Another earning season is over. The winners? Most of our stocks. Twenty-three out of 33 portfolio names delivered third-quarter reports were deemed good or great by the Investing Club, thanks partly to a still-strong consumer and largely to the massive build out of all things AI. Case in point:...
Friday, December 27, was supposed to be the start of a relaxing holiday weekend. But it was chaos for thousands of small business owners who use Bench, an accounting and tax startup based in Canada that raised $113 million from investors like Bain Capital Ventures and Shopify. That morning, they found...
Check out the companies making headlines in midday trading. Rivian Automotive – Shares popped 19% after the electric vehicle maker's vehicle production and deliveries for 2024 met the company's previously announced guidance. This comes after the company had lowered its production target for the full year in October. U.S....
Rivian electric vehicles (EV) are parked at the Rivian Venice Hub on November 13, 2024 in Venice, California. Mario Tama | Getty ImagesRivian Automotive's 2024 vehicle production and deliveries were in line with the company's previously announced expectations.The electric vehicle maker on Friday said it produced 49,476 vehicles last year,...
Employees works on the production floor of the SUSTAINera Circular Economy Hub at Stellantis NV's Mirafiori complex in Turin, Italy, on Thursday, Nov. 23, 2023. Bloomberg | Bloomberg | Getty ImagesVehicle production by car maker Stellantis in Italy fell by 37% last year, hit in particular by a steep plunge in...
Check out the companies making headlines before the bell. U.S. Steel — U.S. Steel shares slid nearly 8% after President Joe Biden blocked Japanese company Nippon Steel's $14.9 billion takeover of U.S. Steel, saying : "U.S. Steel will remain a proud American company." Biden said the domestic steel industry is a...
Warren Buffett's Berkshire Hathaway outperformed the S & P 500 in 2024 and pulled off its best year since 2021. Class A shares of the Omaha-based conglomerate rallied 25.5% last year, beating the S & P 500's 23.3% return. Berkshire shares topped $700,000 during the year and posted their...
Check out the companies making headlines in midday trading: Tesla — The electric vehicle maker slipped 5% after reporting its first ever annual vehicle deliveries decline . Tesla delivered 1.79 million vehicles in 2024, a drop from 1.81 million in 2023. Constellation Energy — Shares jumped 7% after the...
Tesla posted its fourth-quarter vehicle production and deliveries report on Thursday. Here are the key numbers:Total deliveries Q4 2024: 495,570Total production Q4 2024: 459,445Total annual deliveries 2024: 1,789,226Total annual production 2024: 1,773,443Results for the quarter represented the first annual drop in delivery numbers for Tesla, which reported 1.81 million deliveries in...
Check out the companies making headlines in premarket trading. Synaptics — The semiconductor company climbed 5.9% after announcing a partnership with Google on Edge AI. Through the collaboration, Google's machine learning core will be integrated on Synaptics' Astra hardware. Nvidia — Shares of the chip maker popped 1.7%, marking...
Friday, December 27, was supposed...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
General view of the UBS building in Manhattan on June 5, 2023 in New York City.Eduardo Munoz Alvarez | View Press | Corbis News | Getty ImagesUBS shares reached their highest point since late 2008 during early trade in Zurich on Thursday, after the Swiss banking giant posted a...
By Chirag Shah, founder and CEO of Nucleus Commercial Finance. The last 20 years have transformed the face of banking and lending. Previously, the traditional high street bank was where customers did everything from withdrawing and paying in money to applying for a loan or mortgage. You can now do...
Most independent advisors, especially those early in their careers, are looking for ways to grow their book of business and increase assets under management. Unfortunately, fewer than half (46%) of advisors agree that they have enough time to grow their business proactively, and some (5%) are not very confident...
Financial advisors frequently turn to technological tools to boost efficiency and drive growth—and with good reason. Nearly two-thirds (63%) of advisors say their firm’s technology saves them time, according to the Advisor Time Use Study recently conducted by InvestmentNews Research and sponsored by Commonwealth Financial Network. Technology can streamline...
Of all the tasks financial advisors would like to spend less time on, administrative duties and executive leadership duties top the list. Currently, administration and executive leadership take up 17% of advisors’ time, according to the Advisor Time Use Study recently conducted by InvestmentNews Research and sponsored by Commonwealth...
How do you want to spend your day? These three must-read articles will showcase practical tips for changing how you spend your time and help advisors address three important aspects of their business so they can focus on what matters. Finding Time to Grow It’s safe to say that most advisors...
Sheryl Hickerson believes so strongly in the power of networking that she decided to build her own community of women in financial services. Hickerson serves as CEO of Females and Finance, but she stumbled upon her career in financial services quite by accident. “Believe it or not, I faxed my...
