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Earnings Highlight Real Risks to Intel Stock

I’m sure many shareholders are questioning why Intel (NASDAQ:INTC) dropped so sharply. Intel stock fell 8.6% on Friday. That’s not quite a move on the level of Facebook (NASDAQ:FB) or Twitter (NYSE:TWTR), both of which plunged after their own earnings announcement. But for a company with a $240 billion market cap (still), an 8%+ move is big — and rare.7 Best Stocks to Buy to Upgrade Your AI Portfolio …read more […]

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Baidu (BIDU) Stock Rises on Q2 Earnings Beat

Baidu (NASDAQ:BIDU) reported its latest quarterly earnings results after the bell Tuesday, which were better than what analysts were calling for, sending shares rising late in the day. Baidu added that for the period, it amassed adjusted earnings of roughly $3.18 per share, which is stronger than the $2.44 per share that analysts polled by FactSet were calling for in their average estimate. Analysts were calling for Baidu to bring in revenue of $3.8 billion for the quarter. …read more […]

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White House Distances Itself from Big Tax Cut for the Wealthy

The New York Times reported Monday that the Trump administration was considering bypassing Congress to enact another big tax cut that would mainly benefit the wealthy. Mnuchin told the Times’ Alan Rappeport and Jim Tankersley earlier this month that his department was trying to determine if it has the legal authority to make such a change in the absence of legislation from Congress, and the White House confirmed Tuesday that the analysis continues. …read more […]

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The 7 Best Funds to Buy For Income Investors

Rising interest rates can be a bane for dividend stocks and high-yielding, income-oriented sectors, but there is some positive news in the 2018 dividend outlook. Through the first half of the year, approximately 40% of S&P 500 member firms boosted dividends, potentially making some of the best funds to buy in the dividend landscape all the more attractive. Looked at differently, some of the best funds to buy need to show investors that dividend stocks are worth the extra risk relative to safer U.S. government debt. …read more […]