Author: Money Mechanics

Key Takeaways AMD’s record quarterly results and upbeat outlook on strong demand for its data center chips met a muted reception from investors amid worries about an AI bubble.Wall Street analysts are overwhelmingly bullish on the chipmaker, with several raising their targets for its stock following the results. Advanced Micro Devices investors have become harder to impress. The chipmaker yesterday posted record quarterly results and an upbeat outlook on surging demand for its data center chips—and its stock has hardly budged. Advanced Micro Devices (AMD) shares were up about 2%, near $255, in recent trading as the broader tech sector…

(Investing) – LONDON -Oil prices eased on Wednesday as investors digested weaker economic data from top oil importers, but an expected drop in U.S. fuel inventories limited further losses.  were down 37 cents, or 0.6%, at $64.07 a barrel by 1419 GMT, while U.S. West Texas Intermediate crude was 43 cents, or 0.7%, lower at $60.13. Oil prices followed equities lower, as a shift in risk sentiment has been an important driver in recent days, said . Weaker economic data, coupled with a rally in the U.S. dollar, suppressed prices, however they found support from lower U.S. fuel stocks, PVM analyst Tamas…

Key Takeaways Tech stocks rebounded from Tuesday’s losses to help boost the major U.S. equities indexes Wednesday afternoon. Seagate Technology and other data storage stocks led gains on the S&P 500. McDonald’s shares also climbed as its U.S. same-store sales exceeded expectations. Tech stocks rebounded from Tuesday’s losses to help boost the major U.S. equities indexes Wednesday afternoon. The Dow, S&P 500, and Nasdaq all advanced. Seagate Technology (STX) and other data storage stocks like Western Digital (WDC) led gains on the S&P 500. Seagate said it has a deal with lenders to exchange $500 million in debt for cash and…

Key Takeaways Trex Co.’s results and outlook disappoint as spending on housing materials slows.The maker of decking products said the repair and remodeling sector continued to face weaker market conditions, and it expects that to continue. Trex Co. (TREX) shares sank to multiyear lows after the maker of deck-building materials posted worse-than-expected results and lowered its outlook, citing a slump in spending for housing projects. While the company saw spending in the repair and remodeling sector improving, CEO Bryan Fairbanks said, “the second half of the season reflected the weaker market conditions that the industry has experienced in the past…

Key Takeaways Novo Nordisk cut its outlook as it sees slowing demand for its GLP-1 weight loss and diabetes treatments.Third-quarter profit and revenue was short of analysts’ estimates. U.S.-listed shares of Novo Nordisk (NVO) fell after the drugmaker scaled back its outlook, citing disappointing demand for its GLP-1 weight loss and diabetes drugs as competition in the sector increases. Novo Nordisk, the company behind Wegovy and Ozempic, posted third-quarter adjusted earnings per share of DK4.50 ($0.69), DK20 ($0.03) below the average estimate of analysts surveyed by Visible Alpha. Revenue was up 5.1% to DK74.98 billion ($11.53 billion), also short of…

Question: I’m 62, I want to work a few more years and I’m good at my job. But all of this AI talk makes me feel like a dinosaur. Can’t I just do my job for a few more years without technology complicating things?Answer: By age 62, many people feel ready to bring their careers to a close. And since 62 is the earliest age to claim Social Security, it can be an easy enough exit point for folks who have enough retirement savings.However, not everyone feels ready to end their career at 62. The Center for Retirement Research at…

As 2025 winds down, you may soon be finalizing your charitable-giving plans for the year. Many causes need funding, from relief efforts following natural disasters to humanitarian aid initiatives in countries ravaged by conflict and political instability. By donating to reputable organizations, you can support them as they provide vital resources, research and programs.But deciding which charities most deserve your dollars can be overwhelming. With so many worthy causes to consider, it pays to put some thought into which ones best align with your values and to research which organizations are likely to make the best use of your donations.…

Key Takeaways The Fed’s recent rate cuts have had a limited impact on markets, reinforcing the case for patience and staying invested.Shorter-term fixed-income securities can help preserve capital and reduce exposure to interest rate volatility.Investors worried about monetary policy uncertainty should consider defensive stocks and shorter-dated fixed-income securities. All investors should embrace diversification. In 2025, investors are navigating a complex environment shaped by shifting Fed policies, trade tensions, and political uncertainty. With the Federal Reserve cutting rates twice this year and debate intensifying over whether more cuts will follow, investors are asking what to do next. Here’s how I’ve been guiding…

Key Takeaways The Fed cut rates last week, but many of the top nationwide CDs are still available—letting you lock in mid-4% returns well into 2026. Longer-term CDs may also be smart if Fed makes further reductions this year and beyond. Banks can change or withdraw CD offers without warning, so it pays to act quickly when a top-paying CD matches your financial timeline. The full article continues below these offers from our partners. You Can Still Earn an Excellent APY on Your Savings, Despite Fed Cuts The Federal Reserve trimmed its benchmark rate by a quarter point last week—the…

Stock pickers typically want to own a company with a fortress balance sheet, not a flimsy one. This financial statement is worth looking at in order to decide whether to buy a new stock or keep the ones you own.It provides a snapshot of a company’s financial health at a particular point in time, typically at the end of the quarter. Tage Tracy, the author of How to Read a Financial Report, says investors who understand a balance sheet can more easily see where a company may be weaker than its management claims. And yet, says Tracy, “the balance sheet…