Costco (NASDAQ:COST) is an incredible retail machine. COST stock keeps on going up and up; it has nearly doubled since the beginning of 2020 and it’s up more than 200% over the past five years. This has started to attract some naysayers who say that Costco should be selling off like so many other companies that
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Dear Quentin, I recently sold my house and had to leave my job due to a medical issue that was easily resolved, and I am now fine. I have approximately $150,000 in my checking account from the sale of my house. I am unsure what to do with this and have considered contacting a financial
If the backdrop of electric vehicle (EV) focused shell company Gores Guggenheim (NASDAQ:GGPI) only featured soaring gasoline prices with all other factors being normal (as in pre-pandemic normal), then GGPI stock may very well be a buy. Who wouldn’t want to make the transition to EVs, especially in car crazy California, where the average per-gallon
Are you financially better off than you were a year ago? More Americans are saying no, according to a new Gallup poll reaffirming how steep costs are grinding people’s budgets and their financial confidence. Fewer than half (46%) of the poll participants said their current money situation was good or excellent, versus 57% who said
After the market closed on April 26, Quantumscape (NYSE:QS) reported its results for the March quarter. QS stock has been up since then, but it should be noted that tech stocks overall rallied on April 28. Not only that, on the day of earnings, tech stocks were down big for the day. In short, it’s
An ugly end to a cruel April on Friday saw the S&P 500 post its second correction — a drop of 10% from a recent peak — so far this year. The large-cap benchmark SPX, -3.63% ended a topsy-turvy week with a 3.6% fall on Friday, closing at 4,131.93, its lowest finish since May 19,
WeWork (NYSE:WE) stock is down more than 2.51% today at $7.07 per share. The global co-working leader underperformed the market on the day and dipped 24.27% on the year, despite strong co-working demand. The company’s weak financials and high debt should continue to weigh on the stock in the near term as investors continue to dump
A group of new football players will join the NFL on Thursday night as the league holds its annual draft. Unlike last year when it was known that quarterback Trevor Lawrence would be the no. 1 overall selection for months, the 2022 NFL Draft remains mysterious as it’s less clear which top college player will go first.
Intel’s (NASDAQ:INTC) revenue forecast fell short of estimates as the company contends with inflationary pressures and supply issues. The company recently acquired a non-chip business that should deliver value to shareholders. Investors should keep INTC stock on their watch list and pounce where there’s more clarity on supply-and-demand issues. Source: Intel Microprocessor manufacturer Intel’s (NASDAQ:INTC)
Nearly 5,000 laborers died on the job in 2020, according to a new report from the American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), with Latino and Black workers having the highest fatality rates. Despite the U.S. making strides in keeping workers safe since the passage of the Occupational Safety and Health Act
Upstart Holdings (NASDAQ:UPST) filed its annual proxy earlier this month. According to the form, CEO Dave Girouard received almost $15 million in total compensation, nearly all of it in UPST stock options and awards. Given its share price is down 48% year-t0-date, those stock options and awards aren’t nearly as valuable as in October. At
President Joe Biden on Thursday asked Congress to approve about $33 billion in additional aid for Ukraine, which would be on top of the $13.6 billion in military, economic and humanitarian assistance that U.S. lawmakers authorized last month. “We have to do our part,” Biden said in a speech on the topic at the White
Tesla (TSLA) stock dropped by more than two Twitters (TWTR) in a day. Some investors understandably question paying 18 times revenue for a luxury nameplate. For now, the mid-market belongs to Tesla’s rivals. Source: Kathy Hutchins / Shutterstock.com Tesla (NASDAQ:TSLA) stock dropped the equivalent of two Twitters (NASDAQ:TWTR) the day after the social media company
Many residential real estate markets are still red hot. Significant home-sale gains are likely even if you’ve only owned your place for a relatively short time, and now have to sell. If you’ve owned for at least two years, you probably qualify for the lucrative federal income tax principal residence gain exclusion break. Under that
Novavax’s (NASDAQ:NVAX) coronavirus shot does not appear to be gaining nearly as much traction as I thought that it would at this point. Consequently, I’m not as bullish on NVAX stock as I was last month. While I still think that the shares can rally sharply in the medium-term and the long-term, I view the
A previous version of this report gave an incorrect date for the Federal Reserve Open Market Committee meeting in May. The story has been corrected. A view of the Nasdaq headquarters in Times Square, New York City, on April 6, 2022. MarketWatch/Kollmeyer U.S. stock futures were pointing to gains for Wall Street on Wednesday, with
T-Mobile (NASDAQ:TMUS) is expected to report earnings for the first quarter before the morning bell on Wednesday. Here’s what to be looking for with TMUS stock. Analysts are projecting revenue of $20.1 billion, which would be an increase of 1.5% from a year ago. Earnings-per-share is expected to come in at 32 cents, which would
Dear Quentin, I am a retired 62-year-old woman. I was widowed in 2006 at the age of 46 and raised my two children (now 24 and 27) on my own. I used my husband’s life insurance money (about $500,000) to maintain our home, provide child care, and get both children through college without student loans.
In my last article on Mullen Automotive (NASDAQ:MULN), I argued why the short-side was right on the money in its bearishness. Since then, short-sellers have not only been on the money. They’re in the money as well, when it comes to MULN stock. In a week’s time, it’s dropped around 40%. This plunge has happened,
Thomas Peterffy has some advice for bullish investors and traders amid stomach-churning volatility and an overall ugly tilt lower for equities: Focus on the long game. The founder and chairman of Interactive Brokers Group IBKR, -1.61% says he sees a lot of “difficult issues” that the market needs to contend with on the “immediate horizon,”