Finding stocks to sell that analysts are pessimistic about is a tough one. That’s because analysts are in the business of making their investment banking clients (or potential clients) look good. Consequently, you’ll often see many investment firms with hold ratings on particular companies. Of course, that indicates a negative view of a stock, but
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Sometimes, even the biggest technology companies have an off year. Such was the case with Apple (NASDAQ:AAPL), as AAPL stock didn’t reward its owners with outstanding returns over the past month. However, this doesn’t mean a $1,000 investment in Apple is a lost cause, as there could be a share-price rally just around the corner. It
Biden administration efforts to guarantee at least 500,000 electric-vehicle chargers across the U.S. in coming years got a boost with White House confirmation that Tesla will make at least 7,500 of its chargers — long notoriously limited to its own cars — open to any EV by the end of 2024. Tesla TSLA, +3.10% had
In this article AN TXRH RDFN CHRW AMAT ROKU DE DASH DKNG Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | LightRocket | Getty Images Check out the companies making headlines before the bell: DraftKings — DraftKings shares surged more than 8% after the sports betting company posted fourth-quarter results that beat expectations. The company
American industry is back. Accordingly, investors are increasingly looking at U.S. industrial stocks as a place to invest in this difficult market. The 2022 Inflation Reduction Act is one of the key drivers of industrial stocks investors are focusing on. Most of this Act’s $370 billion in aid is aimed at building supply chains, which start
A few weeks ago, it seemed as if “meme mania” for Lucid Group (NASDAQ:LCID) was returning for an encore. As I discussed in my last article on LCID stock, thanks to an unconfirmed buyout rumor, shares in this electric vehicle (or EV) maker made a “to the moon” move, to as much as $17.81 per
In January, media firm Buzzfeed (NASDAQ:BZFD) made headlines after its CEO proposed using ChatGPT to help generate “cultural currency” and “inspired prompts” for his site. The following week, meme stock Helbiz (NASDAQ:HLBZ) would join the frenzy… without any detail on how an e-scooter business benefits from using chatbots. Tongues would quickly start wagging. “The AI
Dear Quentin, After a terrible battle with dementia, my grandmother died a few weeks ago. She did not leave much, but I will — along with my siblings — receive about $40,000 in life insurance. I am trying to figure out how to best handle it. I have some credit-card debt that was incurred during
Under the Tax Cuts and Jobs Act, withholding tables were updated and changed. What does this mean for you?
Antony Ressler, co-founder of Ares Management, takes photos with students of the AltFinance Fellowship. Marcus Shaw, AltFinance The search for bigger profits and top talent is nothing new on Wall Street, but some firms are turning to an almost untapped resource: historically Black colleges and universities, or HBCUs. The AltFinance Fellowship is the brainchild of
In this article MRNA DKNG AN ALB ABNB DE Follow your favorite stocksCREATE FREE ACCOUNT Deere’s autonomous 8R tractor Deere Check out the companies making the biggest moves midday: Deere — Shares rose 7.7% after the company reported earnings-per-share of $6.55 for its fiscal first quarter, topping the $5.57 expected by analysts polled by Refinitiv.
Since the biotech bonanza of the pandemic era, many biotech stocks have rocketed up and then down in price. Ginkgo Bioworks (NYSE:DNA), Twist Bioscience (NASDAQ:TWST), and Amyris (NASDAQ:AMRS) all fell more than 75% from peak to trough, and may still have farther to fall. Still, improving monetary outlook and bold new ideas means these are
Are we really back in a bull market? Not everyone is convinced. Many analysts, economists, and market commentators say the rally in equities in recent weeks is yet another bear market bounce, and we will soon see stock prices test new lows. Some commentators, such as famed investor Michael Burry, say that valuations remain too high and
Can ChatGPT pick winning stocks? Many have already tried to goad OpenAI’s chatbot into the task. In January, a team at Bloomberg asked ChatGPT to pick a list of stocks for a market-beating ETF. They failed. ChatGPT’s safeguards immediately kicked in, leaving the writers with a generic non-answer about “unpredictable” markets and how they should
U.S. stocks were mixed Friday afternoon, with the S&P 500 index and Dow heading for modest weekly losses after hotter-than-expected inflation reports and commentary from Federal Reserve officials spurred investors to bet on more interest-rate hikes by the central bank. How stocks are trading The Dow Jones Industrial Average DJIA, +0.38% was up nearly 103
In this article TXRH MRNA AMAT DKNG DASH Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | LightRocket | Getty Images Check out the companies making headlines in midday trading. DoorDash — The online food delivery platform’s shares jumped 7% after it reported a revenue beat and upbeat guidance. The company’s fourth-quarter revenue came in
Automation and robotics are proving to be two megatrends of the 2020s. The pandemic, in particular, showed the vulnerability of our existing supply chains and labor supply. And the ensuing inflationary period we’ve seen since then has forced companies to take a hard look at their costs and try to maximize the efficiency of their
On the heels of recent spy balloon incidents, tensions between the U.S. and China are again on the rise. What does this mean for shares in China-based EV maker Nio (NYSE:NIO)? Admittedly, not much. Sure, while it may serve to re-heighten past de-listing fears for NIO stock, for now, it does little to change the story
Once a seemingly unstoppable business, Amazon (NASDAQ:AMZN) is now facing difficulties that could weigh on AMZN stock for a while. This doesn’t mean Amazon won’t survive. The e-commerce giant’s shareholders will probably prevail in the end, but the next few months could be challenging. The Amazon share price has dropped from $185 to around $100, and
NatWest Group PLC on Friday posted a rise in pretax profit for the fourth quarter of 2022, which came in slightly ahead of market views, and said it intends to start a share buyback program of up to 800 million pounds ($959 million) in the first half of 2023. The U.K. bank NWG, -8.28% posted