Daily Trade

U.S. stock benchmarks traded higher Thursday, with the S&P 500 index and the Nasdaq touching fresh record territory, as jobless benefit claims data showed continued slight improvement in the labor market ahead of Friday’s August employment report. How are stocks trading? The Dow Jones Industrial Average DJIA, +0.45% was trading 148 points, or 0.4%, higher

When it comes to video-game retailer Gamestop (NYSE:GME), some folks might call it the original meme stock. The company doesn’t have a positive earnings profile, yet GME stock continues to trade on heavy daily volumes. Source: Emil O / Shutterstock.com Options traders are also jumping into the long side of the trade here. For instance, on

In its second concession with developers and regulators in less than a week, Apple Inc. late Wednesday said it will allow developers like Netflix Inc. and Spotify Technology to provide customers a link to create a paid account that sidesteps Apple’s in-app purchase commissions of up to 30%. The App Store update, part of a

When I was younger, we had a saying on our vacations. “That was scary but not dangerous.” This meant it was fun. Right now, Carnival Corporation (NYSE:CCL) stock is both scary and dangerous. That doesn’t mean it can’t be a winner. CCL stock trades at $28, less than half of its pre-pandemic price. The market

Home builders and other construction companies increase spending in July, reflecting both higher demand and higher prices for materials. Outlays rose 0.3% in July at a $1.57 trillion annual pace, the Commerce Department said Wednesday. That’s how much money would be spent on construction in the entire country this year if outlays rose by the

It’s no exaggeration to say that BlackBerry (NYSE:BB) is a completely different company than it was in the first decade of the 2000s. Prior to the Great Recession, it felt as if BB stock would just keep going up forever. Source: Shutterstock Today, though, it’s almost humorous to think that BlackBerry once held a leadership position

Dear Quentin, My grandparents have an estate valued at over $2 million. My grandfather passed away and my grandmother is not in the greatest of health. They had three daughters, my mom being the oldest. My mom passed away in 1989, and only the two sisters are left. The middle sister is the executor of

The setting for QuantumScape’s (NYSE:QS) success is as good as it gets. It has a home in the environmental, social and governance (ESG) investment theme, which is growing in popularity. Also, the electric vehicle is making a bid for supremacy in the future of propulsion. Therefore, demand for battery solutions will likely remain this strong

After months of lockdowns, one might have thought that Americans would jump at the opportunity to spend money on goods and services besides takeout and streaming services. But the opposite happened in the second quarter this year. Americans spent 9% less in the second quarter compared to the first quarter of this year, according to

The S&P 500 continued chugging into record territory Monday, on track to end August with its best performance over the first eight months of a calendar year since 1997. History offers no guarantees, analysts said, but shows that strong performances tend to see follow-through. The large-cap benchmark SPX, +0.43% rose 0.5% on Monday to post

Viasat (NASDAQ:VSAT) is satellite technology company that primarily provides bandwidth and internet services. These high-speed broadband services are targeted toward consumers, corporations and airlines. The company behind VSAT stock also provides connectivity systems to commercial networks. It’s third segment is government related in which VSAT produces secure government communication systems. Source: Shutterstock Viasat satellites are

2021 has been an exciting year for BioNano Genomics (NASDAQ:BNGO) investors. However, when it comes to stocks, excitement can cut both ways. A spectacular run started last Christmas eve. It saw BNGO stock go from being worth 71 cents to closing at $15.57 on Feb. 16. That’s 2,093% growth. Pretty exciting — especially if you

Dear Quentin, My mother’s home is in her four children’s names, but I’m her caregiver, and have been the only one who has done all of her work, repairs, updates, and taken care of her medical business, My mother has been in the nursing home four times now, I’m the only one responsible for her

The meme stock wave that sent Senseonics (NYSEMKT:SENS) stock higher has come and gone. Yet so far, it hasn’t pulled back in the way other stocks popular with Reddit traders have done. After its slide in July to under $2 per share, the medical technology play has partially bounced back, and today trades for around

Requiring that schoolchildren get vaccinated for COVID-19 “is a good idea,” Dr. Anthony Fauci said Sunday. While acknowledging that a vaccine mandate for kids would likely be controversial, President Joe Biden’s top pandemic adviser told CNN’s “State of the Union” that the benefits would far outweigh the risks. “I believe that mandating vaccines for children

Over the next 20 years, electric vehicles are going to take over the world. We all know this. Every investor, analyst, and financial media personality understands the enormous disruption coming to the multi-trillion-dollar mobility industry – and they all see it as the “investment opportunity of a lifetime.” Make no mistake. It is – but

Last fall, as large school systems across the country announced they wouldn’t be bringing students back to school in person, parents worried about the impact on their children’s educational progress and their own ability to work. Some clamored to get students back into school buildings. Others — if they could afford it — sought alternatives

Investors in electric vehicle battery hopeful QuantumScape (NYSE:QS) stock are not having a good year so far in 2021. QS stock now is near $22, down close to 75% year-to-date (YTD). The record high of $132.73 hit in late December 2020 seems far away in the rearview window. Source: Michael Vi / Shutterstock.com Leading automakers

Dear Moneyist, We just lost my 60-year-old uncle to dementia. He struggled with drugs during his early years, and as a result, my mom raised his daughter. Once he became sober, we were all very close, and we did our best to provide care for him.  His official cause of death was preventable — the

Meme stocks aren’t going anywhere anytime soon. One of the most interesting trends to emerge during the pandemic, this subcategory of stocks is generating a lot of interest, especially from retail investors. And that has led to a sharp increase of buying into companies with high short ratios. This is traditional investing turned upside down.