Daily Trade

E-commerce firm ContextLogic (NASDAQ:WISH) stock rose a strong 16% in intraday trading on Monday without any apparent stock-related news to suggest a change in the troubled company’s fortunes. Source: sdx15 / Shutterstock.com WISH stock is still down 91% over the past year. Could Monday’s strong rally point to a sustained rebound in February? An Imminent

Federal regulators are expected to be asked as soon as Tuesday to authorize Pfizer’s COVID-19 vaccine for children as young as 6 months, and the first shots could come by the end of February, according to news reports Monday night. The New York Times and Washington Post both reported Pfizer Inc.  PFE, -0.50% and its vaccine partner, BioNTech

SoFi Technologies (NASDAQ:SOFI) is really shaking things up in 2022, which can only be good for beleaguered SOFI stock. Source: rafapress / Shutterstock.com In mid-January, the company announced it finally got approval from the Office of the Comptroller of the Currency and the Federal Reserve to operate a bank subsidiary, which will be called SoFi

Americans have double vision when it comes to satisfaction with their lives and with the country’s direction. They are chipper on how things are going for them personally, but glum about what’s happening in the bigger world around them, according to a new Gallup poll. At a time when the pandemic is slogging toward its

Biotech is big business. And getting bigger. That’s good news if you’re investing in biotech stocks. According to market research firm Grand View Research, the global biotechnology industry is expected to reach $2.44 trillion by 2028, giving it a compound annual growth rate (CAGR) of 16% over the next seven years. Driving that huge growth

Stock futures pointed to a softer start for Wall Street as the month of February kicked off with a key manufacturing index ahead, and more earnings news from Exxon Mobil, Alphabet and General Motors. How are stock-index futures trading? S&P 500 futures ES00, -0.26% fell 0.2% to 4,493 Dow Jones Industrial Average futures YM00, -0.18%

In recent days, volatility in electric vehicle (EV) stocks has ratcheted up once again. Established and early-stage names alike have sold off. Fisker (NYSE:FSR) is no exception. Already moving lower, this latest, much sharper drop has pushed FSR stock back to around $11 per share. Source: T. Schneider / Shutterstock.com Now, this isn’t the first time

Does this spell the end of Wordle as we know it? The viral word-game sensation is going corporate after it was scooped up by New York Times Co. NYT, +3.38% for an amount “in the low seven figures.” The New York Times announced Monday afternoon its acquisition of the cult-craze game, which allows users six

Maryland-based pharmaceutical company Novavax (NASDAQ:NVAX) is a Wall Street disappointment right now. NVAX stock is down more than 40% so far this year. But that doesn’t tell the full story of the stock’s slide. Source: vovidzha / Shutterstock.com It was less than a year ago that NVAX stock traded for a hair under $330 per

Investors look set to snap up tech stocks on Monday, following an eventful week in which the major stock-market averages actually rose despite wild swings. What’s happening Futures on the Dow Jones Industrial Average YM00, -0.29% fell 69 points, or 0.2%, to 34526 Futures on the S&P 500 ES00, -0.06% were nearly steady at 4424

As a media and telecom conglomerate, AT&T (NYSE:T) has many moving parts. But when it comes to T stock, there’s one thing that’s been top of mind among investors. That would be the future of its dividend. Source: Lester Balajadia / Shutterstock.com At today’s prices, it has a forward dividend yield of 8.58%. In today’s

It’s time to seriously start asking yourself whether Netflix is worth it. With prices for its most popular plan jumping by $1.50 in February, Netflix is suddenly the most expensive major streaming service — more than even HBO Max. The problem is, after an end-of-the-year programming surge, Netflix is in reloading mode, and doesn’t have

In late summer 2021, DraftKings (NASDAQ:DKNG) rebounded to more than $60 and looked ready to find a new high. At its bullish peak, speculators bet that the National Football League (NFL) season start would lift DKNG stock. Traders also thought sports betting gaming license wins would be positive catalysts. Source: Tada Images / Shutterstock.com However,

NEW YORK (Project Syndicate)—Rising inflation in the United States and around the world is forcing investors to assess the likely effects on both “risky” assets (generally stocks) and “safe” assets (such as U.S. Treasury bonds). The traditional investment advice is to allocate wealth according to the 60/40 rule: 60% of one’s portfolio should be in higher-return but more

Kohl’s (NYSE:KSS) stock surged 35% after getting a buyout offer from Starboard Value at $64/share, with other hedge fund and private equity groups reportedly circling. Source: Sundry Photography/Shutterstock.com Shares are trading January 28 at over $60.50, a market cap of $8.27 billion. Shares ended the previous week below $47. Analysts were going on TV to

After Lynne Garell’s husband died of cancer, she told friends she was moving to France for a year. She needed a new adventure, she told them. She arrived in south-central France with a 12-month visa, a lease for an 800-euro-a month two-bedroom apartment in a village of 1,200 people, knowing no one.   Four years later,

South Korean e-commerce giant Coupang (NYSE:CPNG) made a splashy debut with its initial public offering in March. CPNG stock was priced at $35 a share. It shot up to a high of $69 on its first day of trading before closing up 40%. Since then, it’s been mostly downhill for shares. Source: Michael Vi /

Hello there! Got volatility? We bet you do as the Federal Reserve signaled on Wednesday that interest rate increases in 2022 are its main priority. There is nothing new there, as investors had expected as many as four rate hikes this year, but the message is being fine-tuned. Fed boss Jerome Powell wanted to emphasize

I wrote about Gevo (NASDAQ:GEVO) in February 2021 when it was heading towards its meme-stock induced 52-week high. As a company that was, and remains, a pre-revenue company, I made a bearish call on GEVO stock. Source: Shutterstock That proved to be the right call. Since February, GEVO stock went on a steady trip lower,

U.S. stock futures pointed to a mostly firmer start for Wall Street, with technology getting a boost after strong results from Apple, while earnings from Caterpillar and Chevron were ahead. Investors will also focus on important inflation and consumer spending data later. How are stock-index futures trading? S&P 500 futures ES00, +0.25% rose 0.2% to