Daily Trade

After an extended period of consolidation, Lucid (NASDAQ:LCID) stock has surged strongly in the last month. During this period, the stock has nearly doubled. Source: ggTravelDiary / Shutterstock.com Unlike the rally prior to the company’s merger with its SPAC , the recent gains have not been based on speculation. However, it would make sense to

U.S. stock futures traded flat to lower on Friday, as investors awaited November jobs data, at the end of a volatile week driven by headlines over the omicron coronavirus variant and hawkish comments from Federal Reserve Chair Jerome Powell. How are stock-index futures trading? S&P 500 futures ES00, -0.21% slipped 0.1% to 4,569 Dow Jones

Following an early initial public offering (IPO) state of bliss, the Chinese ride-hailing and delivery group DiDi Global (NYSE:DIDI) has left its investors with little cheer. On June 30, DIDI stock made a historical public debut, the second-biggest U.S. IPO by a Chinese company after Alibaba (NYSE:BABA). Source: DANIEL CONSTANTE / Shutterstock.com DIDI stock started trading

U.S. stocks rebounded Dec. 2 with a bounce into the close from a widespread wipeout the day before. Investors were eager to buy the dip, as you can see from the list below. On Dec. 2, the Dow Jones Industrial Average DJIA, +1.82% rose 1.8%, reversing its 1.3% slide the previous day. The benchmark S&P

At its $69.89 peak, investors’ confidence in Jumia Technologies (NYSE:JMIA) also reached its highest point. The euphoria ended when the Nasdaq sank well below its February 2021 highs. JMIA stock fell steadily throughout the rest of the year. There’s a good chance that Jumia will fall further even though it’s trading close to its 52-week

Dear Quentin, My dad died on Nov. 12, with no will, in Indiana. He has three children. He moved to be near his home town in Indiana from Louisiana about four years ago. One of my siblings was there during his illness and signed a do-not-resuscitate.  My dad has a small life-insurance policy, a 401(k),

Spatial data company Matterport (NASDAQ:MTTR) went public in July following a special-purpose acquisition company (SPAC) merger with Gores Holdings VI. Matterport received $605 million in total cash in this SPAC deal, including $310 million from Gores Holdings VI and $295 million from other institutional investors. That’s a lot of money for the company, but is

Thanksgiving and Black Friday are done; bring on the country’s most famous Christmas tree.  Yes, it’s already time for the Rockefeller Center Christmas Tree lighting ceremony in New York City, an annual holiday tradition spanning almost 90 years. While the COVID-19 pandemic closed off last year’s lighting ceremony to the public, this year, people are

If you bought shares of Rivian Automotive (NASDAQ:RIVN) at or near its peak in mid-November, it’s been a bad couple of weeks for you. RIVN stock is 34% off its high of $179.47, made days after the electric vehicle maker went public. And, unfortunately, I don’t see RIVN stock making a comeback any time soon.

Before the omicron variant of the virus that causes COVID-19 emerged, global supply chains were hanging by a thread due to labor shortages, factory shutdowns and elevated demand for goods, especially leading up to the holiday season. Now omicron, which the World Health Organization has deemed a “variant of concern,” is making that thread even thinner.

Bill Ackman’s Pershing Square Tontine Holdings (NYSE:PSTH) announced a new proposal in an 8-K filing on Nov. 26 that would issue a new kind of warrant to its shareholders. The warrant would be free and would have the short form name SPARs (Special Purpose Acquisition Rights). As a result PSTH stock is now trading above

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

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