Day: January 5, 2022

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Zacks Investment Research
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Handicapping the Q4 Earnings Season

Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>> The 2021 Q4 reporting cycle will really get going with the January 14th quarterly reports from JPMorgan JPM, Wells Fargo WFC and others....

Federal Reserve bank building in Washington.
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Did the Fed Minutes Truly Prompt Wednesday’s Stock Market Slide?

The stock market had a tough day on Wednesday. Losses for the Nasdaq Composite (NASDAQINDEX: ^IXIC) were the sharpest at more than 3%, but declines for the Dow Jones Industrial Average (DJINDICES: ^DJI) and S&P 500 (SNPINDEX: ^GSPC) took both benchmarks well below their recent record levels. Index Daily Percentage Change Daily Point Change Dow...

Factbox-U.S. automakers line up EV models to take on Tesla
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Factbox-U.S. automakers line up EV models to take on Tesla By Reuters

© Reuters. FILE PHOTO: A logo of the electric-vehicle maker Tesla is seen near a shopping complex in Beijing, China January 5, 2021. REUTERS/Tingshu Wang/File Photo/File Photo (Reuters) – The demand for electric vehicles pushed U.S. automakers last year to unveil plans to spend billions of dollars to electrify gasoline models or introduce electric cars...

What Happens to Bitcoin After All 21 Million Are Mined?
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What Happens to Bitcoin After All 21 Million Are Mined?

One of the chief characteristics of Bitcoin (BTCUSD) is that its coin supply is limited. Bitcoin inventor Satoshi Nakamoto designed the cryptocurrency essentially as digital gold, and capped the Bitcoin maximum supply to mimic the finite quantity of physical gold. The maximum number of bitcoins that can be issued—mined—is 21 million. New bitcoins are added...

HTC Vive debuts its 1st 5G VR experience and VR wrist tracker
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HTC Vive debuts its 1st 5G VR experience and VR wrist tracker

Join gaming leaders, alongside GamesBeat and Facebook Gaming, for their 2nd Annual GamesBeat & Facebook Gaming Summit | GamesBeat: Into the Metaverse 2 this upcoming January 25-27, 2022. Learn more about the event.  HTC is debuting its first 5G wireless experience for a Vive virtual reality headset. The Taiwan-based company is debuting its first portable,...

Zacks Investment Research
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Simon Property (SPG) Taps Debt Market With Senior Note Offering

Simon Property Group SPG announced the sale of $1.2-billion senior notes through its operating partnership, Simon Property Group, L.P. The offering expected to close on Jan 11, 2022, is subject to customary closing conditions. This offering includes a $500-million aggregate principal amount of Floating Rate Notes due 2024 and a $700-million aggregate principal amount of...

5 ETF Predictions for 2022
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5 ETF Predictions for 2022

As always, let’s start with a recap of my prediction track record: 2018: 5 for 5 2019: 4 for 5 2020: 4 for 5 2021: 3 for 5 (with a caveat) I may not be “The ETF Whisperer”, but 80% is pretty good!  So, what will 2022 hold?  First, a few obvious predictions:  active ETF launches...

Food Bank
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BofA to Make $100 Donation for Each Boosted U.S. Employee

January 5, 2022 (Bloomberg) — Bank of America Corp. is donating $100 to local food banks and hunger-relief organizations for each U.S. employee that registers their Covid-19 booster. The company will direct the funds for every eligible employee, including those that already received their booster shot, who registers those vaccinations by the end of January,...