Investors have shifted from the safety of dividend stocks to high-growth names in 2023.Getty Images The safety-trade of 2022 has been largely reversed this year as investors pile into tech stocks. This can be seen in Dividend ETF flows, which have fallen off a cliff in 2023 from a record in 2022. Popular dividend ETFs …
US stocks enjoyed a surge on Friday, capping off a stellar November despite a warning from Federal Reserve Chair Jerome Powell that rate hikes may not be over. The S&P 500 rose 0.6% to a 2023 closing high, the Dow Jones Industrial Average increased 0.8%, and the tech-heavy Nasdaq Composite advanced 0.5%. Investors adjusted to …
US stocks surged on Friday afternoon, adding to a strong November despite a warning from Federal Reserve Chair Jerome Powell about potential interest rate hikes. The S&P 500 (^GSPC) climbed by around 0.6%, hitting a new closing high for 2023, while the Dow Jones Industrial Average (^DJI) rose nearly 0.8%, or almost 300 points. The …
Mark Cuban has announced that he will be leaving ABC’s “Shark Tank” after over a decade on the show. The 65-year-old billionaire entrepreneur and investor intends to step away following the conclusion of Season 16 in 2025, as revealed in an interview with The Hollywood Reporter. “I just want to have a couple summers with …
Investors Beware: Don’t Fall for the Hype Over AI Stocks The excitement around AI stocks in the market may be new, but the surge in high-flying tech names is nothing we haven’t seen before. In other words, buyer beware. Analysts warn that the meteoric rise of the “Magnificent Seven” signals troubling similarities to past market …
(Bloomberg) — Survey results from Bloomberg’s new Markets Live Pulse show that the recent selloff in green stocks is expected to continue into 2024, marking a fourth consecutive year of losses. Negative sentiment is predicted to impact a wider range of green asset classes, with Tesla Inc. at risk of losing its position among the …
Recreate this content while optimizing it for SEO, enhancing its creativity and uniqueness, improving syntax and tone, increasing perplexity and burstiness, and retaining the HTML tags Real estate investment trusts (REITs) have become more appealing to investors due to inflation, but the subsequent rate hikes have made many cautious. Higher interest rates have hindered company …
A Federal Reserve meeting, Apple earnings, and a monthly jobs report are all scheduled for this week. However, investor attention was captured on Monday by a different announcement from the US Treasury. On Wednesday, investors will receive a quarterly refunding update, revealing the amount of bond supply the US government plans to put into the …
In a surprising turn of events, the shell company that was set to merge with former President Trump’s media company has lost $467 million in funding. Digital World Acquisition Corp. announced this setback in a regulatory filing on Thursday. CEO Eric Swider confirmed that the remaining $533 million would be returned to investors, effectively …
Freedom Holding, a Kazakh financial firm traded on Nasdaq, is currently being investigated by federal prosecutors and the Securities and Exchange Commission (SEC) over compliance issues, insider stock trading, and ties to sanctioned individuals, according to CNBC sources and documents. The SEC’s Boston office has been investigating Freedom for several months, while the US Attorney’s …