The 50-for-1 stock split of Chipotle Mexican Grill (CMG) is scheduled to go live tomorrow (Tuesday, 6/25) after the market closes. As one of the largest stock splits in the history of the NYSE, all eyes are on the stock as the clock ticks down. Those who are new to the concept of stock [...]
Monday: Tech Gains Propel Markets Higher Wall Street kicked off the week on a positive note, largely driven by strong performances in the technology sector. The Dow Jones Industrial Average climbed 0.5%, the S&P 500 rose by 0.8%, and the tech-heavy Nasdaq Composite led the pack with a 1.0% increase. The bullish sentiment in [...]
Written by: Angela Akers As they have done for the last year, the Federal Reserve moved last week to leave interest rates unchanged at the elevated rate of 5.25% – 5.50% and signaled only one cut this year. That same morning, the May Consumer Price Index was released, coming in at a lower-than-expected increase [...]
Investing in monthly dividend stocks is a great way to earn consistent income to cover ongoing expenses. Or, you could be trying to invest for early retirement hoping to harness the compounding returns dividend stocks have to offer. Whatever the case, you’ve come to the right place. We’re going to unveil the top 10 monthly [...]
Dividend stocks are one of the top stock investment strategies as they can provide supplemental income for present-day expenses OR be used to build towards long-term wealth goals through a reinvestment strategy. No matter your goals with investing in dividend stocks, you’re typically going to enjoy much less volatility. We consider blue chip stocks with [...]
Sarepta Therapeutics (SRPT) announced late Thursday it had gained FDA approval for its treatment designed to target a rare genetic disease known as Duchenne muscular dystrophy (DMD). This condition causes progressive weakness, predominantly in boys, and is caused by a lack of key protein dystrophin. It has no known cure at this time. The [...]
Accenture (ACN) delivered fiscal Q3 results Thursday morning right before the market opened, and despite a miss on the top and bottom lines, the company’s forecast for the road ahead was enough to send shares nearly 7% higher. Revenue for the third quarter was disappointing at just $16.47 billion, narrowly below the $16.53 billion [...]
Just last month Dell Technologies (DELL) reported first-quarter earnings that fell short of Wall Street’s expectations, taking the stock down from its all-time high of $179/share. It fell more than 30% in just a few days, eroding market cap and scaring investors out of their positions. The issue was that despite AI growth fueling [...]
U.S. Retail sales figures were released this week and revealed yet another sign that consumer sentiment is cooling. While sales did grow, up 0.1% month-over-month in May 2024, it was still below forecasts of 0.2%. Importantly, the figure also follows April’s figures, which showed a decline in sales. Taken together, this would indicate that [...]
Dividend stocks are a great way to achieve long-term capital growth or short-term income depending on your goals, which is why learning how to build a dividend portfolio is one of the best stock investment strategies. But how many dividend stocks should I own? Why is diversification so important? What are some diversified dividend portfolio [...]
