Tag

Cash Management

All articles tagged with #cash management

finance1 year ago

"Understanding the Surge: Plug Power Stock's Dramatic Turnaround"

Plug Power stock initially dropped over 10% after disappointing sales and earnings in its 2023 report, but later rebounded to a 1.7% gain. The company's report lacked specific details on Q4 performance and future guidance, but highlighted positive developments such as record annual revenue and resolving a going concern issue. However, concerns remain about its cash position and ability to continue as a going concern, with significant cash burn and high liabilities.

personal-finance2 years ago

Maximize Your Savings with High-Yield Accounts: Latest Rates and Tips

Depositing $15,000 into a high-yield savings account is a smart financial move due to the high interest rates currently available. With rates between 4.25% and 5.27%, online lending institutions tend to offer higher rates than traditional banks. The rate forecast looks favorable for savers in the short term, and high-yield savings accounts provide flexibility and liquidity compared to other savings products like certificates of deposit. By depositing into a high-yield savings account, individuals can earn solid returns, secure their money, and maintain access to their cash if needed.

finance2 years ago

Warren Buffett's Advice to Anxious Investors as America's 'Incredible Period' Ends

Warren Buffett, the renowned investor, has expressed concerns about the state of the U.S. economy, stating that the "incredible period" of growth seems to be ending. Buffett and his business partner, Charlie Munger, attribute this shift to persistently high inflation, rising interest rates, and an ongoing banking crisis. They advise investors to diversify with recession-resistant assets like healthcare real estate investment trusts (REITs) and commercial real estate, explore international stocks in less vulnerable markets, and keep cash on hand. Buffett's preferred asset at the moment is U.S. treasury bills, emphasizing the importance of cash in uncertain times.

business2 years ago

SVB's collapse raises concerns for start-up cash management and big tech.

Start-ups are learning the importance of cash management after the collapse of Silicon Valley Bank's (SVB) Asia unit. Many start-ups relied on SVB for funding and support, but were left stranded when the bank collapsed. This has led to a greater focus on cash management and financial planning among start-ups, as they seek to avoid similar crises in the future.