FuboTV (NYSE:FUBO) has been moving higher since late last month. As investors start to believe that the Federal Reserve will change course on its rate hike plans next year, speculative growth stocks like FUBO stock have seen a slight boost. I won’t comment further here whether a lowering of rates will happen next year or
admin
As of today, September 29, 2021, the 15-year fixed mortgage rate is 2.48% and the 15-year jumbo mortgage rate is 3.01%. These rates are not the teaser rates you may see advertised online and based on our methodology should be more representative of what customers could expect to be quoted depending on their qualifications. You
In this article BYND BYND AMC WBD A DoorDash sign is pictured on a restaurant on the day they hold their IPO in New York, December 9, 2020. Carlo Allegri | Reuters Check out the companies making headlines after the bell: DoorDash — Shares of the food delivery company popped 12% after a revenue beat. DoorDash
It’s important to have a diversified portfolio. You’ll see that my portfolios run the gamut — there are large-cap names, growth stocks and momentum plays, but you’ll also find some lesser known stocks under $50 to buy and hold. Warren Buffett is the master of buy-and-hold stocks. The Oracle of Omaha made his career on
Granted, there’s no sure thing when it comes to investing. It’s why advisers will talk to you about “risk tolerance” and make sure that your stomach for possible losses matches up with your investing style. But you can also tip the odds greatly in your favor by investing in equities that are safe high-yield dividend
Do you want to know the worst stocks to buy in a recession? Read on, and I’ll give you seven names to avoid should we officially enter the fourth recession in the 2000s. In the past 22 years, there have been three official recessions. The first lasted eight months, from March 2001 until November 2001.
Take a look at some of the biggest movers in the premarket: Eli Lilly (LLY) – The drug maker’s stock fell 3.6% in the premarket after it missed estimates with its quarterly results and cut its full-year forecast. Lilly’s performance during the quarter was impacted by lower prices for insulin and falling sales of its
Source: petovarga / Shutterstock One of the best ways to test an investment megatrend’s strength is to see how it fares during a recession. And that’s why I’m growing super bullish on EV stocks right now! U.S. gross domestic product has declined for two quarters in a row. That’s the textbook definition of a recession.
As soaring inflation continues to impose a dark cloud over American families, the Federal Reserve seemingly had little choice but to lift the benchmark federal funds rate, which effectively raises borrowing costs. However, this action also sucks the incentivization out of growth-oriented businesses, meaning that some companies will invariably represent stocks to sell. It’s not
Oil prices have continued to slide, taking wholesale and retail gas prices with them. The latest losses accelerated following U.S. data showing crude and gasoline stockpiles unexpectedly surged last week, and OPEC+ said it would raise its oil output target by 100,000 barrels per day. Light sweet crude fell nearly 4% to just above $90 per
In this article MRNA EA GILD A customer walks towards the entrance of a CVS Health Corp. store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017. Christopher Lee | Bloomberg | Getty Images Check out the companies making headlines in midday trading Wednesday. Gilead Sciences — Shares of the biopharma company rose
[embedded content] A new revolution is brewing in the automotive market. And the types of EV stocks you buy will depend entirely on a brand-new, underrated megatrend in the electric car industry: The Great EV Consolidation. In short, the number of electric vehicle companies will dramatically shrink over the next few years, not unlike that
Headquartered in San Francisco, Lyft (NASDAQ:LYFT) is an American ride-share business. Not only is the company reducing its workforce, but Lyft is also shutting down its business segment that rents cars to riders. Plus, an analyst recently provided a warning about LYFT stock as inflation-related headwinds could weigh on the company’s bottom line. Inflation is a concern
Check out the companies making headlines before the bell: CVS Health (CVS) – The drug store operator and pharmacy benefits manager saw its shares rise 3.8% in the premarket after beating top- and bottom-line estimates and raising its full-year earnings forecast. Results were helped by strong sales of over-the-counter Covid-19 tests as well as an
Source: Shutterstock [Editor’s note: “Hydrogen Stocks Reached a Critical Point and Are Primed to Soar” was previously published in April 2022. It has since been updated to include the most relevant information available.] They say timing is everything. And right now, the timing is perfect to look for hydrogen stocks to buy. By “right now,”
Macroeconomic headwinds continue to weigh on fintech stocks, and PayPal (NASDAQ:PYPL) is no exception. However, a recent development is helping to renew interest in this digital-first provider of payment solutions and other financial services. Activist hedge fund Elliott Investment Management is building a stake in PYPL stock. Per news reports, Elliott’s plan is to push
Shares of Robinhood Markets (HOOD) tumbled 2% after the company released earnings a day earlier than expected and announced it would cut 23% of its workforce. The job cuts mark the second round of layoffs for the brokerage as the company continues to get slammed from a sharp slowdown in customer trading activity. Robinhood’s stock price is down over
A sign is posted outside of the PayPal headquarters in San Jose, California. Justin Sullivan | Getty Images Check out the companies making headlines in extended trading. Match Group — Shares of the dating app operator tumbled as much as 23% after the company reported revenue of $795 million for the second quarter, compared with
[embedded content] All over the world, we’re hitting new hottest-on-record temperatures. And it’s really straining the energy grid. And we need to reinvent the wheel on how we produce, store, and distribute energy. More people than ever are using more energy than ever, so we are in dire need of solutions. I believe they don’t
[Editor’s note: “4 EV Stocks to Sell Before the Great EV Consolidation Kills Them” was previously published in June 2022. It has since been updated to include the most relevant information available.] Back in June, reports of electric van maker Electric Last Mile Solutions’ (ELMS) bankruptcy filing flew under the market news radar. Electric Last