Daily Trade

WASHINGTON—Senate Democrats are dropping a proposal that would have imposed taxes on vaping, removing a $9 billion provision backed by some public-health advocates from the party’s healthcare, education and climate-change bill, people familiar with the matter said. Lawmakers made the decision as they wrap up the details of the $2 trillion Build Back Better package and
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The stock market got crushed last week. Then, just as quickly as the panic arrived, it left… This week, stocks have been rebounding with a fervor, and just three days into the trading week, the S&P 500 has basically already recovered all of its losses since the omicron variant emerged on Thanksgiving and caused the
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This story has been updated to correct the total revenue, which we previously identified as missing analysts’ expectations. Costco reported first-quarter earnings Thursday. Getty Images Costco Wholesale Corp. on Thursday reported first-quarter profit and revenue that beat Wall Street expectations, as executives said the company is weathering supply-chain issues and inflationary pressures better than other
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Roku (NASDAQ:ROKU) seems to be in an enviable position. It operates the most popular streaming service in the United States. But as the world began to return to some semblance of normalcy, investors sold shares of this and other pandemic plays. Since hitting an all-time high of $490.76 in late July, ROKU stock is down
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California is preparing for a third straight year of drought, and officials are tightening limits on water use to levels never seen so early in the water year. Most of the state’s water reservoirs are well below average, with several at less than a third of their capacity. The outlook for rain and snow this winter, when
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GameStop (NYSE:GME) stock could have an awful day ahead as it released its quarterly numbers. Source: Shutterstock / mundissima Stay around in the equity markets long enough and you’ll find the never-ending debate between two analytical approaches, the fundamental versus the technical. You’ll often hear analysts talk about incorporating both approaches to offer some middle
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Democratic Sen. Joe Manchin of West Virginia on Tuesday continued to express concerns about President Joe Biden’s Build Back Better plan, citing high U.S. inflation. Federal Reserve officials are now say saying inflation is “not transitory and they’re hoping it’ll reduce, and we don’t know — we’ll have to wait and see,” Manchin said at
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It’s safe to say that Germany-based Sono Group (NASDAQ:SEV) isn’t your typical electric vehicle manufacturer, and SEV stock isn’t a run-of-the-mill investment. Indeed, it requires a bold, long-term vision to believe in this company and stock. Source: nrqemi / Shutterstock.com Not long ago, InvestorPlace contributor Luke Lango asked a crucial question: could Sono Group’s flagship vehicle, the
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