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In this article CSX SNAP VZ AXP Follow your favorite stocksCREATE FREE ACCOUNT Check out the companies making headlines before the bell: American Express (AXP) – The financial services company reported a quarterly profit of $2.47 per share, 6 cents above estimates, with revenue also topping Wall Street forecasts. American Express also raised its full-year
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Chinese electric vehicle (EV) manufacturer Nio (NYSE:NIO) looks like a sure winner over the coming years. That’s because Nio’s growth, in terms of EV deliveries as well as revenue generation, is indisputable. Additionally, Nio is mapping out a carefully planned venture into potentially lucrative European markets. For these reasons, NIO stock should prove to be a
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When low interest rates are prevalent throughout the economy, there is usually an increased demand for mortgage loans. This increase generally results in more asset-based securities, which can increase the pool of high-quality assets in this investment category. Fixed-income investors looking for higher yields than U.S. Treasuries might consider investing in an exchange-traded fund (ETF)
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S3 Studio | Getty Images Check out the companies making headlines in midday trading. Snap — Shares of the Snapchat parent company cratered 28.1% after it missed revenue estimates and saw its slowest sales growth since going public as advertising spending slows. The results from Snap hit other ad-reliant stocks, sending shares of Pinterest and
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When bear markets come around, panic tends to ensue. As the move lower accelerates, stress levels rise as investors worry about the economy, their jobs and their money. But bear markets are precisely the time when investors should be looking for stocks to buy. Truth be told, bear markets aren’t all that common. The long-term
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In times like this, it’s best to mitigate your losses by identifying stocks to sell and get rid of the biggest losers in your portfolio. Fortunately, the stock market’s horrendous year is almost over. Unfortunately, that’s only because the calendar is nearing the end of 2022, and not because the market is turning around any
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It’s hard to even know where to begin when detailing the difficulties surrounding Carvana’s (NYSE:CVNA) stock. First of all, the company has legal issues to deal with in Michigan and Pennsylvania. Additionally, the U.S. Federal Reserve will probably continue to raise interest rates. These difficulties should cause prospective investors to think twice about buying CVNA stock. To
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SoFi Technologies (NASDAQ:SOFI) is a relatively small neo-banking firm right now. However, the data shows that SoFi Technologies is growing by leaps and bounds. SOFI stock has the potential to make a 5x move in five years’ time if the company continues to expand and if the U.S. Federal Reserve finally stops raising interest rates. Let’s
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In many if not most cases, investors should recognize that you get what you pay for, although in rare moments, market participants can get away with bargain stocks to buy for under $10. To be clear, price rarely stands as the end-all, be-all for equity-based opportunities. You must conduct thorough research before putting your hard-earned
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