Meta stuns Wall Street with its first dividend. Amazon and Alphabet may be next. – MarketWatch
Published: February 1, 2024 at 6:41 PM ET Meta Platforms Inc. surprised Wall Street on Thursday by paying its first-ever dividend. This is perhaps Silicon Valley’s most monumental dividend decision since Apple reinstated its dividend more than a decade ago, and could light a fire under other tech giants. Meta Inc.’s META will pay a […]
Why gold prices are likely to reach a record high this year – MarketWatch
Gold prices ended Thursday higher despite the Fed’s hawkish stance on monetary policy. Analysts were focused on a “confluence of factors” that could push gold prices to or above record highs. Adam Koos, president of Libertas Wealth Management Group, said the US central bank’s latest announcement sent a “ripple” through the gold market. Gold futures […]
Not just NYCB: Japanese bank issues warning on U.S. offices, cutting some Chicago loans by 63%. – MarketWatch
The Japanese bank has slashed the value of some of its U.S. office loans by more than 50% following a profit warning from New York Community Bancorp that was at least partly due to a deterioration in the office loan market. Aozora Bank Stock 8304, -21.49% The company fell 21%, making it the worst performer […]
Here’s where Walmart stock would rank in the Dow after 3-for-1 stock split – MarketWatch
Published: January 30, 2024 at 6:08 PM ET Walmart stock rose 1% in extended trading Tuesday after the retail giant announced a 3-for-1 stock split. The decision is part of Walmart’s WMT’s “continuous review of optimal trading and spread levels, and our desire to ensure that our employees feel that stock purchases are easily within […]
My wife and I plan to retire at different times. How do we find our 'magic' retirement number? – MarketWatch
Market Watch How much do you need in retirement? Free online programs show just what an individual will need at 'X' age. If my wife and I have different retirement ages within a few years of each other, how can I find out how much we will need in retirement? look: I'm 72 years old, […]
Why Nvidia, Microsoft and the 'Magnificent Seven' stocks are back on top in 2024 – MarketWatch
Mega-cap technology stocks are once again taking control of the U.S. stock market as the S&P 500 index continues to hit record highs, defying Wall Street's hopes for a broader rally. Since the beginning of 2024, the market capitalization of the so-called Magnificent Seven has increased by a combined $540.7 billion. In comparison, the total […]
Bank of America 'letter of education' puts teeth into return-to-office mandate – MarketWatch
Bank of America has issued an “education letter” message threatening disciplinary action against employees who choose to work from home as it strengthens its return-to-office mandate. Bank of America and other major banks have not updated their return-to-office policies post-pandemic. Rapid increase in new coronavirus infections During the winter months, employees are required to stay […]
Stock-market investors face an ugly election season. Can bulls take comfort in history? – MarketWatch
Good news for investors worried about the highly controversial 2024 US presidential election. History shows that stock prices tend to rise in the year before election day. But Saira Malik, chief investment officer at Nuveen, which manages $1.2 trillion in assets, says there are problems. Meanwhile, based on data dating back to 1928, the S&P […]
Bitcoin ETFs had their first week of trading. Here's who's winning and losing. – MarketWatch
After about a week of trading, BlackRock is leading inflows into spot Bitcoin exchange-traded funds as investors weigh a group of similar ETFs launched on the same day. “It's clear that BlackRock is off to a pretty strong start out of the gate,” Aniket Ural, head of ETF data and analysis at CFRA Research, said […]
Meme stock AMC books second straight day of gains after run of record lows – MarketWatch
Published: January 19, 2024 at 6:51 PM ET AMC Entertainment Holdings shares rose for the second day in a row Friday, giving investors in the original meme stock some respite after suffering disappointing losses. AMC stock, which had recently hit consecutive lows, closed 1.8% higher. The movie theater chain on Thursday snapped a six-day losing […]