Over the past few weeks, Occidental Petroleum (NYSE:OXY) stock has moved back towards its 52-week high. Positive news regarding oil and gas prices have of course been a big factor in the oil and gas giant’s recent performance. Despite sliding back to the low-$80s per barrel, a lot still points to crude oil prices remaining
Here’s a name you might not be very familiar with: Sociedad Quimica y Minera de Chile (NYSE:SQM). That’s a mouthful, but SQM stock could have generational wealth-building potential as the company extracts vast quantities of lithium. This will be essential for electric vehicles and especially their batteries in the coming years. As we’ll see, Sociedad Quimica’s financial
One of the key indicators investors are looking at these days when deciding where to invest their money is layoffs. The strategy, referred to as a layoff watch, is quietly gaining a niche-following in investing circles. With this strategy, analyze companies that have announced layoffs to understand if it is better to enter or exit
One of the hardest-hit sectors following the onset of the pandemic centered on air transportation, which brings an awkward segue for top airline stocks to buy. After all, at one point between Feb. and April 2020, air passenger revenue miles cratered nearly 97%. During the worst of the crisis, many analysts feared the worst for
One of 2022’s defining market trends has been the rise of the electric vehicle (EV) sector. What began as an entire industry centered around one company has boomed into a stock market staple. Despite a turbulent year, Tesla (NASDAQ:TSLA) has retained its spot at the top of the EV race, although both old and new
With borrowing costs likely to rise further, as the Federal Reserve attempts to control inflation, it’s time for investors to consider real estate stocks to sell. I get it. Bearish topics don’t appeal organically, as do bullish ones. However, it’s also time for a reality check. You can have higher home prices or higher interest
Updated: Feb. 1, 2022 Our goal is to be the most complete and inclusive financial education and news outlet online. Over the last two years, we have sought to address the unique challenges faced by the Black, Indigenous, or People of Color (BIPOC) within financial systems, and to examine closely our approach to content to
In this article TSLA BABA LVS WYNN SBUX CAR MYOV T Follow your favorite stocksCREATE FREE ACCOUNT People wait in line at Avis rental agency in the Miami International Airport Car Rental Center. Joe Raedle | Getty Images Check out the companies making the biggest moves midday: Tesla — Shares of the electric vehicle company
Over the last two weeks, my team and I have embarked on our biggest stock buying spree since the Covid-19 pandemic emerged in March 2020. We’ve done so because dozens of the fundamental, technical, and sentimental indicators that we closely track have hit extremes recently. And they’re extremes that they only tend to hit when
Some folks choose to invest in video-game retailer GameStop (NYSE:GME) for the short-squeeze potential. Others might take a position because they’re anticipating strong financial growth from GameStop. However, the best reason to hold GME stock for five years is that the company is going all-in on non-fungible tokens (NFTs) and the cryptocurrency market. It’s mind-blowing to
Some of the world’s largest tech companies report earnings this week, including Apple, Alphabet, Meta Platforms, Microsoft, and Amazon. After shares of Snap (SNAP) sank over 28% on Friday on disappointing revenue, Meta Platforms, Alphabet, Twitter, and Pinterest were all under pressure as well amid fears advertisers may pull back on spending. On Tuesday, Alphabet is expected to post
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla fell 2.5% in the premarket after cutting Model 3 and Model Y prices in China by up to 9%. The price cuts come amid signs of softening demand in China. Chinese EV makers are also seeing their shares under
WhatsApp was founded in 2009 by Brian Acton and Jan Koum as an alternative to pricey SMS services. The app allows users to upload their contact book and message anyone who has the app installed, at no cost. It is available for iPhones, Androids, and desktops. Meta (FB), formerly Facebook, purchased WhatsApp in February 2014
I’m generally the positive type. Still, as I look at the market, the math isn’t on my side. Inflation remains near 40-year highs and yet employment also remains at historically high levels. As a result, the Fed will keep raising interest rates. So it’s time to think about finding stocks to sell for profits. Here’s
Want to strengthen your portfolio’s risk-return profile? Adding bonds can create a more balanced portfolio by adding diversification and calming volatility. But the bond market may seem unfamiliar even to the most experienced investors. Many investors make only passing ventures into bonds because they are confused by the apparent complexity of the bond market and the
Some factors that may be worth considering when deciding which stocks to sell include market trends, industry trends and overall analyst sentiment around each given stock. For example, if a particular industry is struggling or if an individual company is facing major losses or scandals, it may be wise to liquidate one’s holdings in that
Admittedly, EVgo (NASDAQ:EVGO) stock doesn’t represent the only electric vehicle charging company out there. Yet, EVgo is a serious threat to the competition as the company is building out its charging station network at an impressive pace. Besides, EVGO investors should appreciate the fact that EVgo is currently a profitable business venture – not something that
With its next quarterly earnings release a little over a week away, buzz about SoFi Technologies (NASDAQ:SOFI) stock is again on the rise. While still trading near its 52-week low, SOFI stock bulls anticipate that the fintech firm will beat expectations with its upcoming fiscal results. In turn, propelling shares back up to higher prices.
Index Fund vs. ETF: An Overview Learning investing basics includes understanding the difference between an index fund (often invested in through a mutual fund) and an exchange traded fund, or ETF. First, ETFs are considered more flexible and more convenient than most mutual funds. ETFs can be traded more easily than index funds and traditional
Although the United States is not the largest country on Earth (either by landmass or population), it is the world’s biggest economy in terms of gross domestic product (GDP), a position it has maintained since 1871. GDP measures the total value of goods and services a country produces over a given time period. This offers