Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on Aug. 10, with dozens of large-cap stocks rising 5% or Read more
Tag: Primary Metals
Opinion: Green tariffs are now our best hope of beating climate change
BOSTON (Project Syndicate)—Environmental tariffs may be humanity’s last hope for mitigating climate change, which is on course to become increasingly devastating if we do not curb our greenhouse-gas (GHG) emissions. The most straightforward way Read more
Coursera stock walloped after earnings in latest downbeat signal for online education
Shares of Coursera Inc. tumbled more than 26% in after-hours trading Wednesday after the company, which operates a platform for online courses, delivered a lower-than-expected revenue forecast for the year. Read more
China’s real estate crisis will cause a more severe downturn in iron ore prices: Goldman Sachs
A severe surplus in the iron-ore market caused by the renewed pressure in China’s property market will sink prices of the commodity over the second half of the year, Goldman Read more
Alcoa stock jumps after earnings increase more than expected
Alcoa Corp. said Wednesday its profit jumped in the second quarter after sales rose more than costs and expenses. The Pittsburgh-based aluminum producer posted net income of $549 million, compared Read more
Short positions ease back on cannabis stocks, but shares remain deeply in the red
Short interest in cannabis stocks has fallen in a sign that investors are placing fewer bets that the sector will weaken, according to fresh numbers this week. But cannabis stocks Read more
Rio Tinto says 2Q iron-ore exports up, but cautions on economic outlook
Rio Tinto PLC on Friday sounded a cautious note on the global economic outlook, even as it reported a lift in shipments of its flagship product iron ore, the main Read more
Broadcom loses top software exec in the middle of VMware deal
Broadcom Inc.’s head of software Tom Krause is leaving the company in the middle of a $61 billion software acquisition he helped bring about, which analysts called “a surprise” and Read more
Opinion: Back off guys, President Biden made a good choice
I was recently forwarded an article “Senate Urged to Block Biden’s Pro-Privatization Nominee from Social Security Board.” One critic, cited in the article, characterized it as a “terrible nomination.” Who, Read more
Here’s the best way to play the S&P Dividend Aristocrat stocks
Stocks with attractive dividend yields have received a lot of coverage this year, because many have held up well when compared with the performance of the broad stock market. Dividends Read more