Gold futures on Wednesday were flipping between small gains and losses, putting the precious metal in jeopardy of finishing lower for the first time in four sessions after marking the highest finish in almost three weeks. A climb in global stocks was helping to dull factors that would ordinarily help to support decisive buying in
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Cassava Sciences (NASDAQ:SAVA) stock illustrates the promise — and hazards — in biotechnology investing. Casssava management says it has a drug that can effectively treat Alzheimer’s Disease, one of the most destructive diseases known to man. They may have it, or they may not. It’s impossible for a small investor like me to know for
The U.S. will need its domestic natural gas industry and its ready-made pipeline infrastructure to ease the nation toward net-zero emissions, the American Gas Association argues. The group, which represents natural gas-powered utilities, on Tuesday issued a new study it says makes the case. The report lays out several pathways from maintaining the status quo to hitting
Two years post-onset, it’s fair to say that the Covid-19 pandemic brought both calamity and opportunity. Among the unexpected benefactors was teleconferencing platform Zoom Video Communications (NASDAQ:ZM). The surge in ZM stock reflected a sudden shift to remote/hybrid work and collaboration. Source: Michael Vi / Shutterstock.com Today, Zoom remains a household name and the dominant U.S.
U.S. stock index futures edged higher on Tuesday, as the benchmark 10-year Treasury note approached a level not seen since January 2020. What’s happening Futures on the Dow Jones Industrial Average YM00, +0.05% rose 68 points, or 0.2%, to 35037 Futures on the S&P 500 ES00, -0.03% rose 7 points, or 0.2%, to 4482 Futures
Typically, when a publicly traded company loses nearly 16% of market value over the trailing month, there’s a reason for it — and usually not a good one. That’s the situation with SoFi Technologies (NASDAQ:SOFI). Though backed by several relevant innovations like fintech and cryptocurrencies, investors currently have a dim view of SOFI stock. Source:
Joe Rogan’s podcast future is up in the air, and — for a few hours on Monday — so were the stock prices of some MAGA SPACs. Shares in CF Acquisition Corp VI CFVI soared as high as 39.7% in late-afternoon trading as investors began to ponder the possibility that the controversial comedian would accept
When it comes to opinions and analyses about Matterport (NASDAQ:MTTR) stock these days, you can’t ignore the metaverse. Source: Ken Wolter / Shutterstock.com As a leader in 3D spatial visualization technologies, the company’s platform enables a more immersive experience than was ever possible through the internet. Logically, such an innovation lends itself to metaverse-based applications,
Four drug makers brought in more than $14 billion in sales of COVID-19 treatments in 2021, but the lucrative, new market will be tempered if the virus is kept under control this year. The tally includes full-year sales of Eli Lilly & Co.’s LLY, -0.65% monoclonal antibodies ($2.2 billion), Gilead Sciences Inc.’s GILD, -1.01% COVID-19
Like so many special purpose acquisition companies (SPACs), SoFi Technologies (NASDAQ:SOFI) stock has been a volatile one. Shares initially popped to $25 as excitement grew for the well-known FinTech firm. Source: rafapress / Shutterstock.com This also came during a time when entrepreneur Chamath Palihapitiya was on a massive winning streak with his SPAC deals. So in
Well, that didn’t take long. Biotechnology as an investment sector is so hated, it stumbled into bear market mode for the year in less than a month. The jarring 20% decline happened after the group fell 22% last year, against an S&P 500 SPX, +0.52% gain of 27%. “Boy, what a start of a year.
Like other speculative growth stocks, Skillz (NYSE:SKLZ) continues to struggle. The days of “growth at any price” have long since passed. With the Federal Reserve raising rates, SKLZ stock continues to head lower. Source: Dennis Diatel / Shutterstock.com While it’s much cheaper now (it once traded for prices more than ten times what it trades for
It’s a seller’s market. And that might be bad news for real-estate agents who represent home buyers. A new report from real-estate brokerage company Redfin RDFN, -4.29% shows that the fees that buyers’ agents are changing have dropped considerably. The average commission rate for these agents was 2.63% of the sales price of a home
Fisker (NYSE:FSR) plans to start producing its Ocean SUV model this year, which should prove to be positive news for the electric vehicle maker. However, a few key challenges remain and FSR stock has dropped more than 30% so far in 2022. This has many wondering if Fisker is still a hot play on electric
Dear MarketWatch, I’m looking for a small-town atmosphere, with open land around it and maybe a body of water nearby. I always said my ideal would be water in the front and trees in the back. I can’t be too far from the family just west of the Chicago suburbs, but I am done with
The Nasdaq’s steep correction in the last month is punitive to the most speculative stocks in the last two years. This resulted in Skillz (NYSE:SKLZ) being stuck in a sustained downtrend. Investors are no longer willing to wait for an electronic gaming and multimedia firm to pivot to the sports betting market. SKLZ stock is
PayPal Holdings Inc. and Meta Platforms Inc. are both going through business transitions, prompting many investors to run for the hills. Shares of PayPal PYPL, +1.43% and Facebook-parent Meta FB, -0.28% each just logged their biggest weekly declines on record after the onetime tech darlings delivered disappointing forecasts. Those weekly declines followed record single-day percentage
Although most folks love to parrot the phrase, “electric vehicles are the future,” that future may be further off than many think. Sure, we’d love to go green and all, but we also need to pay the bills. That’s where QuantumScape (NYSE:QS) could potentially provide the paradigm-shifting solution, explaining early sentiment for QS stock. Source:
In true New York fashion, it took just three weeks for the state to set a U.S. record for most money wagered on sports betting in a single month. According to Friday’s financial report from the New York State Gaming Commission (NYSGC), New York bettors placed $1.6 billion worth of bets between Jan. 8-30, the
Hot stocks from different sectors typically get a lot of attention both in bull and bear markets. When markets are jittery, as they are now, investors look for shares with solid fundamentals and fair valuation levels. This year is primed to see greater volatility levels. Investors are preparing for tighter monetary and fiscal policies amidst