With SoFi (NASDAQ:SOFI) likely to continue to be hurt by the Biden administration’s policies on student loans and the company still facing many other tough challenges, I am still recommending that investors sell SOFI stock. As Seeking Alpha columnist Business Quant explained in a recent column on SOFI stock, the moratoriums on student loan payments
Month: May 2022
Everyone knows that investment banking is a lucrative field. Entry-level jobs quickly provide six-figure salaries. Senior investment bankers earn tens of millions of dollars every year. Getting to the top of this field is a multi-step process that requires a combination of education, ambition, hard work, skill, experience, connections, and sometimes more than a little
El Pollo Loco Holdings Inc. reported first-quarter sales that beat expectations, and says the second quarter is off to a strong start thanks to a limited-time Shredded Beef Birria menu item. El Pollo Loco’s take on the food trend is shredded beef served in tacos, quesadillas and burritos with consomé dipping sauce, chips and salsa.
What happened to Snap (NYSE:SNAP) stock? Over the last month, shares of Snapchat’s parent company are down 30% in the last month. That’s worse than every other social media stock. It wasn’t that long ago that SNAP stock was running high, coming off a historic fourth-quarter earnings report in which it reported its first quarterly
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
You’re supposed to receive a receipt for everything you purchase, but do you get a receipt for what might be your largest monthly expense? If you’re renting, you might be paying tens of thousands of dollars annually and without having actual proof that you paid anything at all. There are plenty of reasons why you
By Maria Martinez German industrial production fell sharply in March due to an intensification in supply-chain problems and higher input prices. Total industrial output–comprising production in manufacturing, energy and construction–fell 3.9% in March compared with the previous month in calendar-adjusted terms, statistics office Destatis said Friday. Economists polled by The Wall Street Journal had forecast
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
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
Americans were sitting on $9.9 trillion in home equity at the end of 2021, a record high. At the same time, student loan debt hit a staggering $1.747 trillion. For individuals without the savings to cover the astronomical cost of college these days, tapping into home equity via a home equity loan is a very
The Community Reinvestment Act (CRA) stands as a major effort by lawmakers to prevent banks from discriminatory lending practices in low-to-moderate income communities, but it was enacted in 1977 and hasn’t been updated since 1995. Conceived in the civil rights era and passed in the post-Watergate reform era, the Community Reinvestment Act (CRA) stands as
Tesla (NASDAQ:TSLA) has been swooning lately, but not due to fundamental reasons. Keep in mind, TSLA stock enjoyed an initially strong rally after the company reported better-than-expected earnings. Despite various headaches over the last few months, the company continues to find a way to deliver. So what’s the issue? CEO Elon Musk has been selling
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, April 6, 2022. Brendan McDermid | Reuters How do you spell “capitulation?” F-E-A-R. That’s what this market breeds, and there has been no escape from that wild bear out for your lunch. Putting it in the starkest black and white,
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