc. ahead. Intel shares are up 49% over the past 12 months.
Shares of the beleaguered industrial giant are down 9.6% in the last 30 days, despite getting a boost from investors on May 21 when the company announced an $11.1 billion deal between GE Transportation and Wabtec. The challenges in the Power segment could pose a severe risk to GE's credit rating.
Jun.18 -- Audi CEO Rupert Stadler was taken into custody in Munich as part of the diesel-cheating scandal impacting the automaker and parent company Volkswagen. Bloomberg's Elizabeth Behrmann reports on "Bloomberg Daybreak: Americas."
The Financial Industry Regulatory Authority Foundation estimate s nearly two-thirds of Americans c a n't pass a basic financial literacy test. Schools aren't instilling financial literacy along with ABCs and the three R's, but parents can educate kids about money.
Shares of Lam Research Corp. and Applied Materials Inc. are down in premarket trading, though Stifel analyst Patrick Ho reiterated his long-term optimism about the names following recent reports of memory shipment push-outs. "We believe these are attributable to Samsung, and primarily on the 3D NAND front," Ho wrote. "We remind investors that Samsung has been Lam's largest customer for many years now (going back to the early 2000s when the company began working aggressively with Samsung)." Ho remains upbeat in his long-term view of Lam, which he rates a buy, and the industry in general.
Think the 56% advance Alibaba Group Holding Ltd (NYSE:BABA) shares have dished out over the course of the past 12 months means BABA stock has no more room to run? Wells Fargo analyst Ken Sena doesn’t agree. It’s a largely overlooked facet of Alibaba, which is most often likened to Amazon.com, Inc. (NASDAQ:AMZN) because of its e-commerce presence.
High-flyer Boeing BA just hit an air pocket, closing out last week with its worst weekly losses since March, on worries over an escalating trade war with China. Newton Advisors technical analyst Mark Newton is urging caution on the Dow leader. Boeing's losses over the last week could mark the beginning of a short-term correction for the stock, says Newton.
Ford Motor Co.'s ( F) stock has gone in reverse in 2018, falling over 4% year to date and nearly 10% from its January high. The index is up nearly 3.5% in 2018 while rival General Motors Co. ( GM) has sped ahead by rising 7.2%. Hitting the company hard was the shutdown of its two plants that produce the Ford F-150 pickup truck, due to a fire at one of its suppliers.
Ford has developed a massive development plan for a new-mobility corridor stretching from Detroit through its revamped headquarters in Dearborn to the University of Michigan in Ann Arbor. CEO Jim Hackett is bringing his "design thinking" innovation and management approach to the task of remaking the 100-plus-year-old company. Ford has bought a huge, crumbling rail station near downtown Detroit and intends to combine it with a plan to revive the city's Corktown neighborhood to be a center of the carmaker's Smart Mobility efforts.

Although able to rally off the morning lows, U.S. equities were under pressure Friday on renewed concerns over a potential trade war with China. Early Monday, stock market futures are down across the board with the Dow Jones Industrial Average set to
Disney is downgraded to sell from hold by Pivotal Research Group. "Recent run-up fails to reflect that a higher price paid for Fox's Entertainment assets would reduce the value of Disney to its shareholders," analyst Brian Wieser says. Walt Disney Co. is boxed into a corner by Comcast CMCSA 's bid for the same 21st Century Fox FOXA assets it wants, according to Pivotal Research Group, which downgraded the shares to sell from hold on Monday.
If you’ve been an investor for a while, you’ve probably experienced times where your investment strategy didn’t seem to work like you thought it would. Maybe your strategy didn’t perform as well as the Dow Jones or S&P 500, or maybe you simply unperformed your neighbor’s portfolio. Here are five reasons why your investment strategy may not have performed like you thought it would: 1.
Intel Corporation (NASDAQ: INTC) was founded in 1968 by Robert Noyce and the father of Moore’s Law, Gordon Moore. Noyce and Moore left Fairchild Semiconductor to launch a new venture, NM Electronics. Several months later, they purchased the rights for the name Integrated Electronics Corporation from a company called Intelco.
Stock-market investors navigated, virtually unscathed, a gauntlet of central-bank gatherings, a historic summit between President Donald Trump and North Korean Kim Jong Un, and flaring trade tensions. The S&P 500 index(^GSPC)ended the week essentially flat, managing the narrowest of weekly gains, up 0.02% to 2,779.66, while the Dow Jones Industrial Average(^DJI)posted a weekly decline of 0.9%. The Nasdaq Composite Index(^IXIC)outperformed both, rising 1.3% for the five-day period.
Recently, General Electric Company GE showcased the accomplishments of the company’s industry-popular HA gas turbine and its associated services portfolio. General Electric’s breakthrough heavy-duty gas turbine — HA — was launched in 2016. Per the International Energy Agency, the global energy demand will likely be up 30% through 2040.
UBS raises its price target to $285 from $266 for Nvidia shares, citing the company's leadership in the artificial intelligence market. The firm predicts the "mass facial recognition and traffic monitoring" market will be an additional $5 billion sales opportunity for Nvidia by 2020. Nvidia NVDA shares will rise as the chipmaker benefits from governments using artificial intelligence technology to monitor its citizens, according to a Wall Street firm.