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Inventory turnover measures the rate at which a company purchases and resells its products (or inventory) to its customers. Low inventory turnover can indicate bad management, poor purchasing practices or selling techniques, faulty decision-making, or the buildup of inferior or obsolete goods. As a result, investors usually don’t like to see a low inventory turnover

Chime CEO Chris Britt Source: Chime Chime has raised a new $750 million Series G round of funding that values the fintech company at $25 billion — $10 billion higher than its last reported valuation of $15 billion from October 2020, according to PitchBook data. Chime, a so-called “challenger bank” known for fee-free banking, early paydays

With mortgage interest rates at historic lows, homeowners are refinancing their mortgages. While refinancing should result in lower expenses for the homeowner, the process also comes with one-time fees, called closing costs. These fees are paid out of pocket at closing or rolled into the new loan and paid monthly. Knowing the costs of refinancing

In this article MNTS The company’s latest-generation Microwave Electrothermal Thruster (MET) undergoes testing in a vacuum chamber at its facility in Santa Clara, California. Momentus Space company Momentus debuted on the Nasdaq on Friday, completing a nearly year-long and turbulent merger process that resulted in a new CEO and the departure of its founders. “In

In this article PYPL The Ebay Inc. Venmo application (app). Andrew Harrer | Bloomberg | Getty Images Venmo launched a credit card feature Tuesday that allows users to convert their cash-back rewards into bitcoin and other cryptocurrencies. The development is part of the broader crypto strategy of Venmo parent PayPal. The company launched a business

To understand corporate bonds, you must first understand key concepts about how the corporate debt relates to the issuer’s business capital structure and how the debt, itself, is constructed. These points are crucial for the investor to understand before investing in any corporate debt products. Separating Corporate Bonds Corporate bonds are fungible—have the ability to

Jane Fraser speaks during the Milken Institute Global Conference in Beverly Hills, California, U.S., on Monday, April 29, 2019. Kyle Grillot | Bloomberg via Getty Images Citigroup told employees that they’ll need to get the Covid-19 vaccination before returning to its offices, becoming one of the only major U.S. banks to take that stance. The

An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Space company Momentus will later this week go public on the Nasdaq, a month after settling Securities and Exchange Commission charges that it misled investors. Stable Road Acquisition Corp, a special purpose acquisition company or SPAC, on Wednesday announced its

The decision to refinance your home depends on many factors, including the length of time you plan to live there, current interest rates, and how long it will take to recoup your closing costs. In some cases, refinancing is a wise decision. In others, it may not be worth it financially. Because you already own

In this article VACQ Rocket Lab’s Photon satellite in orbit around the Earth. Rocket Lab Rocket Lab announced a deal with start-up Varda Space Industries on Wednesday to provide three Photon spacecraft to support Varda’s first in-space manufacturing missions beginning in 18 months. “In simple terms, we are the real estate and the utilities for

Kristine Davis, a spacesuit engineer at NASA’s Johnson Space Center, wears a ground prototype of the new Exploration Extravehicular Mobility Unit (xEMU), during a demonstration on Oct. 15, 2019. Joel Kowsky / NASA Elon Musk offered SpaceX’s services to help NASA make its next-generation spacesuits, after a watchdog report on Tuesday said the agency’s current

Steel stocks shot higher Monday in anticipation of a Senate vote on the $1 trillion bipartisan infrastructure bill, which is expected to successfully pass through the chamber Tuesday morning after nearly 70 senators voted to advance the legislation over the weekend. Key Takeaways Steel stocks sit well positioned to benefit from a $1 trillion bipartisan

Landing a finance job with just a bachelor’s degree isn’t impossible, but it’s highly competitive. The in-boxes, both digital and physical, of industry professionals and HR folks at banks and brokerages are stuffed with the resumes of students who have dreams of big money, lavish lifestyles, and getting on the path to being Masters of

A Falcon 9 rocket launches the Transporter-1 mission in January 2021. SpaceX SpaceX is acquiring satellite data start-up Swarm Technologies, in a rare deal by Elon Musk’s space company that expands the team, and possibly the technological capabilities, of its growing Starlink internet service. Swarm, which has 120 of its tiny SpaceBEE satellites in orbit,

In this article WFC Wells Fargo signage on May 5th, 2021 in New York City. Bill Tompkins | Michael Ochs Archives | Getty Images Wells Fargo has pushed back plans for employees to return to corporate offices by a month in response to the rise in U.S. coronavirus cases. The bank is now aiming to

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 dividends can be more convenient for

Jeff Lawson, co-founder and chief executive officer of Twilio Inc., center, rings the opening bell on the floor of the New York Stock Exchange in New York, Sept.17, 2018. Michael Nagle | Bloomberg | Getty Images Given the uncertain financial landscape, investors want to know how they can pinpoint stocks that are poised to deliver

Close up imagery of the dredging operations underway around the Ever Given in the Suez Canal, captured by the company’s WorldView-3 satellite on Saturday, March 27, 2021. Maxar Technologies Space company Maxar Technologies shares dropped in trading Thursday after it announced another delay to the launch of its next-generation imagery satellites. “We have decided to

How Do You Get Started With Stock Screeners? Selecting good stocks isn’t easy. The sheer volume of companies makes zeroing in on a good stock difficult and the volumes of data on the internet don’t make things any easier. In fact, it’s hard to sort out the useful information from all the worthless data. Fortunately,

Vlad Tenev and Baiju Bhatt attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Shares of Robinhood are popping again on Friday as the volatile stock heads to end its first full week of trading up nearly 70%. Robinhood shares rose 13% to $57.85 on