Shares of Covid-19 vaccine play Novavax (NASDAQ:NVAX) may have seen a small upward bounce after its earnings released earlier this week. That does not mean NVAX stock is out of the woods yet. Source: vovidzha / Shutterstock.com With internal and extraneous factors weighing it down, NVAX stock is now a pale shadow of its old
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Brown-Forman Corp. said Thursday it would no longer use certain non-standard metrics in its financial reporting, including ones that had been criticized by the Securities and Exchange Commission and highlighted by MarketWatch in past reporting. In its fiscal third-quarter earnings, the maker of Jack Daniel’s whiskey said it would stop using the word “underlying” to
Digital World Acquisition Corp (NASDAQ:DWAC) has been on a steady rise recently due to the launch of the Truth Social network. DWAC is merging with Trump Media and Technology Group (TMTG). The companies expect to complete the merger in the first quarter of this year, at which point DWAC shareholders will become shareholders of TMTG.
U.S. stock-index futures plunged late Thursday after reports that Europe’s largest nuclear power plant, in Ukraine, was on fire after Russian shelling, raising fears of an unprecedented nuclear disaster. Dow Jones Industrial Average futures YM00, -1.28% sank nearly 500 points, while S&P 500 futures ES00, -1.54% and Nasdaq-100 futures NQ00, -1.79% dove as well. According
With rate hikes from the Federal Reserve just around the corner, what’s next for housing? On one hand, when it comes to stocks to watch in the housing space, it appears the market is bracing for the worst. That is, shares in homebuilders and real estate brokerages currently trade at single-digit price-to-earnings (P/E) ratios. The
President Biden didn’t say much during his State of the Union address that would benefit older Americans in particular – there was no talk of Social Security or retirement security, and only one line about nursing homes – but what he did say about Medicare could make a world of difference to retirees if passed.
Based in Singapore, Sea Limited (NYSE:SE) operates e-commerce websites for countries in Southeast Asia and Taiwan. Plus, the company offers online video games in Latin America and Southeast Asia. Therefore, international tech market investors might consider a position in SE stock. Source: Postmodern Studio / Shutterstock.com Just as a Bollywood movie is typically rife with action and
Did you add a vehicle for use in your small business last year? Or maybe this year? The 2017 Tax Cuts and Jobs Act (TCJA) included super-favorable first-year depreciation breaks for vehicles used for business. Those federal income tax breaks are still on the books, and I think they’ve not gotten all the attention they
Some folks will call it the next Starbucks (NASDAQ:SBUX). It’s easy to make comparisons, as Black Rifle Coffee (NYSE:BRCC) serves coffee just like Starbucks does. That being the case, why should investors consider BRCC stock? Source: rblfmr / Shutterstock That’s a valid question. Starbucks practically has a stranglehold on the U.S. coffee-shop market. If you’re in a
““The thing about Putin is, if he has an instrument, he wants to use it. Why have it if you can’t?”” That was Fiona Hill, former official at the U.S. National Security Council specializing in Russian and European affairs, talking about Russian President Vladimir Putin’s willingness to use nuclear weapons. Hill has worked in both
SoFi Technologies (NASDAQ:SOFI) stock is making the same moves to disrupt finance it was making a year ago. But the cheers of the investing crowd have turned to jeers. Source: rafapress / Shutterstock.com Stock in the online bank, broker and wholesaler are down 27% since 2022 began. This despite a small bounce from the purchase
SYDNEY — Australia’s economy surged back to life in the fourth quarter of 2021 as consumer spending jumped following the end of delta-related lockdowns that crippled major eastern states. The economy expanded 3.4% over the quarter, taking gross domestic product growth through 2021 to 4.2%, the Australian Bureau of Statistics said Wednesday. The commodity-rich economy
California-based Xilinx is “fabless,” meaning that the company designs chips but doesn’t manufacture them. If you’re planning to look for Xilinx through your broker, I’ll save you some time and effort right now, as XLNX stock has vanished. Source: Shutterstock Of course, this doesn’t mean that Xilinx has gone out of business. There’s actually good
When it comes to the most expensive cities in America to rent a one-bedroom apartment, New York is king of the hill and top of the heap. The median price of a one-bedroom apartment rental in the five boroughs as of Feb. 1 was $3,100, a 26% year-over-year increase, according to an analysis by Zumper’s National Index.
The cyber war surrounding Russia’s invasion of Ukraine is heating up as Russian soldiers and tanks besiege the country. Now experts are braced for the possibility of those cyberattacks coming here, and making sure America’s businesses and consumers are ready. Taking measures to prevent being exposed to such an attack might be easier than people
When it comes to stocks to buy with enormous long-term upside potential, few look more compelling than QuantumScape (NYSE:QS) stock. Source: Piotr Swat / Shutterstock.com As the leading solid-state battery maker, QS is developing a new generation of batteries. These next-gen batteries will enable electric vehicles to drive thousands of miles on a single charge.
Employers are desperate for workers in the post-lockdown economy. Wages are being raised and benefits more generous, yet finding workers remains a struggle. The U.S. Chamber of Commerce in its Quantifying the Nation’s Workforce Crisis – State of American Business 2022 Update, notes that “The most critical and widespread challenge facing businesses is the inability to
GameStop (NYSE:GME) will likely release results for the quarter ending Jan. 31 during the first week of March or the early part of the second week. It needs to post stellar figures in order for GME stock to rebound from its recent terrible performance. Source: Shutterstock / mundissima For example, in the last three months,
U.S. stock-index futures tumbled late Sunday after President Vladimir Putin raised Russia’s nuclear alert level following stinging new sanctions from the West over the Russian invasion of Ukraine. Dow Jones Industrial Average futures YM00, -1.39% plunged more than 500 points immediately after trading began late Sunday, but recovered somewhat and were last down around 400
What more can we say about energy stocks at this point? Despite the carnage in growth stocks, the volatility in cryptocurrencies and the weakness in the broader stock market, the energy sector continues to perform incredibly well. Over the past month, there’s hardly one sector in positive territory; Aside from energy stocks, obviously. In fact, the