U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserve Building in Washington, February 1, 2023. Jonathan Ernst | Reuters The Federal Reserve is expected to raise interest rates Wednesday by a quarter point,
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February was a good month for semiconductor stocks. After starting the year on a positive note, chipmakers’ stocks rose further last month. But as the chip makers started reporting their quarterly earnings and highlighted the dips of their inventories, their stocks fell But the semiconductor industry has made it through the pandemic and a long
It’s been a bumpy ride for investors of China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO) over the past year. Some data points indicate that a rebound in NIO stock might be coming, but don’t jump to any conclusions. If Nio is spending much more money than it’s generating, this will make it difficult for the company
Could First Republic Bank (NYSE:FRC) stock end up in penny stock territory? This question might have seemed absurd just a few months ago. Yet, First Republic Bank’s investors should now consider the urgent warnings of several experts on Wall Street. Before the year is over, the company’s shareholders could face increasingly steep losses. By now,
This year the National Institutes of Health is set to request its biggest budget yet for 2024, on the heels of its previous biggest budget in 2023. As the COVID-19 pandemic fades from view, labs will switch back to other avenues of research, often funded by the NIH. This higher level of funding, coming on
William Green speaks with Jason Zweig, who writes the Intelligent Investor column for The Wall Street Journal. Jason edited and updated the revised edition of Benjamin Graham’s The Intelligent Investor, which Warren Buffett hails as “by far the best book on investing ever written.” Jason also wrote Your Money and Your Brain, a classic guide
Let’s talk about TWTR (Twitter) and checkout the technical analysis of TWTR. As we look forward, do we watch to buy TWTR based on it’s price action or do we predict that the stock will drop from here? When we analyze the support and resistance of a stock like TWTR based on its technical analysis,
In this article FITB NYCB’A FRC TSLA Follow your favorite stocksCREATE FREE ACCOUNT A vehicle charges a Tesla Supercharging station in Corte Madera, California, US, on Thursday, March 2, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making the biggest moves in premarket trading: Tesla — The electric vehicle maker
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Amongst investors, sentiment for Lucid Group (NASDAQ:LCID) has clearly swung back to bearish. However, among the Wall Street analyst community, opinions on LCID stock differ. Sure, some sell-side analysts have downgraded the electric vehicle maker’s shares recently. Many other analysts, though, have maintained bullish ratings on the stock, but have reduced their price targets. With
The headlines are still buzzing about the implosion of SVB Financial (NASDAQ:SIVB) and its subsidiary, Silicon Valley Bank. Does this mean investors should steer clear of app-based bank SoFi Technologies (NASDAQ:SOFI) stock? Despite the market’s anxiety about the banking sector, at least one insider is buying SOFI stock. You can choose to keep SoFi on your radar
The wavering market is setting up potential breakout stocks for savvy investors. The S&P 500 exchange-traded fund (NYSE:SPY) retreated from its Feb. 2023 peak to gain only 1.98% for the year-to-date. The lack of direction sent the less followed stocks to close near a 52-week low. Cautious investors may take a while before they realize
The recent banking crisis has pushed Bank of America (NYSE:BAC) to new multi-year lows. At current prices, BAC stock hasn’t been this cheap since late 2020. Compared to this leading financial institution’s forecasted 2023 earnings ($3.45 per share), as well as its book value ($30.61 per share), I can see why many contrarian investors are
Although the data for January came in strong, economists, businesses and the market are still bracing for a consumer slowdown this year. With this in mind, it may be best to lower your exposure to the top retail stocks to sell. With the Federal Reserve intending to continue raising interest rates, in order to bring
With rising fears of a market meltdown stemming from the fallout in the banking sector, boring stocks to buy make plenty of sense. By boring, we’re not necessarily talking about the adjective in the literal sense. Rather, the focus centers on the resilience and most importantly predictability of the underlying businesses. Think about the everyday
While it’s always a good idea to balance your portfolio with defensive stocks, the present chaos dramatically incentivizes this subsegment. As you’ve no doubt heard, the U.S. and the rest of the world presently reel from two major banks failing. Moreover, the main concern centers on the contagion spreading to other components of the global
Peruse the Internet for investment guidance and you’re likely to hear the adage that you shouldn’t consider stocks to sell when faced with volatility. Rather, you should buy up assets and securities when there’s blood on the streets. To be honest, it sounds bold and daring and something that alpha males do. However, blind adherence
McKinsey estimates that the cloud adoption by Forbes Global 2000 companies could generate $3 trillion in EBITDA by 2030. That’s a big reason investors should consider the best cloud computing ETFs to buy. Sure, you could bet on Microsoft (NASDAQ:MSFT) to win the cloud computing race, and you’d probably do just fine. However, you’re exposing
When GameStop (NYSE:GME) reports earnings on March 21 after markets close, Wall Street expects a damp squib. Analysts anticipate revenues of only $2.18 billion, 3.2% less than last year’s figures. And net income should clock in at a -$48.5 million loss. Fewer new console games… a reduced store count… bad news from suppliers… we’re probably seeing
Shares of short squeeze stock Troika Media Group (NASDAQ:TRKA) collapsed 40% on March 7 after the firm released its latest financial report. It was bad. Although the firm posted a robust $187.9 million in revenues, earnings fell far short of even my most conservative estimates. Adjusted EBITDA barely reached $5 million in the six months