Tesla shares went into premarital trading on Wednesday after Elon Musk’s electric car maker announced a 5-for-1 action split. The company plans to give investors five shares of stock for each share it owns on August 28th. In an effort “to make shareholders more accessible to employees and investors,” it …
Read More »Stock market today: Dow, S&P Live updates for August 10, 2020
US equity futures edged higher with European equities as President Donald Trump’s executive actions to boost economic aid boosted investor enthusiasm. Risk takers are climbing even after China said it would sanction US officials against revenge against Hong Kong. Bank shares rally in Europe and oil advanced after Saudi Aramco …
Read More »How to create a simple, balanced ETF portfolio in 3 steps
Understand harmony and balance. Balance stones against the sea. Rocks in the form of scales getty Customizing a portfolio today is different, but not difficult This is the point of the investment market cycle where fortunes are made and lost. And sometimes, both by the same person, one directly to …
Read More »Hot rookies and not-so-hot pot companies are jumping on the slow income parade
Corporate profits have so far surpassed low expectations so far this winning season, but there are still a lot of wild cards left in the deck. Consensus S&P 500 SPX, + 0.06% income taxes rose only 3% for the third quarter and are not budgeted at all in the fourth …
Read More »Warren Buffett’s Berkshire Hathaway grew earnings by 86% last quarter as its equity portfolio increased in value
Mario Anzuoni / Reuters Berkshire Hathaway’s Warren Buffett saw an 11% drop in revenue in the second quarter, but nearly $ 30 billion in year-on-year investment gains meant its net income grew 86% to $ 26.3 billion. The investor’s famous conglomerate reported $ 13 billion in net sales last year, …
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