Earnings season is giving analysts plenty to chew on as they learn more about the impact of macro challenges on companies. Though Wall Street is watching short-term stock moves spurred by quarterly results, the top analysts have their eyes on companies’ long-term prospects. Bearing that in mind, here are three stocks favored by the Street’s top pros, according to TipRanks, a platform that ranks analysts based on their past performance. Netflix Netflix (NFLX) is this week’s first pick. The streaming giant reported better-than-expected results for the first quarter of 2024. However, investors were disappointed with the company’s decision to stop…
Author: insighter
Martin-dm | E+ | Getty ImagesMillions of Americans are scrambling to file returns as the federal tax deadline approaches. But U.S. expatriates have extra filing rules — and the burden is making some expats question their American citizenship.Nearly one-third of U.S. expats have plans to renounce their American citizenship or are “seriously considering it,” according to a new survey from Greenback Expat Tax Services.Over the past year, there was a “big jump” in that number, noted Mike Wallace, CEO at Greenback Expat Tax Services. From 2023 to 2024, the percentage rose from 20% to 30%. The latest figure is based…
A bill that would ban TikTok in the U.S.—unless its Chinese owner sells most of it—was passed by the Senate and signed into law by President Biden on Wednesday. Soon after Biden signed the bill, TikTok CEO Shou Zi Chew posted a video urging viewers to “rest assured, we aren’t going anywhere,” adding he is confident TikTok would win in a court challenge. ByteDance said Thursday on Toutiao, a Chinese social-media service it owns, that it “has no plans to sell TikTok.” The new law comes after years of attempts to ban the hugely popular short-video platform, including by former…
“Customer preference has changed. They have my whole 36 years here at Southwest Airlines.”
The major U.S. stock indexes closed higher for the week, with the S & P 500 and Nasdaq Composite breaking multiweek losing streaks. Earnings drove the action, despite some less-than-ideal macroeconomic reports on economic growth and inflation. Meta Platforms ‘ report gave the market a bit of a scare Wednesday night, contributing to Thursday’s declines alongside a weaker-than-expected first-quarter GDP estimate . The action quickly and sharply reversed back to the upside Friday after blowout earnings reports from Alphabet and Microsoft . The importance of these reports cannot be overstated. They matter not only because the companies’ large market values…
Grand Prismatic Spring, Yellowstone National Park on Aug. 8, 2020. Darwin Fan | Moment | Getty Images Visitors to national parks will get free admission on April 20 as the federal government waives entrance fees to commemorate the start of National Park Week. National Park Week runs for nine days, from April 20 to April 28. The National Park Service oversees 429 park sites in the U.S. Of them, 63 are national parks. The remainder are national monuments, national battlefields and national historic sites, for example. More from Personal Finance:4 big ways to save on your next tripDon’t let this…
When President Joe Biden signed a $95 billion foreign aid bill into law on April 24, it started the clock on a nine-month window for TikTok’s China-based parent company, ByteDance, to sell the app. The president can extend the deadline by three months, and TikTok has indicated that it plans to challenge the law in court. If the law stands and the company fails to sell the app, TikTok will be blocked from any U.S. app store or web-hosting service. This would affect TikTok’s more than 170 million U.S. users, including 62% of Americans ages 18 to 29. It would…
Jerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long the Federal Reserve is willing to wait before cutting interest rates. The last time the US central bank chair spoke, he signaled that policymakers were likely to keep borrowing costs high for longer than previously anticipated, pointing to the lack of further progress on bringing inflation down, and to enduring strength in the labor market. The latest price data, which showed stubborn underlying inflation, in tandem with expectations for a robust employment report on Friday, aren’t likely to lead the Fed chief to…
The rules around claiming Social Security benefits are full of caveats and nuances. Among them is a valuable quirk for certain divorced spouses: In many cases, the monthly Social Security benefit you can claim based on a former spouse’s work history essentially doubles when they die. “Your ex is worth twice as much dead than alive,” said Mary Beth Franklin, a certified financial planner and Social Security expert. She spoke at Financial Advisor Magazine’s recent Invest in Women conference in West Palm Beach, Florida. The same concept can also apply for married couples. The calculus assumes the first spouse to…
Although Americans’ average credit scores recently dropped for the first time in a decade, many appear to be maintaining a relatively healthy score. The average credit score dipped by one point, from 718 to 717, according to FICO’s March 6 blog post. Your FICO and VantageScore credit score can fall anywhere between 300 and 850, and a 717 score is considered to be “very good,” according to the VantageScore model. Here are VantageScore’s rankings and ranges: Very Poor: 300 to 499 Poor: 500 to 600 Good: 601 to 660 Very Good: 661 to 780 Exceptional: 781 to 850 When you…
There’s no one path to business success, but you can take this important step to mitigate cyber risk and unleash the power of innovation, partnerships, and customer relationships: rethink network security.
If you’ve never been one to sleep in socks, you might want to give it a try. Sleeping in socks helps to regulate your body temperature, which can lead to falling asleep faster, waking up less, and sleeping in later, according to research. A study published in the Journal of Physiological Anthropology, found that men who wore socks fell asleep about seven minutes faster, slept 32 minutes longer, and woke up about seven times less often than those who didn’t wear socks. Though it may seem counterintuitive, sleeping in socks helps keep your core temperature—the temperature inside your body, not…