US stocks were set to bounce back on Friday as Alphabet (GOOG, GOOGL) and Microsoft (MSFT) earnings revived hopes for a Big Tech-led rally. But a key inflation report ahead could put a spoke in the wheel. S&P 500 (^GSPC) futures rose roughly 0.8%, while contracts on the tech-heavy Nasdaq 100 (^NDX) jumped 1%. Futures
US stocks attempted to rebound on Monday from their worst week of the year as investors braced for a flood of corporate earnings. The S&P 500 (^GSPC) pared earlier morning gains to rise 0.2% after closing below the 5,000 level on Friday for the first time since February amid six straight days of losses. The
‘US stocks opened higher on Monday, rebounding from their worst week of the year, with the S&P 500 turning upbeat as investors braced for a flood of corporate earnings. The S&P 500 (^GSPC) rose 0.5% to rise back above 5,000, after closing below the key level on Friday for the first time since February amid
Michael Saylor’s big bet on Bitcoin was supposed to be his downfall. Instead, it has helped him reap a huge windfall from his holdings in the cryptocurrency and in MicroStrategy stock. So far this year, the billionaire executive chairman of MicroStrategy has made $370 million by selling hundreds of thousands of company shares through a
The S&P 500 is often the benchmark for investors to try and beat. And it’s a good one to strive for, as in the long run the broad index has generated returns of 10%. If you could average a 10% return over a period of 25 years, your investment would be worth nearly 11 times
Exchange-traded funds (ETFs) are hugely popular with investors. One of the most recognized names in the ETF space is Vanguard, the company behind several of the biggest funds in the world in terms of assets under management. It has several huge ETFs to fit any investing style, including those that seek to replicate the return
Harvard economist Larry Summers says the Fed may lift interest rates next. Jim Davis/The Boston Globe via Getty Images Summers sees possible rate hike Harvard economist and former Treasury Secretary Larry Summers sees a 15% to 25% chance that the Fed will raise rates this year. With the shift of interest-rate forecasts, it’s been the strong
(Bloomberg) — For Asia investors concerned about artificial intelligence stocks looking overheated, one top fund manager suggests a surprising reason to keep buying them: dividends. Most Read from Bloomberg “Tech companies we own in Asia all have a net cash balance sheet, they all pay a dividend today, and we expect them all to increase
We should be asking much deeper questions now than simply about whether and when another stock market bubble burst might come. We should be re-examining the role of private and public sectors in allocating financial resources to the global economy. Failure to do this could result in a dramatic rise in tax rates around the