(Bloomberg) — Investors plagued by fear and shunning stocks are rediscovering a time-honored antidote: U.S. government bonds. That may seem surprising, given that the Treasury market has been battered by its worst losses on record this year. But with yields holding at the highest in years, the Federal Reserve on course to raise interest rates […]
Read More(Bloomberg) — President Joe Biden is considering forgiving at least $10,000 in student loans per borrower, a promise he made on the campaign trail, through executive action. Here are key data points: $1.75 trillion — the total amount of outstanding student-loan debt in U.S., according to the Federal Reserve. About 92% of that debt — […]
Read More(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc., which contended for years with high valuations stifling deal prospects, is back on its stock-buying game. The conglomerate made roughly $41 billion of net purchases in the first quarter, including a boost to its Chevron Corp. stake that vaulted the investment into Berkshire’s top four common stock holdings. […]
Read MoreTop environmental services company, provides a range of services designed to aggregate, process, and recycle industrial and commercial waste systems in the Gulf Coast and Central Midwest regions of the United States. The company operates through Black Oil, Refining and Marketing, and Recovery segments. VTNR $9.5100 -0.1600 % -1.6500 Vertex Energy Sector : Industrial Products […]
Read More(Bloomberg) — It wasn’t that long ago that investors were being pilloried for rushing into stocks while a pandemic was gutting the economy. Now, with earnings estimates booming and little in forecasts to suggest a recession is hence, they can’t bail out fast enough. Limitless optimism has been replaced in two short years by a […]
Read More(Bloomberg) — Elon Musk’s sale of more than $8.5 billion of Tesla Inc. shares has made the math behind his $44 billion deal to buy Twitter Inc. a bit more tricky. To acquire the social-media company, Musk has lined up $13 billion in bank financing, $12.5 billion in margin loans backed by Tesla shares and […]
Read MorePBF Energy Inc., together with its subsidiaries, engages in refining and supplying petroleum products. The company operates in two segments, Refining and Logistics. It produces gasoline, ultra-low-sulfur diesel, heating oil, diesel fuel, jet fuel, lubricants, petrochemicals, and much more. PBF $28.7400 -1.3400 % -4.4500 PBF Energy Inc Sector : Oils-Energy Industry : Oil – Refining […]
Read MoreClick the symbol for the chart and signal Rallybio Corporation (RLYB) Rallybio Corporation, a clinical-stage biotechnology company, engages in discovering, developing, manufacturing, and delivering therapies that enhance the lives of patients suffering from severe and rare diseases. POINT Biopharma Global Inc. (PNT) POINT Biopharma Global Inc., a radiopharmaceutical company, focuses on the development and commercialization […]
Read MoreTORM plc (TRMD) TORM plc, a product tanker company, engages in the transportation of refined oil products and crude oil worldwide. The company transports gasoline, jet fuel, and naphtha. As of March 23, 2022, it operated a fleet of approximately 85 vessels. Acacia Research Corporation (ACTG) Acacia Research Corporation, together with its subsidiaries, invests in […]
Read MoreBuy Price: $13.80 or better Sell Price: TradersPro Sell Signal Navigator Holdings Ltd. owns and operates a fleet of liquefied gas carriers worldwide. The company provides international and regional seaborne transportation services of liquefied petroleum gas, petrochemical gases, and ammonia for energy companies, industrial users, and commodity traders. The stocks founds in the One Hot Stock category […]
Read More(Bloomberg) — A drop below 4,000 index points for the S&P 500 will be a “tipping point,” which could potentially trigger a mass exodus from equities, according to Bank of America Corp. strategists. Investors have already started fleeing stocks, with outflows from equity funds over the past three weeks adding up to the worst since […]
Read MoreIn the first quarter of 2022, broad market commentary has shifted from the pandemic-driven questions and concerns that defined most of 2020 and all of 2021. The after-effects of monetary and stimulus policies that pumped money into the economy during the worst of the pandemic began to show clear signs of cost inflation, not only […]
Read More(Bloomberg) — Federal Reserve Chair Jerome Powell is likely to slow the pace of interest-rate increases after front-loading policy with half-point hikes next week and in June, economists surveyed by Bloomberg say. They expect the Federal Open Market Committee to raise its benchmark rate by 50 basis points at the May 3-4 meeting and do […]
Read More(Bloomberg) — Elon Musk sold about $4 billion worth of Tesla Inc. shares after announcing a blockbuster $44 billion deal to buy Twitter Inc. Tesla’s chief executive officer offloaded about 4.4 million shares on April 26 and April 27, filings showed late Thursday. Wall Street analysts and investors in the electric carmaker suspected that Musk […]
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