CNBC’s Jim Cramer on Tuesday warned about the stock market implications of Federal Reserve Chairman Jerome Powell‘s upcoming post-meeting news conference. The Fed is set to release its policy statement at 2 p.m. ET on Wednesday, at the conclusion of its two-day June gathering. Powell’s Q&A session with reporters is scheduled to follow. Powell’s comments
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Over the past decade, tech stocks led the way when it came to growth. The Covid-19 pandemic and the race for vaccines have helped to change that equation. Biotech stocks have been in the spotlight, with many posting phenomenal growth over the past year and a half.   More importantly for investors, that period of
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Dividend stocks appeal to passive-income seekers. Broader markets have also seen record highs in recent days. Yet, investors still have opportunities for buying robust dividend names for less than where they were trading several weeks ago. Of course, even businesses with significant catalysts come under stress every now and then. However, leading companies with good
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Amid all the hype surrounding Bitcoin, one subset of companies in the industry has been largely overlooked by both Main Street and Wall Street: Bitcoin miners. Now is the perfect time to buy bitcoin mining stocks. Here’s why… Bitcoin mining is essential to the functionality and success of cryptocurrencies. Miners essentially use advanced computing systems
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Check out the companies making headlines before the bell: Novavax (NVAX) – The drugmaker said its Covid-19 vaccine proved 90% effective overall in a late-stage trial, and 93% effective against the most predominant variants of the virus. It also provided 100% protection against moderate and severe disease. Novavax shares surged 10.4% in premarket trading. Lordstown
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HSBC’s Money Laundering 2012 Charge HSBC Holdings’ (HSBC) agreement to pay a $1.9 billion fine to regulators for serving as a middleman for Mexican drug cartels and enter into a deferred prosecution agreement points to a lack of adequate control processes in compliance and anti-money laundering. Given the bank’s size, it appears that it and
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