Daily Trade

Shares of Bed Bath & Beyond Inc. BBBY, -6.30% soared Monday, to buck broad-market weakness for a second day, as meme-stock investors expressed optimism ahead of the home goods retailer’s strategic update. The stock rocketed 24.8% to close Monday at $13.35 while the S&P 500 index SPX, -1.04% slipped 0.7%. The stock shot up another

Electric vehicle manufacturers got a shot in the arm last week when California announced it would end the sale of 100% gasoline-powered cars and trucks by 2035. While the legislation will allow the sale of plug-in electric hybrids (PHEVs), the news can only help already hot EV stocks.  The California Air Resources Board (CARB) approved the

Lawyers for Nasdaq Inc. and the Securities and Exchange Commission defended the exchange’s plan to require companies to disclose the diversity of their boards Monday, and judges sounded skeptical that the court should overturn the policy. The SEC last year approved a Nasdaq  NDAQ, -0.12% policy that asks companies to disclose the demographic makeup of

Today’s a really special day for me. That’s because today is the day I get to unveil the best kept secret on Wall Street – a secret that could help you make big money in a bull or bear market. Source: GluckaPixels / Shutterstock The story here is pretty simple. About a year ago, my

Serena Williams is going out in style.  The tennis legend and 23-time Grand Slam singles champion is likely hanging up her racket after playing in the U.S. Open in Flushing Meadows, N.Y., as she announced in the cover story for Vogue’s September issue. And she advanced to the second round on Monday night after beating

Based on the market’s recent performance, you may think now isn’t the time to increase exposure to hot growth stocks. After all, aren’t rising interest rates and the growing likelihood of a recession bad news for growth? Yes and no. On one hand, there are plenty of high-fliers from the 2020/2021 bull market that will

At a time of cratering PC sales, Advanced Micro Devices Inc. late Monday launched its new generation of gaming cards and motherboards for fall availability — but the boast of having the fastest gaming card in the world might attract some attention and sales. “Ryzen 7000 series is absolutely the world’s first desktop processer in

WASHINGTON — Secret Service official Tony Ornato announced his retirement on Monday, two months after a former White House aide testified that he had told her then-President Donald Trump lashed out in anger when agents refused to drive him to the Capitol during the Jan. 6, 2021, riot by his supporters. Secret Service spokesman Anthony Guglielmi confirmed that Ornato

It’ll be worth splurging a little — or a lot — on streaming subscriptions in September. From the well-rounded offerings of Disney+ — including “She-Hulk,” “Andor” and “Mighty Ducks: Game Changers” — to Amazon’s blockbuster “Lord of the Rings” prequel series “The Rings of Power,” to Hulu’s stockpile of quality comedies, to HBO’s compelling “House

U.S. stock futures pointed to fresh losses for Wall Street on Monday as Federal Reserve Chairman Jerome Powell’s hawkish commentary from Jackson Hole, Wyo. continued to reverberate. What’s happening S&P 500 futures ES00, -0.41% slid 33 points, or 0.8%, to 4,026.50. Dow Jones Industrial Average futures YM00, -0.63% dropped 240 points, or 0.7%, to 32,021

The price of bitcoin dipped below $20,000 over the weekend, after Federal Reserve Chairman Jerome Powell warned on Friday that interest rates will keep rising. Bitcoin BTCUSD, -1.83% fell roughly 8% after Powell’s comments Friday at Jackson Hole, Wyo., slipping at one point Sunday to $19,544, according to CoinDesk data. As of Sunday evening, bitcoin

You’ll know that the bear market in stocks is nearing an end when investors remind anyone who’ll listen that equities are fairly or even undervalued. We’re not there yet. When bull market sentiment is predominant, investors tend to focus on short-term technical factors such as momentum, trend following and chart patterns. Only near the end

President Joe Biden’s student-debt relief plan could fuel inflation and benefit the well-off, Jason Furman, a top economic adviser in the Obama White House, said in an interview with MarketWatch on Saturday. “The Hippocratic Oath is do no harm,” Furman said at the Jackson Hole Economic Symposium in Wyoming. “It’s hard to argue that whatever

Managed futures strategies can be helpful to investors during times of economic uncertainty. The strategies seek to take advantage of price trends — up or down — and produce positive returns that offset declines elsewhere. Having some money committed to a managed futures strategy can lower a portfolio’s overall risk and potentially keep an investor

It took only a 10-minute speech from Federal Reserve Chairman Jerome Powell on Friday to clarify that monetary policy would be relentlessly tightened in the months ahead. Investors dumped stocks, sending the S&P 500 Index down 3.4% following two days of gains. Only five stocks in the S&P 500 SPX, -3.37% were up on Friday:

As many segments of the economy roar back from pandemic-driven slumps, consumers still aren’t returning to stores like they used to. Sluggish traffic continues to dog apparel retailers, which are now sitting on large piles of inventory that they have to discount in order to sell. Walmart Inc. WMT, +0.67% and Nordstrom Inc. JWN, -0.81%

Investors’ appetites for hot, new meme stocks with high potential appears to be gaining momentum these days. Providing evidence for that assertion,  the VanEck Social Sentiment ETF (NYSEARCA:BUZZ) has soared over 10% in the past month. Likewise, the Roundhill Meme ETF (NYSEARCA:MEME) is up about 9% since it touched a recent low on July 26. However, these exchange-traded

During the multiple-year debate over mass student-loan forgiveness, one of the major points of contention was whether the Secretary of Education had the legal authority to discharge student loans without congressional action.  With Wednesday’s announcement that the Department of Education will cancel up to $10,000 in student debt for borrowers earning up to $125,000, and

The best known of the upcoming stock splits is Tesla (NASDAQ:TSLA). It will split its stock today, Aug. 24, after the close of trading. The three-for-one split will reduce the electric vehicle maker’s share price to less than $300. It will be Elon Musk’s second stock split since the beginning of the pandemic. Tesla stock

Fresh off an announcement that it would begin selling its bikes on Amazon.com Inc., Peloton Interactive Inc. posted a sharp loss for its most recent quarter along with nearly flat sequential growth in connected fitness subscribers. The maker of connected fitness equipment logged a fiscal fourth-quarter net loss of $1.24 billion, or $3.68 a share,