Daily Trade

Music-streaming platform Spotify Technology SA expects its podcasting unit to become profitable within the next couple of years, and its overall business to generate $100 billion in annual revenue within the next decade. “I believe our future is a lot bigger,” Chief Executive Daniel Ek said Wednesday, speaking at the company’s investor day. That would

Headquartered in San Francisco, Calif., neo-banking leader SoFi Technologies (NASDAQ:SOFI) is an unapologetic disruptor in the banking market. For folks who don’t mind taking on some risk, SOFI stock offers dramatic potential upside from its currently heavily discounted price. When SoFi Technologies went public on June 1, 2021, there was no shortage of hope and hype. Millennials

What’s Ahead as Supreme Court Nears Session’s End Significant opinions are due on the fate of Roe v. Wade, as well as gun rights, business law, church and state, immigration and other matters. Jun. 7, 2022 at 6:30 a.m. ET

We have chosen six stocks that have price-to-earnings (P/E) significantly lower than 1ox that investors must not overlook now. The reason is that low P/E stocks, especially those at extremes, often tend to have a rebound in the stock price. One metric that we looked for in this list is those that have low forward

If you want to visit what one survey is calling the best bar this side of the Atlantic, you’ll need to book a trip to New York City. Attaboy, a Manhattan drinking spot described as an “intimate speakeasy,” has been named the top watering hole in the inaugural North America’s 50 Best Bars survey. The

Monday was largely about trading upbeat stock splits news on Wall Street. But in a market made up of stocks, SoFi Technologies’ (NASDAQ:SOFI) SOFI stock continues to be an ignored opportunity for investors to watch for a good buy-in point. At long last, the first of a few influential stock splits have commenced with Amazon’s

Gupta Brothers Arrested in Dubai, Offering Relief for South Africa’s Embattled President Dubai police arrested two brothers at the center of a sprawling government graft scandal in South Africa, offering some relief to that country’s embattled president, Cyril Ramaphosa, and his sputtering anticorruption drive. Jun. 7, 2022 at 8:33 a.m. ET by Gabriele Steinhauser

Tesla (NASDAQ:TSLA) has been on a roll over the past week, with TSLA stock gaining 16% through May 31. The electric vehicle (EV) maker’s fanatical retail investors are a big reason for the gains.  According to Bloomberg, retail investors bought more Tesla stock in May than in any month since August 2020. As of May

BuzzFeed Shares Drop 41% in Wake of Investor Lockup Expiration The stock move, which occurred after a ban preventing executives and major institutional investors from selling shares was lifted, marked the media company’s worst one-day percentage drop in its short trading history. Jun. 6, 2022 at 7:06 p.m. ET by Patience Haggin

These six consumer brand companies make the best buy and hold stocks to hold during an upcoming recession. This is due to their long-term value and quality earnings. As a result, investors in these stocks have a good chance of limiting the damage to their portfolios due to a recession. Moreover, once the market turns

Starbucks Is Seeking Fresh Blood in CEO Search Starbucks’s interim CEO Howard Schultz, back for his third stint at the coffee giant, said it needs fresh blood and a “different type of leader,” and is focusing on external candidates. Jun. 6, 2022 at 12:01 a.m. ET by Heather Haddon

GameStop (NYSE:GME) stock is once again proving its detractors wrong. I’ve certainly been among those detractors. And I’ve been proven inaccurate in judging GameStop’s trajectory. Once its run seems to have reached an end, it surges back to life. Its volatility is unpredictable.  That’s positive news for retail investors as the company once again springs

Barron’s AMD, Pfizer, NIO, DocuSign, Campbell Soup, and Other Stocks to Watch This Week CPI inflation data is out on Friday. Plus, earnings and investor days from Pfizer, Vail ResoResorts, AMD, DocuSign, NIO, Campbell Soup, and more. Jun. 5, 2022 at 4:35 p.m. ET by Barron’s

I’ve long argued that Quantumscape (NYSE:QS) stock remains the best choice equity investment in solid-state battery technology. That remains true. Investors have to understand that the ride will be bumpy and most do. As with any stock, fundamentals are of paramount importance. That’s where we’ll start in understanding QuantumScape.  Fundamentally Fine One of the most

We are looking to retire in about three years. I will be 67 and my wife will be 62. We don’t want to have to shovel snow or worry about significant accumulation; but we do want to be out and about during the days and evenings year-round.  We may rent, but if we decide to

Nvidia (NASDAQ:NVDA) reported stellar revenue growth on May 25 for the quarter ending May 1. Revenue came in at $8.29 billion, up 46% from a year ago, and up 8% from the fourth quarter (Q4) of 2021. This included record revenue from its Data Center and Gaming Divisions. Moreover, its earnings came in higher, as

Adam Neumann and the Future of Crypto WeWork’s infamous ex-CEO co-founded a darling of the Web3 scene, which has recently been tested by falling cryptocurrency prices. True believers think the real problem is existing securities regulations, not the logic that… Jun. 4, 2022 at 12:00 a.m. ET by Christopher Mims

B.I.G. Buy. Innovate. Grow. That’s the declared strategy of Pennsylvania-based Vinco Ventures Inc (NASDAQ:BBIG). Unfortunately for shareholders, “BIG” does not describe BBIG stock’s performance in 2022. There have been highlights including a mid-January run that saw shares spike 122% in less than a week. However, the overall trend has been down. In the most recent

Russia Faces Fierce Ukrainian Resistance in Key Eastern City Russia sent reinforcements to Severodonetsk, the site of fierce street fighting in recent days, as it pushed to capture the remainder of the strategically important city, Ukrainian officials said. Jun. 4, 2022 at 7:36 a.m. ET by Isabel Coles

The market is beginning to turn the corner after a very uninspiring performance in most of the first half. Logic dictates that the rebound will likely be led by beaten-down sectors and stocks. On that count, pharma and biotech stocks are ideal candidates for a stronger recovery, given their underperformance relative to the broader market