By Lewis Krauskopf NEW YORK (Reuters) – The rally in U.S. stocks is wobbling as it confronts a stretch of potentially market-shaking events, starting next week with corporate results from tech titans and the closely watched employment report, while the U.S. election is also nearing. The benchmark S&P 500 is up about 22% on the year, but has edged back from record-high levels in recent days. Still, equities remain at elevated valuations, which could make stocks vulnerable should any of the near-term market events fall short of expectations. The S&P 500’s price-to-earnings ratio, based on earnings estimates for the next…
Author: user
Future State of the Investment Industry draws the most clicks 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). What follows are the most popular top five articles of 2023 that align with the Future of the Profession theme published on the RPC since its inception. Providing New Insights into…
The lithium sector represents companies involved in mining, processing, and developing lithium resources for various applications. Lithium is crucial for electric vehicle batteries and energy storage systems. Lithium stocks offer investment opportunities in companies throughout the supply chain. The sector has gained attention due to growing demand for electric vehicles and renewable energy solutions. Investing in lithium stocks can provide exposure to the clean energy transition. Many lithium companies benefit from government support and environmental initiatives. The increasing adoption of electric vehicles may drive long-term demand. However, lithium stocks face several challenges. The sector can be volatile, influenced by commodity…
The simplest way to invest in stocks is to buy exchange traded funds. But you can significantly boost your returns by picking above-average stocks. For example, the SBM Offshore N.V. (AMS:SBMO) share price is up 46% in the last 1 year, clearly besting the market return of around 22% (not including dividends). So that should have shareholders smiling. However, the stock hasn’t done so well in the longer term, with the stock only up 21% in three years.So let’s assess the underlying fundamentals over the last 1 year and see if they’ve moved in lock-step with shareholder returns. See our…
DoorDash (NASDAQ:) Inc. shares have surged to a 52-week high, reaching a price level of $154.18, as the company continues to capitalize on the sustained demand for food delivery services. This impressive milestone reflects a significant recovery, with the stock experiencing a remarkable 115.67% increase over the past year. Investors have shown increased confidence in DoorDash’s business model and growth strategy, which have been key drivers in the stock’s robust performance despite the competitive landscape of the gig economy and food delivery sector. In other recent news, DoorDash Inc. has been the subject of several positive assessments from financial firms.…
Despite being produced for nearly three decades (1959-1986), the Parisienne is not widely recognized as one of Pontiac’s classic icons. One reason for this could be its origin in Canada, with U.S. availability only beginning in 1983. Initially introduced in 1958 as a sub-series under the Laurentian, the Parisienne became a standalone model in 1959. Unlike their American counterparts, Canadian-built Pontiacs had a unique blend of styling, featuring Chevrolet engineering under their Pontiac exteriors. This approach allowed Pontiac of Canada to offer vehicles at a price just slightly above that of Chevrolet models. This pricing strategy positioned Pontiac as the…
Recently, I’ve been completely impressed by vintage Chevy trucks. This obsession began when I was browsing the Barrett-Jackson 2023 Scottsdale Fall Auction docket and spotted a striking blue 1972 Chevrolet C10 Stepside, complete with its original I6 engine and transmission. This particular first-generation C/K-series pickup has been revitalized with a frame-up restoration. During this process, the frame received a durable powder-coating, and various components, including the suspension and brakes, were upgraded. Now, the truck is outfitted with a Total Cost Involved suspension system and equipped with Wilwood power disc brakes for solid stopping power. The exterior was refinished in an…
This news is developing. Please check back here for updates. New York Community Bancorp posted a wider-than-expected loss in the third quarter on a drop in net interest income, continued costs related to its merger with Flagstar Bank and the sale of its mortgage warehouse business. During the three months ended Sept. 30, the company reported a net loss of $280 million, or 79 cents per share, compared with a profit of $207 million, or 81 cents a share, a year ago. Analysts polled by S&P had estimated the third-quarter loss would be $141 million. Net interest income fell 42%…
“Through the manufacturing and sale of GreenPower’s all-electric, purpose-built, zero-emission commercial trucks, passenger vehicles and school buses, we have generated hundreds of tradable credits and will continue to generate significant numbers of tradable credits” said GreenPower CEO Fraser Atkinson. “We are in discussions with a number of traditional OEM manufacturers and have also engaged veteran brokerage firm, Kardos & Associates LLC, to assist us in selling our credits, which if a sale is completed, based on Tesla’s success in trading credits, could generate significant potential revenue for GreenPower. Given the increasingly more stringent emissions standards being implemented by state and…
Australia’s Clean Energy Regulator said 10 methods under the country’s carbon credit schemed will expire on March 31… Source link