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
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler testifies before a Senate Banking, Housing, and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, September 14, 2021. Evelyn Hockstein | Pool | Reuters SEC Chairman Gary Gensler and his staff have been very busy lately, and they are about to
In this article SNAP CLX BJ BMY REGN AMZN Check out the companies making headlines before the bell: Regeneron Pharmaceuticals (REGN) – The drugmaker reported adjusted quarterly earnings of $23.72 per share, beating the $18.35 consensus estimate. Revenue also topped the forecast on strong sales of the company’s Covid-19 antibody therapy as well as its
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
Shares of up-and-coming electric vehicle (EV) startup Rivian (NASDAQ:RIVN) surged following its initial public offering (IPO) late last year. In fact, RIVN stock skyrocketed more than 100% from its IPO price of $78. However, the stock is down over 40% in the past three months. Now, investors are skeptical about the stock and its ability
Investors in QuantumScape (NYSE:QS) haven’t had much to cheer since the electric vehicle battery maker went public via a merger with special-purpose acquisition company Kensington Capital Acquisition in November 2020. On its first day of trading, QS stock soared nearly 50%. Less than a month later, shares hit a high of $132.73, 465% above where
Investing is a high-risk, high-reward activity that requires a lot of research and time. But what if you could invest in the best new stocks with just a few clicks? The Robinhood (NASDAQ:HOOD) app offers stocks to buy and sell, exchange-traded funds (ETFs), options and more. Robinhood stocks are an appealing option for investors looking
Real estate investment trusts, or REITs, are often a great source of passive income as the names in this sector are required by law to distribute at least 90% of their taxable income in the form of dividends. This usually leads to stocks yielding well above the average yield of the S&P 500 index, which
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
In this article SNAP AMZN CLX PINS F RIVN The Amazon logo displayed on a smartphone and a PC screen. Pavlo Gonchar | LightRocket via Getty Images Check out the companies making headlines after the bell: Amazon — Shares of Amazon popped more than 18% after hours following a strong quarterly report. The company reported
Last month’s rate hike-driven drop for stocks drove another big slide for GameStop (NYSE:GME). But as the market eases slghtly about higher interest rates, GME stock — the one that started the whole meme-stock phenomenon — has started to bounce back. Source: Emil O / Shutterstock.com Briefly falling below $100 per share for the first
While journalists were writing negative headlines about Spotify Technology (NYSE:SPOT) over its Joe Rogan saga, investors began buying the stock. Then the bottom dropped out. SPOT stock lost nearly half its value between last February and January 31. Source: Kaspars Grinvalds / Shutterstock.com In the succeeding days, it rose 15%. Then, after a net loss
Three of the biggest Chinese electric vehicle (EV) makers reported a decline in deliveries for January. Nio (NYSE:NIO) was no exception. It saw vehicle deliveries fall to 9,652, 8% lower than in December. But, surprisingly, NIO stock isn’t falling on the news. Source: Robert Way / Shutterstock.com As a glass-half-full kind of person, I look
Intel Corp. (NASDAQ:INTC) stock just reported excellent fourth-quarter 2021 earnings on Jan. 27 and its 2021 full-year earnings. In addition, the company also reported a huge amount of free cash flow (FCF) — $11.3 billion — for the full year. As a result, INTC stock is likely to rebound significantly from where it is presently
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
Traders on the floor of the NYSE, Feb. 2, 2022. Source: NYSE Thursday is the halfway point for fourth-quarter earnings season. The good news is corporate America is flush with cash. The bad news is 2022 estimates don’t look anywhere near as robust as 2021. The highlights so far: Revenues are at record highs. Corporate America
In this article MRK BIIB CAH LLY HON FB Check out the companies making headlines before the bell: Eli Lilly (LLY) – The drugmaker beat estimates by 3 cents with adjusted quarterly earnings of $2.49 per share, while revenue beat forecasts as well. Results were boosted by a jump in sales of Lilly’s Trulicity diabetes
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
After a rough few weeks, Rivian Automotive (NASDAQ:RIVN) — like other major electric vehicle (EV) stocks — has started to bounce back. Starting on Jan. 31 when it surged 15%, RIVN stock has been trending higher. After falling to a low of around $50 per share, the stock is back to the $64 mark. Source:
Will the real Rivian (NASDAQ:RIVN) please stand up? Six days after going public, RIVN stock charged to a closing price of $172.01. That was 128% above its initial public offering (IPO) price of $78. But as of this writing, the stock can be had for 17% below its IPO price. Source: James Yarbrough / Shutterstock.com