The Big Apple is living up to its name as one of the most expensive places to live, with rents at record heights. As government officials and companies try to bring more workers back into the city, a new report by real-estate company Douglas Elliman and appraiser Miller Samuel found that rents were up in
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Cars are seen parked in front of a Dick’s Sporting Goods store at Monroe Marketplace in Pennsylvania. Paul Weaver | SOPA Images | LightRocket | Getty Images Check out the companies making headlines before the bell: Yelp — Yelp shares surged 11.4% in premarket trading. Activist investor TCS Capital Management confirmed reports that it’s built
As if investors haven’t had enough to think about these last few years, now there’s a debt ceiling crisis to consider. But a little perspective can go a long way. First, this isn’t the first time the United States has butted up against its debt ceiling. And despite the posturing on both sides, there is
Artificial intelligence has become one of the hottest stories of the decade, creating big opportunities for AI stocks. In fact, ever since the release of the AI chatbot ChatGPT, interest in the AI story has only gotten hotter, with top tech companies racing for a bigger piece of the AI pie. What makes the story
We’ve rolled through a bulk of earnings season, but now we’re hearing from the retail sector. So far, it’s been hit-and-miss, and the retail sector has struggled. That said, there are some of the best retail stocks to buy amid the mess. Consumer spending is the lifeblood of the U.S. economy. Put simply, we live in a
The numbers: The biggest part of the U.S. economy sped up in May, S&P Global surveys showed, but manufacturers lagged behind. The S&P Flash U.S. services-sector index rose to a 13-month high of 55.1 in May from 53.6 in the prior month. Most Americans are employed on the service side of the economy: High-tech, health
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In this article DKNG ZION PFE MU FL Follow your favorite stocksCREATE FREE ACCOUNT Pacific Western Bank signage is displayed outside of bank branch in Beverly Hills, California on May 4, 2023. Patrick T. Fallon | AFP | Getty Images Check out the companies making headlines in midday trading. PacWest Bancorp — Shares rose 14%. The
Fifth-generation (5G) wireless technology is igniting a digital renaissance worldwide. The sector is brimming with contenders that could potentially become juggernauts in the space. However, in selecting the best 5G stocks to buy now, it’s imperative to exercise caution. After all, with any technology, such as 5G, the potential for a robust upside is massive.
It may be time to sell some of the top energy stocks, especially as they become overvalued. Sure, according to the International Energy Agency, rising post-Covid demand from China, coupled with tight supply, suggests that a crude oil rebound is possible later this year. However, U.S.-driven factors such as debt ceiling uncertainty and continued interest rate hikes
Shares of Troika Media Group (NASDAQ:TRKA) tumbled 25% last Thursday after the firm revealed it had received a Staff Delisting Determination from the Nasdaq exchange. Troika had failed to meet two previous deadlines of reaching a $1 minimum bid price, and no further 180-day extension was granted. That means the popular meme stock now has
The housing market has cooled in recent years, but it’s still hot in some parts of the U.S. “It’s an exciting time to be a realtor in Gainesville,” said Dani Burns, who joined the real-estate profession 21 years ago, and who now works with Keller Williams Lanier Partners. Out of the 15 homes she’s sold
Apple phones on display in an Apple store on May 04, 2023 in Miami, Florida. Joe Raedle | Getty Images Check out the companies making the biggest moves in premarket trading: Apple — Shares of the iPhone maker fell about 1% premarket after Loop Capital downgraded Apple’s stock to hold from buy. Loop predicts that
Momentum stocks are securities that are rising fast and seeing their gains accelerate. This is often because a given stock has one or more catalysts that have led to a rally in its share price. Catalysts can include strong earnings, regulatory approval of a new product or service, a sizable stake taken by a notable
The practice of short selling is highly controversial and under renewed threat from regulators and politicians who are considering a ban on the practice. Short selling is essentially when traders and investors bet that a stock’s price is going to decline over a certain period of time. These are generally companies that are widely-considered to
As the saying goes, “nothing ventured, nothing gained.” That’s the trade-off with high-risk stocks. In exchange for the risk of sustaining large losses, investors in risky equities receive the potential for massive gains. During the 2020/2021 runaway bull market, risk-hungry investors crushed it, as speculative growth stocks soared to lofty prices. This was thanks in large
Gold prices headed lower on Monday, adding to last week’s losses, as traders waited to see how the debt-ceiling debate in Washington would shake out — while a stronger U.S. dollar has eaten away at some of the yellow metal’s gains. Price action Gold futures for June delivery GC00, -0.32% GCM23, -0.32% were off by
Stock screeners can help investors identify stocks to buy based on a variety of criteria. In fact, one helpful predictor of stock price growth can be found with analyst ratings. Though not perfect, an analyst rating can indicate where institutional investor sentiment lies. In this article, I used a screener to help find stocks that
Electric vehicle battery technology company QuantumScape (NYSE:QS) might seem like a promising startup in a potentially hyper-growth niche industry. However, financial traders should maintain low expectations for QS stock in 2023. It’s a harsh reality to face, but QuantumScape’s financials aren’t ideal. Moreover, the company’s progress toward product commercialization is moving at a snail’s pace. QuantumScape
Succeeding in the increasingly crowded electric-vehicle market isn’t a walk in the park for any company. As a result, I’m convinced some EV stocks will be winners and some will be losers. That being said, investors have to be careful when they’re selecting EV stocks to buy. Also noteworthy is that I completely agree with Sino