Category: Business

QuartzStock picking rockstar Cathie Wood is the anti-Warren BuffettWarren Buffett and Cathie Wood are polar opposites when it comes to investing. The former is a stock-picking legend with a history of skepticism of hyped-up technology concerns, while the latter seemingly can’t get enough of them. Each have cult followings—Buffett’s flock to see him at the…

The stunning run of Tesla stock over the past year fueled investor demand for a wave of new EV stocks. The new names represent everything from companies that sell tens of thousands of electric cars a year to startups that have yet to deliver a single vehicle. X And more EV stocks are coming, if…

Tax season is in full swing. And if you’re tempted to rush through your returns, be careful not to make sloppy mistakes or you could miss out on a larger refund, owe more in taxes or face an IRS audit.Some of the most common errors that filers make include missing a tax break, providing incorrect…

Software giant Microsoft (MSFT) has earned plaudits for its successful pivot from desktop computing to cloud computing. And MSFT stock has risen as a result. Many investors may be wondering: Is Microsoft stock a buy right now? X Bill Gates and Paul Allen started Microsoft in 1975 at the dawn of the personal computer era…

Federal Reserve policy was pitch perfect throughout the worst of the coronavirus crisis, but its nearly yearlong streak appears to be over. Now, as longer-term Treasury yields surge and financial markets move up expectations for rate hikes, Wall Street wants action. It didn’t get it today. X Federal Reserve Chairman Jerome Powell on Thursday said…

The Dow Jones Industrial Average slid 450 points Thursday in the wake of Fed Chairman Jerome Powell’s speech, as the 10-year Treasury yield spiked back above 1.5%. Tesla stock dived 7%, while DraftKings briefly jumped on a deal with the UFC before reversing lower. X Among the Dow Jones leaders, Apple (AAPL) fell over 1%…

National ReviewThe Mother of All Stock-Market BubblesBy Warren Buffett’s criteria, current stock prices are their most overvalued at least since World War II. In the chart below, the ratio of stock-market value, represented by the Wilshire 5000 index of all public stocks, to GDP is over 25 percent above the previous all-time high, the peak…

Market Extra Last Updated: March 4, 2021 at 1:13 p.m. ET First Published: March 4, 2021 at 10:39 a.m. ET Nasdaq Composite on the verge of a correction? Getty Images The Nasdaq Composite Index on Thursday was down nearly 10% from its recent peak, a move which is usually defined as market correction, reflecting a…

Published: March 3, 2021 at 1:00 p.m. ET Radeon RX 6700 XT said to retail at $479 AMD’s Radeon RX 6700 XT gaming card. AMD Advanced Micro Devices Inc. said Wednesday it’s releasing a new model of gaming card amid shortages that have plagued customers well before the holiday shopping season last year. AMD AMD,…

Stocks traded mixed Wednesday after sliding a day earlier, as investors weighed optimism over widespread post-pandemic business reopenings against concerns over economic overheating.The Dow rose while the S&P 500 fell in afternoon trading, while Treasury yields resumed advancing across the curve. The yield on the benchmark 10-year Treasury note closed in on 1.5%. A disappointing…