Stocks making the biggest moves midday: Nvidia, Marvell Technology, Costco, Eli...
Check out the companies making headlines in midday trading. Nvidia — Shares fell 5.6% as Nvidia took a breather from its winning streak. Earlier in the session, the stock notched a new 52-week high. The chipmaker has gained 7% week to date and is headed for its ninth-straight...
President Biden wants higher taxes on Corporate America’s stock buybacks
Corporate America is flush with cash and buying back a near record amount of stock this year. President Biden wants to increase the taxes on those buybacks. Biden will reportedly propose in his State of the Union speech tonight to lift the tax companies pay when they buy back...
Stocks making the biggest moves midday: Victoria’s Secret, Novo Nordisk,...
Check out the companies making headlines in midday trading. Victoria's Secret – The intimate apparel retailer shed 29.7% and headed for its worst day on record after posting mixed fourth-quarter results and disappointing guidance. Victoria's Secret said it anticipates a...
Bailing on the stock market during volatility is a ‘loser’s game,’...
Konstantin Trubavin | Cavan | Getty ImagesInvestor psychology can be fickle. Consider this common scenario: The stock market hits a rough patch, and skittish investors bail and park their money on the sidelines, thinking it a "safer" way to ride out the storm.However, the math...
Powell says the Fed is ‘not far’ from the point of cutting interest...
Federal Reserve Chairman Jerome Powell testifies during the Senate Banking, Housing and Urban Affairs Committee hearing titled "The Semiannual Monetary Policy Report to the Congress," in Dirksen Building on Thursday, March 7, 2024.Tom Williams | Cq-roll Call, Inc. | Getty...