Daily Trade

After getting burned by the latest with the “student loan saga,” SoFi Technologies (NASDAQ:SOFI) investors have found a new reason to remain bullish on SOFI stock. That would be news of insider buying of the fintech firm’s shares, by CEO Anthony Noto. As InvestorPlace’s Eddie Pan reported last week, Noto has purchased $7.4 million worth

Incendiary social media influencer Andrew Tate and his brother were busted in Romania on Thursday related to sex-trafficking allegations, according to a report. Police in tactical gear descended on a villa Andrew Tate and brother Tristan were staying at Thursday to detain the British brothers on kidnapping and rape charges, judicial sources told Romanian outlet Libertatea. Video shows

It’s no secret that investors of California-based neo-banking firm SoFi Technologies (NASDAQ:SOFI) have struggled in 2022. Yet, now is a time to hold SOFI stock, not dump it. If you need a real confidence-booster, check out the insider buying activity and you’ll be convinced to stay in the trade with SoFi Technologies. Is it possible

Shares of Apple Inc. moved higher on Thursday after four straight days of declines, after a report indicated that iPhone production capacity in China was improving — even as a reopening from COVID-19 lockdowns leaves that country facing rising rates of infection. Apple’s AAPL, +3.25% stock was more than 3% higher in Thursday afternoon trading.

The last thing United Airlines (NASDAQ:UAL) stock needs now is controversy. However, it seems that the carrier is involved in a scandal that’s grabbing the headlines. Still, this probably won’t have a long-term negative impact on UAL stock. Indeed, the shares are worth a “B” rating because United Airlines offers an interesting clean-energy angle for

Hi, MarketWatchers. Don’t miss these top stories. I’m over 65, disabled, and am getting a $200,000 divorce settlement. Can I afford a house in Florida, or should I look in other states? ‘I really cannot buy any housing over that $200,000.’ Read More Take MarketWatch’s 2022 Quiz: How much do you know about the biggest

There’s no denying it: Google and YouTube parent company Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is, like many other technology names, out of favor on Wall Street. However, this isn’t a valid reason to give up on GOOG stock. Alphabet’s still a tech leader and innovator, and if you don’t take a share position now, you’ll probably regret

Harris Kupperman, the president of Praetorian Capital, made a couple of interesting calls heading into 2022. He predicted that stocks of the giant tech-oriented companies that led the bull market would be sold off, and that oil prices would continue to rise through the end of 2022. The first prediction came true, while the second

U.S. Transportation Secretary Pete Buttigieg weighed in on Southwest Airlines’ holiday-weekend implosion Tuesday, promising customers that his department will hold the airline accountable. “Their system really has completely melted down,” Buttigieg said in a CNN interview Tuesday evening. Buttigieg said he had spoken earlier in the day with Southwest Chief Executive Bob Jordan, and “I

Although geopolitics and brewing ideological directives (such as initiatives to combat climate change) cloud the longer-term trajectory of hydrocarbons, the reality is that investors can reasonably have confidence in the top oil stock predictions for 2023. Essentially, the underlying resources offer a mixture of infrastructural support and high energy density. Therefore, getting rid of fossil

If you are a middle-income earner, you may be in a much better position tax-wise than you realize. That’s good news: You may be able to take advantage of that better position to strengthen your retirement income plan years into the future. With a simple change in the structure of your retirement accounts, you can

Southwest Airlines Co. canceled more than two-thirds of its flights Monday and plans to slash its schedules Tuesday and Wednesday, in a meltdown that stranded thousands of customers and that worsened while other airlines began to recover from the holiday winter storm. “We had a tough day today. In all likelihood we’ll have another tough day tomorrow as we work

A pharmaceutical nonprofit was granted priority review from the Food and Drug Administration to make an inexpensive overdose-reversal drug for use without a prescription.  Harm Reduction Therapeutics Inc. said its 3-milligram nasal spray naloxone formulation, called Rivive, had three times higher concentration in the blood of 36 participants than naloxone delivered as a shot. The company said

Dear Quentin, I’ve reached the point in my life where I want to settle down, but I recently had a disagreement with a friend about my priorities, and I would appreciate your perspective. I’m 46, a college-educated singleton, and earn $210,000, not including my annual bonus. I have paid off my student loans and own

Dear Fix My Portfolio,  I’m a retired educator, and I’m just turning 72. I’m about to start taking my required minimum distributions. I don’t need the full amount, but I guess I have to take it anyway. I don’t know when the best time is to take the RMDs. Is it best to take it

Dear Quentin, My brother just recently passed away in June. Instead of leaving his belongings to his siblings, he chose to donate to charity — that is, his home, furnishings and all of his remaining cash. I don’t understand why he would make such a decision. We are surprised and bewildered. He has left a

Investors have had a rough 2022 — the worst year since the financial crisis in 2008. There’s been a perfect storm of falling stock and bond prices as the Federal Reserve has raised interest rates to bring down inflation. But is the worst over? Oaktree Capital Management’s Howard Marks argues that the new interest-rate environment

Caroline Ellison has apologized for stealing billions in customer deposits at crypto exchange platform FTX to make bets at Alameda Research, the hedge fund she ran. “‘I am truly sorry for what I did.’” — Caroline Ellison, former head of Alameda Research Ellison made her comments in front of a judge in New York federal

Dear Fix My Portfolio,  What’s the best strategy if I plan to use my RMD for charitable contributions?  James Dear James,  You asked just in time! You have until Dec. 31 to make a qualified charitable distribution (QCD) from your IRA or other tax-deferred retirement plan and have it count toward your required minimum distribution

Dear Tax Guy, I have a 24-month bank CD earning 2%. The same bank is now offering 3.5%, 24-month CD. I would like to take advantage of the higher rate. I know that I would incur a 6-month interest penalty for early withdrawal. Can I deduct the interest penalty from my 1040? Seeking CD Help