Daily Trade

With the value of Meta Platforms (NASDAQ:META) recently cut in half from when it was called Facebook, CEO Mark Zuckerberg is hyping the metaverse, and analysts are buying it. The virtual reality platform in which people could live and work intimately from wherever they are, will have a billion people spending hundreds of dollar each,

In the wake of Russia’s invasion of Ukraine, a host of major U.S. corporations described their efforts to exit the country. With the war about to enter its sixth month, the Moral Rating Agency has released new data surveying 114 of the largest companies in the world involved with Russia at the time of its

[embedded content] NIO stock and other electric car stocks are ready to turn the corner higher after the Chinese government announced it was considering “extreme measures” to boost manufacturing output. That’s major news for Chinese EV stocks like NIO. China is the heart of the EV economy. In fact, 60% of global EV battery manufacturing

If you’ve left your job, doing an IRA rollover of the balance in your company retirement plan is usually a tax-smart move. A rollover allows you to continue to defer taxes on the amount you roll over. But our beloved Congress laid some federal income tax traps for the unwary. Don’t be among the unwary.

These dividend stocks are well situated to pay their high yields. The dividend payout ratios are less than 50% for these stocks. That makes their dividend yields much more secure, allowing the companies to pay them even when earnings turn down. Citigroup (C): This incredibly cheap stock trades for less than 6.5x earnings, 60% of

Bitcoin is struggling to hold above the psychological level of $20,000, as the Dow Jones Industrial Average DJIA, +0.24% strives to hold its gains on Wednesday. The cryptocurrency BTCUSD, -1.27% is trading at around $19,986, down 3.3% over the past 24 hours, according to CoinDesk data. Bitcoin dropped to an 18-month low of $17,601 on

Last Friday was a stunning day for the market. The S&P 500, Dow Jones Industrial Average and tech-heavy NASDAQ Composite ended the day up about 3.1%, 2.7% and 3.3%, respectively. For the week, the S&P 500, Dow and NASDAQ rallied 6.4%, 5.4% and 7.5% — a breath of fresh air following two straight weeks of

Shares of Tokyo Electric Power Co. Holdings Inc. surged Wednesday as a heat wave in Japan boosted power demand in the capital. The Japanese power utility 9501, +4.91%, also known as Tepco, rose as much as 6.2% before paring gains to trade 4.7% higher at 576 yen ($4.23). Its one-week advance stands at 23%, taking

In the last two weeks, I’ve fielded a question often enough that it deserves its own write-up. This year, the oil trade has been extremely popular. And up until recently, it has been profitable for the bulls. But last week, their party suffered a serious setback. Occidental Petroleum (NYSE:OXY), for example, abruptly fell 25%. Today,

Meet “Vaccinate Me Elmo.”  The little red Sesame Street character revealed on Twitter on Tuesday that he just got his COVID-19 vaccine, a week after the Food and Drug Administration and the Centers for Disease Control and Prevention authorized the Pfizer PFE, -2.63% and Moderna MRNA, -2.53% shots for children under 5.  “Elmo got the

Source: Jimmy Tudeschi / Shutterstock.com In mid-June, shares of Warner Bros. Discovery (NASDAQ:WBD) fell to a fresh low of $13.30 following the release of an analyst report that raised concerns about its direct-to-consumer streaming strategy. WBD stock has only been trading since April 11, after Discovery merged with WarnerMedia, but it is down more than

College students, listen up: Business degrees are the most popular undergraduate and graduate major in the U.S., but do they pay off? A new report by the Georgetown University Center on Education and the Workforce looked at the return on investment (ROI) of 5,500 business programs at more than 1,700 colleges. It found that the

Amazon (NASDAQ:AMZN) has not had a great run lately. Unfortunately, FAANG has not been able to buck the market’s overall selloff. A few of the components are holding up okay, but Meta (NASDAQ:META), Netflix (NASDAQ:NFLX) and AMZN stock are all badly underperforming the Nasdaq. Unfortunately for Amazon, it’s not sitting in a good place. Inflation

The United States Supreme Court may be looking to strike down Roe v. Wade, the landmark abortion ruling from 1973, according to a now-authenticated leaked draft majority opinion published on Politico. “Roe was egregiously wrong from the start,” Justice Samuel Alito wrote in the majority opinion draft. “We hold that Roe and Casey must be overruled,” he went on to

Most of us are familiar with the metaverse. Or, the “sci-fi concept whereby humans put on some sort of headset or smart glasses that allows them to live, work and play in a virtual world much like the one depicted in the ‘Ready Player One’ movie,” as noted by CNBC. Better yet, according to a McKinsey

NIO Inc.’s shares in Hong Kong and Singapore have climbed to fresh record highs as the global outlook for electric-vehicle demand brightens. The electric-car manufacturer’s Singapore-listed shares NIO, +4.71% gained 4.1% to US$24.77 while its Hong Kong stock 9866, +3.93% rose 4.3% to 196.60 Hong Kong dollars (US$25.05), both new highs. The two listings are

Nvidia (NASDAQ:NVDA) stock, the darling of 2021’s market, has lost 44% of its value in 2022. But it’s still not a cheap stock. At its June 23 price of $165/share, Nvidia’s market cap was $407 billion, on fiscal 2022 revenue of $27 billion. The price to earnings ratio was nearly 44. The dividend yields just

As the country enters hurricane season from June 1 to the end of November, homes in New York and Miami are at the highest risk for property damage, according to a report released Wednesday from housing-research firm CoreLogic. Overall, more than 33 million homes in America are at risk of suffering damage from hurricanes, according

Is Roku (NASDAQ:ROKU) going to be acquired? Not yet. But rumors persist that Netflix (NASDAQ:NFLX) is looking to buy the manufacturer of internet-connected television sets and other devices. When the rumors of a takeover first surfaced on June 8, ROKU stock jumped 10% as investors grew excited about the prospect of a Netflix/Roku combination. But

Inflation is changing how and what people eat. More than half of consumers say they have changed their eating and drinking habits to manage the rising cost of living, according to a new survey by global intelligence company Morning Consult.  Cutting back on trips to restaurants and bars is the most common change, accounting for