Some mortgage borrowers have only two things in mind: “How much can I afford?” and “What will my monthly payments be?” They max out their finances on mortgage debt and use an interest-only or negative amortization mortgage to minimize their monthly payments. Then, they rely upon home price appreciation to eclipse the risks associated with
Investing News
The CBOE Volatility Index (VIX) measures expectations for volatility in the next 30 sessions, with put and call options activity underlying its calculations. While VIX focuses on S&P 500 data, traders and hedgers can also examine the Nasdaq 100 through the CBOE Nasdaq Volatility Index (VXN) and the Dow Jones Industrial Average through CBOE DJIA Volatility Index
Volatility is critical to risk measurement. Generally, volatility refers to standard deviation, which is a dispersion measure. Greater dispersion implies greater risk, which implies higher odds of price erosion or portfolio loss – this is key information for any investor. Volatility can be used on its own, as in “the hedge fund portfolio exhibited a
Tesla, Inc., formerly known as Tesla Motors, has grown since its IPO a decade ago into one of the world’s biggest producers of electric vehicles under the leadership of CEO Elon Musk. The company sells cars, SUVs, and trucks. In addition to electric vehicles, it has expanded into energy generation and storage systems. Tesla joined the S&P
Brex, which offers corporate spending accounts for startups, small businesses, and large corporations, has announced that business owners can now redeem rewards earned with the Brex credit card for select cryptocurrencies. Key Takeaways Brex has announced that business owners who participate in the Brex rewards program can now redeem their rewards for Bitcoin and Ethereum.
Natural gas exchange-traded funds (ETFs) provide investors with exposure to natural gas prices while avoiding both the complexities of trading natural gas futures contracts and the storage costs to hold the physical commodity. Natural gas is a commodity used as a source of energy for heating, cooking, fuel, and electricity generation. It also is used
Avishek Das | LightRocket | Getty Images Robinhood is redesigning some of its app features — most notably ditching its confetti animation —amid scrutiny over the popular stock trading company’s so-called gamification of investing. The free-stock trading pioneer, which is gearing up for its public debut, told CNBC the move is an effort to remove
If you are an entrepreneur who has launched a promising start-up but need funding to reach the next level, one option to consider is venture capital. Venture capital funding has many benefits. In addition to much needed capital at a crucial time, you typically get access to an investor’s network of contacts, not to mention
In this article NPAUU IRDM AST’s corporate headquarters and high-volume manufacturing facility in Midland, Texas AST & Science Satellite-to-smartphone broadband company AST & Science expects to close its SPAC merger next week, the company said on Thursday. Its stock will trade on the Nasdaq. Last year, the company announced plans to merge with special purpose
Traders work on the floor of the New York Stock Exchange (NYSE) on March 16, 2020 in New York City. Spencer Platt | Getty Images Wall Street investors largely view higher interest rates as the biggest threat to derail the rally in stocks, according to a new CNBC survey. As a part of CNBC’s Quarterly
The consumer staples sector is comprised of companies that produce and sell items considered essential for everyday use. Consumer staples products include household goods, food, beverages, hygiene products, and other items that individuals are either unwilling or unable to eliminate from their budgets even in times of financial trouble. As a result, these companies are viewed as
In this article DISCA David Zaslav Anjali Sundaram | CNBC Discovery’s lightly traded class B shares surged 80% on Wednesday, showing a spike in volume and divergence from the company’s class A shares that is highly unusual. The class B stock, which often sees volume of less than 10,000 shares in a day, had already
In this article BAC Patrick T. Fallon | Bloomberg | Getty Images Bank of America is expanding its racial justice initiative, devoting more funding toward advocacy and equality for communities of color. “The urgency we feel to address long-standing issues of inclusion and racial inequality has only increased following the attacks and hate speech directed
What Is Polybius? The Polybius project, established by the Estonian company Polybius Foundation, is a digital cryptoproject focused on creating a financial institution that utilizes blockchain technology. When it was launched, it was the first fully digital European bank to be crowdfunded by its users. The Polybius Foundation was founded in 2017 in Tallinn, Estonia.
In this article VIACP TME 9888-HK VIPS DISCA CSG.N-CH 8604.T-JP A massive margin call affected a little-known family office last Friday, incurring billions of dollars in losses for certain banks involved and jolted the overall volatility in the broader market. Archegos Capital Management’s leveraged bets in ViacomCBS blew up and ignited a whopping $20 billion wave
In this article MS GS 8604.T-JP CSG.N-CH VIACP People are seen on Wall St. outside the New York Stock Exchange (NYSE) in New York City, March 19, 2021. Brendan McDermid | Reuters When investors are stampeding for the exits, it pays to be first out the door. That’s what happened when falling shares in ViacomCBS
Across the United States, numerous employees set up and use various types of employee benefits plans allowed by the Internal Revenue Service (IRS). One of these plans, called a Section 125 cafeteria plan, has been in existence since 1978 and offers some interesting advantages. Key Takeaways A cafeteria plan is an employer-sponsored benefit plan that
In this article GS VIAC DISCA 8604.T-JP CSG.N-CH GME CNBC’s Jim Cramer on Monday implored younger investors to stay in the market for the long term, despite turbulent events this year, including, most recently, the forced liquidation of positions held by a multibillion dollar family office. “We don’t want it to be 2000 when we
In this article MAXR SZU-DE Maxar Technologies Satellite images give a unique vantage point of the stuck ship Ever Given, as crews work to free the mega container vessel that’s been blocking the Suez Canal for four days. Maxar Technologies‘ WorldView-2 satellite captured high-resolution images on Friday morning, with a close-up look at the dredging
Mortgage rates hit all-time lows repeatedly in 2020 and through early 2021 amid the impact of the COVID-19 pandemic. Rates have started to drift higher over the last few weeks and may continue to rise modestly through the year. If you’re thinking of getting a mortgage or refinancing the one you already have, there are