Gas Prices Pressure Drivers’ Finances Many Americans are paying higher prices at the pump this holiday driving season, putting strain on their budgets. Gasoline prices have climbed about 50% in a year, and this year’s rise is on pace to be the largest percenta… Nov. 30, 2021 at 3:49 p.m. ET by Hardika Singh
Daily Trade
GameStop (NYSE:GME) shot “to the moon” during the meme stock trading frenzy of early 2021. However, the gravity of the company’s weak business growth outlook and persistently poor earnings could continue to pull GME stock back to Earth. Source: Emil O / Shutterstock.com Interestingly, though, a new vision could also rescue GME stock from this imminent
European stocks skidded on Tuesday on nervousness around the new omicron variant of coronavirus. The Stoxx Europe 600 SXXP, -1.45% fell 1.4% to 460.73, after the chief executive of vaccine maker Moderna MRNA, +11.80% was quoted as saying existing vaccines would be much less effective against the new variant. Stephane Bancel told the Financial Times
Lucid Group’s (NASDAQ:LCID) third-quarter earnings report showed a significant bump in Lucid Air reservations and record liquidity. With the commencement of deliveries and a production ramp-up, LCID stock is one of the best electric vehicle plays in the market. However, due to its recent success, it is valued like an industry stalwart rather than a
Long-dated Treasury yields rose Monday morning, taking back some of the decline seen when investors piled into U.S. government debt during Black Friday’s rout in stocks and oil that was sparked by the discovery of the omicron variant of the coronavirus. What are yields doing? The yield on the 10-year Treasury note TMUBMUSD10Y, 1.508% rose
The euphoria for cryptocurrency reached an intermediary peak in mid-November, lifting Marathon Digital (NASDAQ:MARA) stock to a high of $83.45. Momentum dropped quickly in the days that followed. Source: Shutterstock The company disclosed a Securities and Exchange subpoena on Nov. 15, and Marathon Digital dropped by more than 20%. MARA stock found support at its
Dear Quentin, Please help! I am very concerned for both of my parents. I’m pretty sure my brother took out student loans under my parents’ names without their knowing and I don’t think they understand that they are responsible for paying the money back (not my brother) even though this was done without their consent.
Up until two weeks ago, SoFi Technologies (NASDAQ:SOFI) stock was on a tear. Source: rafapress / Shutterstock.com After getting knocked back below $15 per share following its successful SPAC rollout, SOFI stock went on a strong run between late August and early November, delivering of strong quarterly results. The fintech company was also boosted by reduced
Travelers returning home Sunday after the Thanksgiving holiday are encountering busy airports and full flights, but relatively few of the problems that have plagued air travel in recent months. The holiday week has been a test of whether U.S. airlines have done enough to prevent the kinds of snafus that have resulted in major meltdowns and thousands
In the mood for a fresh cup of joe and some stock-market news? Oregon-based coffee restaurant chain Dutch Bros (NYSE:BROS) is becoming increasingly popular, yet BROS stock still isn’t on the radar for many of today’s investors. Source: Alexander Oganezov / Shutterstock.com That’s not a bad thing, as it could represent an early-stage opportunity in a
This article is reprinted by permission from NextAvenue.org. In May 2019, Joan and Steve Reid left their part-time day jobs — Joan at the public library and Steve at a florist — and relocated from the affluent New York City suburb of Pearl River, N.Y., to the oceanfront community of Vero Beach, Fla. The aim for
GameStop (NYSE:GME) has been one of the year’s most amazing stories. Coming into 2021, GameStop appeared to be a nearly bankrupt video game retailer stuck in a death spiral. However, thanks to social media activism, GME stock flew to the moon in January. Source: rblfmr/Shutterstock.com Management used that opportunity to issue stock and raise sufficient
Dear Quentin, When I was a teenager, my mother was terminally ill. During that time, I remember a few family meetings with my grandparents, my mother, and my aunts and uncles where my grandparents’ estate was discussed. I was included then because it was known my mom was terminal, and I would be getting my
The special purpose acquisition company (SPAC) bubble has come and gone. But investors are still keeping an eye on high-profile blank-check company mergers. One, in particular, that’s been getting attention is the proposed deal between SilverBox Engaged Merger (NASDAQ:SBEA) and Black Rifle Coffee. On the day of the announcement, SBEA stock briefly skyrocketed in price from
If you’re a fan of musical theater, it’s fair to say you’re a fan of Stephen Sondheim, the Broadway legend who died Friday at age 91. A gifted composer and lyricist, Sondheim was his generation’s most artistically significant creator of shows. And what shows they were: “Company,” “Follies,” “Sweeney Todd,” “Pacific Overtures,” “A Funny Thing
After the onset of the Covid-19 pandemic, cloud-based e-commerce platform Shopify (NYSE:SHOP) entered into a boom phase of epic proportions. As a result, anyone who happened to own SHOP stock enjoyed a spectacular return on his or her investment. Source: Beyond The Scene / Shutterstock.com Unlike some other e-commerce companies, Shopify is seller-focused: the company offers
The worst day for U.S. stocks so far this year saw all three major indexes in the deep red on Black Friday, but meme stock investors just saw a bad day for everyone else. While the Dow Jones Industrial Average DJIA, -2.53%, S&P 500 SPX, -2.27%, and Nasdaq COMP, -2.23% all fell hard on a
The current narrative surrounding FuelCell Energy (NASDAQ:FCEL) stock revolves around a few central ideas. Source: Kaca Skokanova/Shutterstock One, the idea that it will rise from President Joseph Biden’s infrastructure bill and the money to be directed toward clean energy. And two, that FCEL stock is a buy-the-dip opportunity. Let’s start there first. Opportunity? Early in
Crude prices slumped on Friday, with investors shedding the commodity after a possibly highly contagious new strain of COVID was detected in South Africa. West Texas Intermediate crude for January delivery CL00, -5.73% CLF22, -5.73% fell $4.86, or 6.1%, to $73.44 a barrel. The contract slipped 0.1% to $78.39 a barrel on the New York
For the past two months, Gevo (NASDAQ:GEVO) has moved sideways, trading between $5 and $8 per share. This comes after GEVO stock tried to bounce back amid news of several promising deals for the renewable energy company, which helped to fuel this. Source: Oleksiy Mark / Shutterstock.com Unfortunately, it didn’t last long. Investors became impatient. Right