What Is a Fiduciary Duty? Fiduciary duty refers to the relationship between a fiduciary and the principal or beneficiary on whose behalf the fiduciary acts. The fiduciary accepts legal responsibility for duties of care, loyalty, good faith, confidentiality, and more when serving the best interests of a beneficiary. Strict care must be taken to ensure
The ninth episode in the Star Wars saga, “The Rise of Skywalker,” premiered in theaters around the world in December 2019. The movie continued the stories of Rey, Finn, Poe, and Kylo Ren. Fans were ecstatic to see their favorite characters come back in this film by J.J. Abrams. With its themes of intergalactic travel,
Although high outstanding student loan debt has been a problem for years, only relatively recently has the idea of simply annulling that debt begun to garner mainstream support. Internet searches for “student loan forgiveness” and “student loan cancellation” have spiked since the beginning of 2021, and it’s easy to understand why. Americans collectively owe $1.7
Source: Audio und werbung / Shutterstock [Editor’s note: “As Hydrogen Takes Off, Bet Early to Win Big” was previously published in May 2022. It has since been updated to include the most relevant information available.] In the finance world, when heavyweight asset manager BlackRock (BLK) makes a move, everyone listens. That’s because BlackRock is the
In this article FTNT CDAY DXC BABA QSR COIN A Burger King restaurant seen in Milton, Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves in midday trading on Thursday: Coinbase — Shares of the cryptocurrency exchange jumped about 15% after the company announced a
Source: petovarga / Shutterstock One of the best ways to test an investment megatrend’s strength is to see how it fares during a recession. And that’s why I’m growing super bullish on EV stocks right now! U.S. gross domestic product has declined for two quarters in a row. That’s the textbook definition of a recession.
When it comes to energy stocks to buy before the bull market returns, natural gas and solar companies seem like the best bets for investors right now. Natural gas prices have jumped to their highest point in many years in the United States, and gas prices are absolutely exorbitant in Europe. Meanwhile, the Democrats’ budget
Take a look at some of the biggest movers in the premarket: Eli Lilly (LLY) – The drug maker’s stock fell 3.6% in the premarket after it missed estimates with its quarterly results and cut its full-year forecast. Lilly’s performance during the quarter was impacted by lower prices for insulin and falling sales of its
Apple (NASDAQ:AAPL), like other tech stocks, has bounced back in recent weeks. This is largely due to growing speculation that the Federal Reserve will cut interest rates in 2023 in order to minimize the impact of a recession. Lower interest rates are a positive for growth-oriented names like AAPL stock. Lower rates increase the present
A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines in extended trading. Match Group — Shares of the dating app operator tumbled as much as 23% after the company reported revenue of $795 million for the second quarter, compared with
If you’re a grandparent — or if you aspire to be one, at some point — one of the best gifts you can give your youngest family members is a firm financial foundation. While part of that could be an inheritance, it’s also important to teach the little tykes how grandma and grandpa managed to
Biopharmaceutical companies have been struggling since 2021 and that narrative isn’t immediately changing. However, not every firm deserves this fate. In fact, investors can find great opportunities with “cheap” biotech stocks to buy now. There are many reasons for investor pessimism that could soon ease. For instance, drug innovation has stagnated in 2022. Companies also
[embedded content] A new revolution is brewing in the automotive market. And the types of EV stocks you buy will depend entirely on a brand-new, underrated megatrend in the electric car industry: The Great EV Consolidation. In short, the number of electric vehicle companies will dramatically shrink over the next few years, not unlike that
In this article MRNA EA GILD A customer walks towards the entrance of a CVS Health Corp. store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017. Christopher Lee | Bloomberg | Getty Images Check out the companies making headlines in midday trading Wednesday. Gilead Sciences — Shares of the biopharma company rose
Check out the companies making headlines before the bell: CVS Health (CVS) – The drug store operator and pharmacy benefits manager saw its shares rise 3.8% in the premarket after beating top- and bottom-line estimates and raising its full-year earnings forecast. Results were helped by strong sales of over-the-counter Covid-19 tests as well as an
In this article UBER TAP CAT An Uber banner on the New York Stock Exchange on the day of Uber’s IPO, May 10, 2019. Source: NYSE Check out the companies making headlines in midday trading Tuesday. Uber Technologies — Uber shares popped 18.9% after the ride-hailing giant reported a quarterly revenue that beat analyst expectations.
Take a look at some of the biggest movers in the premarket: Caterpillar (CAT) – The heavy equipment maker’s stock fell 3.7% in the premarket after its quarterly earnings beat forecasts but revenue was slightly short of consensus. Caterpillar’s sales were hurt by its exit from Russia as well as supply chain issues, and it
Source: NYSE Check out the companies making headlines after the bell: Pinterest — Shares of the image-sharing company popped more than 19% despite a miss on the top and bottom lines as activist investor Elliott Management revealed it is now the largest investor. The company also beat monthly active user estimates. Simon Property Group —
In this article 9866-HK AMD GPN CHKP Displays outside the Nasdaq MarketSite are pictured as dating app operator Bumble Inc. (BMBL) made its debut on the Nasdaq stock exchange during the company’s IPO in New York City, New York, U.S., February 11, 2021. Mike Segar | Reuters Check out the companies making headlines in midday
Frequency is also an important matter to consider with passive income, making these monthly dividend stocks to buy an intriguing proposition. Stag Industrial (STAG): Investing in warehouse properties that cater to the broader e-commerce industry, Stag Industrial is well-positioned for the future. LTC Properties (LTC): Tied to the senior care and nursing sectors, LTC Properties