Opinion: These small cap stocks will lead the market when the rally has legs

If stock market FOMO is starting to annoy you, but you’re hesitant to buy stocks, here’s a solution: go small. Small businesses are still super cheap. These are not companies whose CEOs make headlines when they speak. You may have never heard of most of them. But when you buy their shares, you are investing … Read more

Yes, the IRS hires detectives who can use deadly force — but here’s some context and what gig workers who’ve been ripped off should do to avoid losing even more in taxes

Hi, MarketWatchers. Don’t miss these top stories. Yes, the IRS hires detectives who can use deadly force — but here’s some context: The IRS would be poised to get $80 billion in a decade if the Inflation Reduction Act is passed. read more Ex-Qualcomm VP charged with fraud for hiding role in microchip startup the … Read more

Rivian keeps production guidance intact for 2022. The stock is still falling.

Font size The Rivian R1S should start shipping to customers in a few months. Thanks to Rivian Electric Truck Manufacturer Rivian Automotive reported a larger-than-expected quarterly loss but, most importantly, maintained its production estimates for the full year. The stock wobbled as investors digested the news. Rivian (ticker: RIVN) reported an adjusted loss per share … Read more

The share of Meta Platforms Inc. drops Thursday, still outperforms the market

Shares of Meta Platforms Inc. META, -0.48% fell 0.48% to $177.49 Thursday, on what turned out to be an overall mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, +0.08% up 0.08% to 33,336.67 and the NASDAQ Composite Index COMP, -0.58% decreasing by 0.58% to 12,779.91. Meta Platforms Inc. closed … Read more

Rising real yields could dampen US equity market’s outperformance against the rest of the world, says economist

As investor sentiment shifts by the day, the US stock market rally in recent weeks may once again be in jeopardy, as rising real yields threaten to undermine market performance relative to the rest of the world. That is the view of James Reilly, assistant economist at Capital Economics. In a note released Thursday, he … Read more

Have the shares fallen? Only when this ‘gorilla’ starts moving in the stock markets, BofA warns

Households, not hedge funds or large corporations, represent the largest class of owners of the US stock market. That matters because households, the “peaceful gorilla” in US stocks, have not fallen and risen despite this year’s sharp sell-off, meaning equities haven’t bottomed yet, according to a BofA Global. Collectively, households own about $38 trillion in … Read more

Opinion: The bullish evidence for this stock market is accelerating

The S&P 500 index has finally broken out over resistance in the 4170 area — the first time it’s so high since early May. That was a formidable area of ​​resistance for a long time, but Wednesday’s CPI data was enough to push it through. The SPX of the S&P, +0.49% next targets should be … Read more

Ex-JPMorgan Traders Convicted in Federal Fraud Case

A federal jury in Chicago convicted two former traffickers of JPMorgan Chase & Co.’s precious metals bureau, which had been accused of manipulating gold prices and found that they were using deceptive orders to manipulate prices. The convictions are the culmination of a seven-year campaign by the Justice Department to sanction a style of deceptive … Read more

Ex-JPMorgan Traders Convicted in Federal Fraud Case

A federal jury in Chicago convicted two former traffickers of JPMorgan Chase & Co.’s precious metals bureau, which had been accused of manipulating gold prices and found that they were using deceptive orders to manipulate prices. The convictions are the culmination of a seven-year campaign by the Justice Department to sanction a style of deceptive … Read more

Disney Reports Earnings Increase, Lowers Long-Term Forecast for Disney+ Subscribers

Walt Disney reported a 26% increase in revenue and more new customers than expected for its streaming service on Wednesday, but it lowered the bar for projected future growth for its Disney+ streaming service. Financial director Christine McCarthy at the company’s call with analysts, it lowered its forecast for Disney+, saying it now expects to … Read more