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Crash Course (Education) – Raging Bull
Here’s a quick crash course. Even if you’re buying calls or puts, how many ways do you have to prevail? That’s right, in both cases, you have ONE. That’s ONE, singular way to win. Buy AAPL calls… it better go up. Buy AAPL puts… it better go down. Now, I’m…
Why stock-market bulls can’t celebrate as Fed hints at pause in rate hikes
Stock-market traders were in no mood for subtlety Wednesday. The Federal Reserve and its leader, Chair Jerome Powell, left the door open to a halt in rate increases after delivering, as expected, a 10th straight hike that lifted the fed-funds rate to a range of 5% to 5.25%, its highest…
Unity Software to lay off another 600 workers
Unity Software Inc. will cut about 600 jobs in its third and largest round of layoffs over the past year. A filing with the Securities and Exchange Commission on Tuesday said San Francisco-based Unity will trim about 8% of its workforce, and expects to incur about $26 million in charges…
Apple Card savings account has an attractive 4.15% interest rate, but beware of these pitfalls before signing
Apple’s latest move into financial services is generating a lot of attention. Last month, Apple AAPL launched its new Apple Card savings account. It offers an attractive interest rate and allows users to move seamlessly between the savings account and credit card while using their iPhone. But is it the…
She was told her mortgage was paid off. 10 years later, she received a foreclosure notice in the mail
Rose Prophete bought her home in Canarsie, Brooklyn, N.Y. in May 2005. She thought she had paid off her loans until recently, when a company approached her about a debt she thought she had settled a long time ago. The company expected Prophete to pay up over $130,000, or face…
CHTR Stock Price | Charter Communications Inc. Cl A Stock Quote (U.S.: Nasdaq)
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AMD stock is sliding after earnings, and these numbers show why
Advanced Micro Devices Inc. shares tumbled nearly 7% in after-hours trading Tuesday, after the chip maker reported a big drop in margins and provided a forecast that doesn’t suggest immediate improvement. AMD AMD reported a first-quarter net loss of $139 million and revenue fell to $5.3 billion, fueled by big…
Tinder owner Match exits Russia: ‘We are committed to protecting human rights’
Tinder parent company Match Group Inc. announced Tuesday that its brands are exiting Russia, citing human rights concerns. “We are committed to protecting human rights,” Match MTCH said in the company’s annual impact report. “Our brands are taking steps to restrict access to their services in Russia and will complete…
Why First Republic’s rescue isn’t arresting a selloff in U.S. regional bank stocks
Stock-market investors didn’t get much time to enjoy a brief period of relief for stocks following JPMorgan Chase & Co.’s takeover of First Republic Bank. The seizure on Monday of troubled First Republic FRC and the subsequent takeover by JPMorgan Chase JPM failed to arrest a slide in U.S. regional…