Buying the Stock-Market Dip Is Backfiring. Investors Keep Piling In Anyway.

Updated Sept. 25, 2022 1:25 pm ET Listen to article (2 minutes) It is the worst year for buying the stock-market dip since the 1930s.   Instead of rebounding after a tumble, stocks have continued to fall, burning investors who stepped in to buy shares on sale. The S&P 500 has dropped 1.2% on average this … Read more

‘Moore’s Law’s dead,’ Nvidia CEO Jensen Huang says in justifying gaming-card price hike

Nvidia Corp. Chief Executive Jensen Huang on Wednesday said he thinks it’s going to be “a pretty terrific Q4 for Ada,” the company’s next-generation chip architecture unveiled this week, even as critics balk of a price hike during a softening in consumer demand. Nvidia NVDA, +0.65% expects high demand for gaming chips using its next-generation … Read more

If the market passes this upcoming test, stocks will be poised to move higher. We’re not there yet.

There’s still too much bullishness on Wall Street, even after the Dow Jones Industrial Average’s DJIA, -1.70% 500+ point drop Wednesday following the Federal Reserve’s latest meeting and rate hike. Consider all the attention given to a possible “double bottom.” By framing the market’s weakness in this way, the bulls are trying to put a … Read more

There’s only one ‘perfect asset’ to fight all the bad news that could be coming, says this strategist

Ahead of that, stock futures are falling after Ford warned on high supply costs, on the heels of FedEx’s FDX, +1.17% profit caution last week. The dollar and cash have been among the most popular havens for investors as they navigate recession risks with higher rates and higher inflation, alongside a brutal war in Europe. … Read more

City enjoys love-bombing from Truss, but can she deliver?

Ever since the global financial crisis, City bosses have complained that politicians don’t give financial services enough love. The attitude to one of the UK’s few world-leading industries has been at best lukewarm, they moaned. Well, they can hardly lay that charge against the new prime minister. Liz Truss is surely the only world leader who … Read more

The crypto graduates are coming — and they want your finance jobs

Veterans of traditional finance watch out: An ever-growing horde of graduates armed with crypto skills will soon enter the workforce as universities ramp up efforts to teach the subject. The number of students enrolling in courses teaching crypto and blockchain is growing by hundreds each year, British universities tell Financial News. While major cryptocurrencies such as bitcoin have … Read more

A strong market rally could be just weeks away if the U.S. midterm elections can put anxious stock investors at ease

If the U.S. midterm election cycle this year is like past ones, the stock market will carve out an important low right around Election Day in November. That should give some hope to beleaguered investors whose stock holdings have suffered double-digit losses so far this year. A meaningful rally could be just a few weeks … Read more

Why I started a family as a trainee at a Magic Circle law firm: ‘There was no right time’

Gillian Boateng is an employment lawyer in the London office of US law firm Skadden, Arps, Slate, Meagher & Flom  From a young age, it was always clear to me that I wanted a successful career. It was also clear to me that I wanted a family of my own and, if possible, I would want … Read more

Nvidia stock fall after U.S. moves to restrict its data-center sales in China

Nvidia Corp. shares fell in extended trading Wednesday after the graphics-chip specialist disclosed that the U.S. government is seeking to restrict its data-center business in China. In a filing with the Securities and Exchange Commission, Nvidia NVDA, -2.42% revealed that the U.S. has installed new license requirements for its A100 and forthcoming H100 integrated circuits … Read more

‘My friends and family say I’m rich.’ I’m 26 and make $100K a year living in St. Louis, where I pay $850 in rent. But I can’t afford to buy a home, and am losing money when I invest. Would hiring a financial adviser be a smart move?

Is a financial adviser needed if you feel overwhelmed about money? Getty Images/iStockphoto Question: I am a 26-year-old pharmacist earning approximately $100,000 a year — take home pay is about $5600 a month — living in St. Louis. I contribute 4% to my employer 401l(k), which is the maximum match. I currently have about $25,000 … Read more