In the past week:
- East Coast and Gulf Coast dockworkers went on strike briefly. Escalating attacks in the Middle East boosted oil prices. The unemployment rate fell to 4.1%.
- Tesla’s third-quarter deliveries fell short of expectations, and it recalled Cybertrucks. Toyota recalled SUVs over safety issues. Ford offered benefits in an attempt to boost EV sales. Stellantis stock plunged after a profit warning.
- Boeing mulled a $10 billion stock offering. Spirit Airlines considered a bankruptcy filing. Carnival’s weak outlook offset a record quarter.
- DirecTV agreed to acquire Dish Network. The FTC cleared the Chevron-Hess deal with conditions.
- Verizon and Bank of America customers suffered outages. OpenAI received funding from Microsoft and Nvidia.
- CVS explored a potential breakup. Starbucks invested in farms in Central America. Nike withdrew guidance amid CEO change. Levi Strauss trimmed its sales guidance.
- Eli Lilly announced a new $4.5 billion drug development facility.
Billionaire Larry Ellison has significant holdings in Tesla Inc. (NASDAQ: TSLA) and real estate. But his massive net worth is almost entirely in Oracle Corp. (NASDAQ: ORCL), a company he helped found.
Stock splits change nothing about the underlying fundamentals of a company, but investors like them. Are Super Micro Computer Inc. (NASDAQ: SMCI) and an upcoming stock split worth considering now?
Investing in dividend growth stocks is one of the surest ways to accumulate wealth for a retirement portfolio. One dividend-focused exchange-traded fund has just announced a stock split and a huge dividend hike.
Income-oriented investors may want to become more familiar with Altria Group Inc. (NYSE: MO), Black Hills Corp. (NYSE: BKH), and other top Dividend Kings that offer solid passive income.
Receive a complimentary copy of our report “2 Dividend Legends to Hold Forever,” which reveals why it takes much more than just a big payout to be considered a dividend legend.
And get a complimentary copy of our “The Next Nvidia” report, which includes three top stock picks poised to take off from the next breakthroughs in artificial intelligence.
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.
