After taking investors on a miserable ride for several years, General Electric (NYSE:GE) shares are showing promise. Over the course of just three and a half years, the struggling multinational saw its stock lose over 80% of its value. Once the world’s most valuable company, GE stock collapsed in an epic fashion. However, the turnaround
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Intel Corp. Chief Executive Pat Gelsinger still hopes to win back Apple Inc. as a customer, but says Intel will have to outcompete the tech giant to do so. In an interview aired Sunday night on “Axios on HBO,” Gelsinger told Axios reporter Ina Fried that he doesn’t blame Apple AAPL, +0.75% for dropping Intel
Interestingly enough, most U.S. stock traders probably didn’t think much about Chinese ride-hailing giant Didi Global (NYSE:DIDI) until DIDI stock tanked recently. Both the company and the stock have been in the headlines lately, but not with positive news. Source: Piotr Swat / Shutterstock.com Some dabblers in Chinese stocks have learned the hard way that China’s
The 65 million Americans who receive Social Security are getting a raise. The government announced Wednesday that they are getting a 5.9% cost of living adjustment (COLA), the biggest increase in four decades. Beginning in January, the average retiree will get $1,646 per month, an increase of $91. Last year’s COLA was 1.3%. Read: What the COLA hike
The market is hot right now for meme stocks. Over the last 12 months, we have seen the rise of innumerable novel investment strategies. Whether it is the rise of SPACs, special-purpose acquisition companies, or electric vehicle stocks, it has been unprecedented for the markets. But none of the new investment themes is as astounding
Secretary of Transportation Pete Buttigieg is facing criticism over his decision to take paternity leave while the country faces major supply-chain issues. But the controversy is also prompting renewed discussion among parents, parenting experts and others about the need for men to have time off following the birth of a child. Buttigieg, a candidate for
North America’s largest supplier of flat rolled steel, Cleveland-Cliffs (NYSE:CLF), saw its shares pop on Monday. CLF stock closed on Oct. 8 at $20.63, but ended Monday’s session at $21.46 for a 4% pop. Source: Pavel Kapysh / Shutterstock.com The catalyst? On Monday, the company announced it is acquiring Detroit-based Ferrous Processing and Trading Company
Dear MarketWatch, I purchased my condo back in 2008 for half of the price my condo got appraised for. Since then I have met my boyfriend and we had two kids so we are busting out of the seams from my condo. My boyfriend and I are both business owners, so we are only cleared
QuantumScape (NASDAQ:QS) has had a difficult 2021. After topping out just below $133 per share in December, QS stock has lost more than 80% of its value. It’s been tripped up by a number of things recently, including insider stock sales, a devastating short-seller report and a washout within the special purpose acquisition company (SPAC)
Freight bellwether J.B. Hunt Transport Services Inc. expects bottlenecks at West Coast ports to intensify heading into the holidays, with congestion continuing to snarl labor-strapped logistics networks and strong shipping demand extending into 2022. “While peak season is upon us, we believe the bottlenecks on the West Coast are going to compact and even intensify
Tesla (NASDAQ:TSLA) is reportedly expanding access to its Full Self-Driving Beta 10.2 software. Many TSLA stock investors are hoping autonomy will eventually be a big business for Tesla. Source: Grisha Bruev / Shutterstock.com The controversial FSD software has generated plenty of criticism on social media. After reading some of the comments and watching some videos,
Pearson shares were suffering their worst one-day performance in nearly two years as the publisher reported declining revenue from its higher education unit. Pearson PSON, -12.18% PSO, +0.20% shares fell 13% — its largest one-day decline since the 14% drop on Sept. 26, 2019 — after it said higher education underlying revenue fell 7% over
Stocks can be many things, but they surely include elements of risk as investors’ seek to build wealth. Camber Energy (NYSE:CEI) stock has been making headlines for its very volatile price action – and it appears to have room for further volatility. Source: Shutterstock The real questions related to the volatility of CEI stock are whether
Johnson & Johnson placed into bankruptcy its liabilities for tens of thousands of claims linking talc-based products to cancer, hoping to drive a settlement of personal-injury claims that are expected to grow for decades to come. The healthcare company said Thursday that a corporate affiliate holding talc-related liabilities had filed for chapter 11 protection “to resolve
ContextLogic (NASDAQ:WISH) stock may still rank as one of the most talked-about stocks on Reddit’s r/WallStreetBets subreddit. But as the “meme stock” trend has continued to cool, don’t count on this giving WISH stock the momentum it needs to bounce back toward prior price levels. Source: sdx15 / Shutterstock.com That goes for any potential it
Apple Inc. shares fell slightly Tuesday after a report indicated the smartphone giant is poised to cut iPhone production orders due to component shortages, but one analyst views supply-chain pressures as a buying opportunity. Morgan Stanley’s Katy Huberty sees several reasons why investors should “buy the dip” amid global supply woes, even after Bloomberg reported
Lucid Group (NASDAQ:LCID) combined two of 2021’s hottest trends — electric vehicle startups and special-purpose acquisition companies. The problem was that by the time the company completed its reverse merger with Churchill Capital Corp. IV in late July, investor interest in both trends was significantly diminished. Still, LCID stock shot up as much as 20%
Don’t pass the salt. The Food and Drug Administration is concerned about America’s salt consumption, and the agency issued new guidance Wednesday for restaurants and food manufacturers to voluntarily reduce the amount of sodium in their food to 3,000 mg per day — still higher than the recommended daily allowance — over a 2.5-year period.
Did you see solar stocks on Monday? This particular green sector went parabolic! While the S&P 500 dropped 0.7%, the entire Invesco Solar Portfolio ETF (NYSEARCA:TAN) posted a very impressive 3.6% gain (plus a 0.7% after-hours pop), paced by a 10% gain in Daqo Energy (NYSE:DQ) and a 9% gain in SunPower (NASDAQ:SPWR). The catalyst?
Shares of Plug Power charged higher to a sixth straight gain on Tuesday, ahead of the hydrogen and fuel cell systems company’s much-anticipated annual symposium later this week. Analyst Christopher Souther at B. Riley said he believes the symposium, to be held virtually on Oct. 14, will be key for gauging the company’s long-term potential.