Category Archives: Best Stocks

Monday’s Biggest Winners and Losers in the S&P 500

Source: ThinkstockApril 9, 2018: The S&P 500 closed up 0.3% at 2,613.25. The DJIA closed up 0.2% at 23,979.86. Separately, the Nasdaq was up 0.5% at 6,950.34. Monday was another positive day for the broad U.S. markets. This was yet another push towards recovery and back to even for the three major indices. Crude oil […]

Square Withdraws FDIC Application

Square Inc. (NYSE: SQ) announced late on Thursday that it would be withdrawing its application with the Federal Deposit Insurance Corporation (FDIC) for a banking charter. Although, the firm said that it plans to resubmit this at a later date. This special industrial loan company (ILC) license, would allow for Square, a nontraditional financial firm, […]

It May Be A Mistake For Investors To Flee Netflix Stock

Shutterstock Netflix, one of the heavyweights among the large momentum stocks that have gotten hammered during the market’s pullback, tumbled on Monday about 2%, to $141 a share, as investors gasped at the video-streaming leader’s weaker-than-expected subscriber numbers in the first quarter. And the stock has continued to sag, closing at $139 by Wednesday, from […]

Fiat Chrysler recalls 4.8 million vehicles that could get stuck in cruise control

Fiat Chrysler is recalling 4.8 million vehicles over an issue that could prevent drivers from turning off cruise control. Only one incident related to the malfunction has been reported to Fiat Chrysler (FCAU), and there are no reported injuries. The issue can be triggered when the car accelerates while operating under cruise control, which it […]

Berkshire Hathaway Lost $1.1 Billion in the First Quarter — or Did It?

Thanks to new accounting rules, Berkshire Hathaway’s(NYSE:BRK-A)(NYSE:BRK-B) record first-quarter operating profit looks like a $1.1 billion loss. Confused? In this Industry Focus: Financials clip, Michael Douglass and Matt Frankel break down Berkshire’s first-quarter numbers for you. A full transcript follows the video. This video was recorded on May 7, 2018. Michael Douglass: The first thing […]