The energy sector has been struggling in recent months, with West Texas Intermediate futures falling 4.3% and Brent futures falling 3.7% on Tuesday. Both settled at their lowest levels since December 2021. Energy is currently the worst performing S&P sector in September, with various key players such as EQT, Coterra, APA, Halliburton, Occidental, ExxonMobil, and
Investing
The concept of seeking financial advice from social media influencers, also known as “finfluencers,” has gained traction in recent years. From turning to trusted investment advisors to consulting experts with years of experience, investors now also consider advice from individuals on platforms like Tiktok. These finfluencers have attracted a significant following, especially among young investors,
Apple recently unveiled its latest slate of iPhones, Apple Watches, and AirPods, but investors didn’t seem impressed with the event. The stock initially fell as the event kicked off, but staged a late-day rally to close in the green. This comes after shares hit an all-time high in mid-July, and they are almost 7% from
Forward Air, a transportation services provider, has been the target of activist involvement led by Ancora, seeking strategic changes within the company. This article provides an in-depth analysis of the company’s current situation, the activist efforts led by Ancora, and the potential implications for the company’s future. Forward Air operates as an asset-light provider of
Broadcom, the third largest component in the popular VanEck Semiconductor ETF (SMH), has been on the radar recently. The stock has seen an impressive 16% increase over the past three months. However, it is important to note that shares are still 17% below the June high. CNBC TV’s Seema Mody will cover Broadcom’s earnings report
Tiger 21, a network of ultra-high-net-worth investors and entrepreneurs, has recently released an asset allocation report that sheds light on their members’ investment strategies. Surprisingly, more than half of Tiger 21’s members have chosen not to invest in Nvidia, the chip darling of the tech industry. This decision highlights a cautious approach taken by these
The highlight of the newsletter focused on Nvidia’s significant drop in market value on Tuesday, losing $279 billion which is the fifth time the stock has lost more than $200 billion in market cap in a single day. The stock is now down 23.3% since June 20 and is down another 2% after hours. This
Investors are always on the lookout for the best opportunities to grow their portfolio, especially when it comes to dividend-paying stocks. With the Federal Reserve expected to cut interest rates in September, dividend-paying stocks are becoming more attractive due to their potential for outperformance. However, while these stocks offer the appeal of high dividend yields,
Marvell Technology has been garnering attention in the stock market due to its impressive performance. Despite being down 18% from the March high, the stock surged by about 8% after hours following a better-than-expected revenue report in the latest quarter. The forecast also exceeded expectations, indicating positive growth potential. Marvell’s presence as the 17th biggest
Warren Buffett, now 94 years old, has managed to lead Berkshire Hathaway to new heights, even at his advanced age, according to his friend and fellow investor Howard Marks. Marks attributes Buffett’s success to a well-thought-out strategy that has been consistently and diligently carried out over seven decades. However, simply having discipline and consistency is