Markets
Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure
Jeffrey Smith, CEO and chief investment officer at Starboard Value LP. David Paul Morris | Bloomberg | Getty Images Starboard Value, the activist fund run by Jeff Smith, has taken a sizable stake in graphics-design firm Autodesk and has spoken with the company’s board in recent weeks over a number of serious concerns involving its disclosures around an […]
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CNBC Daily Open: Nasdaq record, $25 trillion Tesla?
Elon Musk leaves at the Turkish House after meeting with Turkish President Recep Tayyip Erdogan ahead of the 78th session of the United Nations (UN) General Assembly in New York, United States on September 17, 2023. (Photo by Fatih Aktas/Anadolu Agency via Getty Images) Fatih Aktas | Anadolu Agency | Getty Images This report is […]
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Asia-Pacific markets set for lower open ahead of key China data
A view of high-rise buildings is seen along the Suzhou Creek in Shanghai, China on July 5, 2023. Ying Tang | NurPhoto | Getty Images Asia-Pacific markets are set to open lower on Monday as the region looks to key economic data out from China. The world’s second-largest economy will release May numbers for its […]
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Stock futures are little changed ahead of a holiday-shortened trading week: Live updates
Traders work the floor of the New York Stock Exchange. NYSE Stock futures were little changed on Sunday evening ahead of a holiday-shortened week. Futures tied to the Dow Jones Industrial Average hovered under the flat line. S&P 500 futures and Nasdaq 100 futures added 0.03% and 0.1%, respectively. Last week, the Dow slipped 57 […]
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Top Wall Street analysts suggest these 3 dividend stocks for enhanced returns
Dividend-paying stocks can give investors an opportunity to cushion their portfolios from market volatility — and they can also enhance returns. Selecting the right dividend stocks is no easy feat for investors. Wall Street’s best analysts have insight into companies’ ability to provide attractive dividend yield and upside for the long term. Here are three […]
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Advisors ‘wary’ of bitcoin ETFs are on a slow adoption journey, says BlackRock exec
Jonathan Raa | Nurphoto | Getty Images The long-awaited bitcoin exchange traded funds launched in January, and financial advisors are on their way – though gradually – toward adopting them, according to BlackRock’s Samara Cohen. For now, about 80% of bitcoin ETF purchases have likely been coming from “self-directed investors who have made their own […]
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This ETF strategy may help investors skirt market concentration risk
Investors worried about concentration risk in the market may want to consider value-oriented investments. Avantis Investors chief investment strategist Phil McInnis suggests taking a more diversified approach than simply looking at index funds such as the S&P 500. He thinks his firm’s exchange-traded fund strategy can provide better returns in the long run, emphasizing companies […]
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The 4 key things we’re watching in the stock market this holiday-shortened week
The Nasdaq Composite inched higher Friday to claim its fifth straight record close, as new data this past week showed a continued cooling of inflation and Treasury yields retreated. For the week: The tech-heavy Nasdaq gained 3.2%, while the S & P 500 rose 1.6% and the Dow Jones Industrial Average fell 0.5%. Economic updates […]
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The unloved stock market rally: Why so many investors find it hard to embrace this run to records
What to make of a record-setting market rally that elicits more mistrust than fear of missing out? The S & P 500 has made an all-time high on nearly thirty days this year, four of them this past week. U.S equity wealth has never been greater, and the index path has even been pretty smooth: […]
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