Solaris Energy Infrastructure, SM Energy, and Chord Energy Shares Are Soaring, What You Need To Know
What Happened?
A number of stocks jumped in the afternoon session after Iran ruled out extending a 60-day memorandum of understanding with the United States.
ProPetro, Patterson-UTI, and HighPeak Energy Stocks Trade Up, What You Need To Know
What Happened?
A number of stocks jumped in the afternoon session after Iran ruled out extending a 60-day memorandum of understanding with the United States.
Social Security's Big 2027 COLA Cooled Off – But There's a Silver Lining Not Seen Since 2023
The Social Security COLA was supposed to be higher this year, with independent analyst Mary Johnson projecting a 2027 COLA as high as 4.7%. It would have been one of the largest raises in decades, but after June inflation cooled sharply, she lowered her COLA forecast to 3.7%.
It lines up with the Senior Citizens League’s projected 3.8% estimate,
Read MoreStocks slip in cautious trading after weak US retail sales data
Stock markets retreated in sparse summer trading Friday, with the uncertain outlook for the Middle East war and the US economy prompting investor caution ahead of the weekend.
» Read more about: Stocks slip in cautious trading after weak US retail sales data »
Read MoreCanada to hit US with retaliatory tariffs as trade war escalates
Canada’s Prime Minister Mark Carney has announced retaliatory tariffs on the United States after Washington imposed a 50 percent levy on $20bn worth of Canadian goods.
Carney, speaking in Ottawa on Saturday, said the new Canadian tariffs would target US steel, dairy and electronics industries among others and take effect on September 8.
» Read more about: Canada to hit US with retaliatory tariffs as trade war escalates »
Read MoreThe Burst
Don’t Be Fooled By Gold
Gold has been on a tear in recent months and rightly so, it seems, looking at macro events. What started as an Israeli-Palestine conflict has escalated to include Iran, which in turn is leading to speculation that the US may be get involved, and by then war appears to be a real possibility. Worse still are the prospects for further expansion if other countries are brought into the fray,
» Read more about: Don’t Be Fooled By Gold »
Read MoreThe Ivy
Buffett Dives Into Pool: Uncovering the Oracle’s Latest Surprise Bet
News just came out that Warren Buffett was back in the market buying again and this time the stock comes as a bit of a surprise, it’s Pool Corp.
On the back of the news, Pool share price popped 3% as a stampede of buyers flooded in after the Oracle of Omaha. So what is it about this swimming pool supplies company that has piqued the interest of the 93 year old billionaire?
» Read more about: Buffett Dives Into Pool: Uncovering the Oracle’s Latest Surprise Bet »
Read MoreThe Spotlight
Top 3 Healthcare Stocks In Cathie Wood’s Flagship ETF
To say the least, this year hasn’t been kind to Cathie Wood’s “disruptive innovation” investment strategy and her ARK funds. Unfortunately for investors of ARKK, the ETF has been a massive letdown this year, sinking nearly 53% thus far — much worse than the S&P 500, which is down almost 18% year to date.
» Read more about: Top 3 Healthcare Stocks In Cathie Wood’s Flagship ETF »