ExxonMobil (NYSE: XOM) is a leader in paying dividends. The oil giant paid a whopping $14.9 billion in dividends in 2023. That was the third-highest total in the world. It will likely pay even more in dividends in 2024. Drilling down into Exxon’s massive dividend On the one hand, ExxonMobil’s total dividend outlay in 2023 … Read more
Advanced Micro Devices (AMD) on Tuesday introduced a new series of processors for commercial mobile and desktop AI PCs. AMD stock rose on the news. X The Santa Clara, Calif.-based company said its latest chips will provide businesses with the most advanced x86 processors for AI PCs. AMD’s new Ryzen Pro 8000 series and 8040 … Read more
If you have a lump sum of cash sitting in a checking or traditional savings account, you could be missing out on higher interest rates. Putting your money into a money market account or investing in a money market fund can be low-risk ways to get more from your money and hedge against inflation. However, … Read more
Dow Jones futures rose slightly after hours, along with S&P 500 futures and Nasdaq futures. Chip-equipment giant ASML (ASML) reports before Wednesday’s open. X The ailing stock market rally had a relatively quiet Tuesday. The major indexes closed narrowly mixed. Fed chief Jerome Powell said Tuesday afternoon that recent data shows “a lack of further … Read more
Three REITs With New Downgrades This Week It’s difficult for investors when analysts downgrade their stocks. But there are many reasons for an analyst downgrade. Sometimes a stock has risen to the point where the analyst feels it’s no longer a good value relative to its price. At other times, competition, a perceived downturn in … Read more
Stock market today: Dow snaps 6-day losing streak, Powell warns on inflation
The S&P 500 is headed for a devastating crash, markets guru David Brady said.peshkov/Getty Images Expect the S&P 500 to tumble 30%, recover, then suffer a historic crash, David Brady warned. He predicted the Federal Reserve would shore up the market before the election. The analyst said economic and geopolitical forces would cause a market … Read more
New residential construction, including single-family and multifamily homes, tumbled by the largest amount in four years as rising mortgage rates weaken housing activity. Housing starts fell 14.7% month over month in March, dropping from a 1.55 million units annualized pace to 1.32 million units annualized, according to data from the Census Bureau released Tuesday. Single-family … Read more
Trump Media & Technology Group (DJT) stock fell more than 10% on Tuesday after the company announced it’s launching a new live TV streaming platform. According to a press release, Trump Media — the parent company of Donald Trump’s social media platform Truth Social — will launch the live streaming service on phones, tablets, and … Read more
New residential construction, including single-family and multifamily homes, tumbled by the largest amount in four years as rising mortgage rates weaken housing activity. Housing starts fell 14.7% month-over-month in March, dropping from 1.55 million units annualized pace to 1.32 million units annualized, according to data from the Census Bureau released Tuesday. Single family starts fell … Read more