Investing News

Small Business Saturday is an annual event that was created to encourage consumers to shop locally in person and online at small businesses. This event takes place every November and represents a significant opportunity to increase sales for small businesses during the holiday shopping season. The concept was first introduced by American Express in 2010

Key Takeaways Analysts estimate adjusted EPS of -$0.02 vs. $0.17 in Q3 FY 2021. The number of average daily active users is expected to have risen at the slowest rate in more than two years. Revenue growth also seen slowing. Snap Inc. (SNAP), owner of the 12th-largest social media platform by users, will probably say

Key Takeaways Tesla produced 365,923 vehicles in Q3, an increase of almost 54% compared from the year-ago quarter and above analyst predictions. Tesla made more vehicles than it delivered, signaling a potential backlog. Tesla’s profit beat analyst estimates, while revenue came in below predictions. Tesla (TSLA) Financial Results: Analysis Tesla Inc. (TSLA), the world’s largest

Inflation at 40-year highs has a silver lining: It will lower taxes next year for the majority of workers whose wages haven’t kept up with rising consumer prices. That’s based on the annual inflation adjustment—this year at nearly 7%—that the Internal Revenue Service (IRS) announced Tuesday for 2023 income tax brackets and other tax thresholds.

Key Takeaways Analysts estimate EPS of $0.53 vs. -$0.99 in Q3 FY 2021. Load factor is expected to rise to the second-highest level in 20 quarters. Revenue is predicted to rebound to its second-highest level in at least five years. American Airlines Group Inc. (AAL), the world’s largest carrier by passenger volume, probably swung to

TradeStation and Interactive Brokers (IBKR) both offer robust and customizable trading platforms for sophisticated traders. While traditionally catering to this niche market, these brokers have expanded their offerings to include cryptocurrency trading, and to lower the barrier to entry for more novice traders. Despite the changes to broaden their appeal, Interactive Brokers and TradeStation are

Do you have to pay capital gains tax on a home sale? That depends. You could owe capital gains tax if you sell a home that has appreciated in value because it is a capital asset. However, thanks to the Taxpayer Relief Act of 1997, most homeowners are exempt from needing to pay it. If

Interactive Brokers (aka “IBKR”) and TD Ameritrade (TDA) are large, full-service brokers that have been around for decades. IBKR boasts low costs, excellent trading tools, superior trade execution, and a vast lineup of trading assets. TD Ameritrade (TDA) offers an AI-powered educational experience and was recently acquired by Charles Schwab, forming one of the largest

In early October 2022, market analytics platform Cryptounfolded released data showing that Q3 non-fungible token (NFT) sales on OpenSea, the largest marketplace for digital collectibles, fell by 60% from Q2. Despite the continued weakness of the crypto bear market, investors can still find opportunities in NFTs. The following is a highlight of some of the

The Internal Revenue Service tweaked its annual tax instructions to account for non-fungible tokens (NFTs), replacing the term “virtual currency” with “digital assets,” which includes NFTs. The move comes as cryptocurrency regulations develop around the world, and some aspects of the market, such as NFTs, are tougher to categorize than others. The rise of NFTs

Chamath Palihapitiya, Social Capital Founder and CEO CNBC A new buyback tax has motivated more and more SPAC sponsors to close up shop before the year-end, adding another headwind to the blank-check space already roiled by a tough market environment. A total of 27 SPAC deals, worth $12.8 billion, have been liquidated this year, according

A covered call involves a seller offering buyers a call option at a set price and expiration date on a security that the seller owns. Professional market players write covered calls to boost investment income. Individual investors can also benefit from the conservative but effective covered call option strategy by taking the time to learn how it

Many individuals and families around the world use surrogacy to start a family. Nearly 31,000 Americans had a baby through surrogacy between 1999 and 2013. There are many reasons people choose surrogacy including infertility, health complications, being in a same-sex relationship, or being single. “The average cost of surrogacy for US-based intended parents is $100,000

After outdoing its recent peaks with a new spike to 7.55% last Thursday, the 30-year mortgage average has retreated almost a third of a percentage point. Today’s National Mortgage Rate Averages Thirty-year mortgage rates came down another five basis points Tuesday, lowering the 30-year average to 7.22%. The flagship average had recorded a new 20-year

The sign-up bonus for the Chase Sapphire Reserve Credit Card has been increased to 80,000 points. Once earned, cardholders can get up to $1,200 in value from the bonus through Chase or possibly even more through the card issuer’s airline and hotel partners. Key Takeaways Chase has launched a limited-time offer for its Sapphire Reserve

Key Takeaways Netflix reported Q3 2022 earnings per share (EPS) of $3.10, far ahead of analysts’ predictions. Global paid streaming memberships also surpassed analyst expectations. The number of global paid streaming memberships represents how Netflix generates most of its revenue. Source: Predictions based on analysts’ consensus from Visible Alpha Netflix (NFLX) Financial Results: Analysis Shares of

Key Takeaways United Airlines’ load factor came in above analyst predictions and at its highest level in at least six. Load factor measures the percentage of an airline’s seating capacity that is filled with paying passengers. Strongly rebounding travel demand overcame a cooling economy to boost earnings and revenue above analyst expectations. Source: Predictions based

Rates on certificates of deposit (CDs) have risen much of October, due to the Federal Reserve announcing another massive rate hike in late September. Indeed, CD savers are now able to earn 4% or more in every term of at least one year. But movement in the top rates was minimal this past week, with

Up until very recently, inflation had not been talked about, and for good reason. In 2019, the overall annual rate of inflation in the U.S. was running at 1.8% according to the World Bank (CPI). In 2020, the rate was 1.2%. In the summer of 2021, however, inflation began to rear its ugly head once

Cryptocurrencies, known for their wild gyrations, are actually pretty stable these days, as Bitcoin hovers at its $20,000 resistance level, making it less volatile than stocks. That’s not necessarily good news. Key Takeaways Bitcoin’s volatility has been at a low for a record duration, according to BitMEX’s .BVOL Index, and is currently at 19.65%. Bitcoin