Jim Cramer Says Buy These 2 High-Yield Dividend Stocks — Including One With 10% Yield

Wall Street is on a roller coaster again, as investors try to navigate the path between high inflation and the Fed’s aggressive interest rate hikes. The former is raging – whether you blame Russia or Biden, the fact of high inflation can no longer be avoided – while the latter is rising – but whether … Read more

Wall Street in Best Rally Since 2020 as BOE Shocks Everything

(Bloomberg) — Another shock central bank move, another lockstep market reaction across Wall Street and beyond. Most Read from Bloomberg This time it was the Bank of England’s dramatic intervention in government bonds that took global traders by storm, underscoring how every asset remains at the mercy of monetary officials in crisis-fighting mode. After British … Read more

Stocks trending after hours: Tesla, Starbucks and Vail Resorts

Starbucks (): The coffee giant increased its quarterly dividend to 53 cents per share from 49 cents, effective November 25, 2022 to shareholders on record November 11, 2022. Starbucks initiated its dividend in 2010 and has increased it every year since. Vail Resorts (): The company’s loss narrowed in its fiscal fourth quarter and sales … Read more

S&P 500 Roars Back From Six-Day Slide; Bonds Surge: Markets Wrap

(Bloomberg) — US stocks and Treasuries rallied on Wednesday after the Bank of England’s decision to stage a market intervention boosted UK bonds and tentatively calmed markets. Most Read from Bloomberg The S&P 500 snapped a six-day rout, rising the most since early last month, and for the first time since the Federal Reserve boosted … Read more

Netflix stock surges on double upgrade as Wall Street cheers on ad tier

Netflix () shares soared on Wednesday after Atlantic Equities from Neutral to Overweight, citing upside potential in the streaming giant’s . Analyst Hamilton Faber raised his price target to $283 from $211, surmising that the ad rollout “could be extremely material.” He added that he does not “believe the benefit is currently reflected in the … Read more

Florida’s Chaotic Insurance Market Braces for Hurricane Ian

(Bloomberg) — Hurricane Ian is bearing down on Florida, threatening to further destabilize a homeowners-insurance market already teetering on the edge of disaster. Most Read from Bloomberg The storm is expected to make landfall along the southwest Florida coast late Wednesday or early Thursday. While Ian’s strength and trajectory are subject to change in the … Read more

Cathie Wood just called out the Fed’s biggest blind spot and warns of significant ‘price deflation in the pipeline’ — he

It’s no secret that the Federal Reserve is committed to getting inflation back under control. The central bank raised its benchmark interest rates by 75 basis points last week, marking the third such hike in a row.The central bank raised its benchmark interest rates by 75 basis points last week, marking the third such hike … Read more