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Insider buying is surging. What investors need to know, and why it may not signal a market bottom

Although corporate insiders are buying more stock than retail investors, they have increased their purchase of stocks in May. Retail investors should wait to follow their lead. According to The Washington Service data, the insider sell-value ratio was at its highest level since March 2020 through May 23. It was already the most significant month […]

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These are the cheapest stocks in the S&P 500 that could be buying opportunities

The last two months have been chaotic for Wall Street as big technology giants like Alphabet and Netflix stretch further into bear market territory and the S & P 500 verges on a bear market of its own. Although the market is still volatile, it may be a good time to buy long-term investments looking […]

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Chinese jet aborts takeoff, catches fire

Tibet Airlines’ plane taxis onto a runway at Lhasa on January 9, 2020. He Penglei | China News Service | Getty Images China’s Tibet Airlines stated that all crew and passengers had been evacuated by an aircraft from Tibet. AirbusAn A319 airplane caught fire following an attempted takeoff from Chongqing, a southwestern Chinese city. The […]

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GE signs contract to upgrade vast hydropower facility in South America

Straddling the border between Brazil and Paraguay, Itaipu commenced electrical energy manufacturing in 1984. The technological upgrades being deliberate for the location are set to take 14 years. Tifonimages | Istock | Getty Photos GE Renewable Power has signed a deal that can see it perform upgrades to the 14 gigawatt Itaipu hydropower plant, an enormous […]

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China factory activity contracts in April at steeper pace as lockdowns bite

Workers at the factory producing carbon fiber badminton rackets in Sihong County. China said Saturday that factories activity declined at an even faster pace in April after Covid-19 lockdowns disrupted industrial production. Getty Images| Getty Images China’s factories contracted faster in April than expected. Covid-19 lockdowns, which halted industrial production in China and disrupted supply […]

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General Electric, Warner Bros. Discovery and more

An GE sign was seen at the China International Import Expo, (CIIE) Shanghai on Friday 6 November 2019. Reuters| Reuters Take a look at the top midday traders. General Electric — Shares slid more than 11% despite the industrial company reportingThe first quarter’s top and bottom numbers beat estimates. Chief Executive Officer Lawrence Culp stated […]

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PepsiCo, General Electric, UPS and others

These are the headline-grabbing companies in premarket trading. PepsiCo – Shares of the food and beverage giant dipped in the premarket although the company reported a beat on the top and bottom lines in the recent quarterAs consumers were willing to pay more for key brand names of the company, General Electric – General Electric’s […]

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Shanghai by the numbers: China’s Covid lockdowns

The Huangpu River divides Shanghai into two distinct areas: the old settlement to the west and the more modern, financially-oriented area to the east. Johannes Eisele | Afp | Getty Images China’s latest wave of Covid restrictions has forced millions of people — roughly three times as many as live in New York City — […]

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The race to roll out ‘super-sized’ wind turbines is on

Photo taken in the Netherlands of a Haliade X wind turbine on March 2, 2022. Haliade-X is one of many new large turbines to come in the future. Getty Images| Bloomberg | Getty Images The Vineyard Wind 1 project, which is estimated to be 800 megawatts in capacity and located 15 miles from Martha’s Vineyard, […]