Markets were markedly higher to start Thursday, after Tesla reported higher-than-expected quarterly results, but afterward they turned much lower. In the previous session, Netflix earnings steered markets lower. While it could be any investor’s guess where markets will go next (based on whatever earnings) the current outlook appears to be optimistic. However, there is a different question going into this […]

WASHINGTON (Reuters) – U.S. President Joe Biden announced an additional $800 million security assistance package for Ukraine on Thursday morning to further shore up support for the embattled European country as it faces a fresh onslaught by Russia on its eastern flank.U.S. President Joe Biden is flanked by U.S. Defense Secretary Lloyd Austin and Chairman of the Joint Chiefs of […]

If any investor has stood the test of time, it is Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world. His annual Berkshire Hathaway shareholders meeting draws thousands of loyal fans that are investors. Known for his long buy-and-hold strategies and his massive portfolio of public and private […]

After markets closed on Tuesday, Netflix reported March-quarter results that beat the consensus earnings estimate but missed on revenue. The really bad news was a net loss of 200,000 subscribers, miles away from analysts’ estimate for a net gain of 2.5 million new subscribers. The company also forecast a net loss of 2 million subscribers in the second quarter. The […]

Unless you have been asleep for the past year, you have seen the incredible price increases in energy commodities. Oil is at the highest level since 2014, while natural gas has surged to its highest levels in more than 13 years. Though reasons for the massive and spiraling surge in prices are many, from government regulations and policy changes to […]

Markets bounced back on Tuesday with the Nasdaq pushing more than 2% higher. At the same time, ARK Funds had a fairly explosive session as well. ARKF performed the best out of the group, with a 5.0% gain on the day, while ARKX did the worst, up 1.5%. The gains from the past year are slowly sliding away, but Cathie […]

Gold futures settled lower on Tuesday as the dollar climbed to a fresh two-year high and bond yields surged amid rising expectations the Fed would announce a series of steep rate hikes this year. The dollar climbed with traders reacting to St. Louis Federal Reserve Bank President James Bullard’s comments that more aggressive policy tightening is needed to combat inflation. […]