Morningstar, Inc. (NASDAQ:MORN – Get Rating) Chairman Joseph D. Mansueto sold 10,377 shares of the business’s stock in a transaction dated Wednesday, May 25th. The shares were sold at an average price of $245.62, for a total transaction of $2,548,798.74. Following the completion of the transaction, the chairman now owns 12,498,651 shares in the company, … Read more
Nvidia stock took a beating in after-hours trading on Thursday, after the company shared [PDF] its Q1 results and guidance for Q2 expectations. Investors were seemingly not happy with 4% lower than expected revenue for 2Q ($8.1 billion); $500 million of which Nvidia attributed to the Russian-Ukranian conflict and COVID-19 lockdowns in China. Perhaps more … Read more
Sundry Photography/iStock Editorial via Getty Images With the Nasdaq close to 30% off its peak, the market continues to be very challenging, particularly for growth stock investors. By some measures, it’s been the worst start of the year for stocks since the Great Depression. In addition, the American Association of Individual Investors shared that more … Read more
Oil Crude prices rose as a tight oil market was going to remain in place given the start of the summer driving season was going to keep a downward trajectory for US stockpiles. The EU is struggling to get Hungary on board for the required unanimous support needed for a ban on Russian oil. It … Read more
Image source: Getty Images Inflation and recession are the two buzzwords that have worried everyone from typical Canadian consumers to seasoned investors. And there is some rational logic to this fear. The recession can reset the market and would be devastating for the economy and businesses that are still reeling from the impact of the … Read more
GBPUSD battle is on between support and resistance targets The GBPUSD GBP/USD The GBP/USD is the currency pair encompassing the United Kingdom’s currency, the British pound sterling (symbol £, code GBP), and the dollar of the United States of America (symbol $, code USD). The pair’s rate indicates how many US dollars are needed in … Read more
The highest-paid male and female CEOs in the S&P 500 index for 2021, as calculated by The Associated Press and Equilar, an executive data firm. Top row, from left, Bill McDermott of ServiceNow, Mary Barra of General Motors, Tim Cook of Apple, Adena Friedman of Nasdaq, and David Zaslav of Warner Bros. Discovery. Bottom row, … Read more
Tracy Shuchart began her career in finance at the Chicago Board of Trade as a futures and options broker. She then moved on to manage trade desks on the trading floor in both the agriculture and bond rooms where her firm served both as an executing broker and market strategist for global hedge funds and … Read more
Vancouver, British Columbia – May 26, 2022 (Newsfile Corp.) (Investorideas.com Newswire) Foremost Lithium Resource & Technology Ltd. (CSE: FAT) (OTCQB: FRRSF) (FSE: F0R0) (WKN: A3DCC8) (www.foremostlithium.com) (“Foremost Lithium, Foremost or the Company”) is pleased to announce that it has contracted XPS Expert Process Solutions (a Glencore company) to develop a process to develop and refine … Read more
US stocks are rallying as investors viewed both the Fed’s Minutes as a commitment to only gradual tighten policy to fight inflation and after a few retailers provided optimistic outlooks. The Fed locked itself into delivering a couple of half-point rate increases until the Jackson Hole Symposium and that has removed the risk of aggressive … Read more