Benzinga
3 REITs For Passive Income
Passive income is about producing income from a source other than an employer or contractor. The Internal Revenue Service (IRS) identifies passive income as stemming from either rental property or a non-participatory business or investment such as book royalties or stock dividends. But passive does not mean that investors just set it and forget it. Investors still have to monitor dividend stocks on a regular basis to make sure they are still performing well and make decisions to buy, sell or hol
Bloomberg
Truss’s Tories Win Vote on UK Fracking Ban Motion
(Bloomberg) — UK Prime Minister Liz Truss’s Conservatives defeated an opposition attempt to force Parliament to consider legislation to ban fracking, a rare moment of respite as she battles to cling to power. Most Read from BloombergA Tense Pay Dispute Overshadows Nintendo’s Upcoming Bayonetta 3Trump Prosecutors See Evidence for Obstruction Charges$200 Diesel Puts Biden in an Ugly CornerTrump Special Master Has ‘No Patience’ for Records SpatsWeed Is Coming to Circle K Gas Stations in US Next Ye
Motley Fool
Why Shares of Plug Power Are Tumbling Today
Turning a cold shoulder to news that Plug Power (NASDAQ: PLUG) is expanding its partnership with FreezPak Logistics, investors are clicking the sell button on the fuel cell specialist Wednesday. As of 12:08 p.m. ET, shares of Plug Power were down by 6.2%. FreezPak Logistics has been working with Plug Power since 2014, and the food logistics company seems to be happy with how things have gone, because it’s looking to expand the relationship.
Motley Fool
Why Nio, Rivian, and ChargePoint Stocks Are Volatile Today
Instead, investors appeared to be concerned with comments made by Goldman Sachs CEO David Solomon and former Amazon CEO Jeff Bezos about the state of the U.S. economy. The EV industry is just beginning to find its footing, but a widespread economic slowdown in the U.S. and abroad could add to an already turbulent time for high-growth EV companies. As a result, Nio (NYSE: NIO) was down by 9%, Rivian Automotive (NASDAQ: RIVN) fell by as much as 3.4% before bouncing back up by 0.1%, and ChargePoint Holdings (NYSE: CHPT) dropped 3.8% as of 11:49 a.m. ET.
Motley Fool
Why Shares of M&T Bank Are Falling Today
Shares of M&T Bank (NYSE: MTB) were trading roughly 12.9% lower as of 12:56 p.m. ET Wednesday after the bank delivered disappointing results for the third quarter. M&T Bank reported diluted earnings per share of $3.53 on total revenue of roughly $2.25 billion — both numbers that missed analysts’ consensus estimates. It completed its large acquisition of People’s United Bank earlier this year, and is still in the process of integrating it into its operations.
Motley Fool
Why Shares of Northern Trust Are Falling Today
Shares of the large custodian bank Northern Trust (NASDAQ: NTRS) had fallen roughly 9.5% as of 12:53 p.m. ET today after the company reported earnings results for the third quarter of the year this morning. “Northern Trust’s third-quarter results reflected consistent execution in the face of challenging macroeconomic and market conditions,” CEO Michael O’Grady said in an earnings statement. This hurt Northern Trust’s largest revenue source, which is trust, investment, and other servicing fees.
Motley Fool
Why Upstart, Affirm, and SoFi Stocks Hit the Skids Early Wednesday
After two days of strong gains, Wall Street appeared to be taking a breather on Wednesday, with a broad cross-section of stocks losing ground. Investors seemed to ponder the wider economic landscape, looking for signs of what the future might hold. With this as a backdrop, a number of financial technology (fintech) companies traded lower, as Upstart Holdings (NASDAQ: UPST) tumbled as much as 10.3%, Affirm Holdings (NASDAQ: AFRM) slumped as much as 9.4%, and SoFi Technologies (NASDAQ: SOFI) slipped as much as 5%.
Motley Fool
Here’s Why Rumble Stock Plunged Today
Shares of Rumble (NASDAQ: RUM) — a video platform seen as a censorship-proof alternative to YouTube — plunged on Wednesday after the company filed a registration document with the Securities and Exchange Commission (SEC). As of 1 p.m. ET, Rumble stock was down 10%. Rumble officially went public on Sept. 16 when it completed its business combination with a special purpose acquisition company (SPAC).
Insider Monkey
10 Best MLP Dividend Stocks to Buy
In this article, we discuss 10 best MLP dividend stocks to buy. You can skip our detailed analysis of MLPs and their performance over the years, and go directly to read 5 Best MLP Dividend Stocks to Buy. A master limited partnership (MLP) is a publicly traded limited partnership that mainly engages in energy infrastructure and […]
Investor’s Business Daily
Tesla Earnings Are Mixed, But Musk Predicts ‘Epic Q4,’ Stock Buyback
Tesla earnings topped Q3 estimates, but revenue missed. TSLA stock, near a 52-week low, slipped after hours, though CEO Elon Musk broke some news.
