Daily Trade

The numbers: The index of consumer confidence rose to 113.8 in October from a revised 109.8 in the prior month, the Conference Board said Tuesday. This is the first gain after three straight declines. Economists polled by The Wall Street Journal had forecast a decline to 108. Big picture: Consumer confidence has slumped since the

Grom Social Enterprises (NASDAQ:GROM) is a recently public social media company that is geared to kids under 13. It is also an original content provider of entertainment for kids. The problem is it has no chance of originating profits, at least based on its present financial situation. That means GROM stock is not likely to

The former-CEO of an Australian mobile software company has been sentenced to more than nine years in prison for his role in a massive horoscope text-messaging fraud that bilked $50 million from hundreds of thousands of U.S. cell phone users.  Michael Pearse, 52, was accused of helping develop software that would auto-subscribe unwitting cell-phone customers

So far this month, two factors have enabled shares in Chinese EV company Nio (NYSE:NIO) to make their way back toward $40 per share. First, worries about investing in China have eased a bit. Issues like the Evergrande (OTCMKTS:EGRNF) crisis, as well as China’s crackdown on some of its largest companies, are weighing less on

More than 3 million Americans decided to retire earlier than they would have due to the COVID-19 pandemic, according to a new analysis. Miguel Faria E Castro, a senior economist at the St. Louis Fed, compared retirees to the baby-boomer trend to distinguish between “normal” and “excess” retirements. As of August, he found, there were

In case you haven’t noticed, the whole world is in the midst of supply chain crisis. Long story short, thanks to Covid-19 disrupting global supply chains, businesses can’t find enough parts – or people – to meet demand. One of the industries hit hardest by this is the auto sector. That’s because in order to

Hulu is bringing back two of its best series in November, along with a slate of holiday movies. The “anti-historical” satire “The Great” (Nov. 19) returns for its second season, with Gillian Anderson joining the cast as the mother of Catherine the Great (Elle Fanning), who seize the Russian throne from her husband, Peter (Nicholas

To put it simply, Vinco Ventures (NASDAQ:BBIG) likes to acquire businesses with a technology slant. If you like those businesses, then BBIG stock should pique your interest. Source: shutterstock.com/Postmodern Studio As we’ll see, Vinco Ventures certainly sparked the market’s interest earlier this year, to the point where the share price quadrupled in value. Whether that’s a

Barron’s Rivian’s New Electric Truck Comes With a Perk The new R1T pickup can be configured for a pullout camp kitchen with a range, faucet and sink, lights, and dishware. Its power comes from a 135 kilowatt battery pack that could run a house for some three days. In this new … Oct. 23, 2021

Faced with rapidly plummeting revenues and a persistent loss-making marijuana business, cannabis producer Sundial Growers (NASDAQ:SNDL) has subsequently pivoted to an investing game that former industry giant Aurora Cannabis (NASDAQ:ACB) gave up on last year. Could fortunes be different for SNDL stock investors? Source: Postmodern Studio / Shutterstock.com In a new business strategy that meme

Kris Cunningham never expected to be living in Panama. When her husband, Joel, started talking about retiring to Central America, “I thought he had lost his mind.” She didn’t have a passport and had never been abroad. But after nine years of living in David, a city of 83,000 near the Pacific Ocean and close

Oh snap! That’s what Snap (NYSE:SNAP) shareholders were saying yesterday when the stock plunged 25% in a single day after the company reported disappointing third-quarter numbers. Source: Ink Drop / Shutterstock.com Actually, it wasn’t just Snap shareholders saying that. It was shareholders of all tech and digital advertising stocks. Facebook (NASDAQ:FB). Alphabet (NASDAQ:GOOGL, NASDAQ:GOOG). Twitter

Higher U.S. interest rates threaten the so-called FAAMG stocks. I’m referring to Facebook FB, -5.05%, Apple AAPL, -0.53%, Amazon.com AMZN, -2.90%, Microsoft MSFT, -0.51% and Google (Alphabet) GOOGL, -3.04%, whose combined market caps now represent a quarter of the S&P 500’s SPX, -0.11% total. The source of this growth in valuation has been largely a

Sundial Growers (NASDAQ:SNDL) has been one of the most fascinating corporate turnarounds of the past year. A little over a year ago, SNDL stock was trading for less than 14 cents and the company seemed to be on the brink of bankruptcy. Then the Reddit WallStreetBets phenomenon happened. SNDL stock exploded in a massive short

Dear Quentin, My physically abusive ex and I separated a year ago (we were not married); we have two children together. I have a restraining order against him and I have primary custody of the children.  Seven years ago, we bought a house. Both of our names are on the title but only my name

Something very interesting happened in the stock market yesterday… something that most folks missed or didn’t pay much attention to… but that could help you score 100% returns in 2022. Here’s what happened: Growth stocks and the 10-year Treasury yield both rose. Source: Shutterstock I bet a lot of you are saying: So what!? And

American Express Co. topped earnings and revenue estimates Friday as the company benefited from an acceleration in consumer spending and saw further recovery in the travel and entertainment categories that had been hit hard earlier in the pandemic. The financial services company posted third-quarter net income of $1.8 billion, or $2.27 a share, up from

After a two-month slide, Pfizer (NYSE:PFE) shares are finally moving in the opposite direction. Over the past two days, PFE stock is up by nearly 3%. Source: photobyphm / Shutterstock.com The rebound was sparked by investors anticipating the approval of Pfizer’s Covid-19 vaccine for children ages five to 11 in the U.S. and Canada. If that

Snap Inc. sounded the alarm Thursday for the long-feared internet advertising meltdown that could be coming in the normally busy fourth quarter. Long-feared because ever since Apple Inc. AAPL, +0.15% announced upcoming privacy changes to the iPhone, many companies with internet advertising businesses have been warning about its impact potential looming over their results. Apple

Canadian cannabis giant Tilray (NASDAQ:TLRY) raised several eyebrows when it laid down its plans to reach $4 billion in annual sales by 2024. It recently raised its share count to 990 million shares in hopes of achieving its revenue target. And although the chances of achieving its lofty revenue goal appear to be slim, TLRY stock