Daily Trade

WASHINGTON — A federal appeals court reversed the convictions of two former Deutsche Bank AG  DB, +1.85% DBK, +4.38% traders found guilty of rigging a global lending benchmark, overturning one of the U.S. government’s highest-profile court victories linked to the 2008 financial crisis.  The decision Thursday dealt a blow to the legacy of an investigation that Washington
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Block (NASDAQ:SQ), the payments company formerly known as Square, was never an ordinary transaction processor. With a recent name change, the market is reacting to SQ stock. Source: Sergei Elagin / Shutterstock.com If you got into it early in 2017, you had a gain of 1,800% by the middle of 2021. But since chief executive
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Pros Distinct Bronco aesthetic Standard AWD Clever interior storage solutions Composed on-road and capable off-road IIHS Top Safety Pick+ Cons Most rivals are more fuel-efficient Gets expensive in the upper trims Tight back seats What’s new? Some reshuffling of content between trims and packages Price: The Ford Bronco Sport has a starting MSRP of $27,265. The
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Shares of up-and-coming electric vehicle EV startup Canoo (NASDAQ:GOEV) have shed more than 40% of their value in the past six months. GOEV stock has fallen more than 70% from its 52-week high price of $18.88. Overall, its first year of trading was forgettable. Source: shutterstock.com/rafapress 2022 could be a landmark year for the company,
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The major correction DraftKings (NASDAQ:DKNG) has been on since early September has seen DKNG stock lose almost 70% of its value.  Source: Postmodern Studio / Shutterstock.com Thanks to a terrible first month of 2022 — 374 S&P 500 stocks are down year-to-date through Jan. 21 — DraftKings now trades under $20 for the first time
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Has the retail investor thrown up the white flag? On Monday, they certainly did. According to Peng Cheng, a markets strategist at JPMorgan, retail investors aggressively dumped stocks at the beginning of the day. By noon, there was a retail order imbalance of $1.36 billion. Retail investors sold companies including Apple AAPL, -0.49%, Nvidia NVDA,
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Do you like to ride on the backs of cryptocurrency whales? If so, then you’ll definitely want to check out Fantom (CCC:FTM-USD). Apparently, large-scale traders may be showing interest in Fantom in early 2022. Source: Wit Olszewski / Shutterstock.com Reportedly, one crypto whale recently purchased 500,000 FTM. That order was valued at $1,110,000 – clearly, somebody’s
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With the growth of online retail, I can understand the attraction retail investors have to ContextLogic (NASDAQ:WISH). However, WISH stock is down about 90% from its 52-week high. And the chart hasn’t given bulls much to be encouraged about since early summer.  Source: sdx15 / Shutterstock.com That was when I first wrote about WISH stock.
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