Jerome Powell, Federal Reserver Governor. Katie Kramer | CNBC The Federal Reserve just raised its benchmark interest rate by half a percentage point, its largest such move in more than two decades, as it seeks to tame inflation. The central bank’s actions mean that, in an era of sharply rising prices for everything from food
In this article UAA PTON A Peloton exercise bike is seen after the ringing of the opening bell for the company’s IPO at the Nasdaq Market site in New York City, New York, U.S., September 26, 2019. Shannon Stapleton | Reuters Check out the companies making headlines in midday trading Friday. Peloton — Shares of
Speaker and sound equipment maker Sonos (NASDAQ:SONO) has been overtaken with static over the past year. SONO stock has slipped more than 40% over the past 12 months following a sizable rally during the Covid-19 pandemic. With the recent dip to $21 per share, Sonos is now trading back to around the original $20 level it
Business development companies (or BDCs) offer generous yields to income investors. Great Elm Capital (GECC) is a BDC that makes loans and middle market investments. Newtek Business Service (NEWT) provides financial and business services to small and medium-sized businesses in the U.S. Capital Southwest (CSWC) offers credit and private equity investments in middle market companies,
Camber Energy (CEI) is a questionable carbon capture play. CEI stock is a battleground stock that’s being won by shorts. Being positive on CEI for an unproven business pivot doesn’t justify a buy in today’s market. Source: OlegRi / Shutterstock They say there’s a right time and right place for everything. And if we’re to
The S&P 500 has been getting pummeled. That goes for the index, the S&P futures (ES) and the SPDR S&P 500 ETF (NYSEARCA:SPY). SPY stock is not the worst performer of the major U.S. indices, though. The Nasdaq is, barely edging out the Russell 2000, with its 26% decline. SPY is down about 15% from
In this article BLK SPY TSLA Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Florida. Marco Bello | Getty Images Elon Musk and Cathie Wood took aim at index funds in a
In this article SPCE LYV SG DBX ZG DASH 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: Block — Shares rose more than 5% after hours despite Block missing
After a Q1 earnings miss lass week, Alphabet (GOOG, GOOGL) stock is trading just above 2022 lows. YouTube ad revenue dropped, but the company still grew overall revenue 23% and its Pixel hardware could become more of a factor going forward. Investors should take advantage of the long-term growth potential of GOOG stock while it
Fisker (NYSE:FSR), an electric vehicle (EV) maker that wants to create the most sustainable cars in the world, recently reported its first-quarter 2022 financial results. It also provided updates on its production plans. Now, investors may be wondering if FSR stock is a buy. I argue it is not for the following reasons. First, Fisker
ChargePoint (NYSE:CHPT) is a California-based company that provides electric vehicle (EV) charging networks and charging solutions. The company went public via a special-purpose acquisition company (SPAC) and was initially highly popular with traders. CHPT stock shot up as high as $45 in late 2020 following the launch of its SPAC deal. Since then, however, ChargePoint has
TD Ameritrade and E*TRADE are both very large brokerage firms that have been in the online trading business from its early days. E*TRADE was formed in 1982 as an online broker, while TD Ameritrade was founded in 1975 and began online brokerage operations in 1994. Both companies offer commission free stock and ETF trading, and
People walk through the North American Bitcoin Conference held at the James L Knight Center on January 18, 2022 in Miami, Florida. Joe Raedle | Getty Images The Luna Foundation Guard has acquired $1.5 billion in bitcoin to bolster the reserves of its most popular stablecoin, known as U.S. Terra. Stablecoins are cryptocurrencies that aim
In this article TWTR SHOP-CA Elon Musk twitter account is seen through Twitter logo in this illustration taken, April 25, 2022. Dado Ruvic | Reuters Check out the companies making headlines in midday trading Thursday: EPAM Systems — Shares jumped 10% after the computer software company posted better-than-expected results for the previous quarter. EPAM reported
Chinese electric carmaker Nio (NYSE:NIO) is again in the news. It is producing cars at its newest production facility, NeoPark, in the province of Hefei. In September, the company will release its latest model, the ET5, and has started test production at the facility, and investors are watching to see how it affects NIO stock.
With stability becoming a major concern under present volatile conditions, these high-yielding dividend stocks to buy offer much-needed comfort. Rio Tinto (RIO): Featuring a yield of nearly 12% and a relevant business, RIO deserves a long look among dividend stocks to buy. China Petroleum & Chemical (SNP): While suffering from the pandemic and severe geopolitical
Wall Street doesn’t seem to be taking the latest news about Lordstown Motors Corp. (NASDAQ:RIDE) stock well. Lordstown on Monday announced that it’s pushing back its deal to sell its Ohio factory to Hon Hai Precision Industry Co (OTCMKTS:HNHPF), which operates as Foxconn. The deal was supposed to close by April 14, but the extension
In principle, the latest development out of the Federal Reserve (Fed) bodes well for cryptocurrency miner Marathon Digital Holdings (NASDAQ:MARA). One of the biggest beneficiaries of the digital asset boom of 2021, MARA stock exceeded $76 at its peak during the new normal, a multiyear high. However, risk-off sentiment clouded the broader capital markets this
The Etsy website Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Etsy — Shares of the e-commerce company plunged by more than 12% after Etsy’s revenue guidance for the second quarter came in lighter than anticipated. The company CFO also said on the earnings call that “consumers
Pfizer (PFE) stock looks cheap after reporting record results from its Covid-19 vaccine. The rest of the year should look even better as sales ramp up for its Covid-19. Investors should worry about where its new CFO invests the cash. Source: Manuel Esteban / Shutterstock.com Pfizer (NYSE:PFE) stock rose 2% after earnings beat street estimates.