We're buying 25 shares of Home Depot at roughly $407 each and 15 shares of Blackrock at roughly $1,041. Following Tuesday's trades, Jim Cramer's Charitable Trust will own 200 shares of HD, increasing its weighting to 2.25% from about 2%. The Trust portfolio, used by the CNBC Investing Club, will...
Category: Finance
Invesco launches ETF to maximize on the tech concentration craze
Invesco launched an exchange-traded fund designed to give investors exposure to the top 45% of companies in the Nasdaq-100 Index.Brian Hartigan, the firm's global head of ETFs and index instruments, runs Invesco QQQ Trust (QQQ), which is the fifth-largest ETF in the world, according to VettaFi. Now Hartigan is taking...
You don’t need to be a ‘Silicon Valley entrepreneur’ to be rich, financial advisor says. Here’s how to retire a millionaire
Goran Babic | E+ | Getty ImagesBuilding a $1 million nest egg may seem an impossible feat.However, amassing such retirement wealth is within reach for almost anyone — provided they take certain steps, financial advisors say."You might think that, 'Well, I have to become a Silicon Valley entrepreneur to become...
China ramps up Wall Street meetings as Trump inauguration looms
Aly Song | ReutersChinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relationships ahead of President-elect Donald Trump's planned tariffs on China.He Lifeng is one of China's four vice premiers, and heads the ruling Chinese Communist Party's economic...
Far from a bazooka, China’s stimulus measures are just trickling through the economy
A large advertisement touting China's "trade-in" policy hangs outside a housing construction project in Nanjing, China, on Nov. 29, 2024.Nurphoto | Nurphoto | Getty ImagesChina's latest efforts to kickstart growth haven't had a broad impact yet, data and company earnings show, indicating the world's second-largest economy won't be roaring back...