Daily Trade

Though gas prices have backed off their record-breaking high in recent days, it hasn’t been by much. The more that high prices at the pump stick around, the more that state and federal lawmakers are trying to find ways to ease drivers’ financial pain. They’ve floated two types of ideas so far: pauses on the

The price of Shopify (SHOP) has been cut in half since November It still sells at nearly 20 times revenue Are growth catalysts sufficient to keep the stock price high? Shopify (NASDAQ:SHOP) stock cost $1,690/share in November. It opens March 24 at $710. That’s a bargain, right? Not necessarily. Even at that price you’re paying

Ether reached its highest level since Feb. 17 on Thursday, over optimism around Ethereum’s upcoming major upgrade, which will reduce environmental costs of the blockchain and lower its transaction fees. Ether ETHUSD, +0.14% traded as high as $3,128.7 on Thursday, according to CoinDesk data. It was most recently trading at around $3,102, up 3.9% over

The business of the cruise operators has been facing several challenges since the onset of the Covid-19 pandemic in 2020. As a result, Carnival Corp (NYSE:CCL) stock has been volatile with a downward bias. Source: Kokoulina / Shutterstock.com The cruise industry was crawling back to normalcy as the impact of the Covid-19 pandemic started to dissipate.

U.S. stock futures bounced higher Thursday, as markets focus on a meeting of Western leaders set to impose further penalties on Russia for its invasion of Ukraine. Futures on the Dow Jones Industrial Average YM00, +0.33% rose 141 points, or 0.4%, to 34391 Futures on the S&P 500 ES00, +0.47% rose 0.6%, or 25 points,

Wall Street has begun to see more borrowers with blemished credit fall months behind on their subprime auto loans, a potential sign of cracks emerging in consumer credit as the Federal Reserve moves to fight inflation. Subprime auto loans had been a surprisingly strong corner of household debt in the past two years of pandemic,

Taiwan Semiconductor (TSM), the largest semiconductor chip maker, is at a trough This is despite the world market experiencing a massive chip shortage — which normally indicate TSMC stock would peak Expect TSMC stock to move higher as the effects of the chip shortage continue to multiply through the global economy. Taiwan Semiconductor Manufacturing Inc. (NYSE:TSM)

Overseas e-commerce investing just got a little bit easier as China’s government signals readiness to support the market. Pinduoduo offers an intriguing entry point after a steep drawdown. Investors should consider a starter position and be prepared to add if the share price drops. Shanghai, China-based Pinduoduo (NASDAQ:PDD) provides an e-commerce shopping platform that’s meant to

History will mark the Russian invasion of Ukraine as a devastating attack on the peaceful community of democracies. And that America and its allies—so inured with a sense of moral and systemic supremacy—committed six strategic errors that summoned aggression and ultimately let an invasion degrade into a humanitarian tragedy. Economic appeasement First, at the end

With its performance in recent days, it may seem like Skillz (NYSE:SKLZ) stock has finally bottomed out. Since falling to prices as low as $2.07 per share, SKLZ stock has jumped around 57%, up back to around $3.39 per share. Source: NYCStock / Shutterstock.com For those who got in at or near its bottom, that’s a

A brief wobble aside, the U.S. stock market is taking Federal Reserve Chairman Jerome Powell’s decision to fully unleash the inflation-fighting side of his monetary policy persona in stride. That may be a surprise to some investors as Treasury yields soar and money-market participants price in an aggressive round of benchmark interest rate increases after

The market’s de-rating of Shopify is justified given slowing growth and the overall contraction in growth stock valuations. Similar to what played out with AMZN stock 20 years back, SHOP could make a partial recovery within a reasonable timeframe. However, before that rebound happens, investors should watch out for another sharp decline. Spiking back after

U.S. stock futures rose Tuesday, continuing a rally from the year’s lows despite the ongoing Russia invasion of Ukraine and an increasingly hawkish Federal Reserve. What’s happening Futures on the Dow Jones Industrial Average YM00, +0.37% rose 0.4%, or 123 points, to 34559 Futures on the S&P 500 ES00, +0.30% rose 0.3%, or 14 points,

Tesla raised the base price of its cars again Rivals have failed to deliver in the mid-market What China tells the U.S. about the future of electric vehicles Tesla (NASDAQ:TSLA) stock is down 17% in 2022. Investors are no longer paying as big a premium for growth. Even at its March 18 opening price of

U.S. stock futures on Monday edged lower after the strongest weekly performance in more than a year, as Russia continued attacking Ukraine with no diplomatic progress in sight. What’s happening Futures on the Dow Jones Industrial Average YM00, -0.33% fell 94 points, or 0.3%, to 34539 Futures on the S&P 500 ES00, -0.17% fell 0.2%,

This has been an interesting week for Tesla (NASDAQ:TSLA). The company’s CEO Elon Musk started a very public social media battle with allies of Russian president Vladimir Putin. A surging Covid-19 outbreak in China has forced the company to temporarily halt production at its Shanghai factory. Source: Khairil Azhar Junos/Shutterstock.com All of this comes on

With the nation’s gas prices steadily climbing, many car owners wonder how much extra it will cost them to get a full tank. Gas prices across the nation started rising before Russia invaded Ukraine. But the escalation into war pushed them even higher and then came the sanctions against the Kremlin. As of March 17,

McDonald’s Corp (NYSE:MCD) is off 12% from the end of last year, but prospects for the company are excellent. Despite losing $50 million a month in Russia, McDonald’s should still produce significant positive free cash flow in 2022. Investors should still load up on MCD stock, given that its valuation has room to grow at

Rep. Liz Cheney said Sunday that Donald Trump’s actions during the Jan. 6, 2021, Capitol siege amounted to a “supreme dereliction of duty,” and that the House committee investigating the insurrection may recommend “enhanced criminal penalties” for officials who failed to carry out their duties. In an interview Sunday with NBC News’ “Meet the Press,”

Even the Russia-Ukraine conflict hasn’t done much to galvanize Boeing stock. A return to early 2020 price levels isn’t a question of “if,” but “when.” Investors should seize the opportunity to own a piece of an iconic American business. Headquartered in Chicago, Boeing (NYSE:BA) is an aerospace and defense company that’s known worldwide. For many generations,