The Wall Street Crash of 1929 On October 29, 1929, the stock price of the New York Stock Exchange (NYSE) plummeted The crash signaled the beginning of the Great Depression, the greatest global economic depression until the late 1930s . Several factors contributed to the slowdown, including ...
In a Twitter (NYSE: TWTR) post last Saturday, Ripple CEO Brad Garlinghouse said, “Today’s filings make it clear the SEC isn’t interested in applying the law. They want to remake it all in an impermissible effort to expand their jurisdiction far beyond the authority granted to them by...
Small-cap stocks, represented by the iShares Russell 2000 ETF (NYSE:IWM), retreated by 0.9%, partially offsetting Monday’s robust 1.9% surge. Notable chipmakers continue to make headlines. Nvidia Corp. (NASDAQ:NVDA) soared over 3% to a new record high, reaching $539 per ...
Dividend yield is a useful metric when applied appropriately, and when the time is taken to understand whether the company behind the payout is able to keep paying it. Here are a few examples of how dividend yield can be useful. Income investors, or people looking at their investment portfol...
The buzz today comes from the Washington Post’s article about plans for Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) that the Obama administration is kicking around. Briefly, the thinking seems to be that you set up a good bank/bad bank structure, l
Paid-in capital is the total funding a company has received by selling its stock shares. Learn why this value is significant.
It was not until after the Second World War when today’s largest major UPF food service corporations began to emerge. In 1965, McDonald’s made its first public offering on the NYSE [65]. PepsiCo acquired Pizza Hut, Taco Bell, and Kentucky Fried Chicken in 1977, 1978, and 1986, ...
If I'm putting money into a fund for someone else to manage, then I'm mainly focused on thepeople running my money. I want them to have the best return profiles, have the most experience, and be the hungriest go-getters around. At the same time, I want to know they will be stick...
Let's imagine a trader decides to buy New Zealand (NZD) dollars using Japanese yen (JPY). This would constitute opening a long position in the currency pair NZD/JPY. The trader executes this trade five minutes before the closing bell on theNew York Stock Exchange (NYSE), which happens to...
Today, the Shanghai Stock Exchange stands as the world's third-largest stock exchange by market capitalization, trailing only the NYSE and Nasdaq. It plays a crucial role in China's financial system, listing many of the country's largest state-owned and private companies, including some of th...