The derivatives market is, in a word, gigantic—often estimated at over $1 quadrillion on the high end. How can that be? Largely because there are numerous derivatives in existence, available on virtually every possible type of investmentasset, including equities, commodities, bonds, and currency. Some marketanalysts even place the size ofContinue Reading

Key Takeaways The number of Zoom customers contributing over $100,000 in trailing-12-month revenue surpassed analysts’ estimates. Large-contract customers contributing more than $100,000 in annual revenue are usually a more stable source of revenue than smaller-contract customers. Zoom expects Q4 FY 2022 adjusted EPS of between $1.06 and $1.07 on approximatelyContinue Reading

The auto company that some Americans may still refer to as Chrysler is now part of a conglomerate called Stellantis NV (STLA) based in Amsterdam. Fiat Chrysler Automobiles officially merged with PSA Group, owner of the Peugeot automobile brand, in early 2021. The combination makes Stellantis the world’s fourth-largest automobileContinue Reading

How much active management is being done by your mutual fund manager? Active Share may give you the answer. In financial literature, there are numerous citations of studies showing the average mutual fund manager underperforms their benchmark index after fees. In 2006, Martijn Cremers and Antti Petajisto of the Yale School ofContinue Reading

Through their policymaking, central banks played a key role in manufacturing the 2008 financial crisis. One of the responses to that crisis was Bitcoin (BTCUSD). With its decentralized system and peer-to-peer technology, Bitcoin has the potential to dismantle a banking system in which a central authority is responsible for decisionsContinue Reading

Costco Wholesale Corporation (NASDAQ: COST) goes against the grain. In today’s world of shopping via smartphone and next-day delivery, Costco remains the largest warehouse retailer in the United States. Its secret is simple: Instead of trying to compete on margins alone, the company sells membership cards. And it sells aContinue Reading

Rivian Automotive, founded by Robert “R.J.” Scaringe, is coming up fast in the rearview mirror of high-profile electric carmaker Tesla Inc. (TSLA). Largely unknown outside of automotive circles, the privately-held maker of premium electric sport utility vehicles (SUVs) and pickup trucks has yet to sell a vehicle. The company confidentiallyContinue Reading

Arbitrage pricing theory (APT) is an alternative to the capital asset pricing model (CAPM) for explaining returns of assets or portfolios. It was developed by economist Stephen Ross in the 1970s. Over the years, arbitrage pricing theory has grown in popularity for its relatively simpler assumptions. However, arbitrage pricing theory is a lot more difficultContinue Reading

Dividend-paying exchange-traded funds (ETFs) have been growing in popularity, especially among investors looking for high yields and more stability from their portfolios. As with stocks and many mutual funds, most ETFs pay their dividends quarterly—once every three months. However, ETFs that offer monthly dividend returns are also available. Monthly dividendsContinue Reading