Ben Rains explores surging Zacks Ranks #1 (Strong Buy) stocks Target (TGT) and Intuit (INTU) to see why investors might want to consider them as long-term holds even as they trade at new records. (0:30) – Stock Market Update: Everything You Need To Know (2:20) – Does Target’s Strong Performance Signal A Buy? (9:00) –
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Serena Williams of The United States reacts as she winces in pain in her Ladies’ Singles First Round match against Aliaksandra Sasnovich of Belarus during Day Two of The Championships – Wimbledon 2021 Jed Leicester | Getty Images Sport | Getty Images Serena Williams’ bid for a record-equaling 24th Grand Slam singles crown ended in
Workers at grocery delivery company Dingdong pack up vegetables for orders the company claims customers can receive in about 30 minutes. Dingdong BEIJING — Chinese grocery delivery company Dingdong closed 2 cents higher in its U.S. IPO Tuesday, following a 70% cut in the offering size. The lackluster performance comes amid a surge in Chinese
The Old Village of Lawers is up for sale for offers over £125,000 ($172,859). The Old Village of Lawers photography The remains of a village in Scotland, which is supposedly haunted, has gone up for sale for offers over £125,000 ($172,859). The ruins of the Old Village of Lawers sits on the shore of Loch
In this article ZM 6694.T-JP Charlie Munger, vice chairman of Berkshire Hathaway, revealed he is fond of Zoom, saying the videoconferencing software will keep thriving even as life goes back to normal after the pandemic. “I have fallen in love with Zoom,” Munger said during an interview with Becky Quick on CNBC’s special “Buffett & Munger:
Jason York | Getty Images State lawmakers around the country are increasingly tackling the retirement-savings gap head on. Maine has become the latest jurisdiction to enact a law to require most employers that don’t offer a retirement plan to automatically enroll their workers in an individual retirement account through a state-administered program. The New York
Last week, an analysis by Reuters suggested that U.S. firms pay less income tax than foreign competitors, in part because “the U.S. tax code is unusually generous with tax breaks and deductions,” also known as corporate tax expenditures. However, the Reuters analysis is at odds with other data and studies indicating that U.S. corporate tax
A home for sale on Wednesday, June 9, 2021 in Susanville, CA. Gary Coronado | Los Angeles Times | Getty Images Home prices in April saw an annual gain of 14.6% in April, up from a 13.3% increase in March, according to the S&P CoreLogic Case-Shiller National Home Price Index. Among larger cities covered by
A Fox News channel sign is seen on a television vehicle outside the News Corporation building in New York City, in New York. Shannon Stapleton | Reuters Fox News agreed to pay a record $1 million to settle an investigation by the New York City Commission on Human Rights into what a panel called a
In this article A trader works on the New York Stock Exchange on March 3, 2020. Michael Nagle | Xinhua via Getty U.S. stock futures were little changed on Tuesday night as the market gets set to close out a winning first half of 2021 and second quarter. Futures on the Dow Jones Industrial Average
Cathie Wood’s Ark Invest filed with the Securities and Exchange Commission on Monday to create a bitcoin exchange-traded fund. Wood — a longtime bitcoin bull — has been buying up proxies for the digital asset in names such as Coinbase and Grayscale Bitcoin Trust. Now, the innovation investor is seeking to own the actual asset
In this article 9988-HK 9888-HK FISV Leon Cooperman on CNBC’s “Halftime Report.” Scott Mlyn | CNBC Billionaire investor Leon Cooperman said Tuesday that stock picking is key to superior returns going forward as the overall market has grown stagnant after a historic rebound from the pandemic hit. “In terms of my long-term outlook, to be honest
Jose Luis Pelaez | Getty Images Investors who want to capitalize on emerging trends — i.e., electric vehicles or remote work — may want to check out “thematic” exchange-traded funds. These ETFs provide a way for investors to engage in so-called thematic investing, which generally means buying stocks or other investments that may benefit from
The Wisconsin Assembly and Senate this week are considering several tax reforms as part of the budget for the fiscal year (FY) 2022-23 biennium, which begins Thursday (July 1). Several were precipitated by the Wisconsin Legislative Fiscal Bureau’s (LFB) announcement earlier this month that the state is projected to end the current fiscal year, as
Institutional investors rushing in to buy properties is not a main reason for the ultra-hot U.S. housing market, Coldwell Banker CEO Ryan Gorman told CNBC on Tuesday. In an interview on “The Exchange,” the real estate executive acknowledged the potential for institutional buyers to add further pressure on prices, as they look for potential hedges against inflation,
Learn more about the Bull and Bear of the day go to https://www.zacks.com/bull
Washington Redskins owner Daniel Snyder’s wife Tanya (L) on field before game vs New England Patriots at FedEx Field. Simon Bruty | Sports Illustrated | Getty Images The Washington Football Team announced Tuesday it named Tanya Snyder as co-chief executive officer. She joins her husband, Dan Snyder, as lead decision-maker of the National Football League
Take a look at some of the biggest movers in the premarket: Big banks – Goldman Sachs (GS), Bank of America (BAC), Morgan Stanley (MS), JPMorgan Chase (JPM) and Wells Fargo (WFC) all announced dividend increases after passing the Fed’s latest stress tests. Morgan Stanley and Wells Fargo both doubled their dividends, while Citigroup (C)
Mary Erdoes Adam Galica | CNBC JPMorgan Chase wants to take the sustainable-investing trend to the next level. To do that, the biggest U.S. bank by assets has agreed to buy OpenInvest, a San Francisco-based start-up backed by Andreessen Horowitz and founded by former Bridgewater Associates employees, CNBC has learned exclusively. It’s the third acquisition
In this article GBTC OBTC Chris Ratcliffe/Bloomberg via Getty Images As the Securities and Exchange Commission punts decisions on approving bitcoin exchange-traded funds, companies have created other options to meet the growing demand for cryptocurrency. One alternative, bitcoin trusts, holds the digital currency, making it easier for investors to add cryptocurrency to their portfolios. “You’re