To save Social Security, they may come for your 401(k) – MarketWatch
It’s a good idea to increase your 401(k) and IRA contributions to the absolute maximum while you still can. That means the full amount is $30,000 this year, or even more if you’re 50 or older. In 2024, the maximum 401(k) is $23,000 and the maximum IRA is $7,000, with additional contributions available for savers […]
Nvidia’s stock heads for worst day since 2022, biggest market-cap loss ever – MarketWatch
Nvidia Corp. is set to report another strong financial result on Wednesday, with Wall Street beginning to expect more results from the chip giant. Perhaps that’s the reason for Nvidia’s stock price NVDA We were sliding into the worst day for the report in over a year. The stock fell 6.2% in Tuesday afternoon trading, […]
These are the two biggest retirement expenses. Start planning for them now. – MarketWatch
Do we really know how much money we need to retire? When will we spend that money? How should I invest? Retirement needs and spending often tend to become a big black hole. Pre-retirees get so caught up in the details of investing that they forget to manage the spending side of the equation. Every […]
Want your stock picks to beat index funds? Look at companies with one key metric. – MarketWatch
Long-term investors have benefited from index funds, but index funds often have very low fees and can be hard to beat for active portfolio managers. However, some investors prefer to select individual stocks as part of their portfolio. They can be very difficult to pick, but looking at quality financial performance over time can be […]
Think the S&P 500 is top-heavy? Five stocks command 60% of this market. – MarketWatch
The New Zealand stock market has something to teach U.S. investors about the risks and rewards of a top-heavy market. That’s because New Zealand’s market is dominated by a handful of large companies. In fact, it is one of the top stock markets in the world. think MSCI New Zealand IMI 25/50 IndexThe tool’s creators […]
Pinterest's stock takes a hit after revenue miss – MarketWatch
Pinterest shares initially plunged 23%, but rebounded sharply in after-hours trading Thursday after reporting lost revenue and offering sketchy guidance, rising slightly. pins on pinterest, -0.27% report Net income for the fiscal fourth quarter was $201.2 million, or 29 cents per share, compared with net income of $17.5 million, or 3 cents per share, in […]
New York Community Bank says deposits have grown and liquidity is ‘ample,’ in wake credit rating downgrade – MarketWatch
Published: February 7, 2024 at 6:37am ET New York Community Bancorp Corp. NYCB sought to reassure investors Wednesday, saying its total deposits have increased over the past few weeks and that liquidity is “adequate.” The comments came after Moody’s Investors Service downgraded the bank’s credit rating to speculative grade, or “junk,” citing financial, risk management […]
Snap's stock plummets 30% on revenue miss, weak guidance – MarketWatch
Snap Inc. stock plunged more than 30% in after-hours trading on Tuesday after the social media company reported lost revenue and provided weak guidance, a day after announcing yet another deep layoff. The results come a week after Facebook parent company Meta Platforms Inc.’s META. -1.02% and GOOGL, Google’s parent company. +0.29% Google, +0.33% Alphabet […]
U.S. economy perks up early in the new year, ISM finds – MarketWatch
Last updated: February 5, 2024 at 10:38 a.m. ET First Published: February 5, 2024 10:01 AM ET The numbers: A measure of business conditions for service-oriented companies rose to a four-month high in January on a surge of renewed optimism about the U.S. economy. According to a survey by the Supply Management Association, the percentage […]
Stock investors fear 'no-landing' economy could spell trouble. What's next?. – MarketWatch
U.S. stock markets are pricing in a “soft landing” scenario for the economy, despite strong January jobs numbers, relatively strong corporate earnings, and the Fed’s Jerome Powell over the past week. This comment may indicate the possibility of a “non-landing”. ”, if the economy is resilient while inflation remains on target. Richard Flax, chief investment […]