Text size Ina Fassbender / AFP via Getty Images Shares of Amazon.com were trading strongly higher on Monday in a pair of bullish analyst notes as Wall Street raises expectations ahead of the company’s earnings report to be released on July 30. The company is an obvious beneficiary of both …
Read More »Big 3 Index providers have a tremendous amount of power, even over Tesla
If Tesla is added to the S&P 500 stock index this year, it will be a great victory for the electric vehicle maker and its shareholders. This is because money managers who manage funds that track the index or compare its performance against it will have to buy Tesla shares. …
Read More »The hidden risk in your S&P 500 index fund
How much of your retirement savings are you currently gambling with the fortune of just six companies? If you have them on an S&P 500 SPX, -0.14% Stock index fund, the answer is: about a quarter. That’s what the so-called “FANMAG” —Facebook FB, -0.70%, Apple AAPL, -0.46%, Netflix NFLX, -7.44%, …
Read More »European actions lose ground amid tensions between the United States and China
The headquarters of the European Central Bank in Frankfurt am Main, Germany, on March 12, 2020. daniel roland / Agence France-Presse / Getty Images European stocks fell on Thursday as the world’s two largest economies continue to collide, and before the latest decision by the European Central Bank. 5% more …
Read More »Here is the good and bad news about China’s GDP data
This photo taken on July 12, 2020 shows residents standing in front of a flooded pavilion on the Yangtze River in Wuhan in China’s central Hubei province. – Various parts of China have been hit by continuous downpours since June, with the damage adding pressure to a home economy already …
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