Sweater weather is officially here, and as frosty temperatures greet us in the mornings these days, many investors are looking to cozy up to some stocks that are hiding in the bargain bin. With the S&P 500 soaring more than 22% this year, it may seem difficult finding quality stocks that have underperformed in 2024 yet deserve prominent places on investors’ buy lists. But that’s exactly what Occidental Petroleum (NYSE: OXY) and Whirlpool (NYSE: WHR) stocks, which have dropped 12% and 13%, respectively, represent. Let’s see why two Fool.com contributors think that better days lie ahead for these two beaten-down…
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A Lyft drivers lounge in San Francisco, California, US, on Tuesday, May 2, 2023.David Paul Morris | Bloomberg | Getty ImagesLyft agreed to pay a $2.1 million civil fine to settle U.S. Federal Trade Commission charges it misled prospective drivers about how much money they might earn working for the ride-hailing company.A proposed settlement was filed on Friday in San Francisco federal court, and requires a judge’s approval.The case stemmed from advertisements that Lyft placed in 2021 and 2022 to address a driver shortage it referred to internally as a “supply crunch,” as growing access to Covid-19 vaccines boosted demand for its…
Handbook of Artificial Intelligence and Big Data Applications in Investments, edited by Larry Cao, CFA, is the big winner in 2023. The CFA Institute Research and Policy Center (RPC) focuses on four forward-looking research themes to drive content engagement, action, and outcomes. These themes are Capital Markets (Strengthening the Structural Resiliency of Capital Markets); Technology (Understanding the Latest Developments in Data Analytics, Technology, and Automation); Industry Future (Providing New Insights into the Future of the Profession); and Sustainability (Advancing the Industry’s Thinking on Sustainability Challenges). The most popular top three articles of 2023 from Understanding the Latest Developments in Data Analytics, Technology, and Automation are presented…
If you are looking at oil and natural gas stocks, there is one thing you should go in expecting — and that’s volatility. Oil prices are known to swing dramatically and, often, quickly. Any investor putting money to work, whether it be $100, $1,000, or $100,000, has to be prepared for periods of weakness because they will, eventually, arrive. Which is why buying an industry leader like Chevron (NYSE: CVX) is probably the best choice for most investors. Here’s what you need to know. There are companies that drill for oil and natural gas, which make up the upstream segment…
India, with its vast agricultural landscape and diverse agroclimatic zones, is uniquely positioned to play a central role in the global carbon credit revolution. As nations worldwide race to mitigate the impact of climate change, carbon credits — tradable permits that represent reduced greenhouse gas emissions — are becoming increasingly valuable. India can not only contribute significantly to global decarbonization efforts but also tap into considerable financial opportunities by leveraging its agricultural potential. Agriculture’s role in carbon sequestration Agriculture contributes 18 per cent of India’s GDP and employs approximately 54 per cent of its population, making it the backbone of…
(Reuters) – China’s Alibaba said on Friday it had agreed to pay $433.5 million to settle a U.S. class-action lawsuit filed by investors alleging monopolistic practices by the e-commerce giant. Alibaba denied wrongdoing, saying it entered the settlement to avoid the cost and disruption of further litigation. The proposed settlement was filed in federal court in Manhattan and requires the approval of U.S. District Judge George Daniels. The lawsuit, filed in 2020, alleged that Alibaba claimed it did not violate anti-monopoly or unfair competition laws, despite requiring merchants to choose only one distribution platform. The settlement covers investors in Alibaba’s…
As the world intensifies its efforts to combat the climate crisis, carbon pricing has emerged as one of the most powerful tools to drive down emissions. By assigning a cost to carbon, governments and businesses are incentivised to cut emissions, fostering a shift toward cleaner, more sustainable energy systems. The European Union (EU) has long been a leader in this space, with its Emission Trading System (ETS) serving as the benchmark for other countries. India, poised at a critical juncture, has a unique opportunity to harness the potential of carbon pricing through its forthcoming Carbon Credit Trading Scheme (CCTS). Equipment…
Sebastien Bozon | AFP | Getty ImagesWith massive corporations including Alphabet, Meta, Apple, Microsoft and Amazon set to report earnings next week, CNBC’s Jim Cramer on Friday urged investors to keep a level head. He also said not to forget about the nonfarm payroll report next Friday, where a weak hiring result could urge the Federal Reserve to keep cutting rates.”Huge opportunity,” he said. “Just please remember, the first move’s been the wrong move almost half the time since this earnings season began. Wait to process the numbers and listen to the conference calls before you pull the trigger.”Monday starts…
Getty Images US stocks fell, ending a six-week win streak for S&P 500 and the Dow. Rising bond yields and resilient economic data contributed to the market’s pause. Investors will focus on upcoming tech earnings, with AI monetization trends in the spotlight. US stocks traded mostly lower on Friday, capping off a down week for the S&P 500 and Dow Jones Industrial Average. Both averages ended a six-week win streak on Friday, while a rally in mega-cap tech stocks helped fuel a seventh week of gains and a fresh record high for the Nasdaq. A big surge in bond yields…
The 2024 edition of the International Atomic Energy Agency’s (IAEA) Climate Change and Nuclear Power report has been released. It emphasizes the need to significantly boost investments in nuclear energy to meet global climate goals. The report, launched during the Clean Energy Ministerial (CEM) in Brazil, provides a detailed roadmap for expanding nuclear power and underscores its crucial role in helping countries achieve net-zero emissions by 2050. How Nuclear Power Could Transform Global Energy With climate change and energy security concerns intensifying, countries are increasingly looking toward nuclear power as a viable solution. The report highlights that, to reach net…