A contractor for First Solar works on construction of a solar project in Imperial County, California. Sam Hodgson | Bloomberg | Getty Images The Biden Administration said Friday that it will extend Section 201 tariffs on imported solar cells and panels for another four years, but with several changes to existing provisions. The tariff rate
Investing News
NEWS ALERT February 3, 2022, 10:13 a.m. EST: Meta stock plunged 25% Thursday morning after the social media giant reported disappointing 2021 earnings and forecast revenue growth next quarter would fall short of analyst expectations. The company also reported its first-ever decline in daily active users on its Facebook app. Meta Platforms Inc. (FB), the
In this article C Citi CEO Jane Fraser makes brief remarks during a meeting with U.S. President Joe Biden and fellow chief executives to discuss the looming federal debt limit in the South Court Auditorium in the Eisenhower Executive Office Building on October 06, 2021 in Washington, DC. Chip Somodevilla | Getty Images Frustration has
Ken Griffin, Founder and CEO, Citadel Mike Blake | Reuters Billionaire investor Ken Griffin’s hedge funds crushed the market in January as a spike in volatility and a steep sell-off in growth stocks created an ideal environment for fast-money traders. Citadel’s multistrategy flagship fund Wellington gained 4.71% last month, according to a person familiar with
Established on Dec. 16, 1998, the Financial Select Sector SPDR Fund (XLF) aims to provide investment results similar to the performance of the S&P Financial Select Sector Index by allocating its holdings similar to the index’s holdings. XLF aims to track the financial sector and allocates its fund in the banking, insurance, real estate investment
In this article MSTR BTC.CM= Tighter government crypto regulations would actually be a positive catalyst for bitcoin, MicroStrategy co-founder and CEO Michael Saylor told CNBC on Wednesday. “Additional regulatory clarity from the [Biden] administration is going to benefit bitcoin and accelerate institutional adoption of that asset,” Saylor said on “Squawk on the Street,” stressing as
In this article LATGU FOUN A trader is comforted by a coworker as they work on the floor of the New York Stock Exchange (NYSE) on March 1, 2018 in New York City. Eduardo Munoz Alvarez / Getty Images (Click here to subscribe to the new Delivering Alpha newsletter.) The oversaturated SPAC market is continuing to get
General Electric Co. (GE) is a global industrial company that provides power generation, renewable energy, industrial aviation products, and healthcare products and services. The company also offers financial products and services. GE serves customers in 130 countries and has manufacturing and service operations globally. GE operates in industries that require continual investment in research and
In this article ASTR The company’s rocket LV0008 stands on the launchpad ahead of the ELaNa 41 mission for NASA. Astra | John Kraus Rocket builder Astra is preparing to launch from Florida for the first time as early as this weekend, with the company expecting to soon receive its Federal Aviation Administration license for
CNBC’s Jim Cramer said Monday that investors should not bet against Federal Reserve Chairman Jerome Powell and his approach to fighting inflation. “I just think that everyone has decided that inflation is going to last years and without multiple [interest rate] increases, Jay is going to be very wrong,” Cramer said on “Squawk Box.” “I
The financial crisis of 2008 and the great recession that followed is still fresh in the memories of many investors. People saw their portfolios lose 30% or more of their values, and older workers saw their 401(k) plans and IRAs drop to levels that threatened their plans for retirement. Instead of acting rationally during severe
JohnnyGreig | E+ | Getty Images Embracing diversity is good for business. More diverse companies, both at board level and throughout the workforce, can outperform on financial metrics such as return on equity and higher earnings per share. They can also generate higher returns compared to their indices, according to GS Sustain 2020. Moreover, embracing
Lately, Russia has been saber-rattling and building up its military presence on its border with Ukraine, a sign that Putin may soon invade–and drawing the U.S. and NATO into war. There is also the ongoing possibility of an armed conflict between the U.S., its allies, and Iran. So far the U.S. has spent an estimated $6.4
(Click here to subscribe to the new Delivering Alpha newsletter.) On this day last year, investors watched in amazement as GameStop shares surged to a record high of $347.51. The stock had skyrocketed amid a trading frenzy brought on by retail investors swapping stock tips — and related memes — on social media. Professional investors also got
In this article SHOP-CA FB UBER HUBS NOW People wear protective masks in front of Uber Technologies Inc. headquarters in San Francisco, California, U.S., on Wednesday, June 9, 2021. David Paul Morris | Bloomberg | Getty Images The latest bout of market volatility has been nothing short of stomach-churning for short-term investors. Indeed, a sell-off
The National Football League (NFL) is the most successful American sports league in history. For all the talk of North America’s Big Three sports (or Big Four for hockey fans), the reality is that there’s pro football, and then there’s everything else. In 2015, the NFL gave up the tax-exempt status it had held since
NurPhoto | NurPhoto | Getty Images One hedge fund got the GameStop trade just about perfectly right last year — buying it under $10 and selling when the meme stock peaked. The sell signal it used? An Elon Musk tweet. That’s how 2021’s top-performing hedge fund Senvest Management was able to notch $700 million in
In this article HOOD Baiju Bhatt and Vlad Tenev attend Robinhood Markets IPO Listing Day on July 29, 2021 in New York City. Cindy Ord | Getty Images Robinhood clawed back its major losses on Friday as investors looked past disappointing guidance from the company and rallied around progress on new product developments. Shares of
Robinhood Markets Inc. is a financial technology (fintech) company that operates an online discount brokerage offering commission-free trading. It provides a web- and mobile-based financial services platform that allows users to invest in and trade stocks, exchange-traded funds (ETFs), options, and American depositary receipts (ADRs). It also allows users to invest in certain cryptocurrencies based
The stock market needs to get worse before it can get better, CNBC’s Jim Cramer said Friday. “I’m looking for a day where people to say ‘I give up,'” Cramer said on “Squawk Box,” heading into another wild trading day, with both the Nasdaq and the S&P 500 now in correction territory. “We have to
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