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This year has been inescapably awful for investors, as this chart on first-half performance shows. So in an environment where every short-term move seems to be a bad one, it might be worth getting a longer-term perspective. Monish Pabrai, the founder of both the Pabrai Investment Funds and the Dhando Funds and an author on … Read More “Here’s what one investor says he’s learned from Warren Buffett and Charlie Munger — and the mistakes he’s made” »
Text size Google’s advertising should hold up relatively better than others, according to the analysts. Angela Weiss /AFP via Getty Images As consumer spending slows, fuel costs rise, and chances of recession remain high, J.P. Morgan tech analysts moved to lower their financial expectations for all companies in their coverage on Wednesday. Six analysts including … Read More “Google, Snapchat and 24 Other Tech Companies Get Lower Estimates by J.P. Morgan” »
Lewis Altfest’s time in the finance industry spans seven decades. He has some words of advice for investors who aren’t used to stomach-churning stock-price moves. Altfest founded Altfest Personal Wealth Management in 1983 after working as a general partner and director of research Lord Abbett & Co. Before that, he was an analyst for several … Read More “This veteran money manager has seen it all. And these 19 dividend stocks pass his rigorous quality screen right now.” »
Text size Internet conglomerate Prosus and its parent Naspers pared its stake in Tencent, and sold shares of JD.com. Gilles Sabrie/Bloomberg When a big shareholder starts selling, it’s usually a flag. Internet conglomerate Prosus and its parent company Naspers ‘ decision Monday to pare its stake in Chinese internet company Tencent Holdings , and its earlier … Read More “A Tencent Investor Cut Its Stake. That’s Not Bad for China’s Internet Recovery.” »
Text size Tencent shares have fallen by more than 15% this year. AFP via Getty Images Tencent fell on Monday after its biggest shareholder said it would sell stock in the Chinese internet giant to fund a share repurchase program. Amsterdam-listed Prosus , (PRX: Amsterdam), a subsidiary of South Africa’s Naspers (NPSNY), said that it … Read More “Tencent Stock Falls After Top Shareholder Announced Stake Sale” »
Text size Meta’s new logo. Justin Sullivan/Getty Images FTSE Russell will rebalance its widely followed U.S. indexes after Friday’s close, and major changes are afoot following a volatile few months in the stock market. There is some $11 trillion benchmarked to Russell’s U.S. indexes, so their composition certainly matters. Perhaps most notable will be the … Read More “Russell Rebalancing: Meta, Zoom, and Netflix Will Soon Count as Value Stocks” »
By now even the most ardent tech and growth-stock enthusiasts realize the bull market is over. John Kornitzer’s approach to selecting high-quality stocks for the Buffalo Flexible Income Fund is one that has worked well during the bear market. High inflation, uncertainty in so many industries amid supply-chain issues and labor shortages, the Federal Reserve’s … Read More “This dividend fund is down 3% vs. S&P’s 20% drop. Here are its top stock picks” »
Text size The homepage of Nextdoor, the neighborhood app. Cindy Ord/Getty Images for Nextdoor It’s been a tough year for newly public Internet stocks, but three have seen significant insider and institutional stock purchases. Shares of Nerdy (ticker: NRDY), a platform for online learning, social-networking firm Nextdoor Holdings ( KIND ), and media company BuzzFeed … Read More “SPAC Stocks Nerdy, Nextdoor and BuzzFeed Have Tumbled. Buyers Lined Up.” »
Text size Amazon stock has declined 35% so far in 2022. Ina Fassbender/AFP via Getty Images Amazon has set the date for Prime Day – a big test on whether shoppers will shrug-off the cost of living squeeze and spend amid four-decade high inflation. The world’s largest online retailer said Thursday that its annual two-day … Read More “Amazon Prime Day Is Coming. It Could Be the Catalyst the Stock Needs.” »
Text size Uncredited It will be a quiet week on the earnings calendar between earnings seasons. The most important event of the week for investors will be the conclusion of the Federal Reserve’s interest rate-setting committee’s June meeting on Wednesday. The Federal Open Market Committee will issue a monetary policy decision after its two-day meeting ends … Read More “Federal Reserve Meeting, Oracle and Adobe Earnings, May Inflation Data, and More to Watch This Week” »
