Daily Trade

Dear Quentin, I have (or, I should say, “had”) a wealthy benefactress who gave me money six years ago as a gift. Now her financial situation has changed (she’s down to her last several million) and she texted me last week that she would like the money she “provided” (her words) back — adding that

Following a wild week, shares of online brokerage Robinhood Markets (NASDAQ:HOOD) have settled down, leading many investors to wonder if the HOOD stock is a meme stock after all? Source: OpturaDesign / Shutterstock.com After running up 87% between Aug. 2 and 4, HOOD stock seemed destined to join the ranks of the meme stocks that

Some folks like to invest in ChargePoint (NYSE:CHPT) because it allows you to be brand-agnostic. By that, I mean you can hold CHPT stock and be part of the vehicle electrification movement without wagering on any specific automaker. Source: JL IMAGES / Shutterstock.com This makes sense, as all electric vehicles will require charging stations to keep

We are on the cusp of a once-in-a-generation technological revolution. No. I’m not talking about electric vehicles. Or self-driving cars. Or clean energy solutions. Or space tourism. In fact, you’re probably completely unaware of this seismic shift that is just around the corner, because Wall Street (and Main Street) are completely sleeping on this coming

Scott Peng, the founder and chief investment officer of New York investment manager Advocate Capital Management, made at the beginning of the year what seemed to be a prescient call — that the yield on the 10-year Treasury would spike. And it did, for a while, surging as much as 83 basis points in the

Financial giant State Street Corp. is vacating its two New York City office locations. Executives at the Boston firm STT, -0.73% told New York staffers they won’t be returning to its Midtown Manhattan offices, according to people familiar with the matter. It expects to sublease the two offices near Rockefeller Center to other companies. Many of State Street’s

U.S. retail behemoth Walmart is looking to hire someone to develop a digital currency roadmap, joining Amazon in looking for ways to let customers pay for goods with cryptocurrencies. A recruitment ad on its website said Walmart WMT, +0.32% is looking for a senior director based in company headquarters in Bentonville, Arkansas, who will “identify

Treasury prices rose early Monday, pulling down yields, as a round of weaker-than-expected data out of China, and headlines around the Taliban’s seizure of power in Afghanistan, soured investor appetite for riskier assets. What are yields doing? The yield on the 10-year Treasury note TMUBMUSD10Y, 1.278% fell to 1.272% from 1.297% at 3 p.m. Eastern

Why is Tesla (NASDAQ:TSLA) – a car company – worth more than $700 billion? Because, as the bulls like to say, Tesla isn’t a car company. It’s an energy company. Chamath Palihapitiya — an early Facebook exec turned super successful venture capitalist — put it best in a 2021 CNBC interview: “The reality is that

Good companies don’t need Wall Street experts’ seal of approval — but it certainly doesn’t hurt. Fisker (NYSE:FSR) recently got a favorable rating from a prominent analyst, and FSR stock owners should be happy about that. Source: Eric Broder Van Dyke / Shutterstock.com It’s a bold move for an analyst to have a bullish stance on

Tesla Inc. set its shareholder meeting for Oct. 7 at the Fremont, Calif., factory, with a call for reducing its directors’ terms among the proposals the electric-car maker will bring to the table, the company said in filing late Friday. One of the proposals calls for each director’s term to be reduced from three years

Following the closing of its SPAC (special purpose acquisition company) merger, what’s the next move for Lucid Group (NASDAQ:LCID) stock? At this point, it’s hard to tell. The narrative that made this one of the hottest electric vehicle stocks remains in play. This may lessen the chance it falls back below $20 per share. Source:

The numbers: The University of Michigan’s gauge of consumer sentiment plunged to a preliminary August reading of 70.2 from a final July reading of 81.2. Economists polled by the Wall Street Journal had expected an August reading of 81.3. There have only been six larger losses in the history of the survey. Key details: According

Back in October of 1927, the world’s leading scientists descended upon Brussels for the fifth Solvay Conference – an exclusive, invite-only conference dedicated to discussing and solving the outstanding preeminent open problems in physics and chemistry. In attendance were scientists that, today, we praise as the brightest minds in the history of mankind. Albert Einstein

Hi,  I am a 33-year-old that is actively saving and building toward a passive income stream enabling me to either retire early or shift to a nonprofit career instead of my current job in tech.  I have about $200,000 in taxable investment accounts, $120,000 in liquid savings, and own my home with a $240,000 mortgage

It has been a rocky few weeks for the stock market amid concerns that a resurgence in Covid-19 cases would slow economic growth. Moreover, gold prices have also risen in the past few weeks, worrying investors about inflationary pressures. Hence, they are looking to forego riskier investments and avoid catching the proverbial falling knife stocks.

Mortgage rates surged higher in the wake of July’s strong jobs report as the market begins to price in a change in stance at the Federal Reserve. The 30-year fixed-rate mortgage averaged 2.87% for the week ending Aug. 11, up 10 basis points from the previous week, Freddie Mac FMCC, +1.92% reported Thursday. It’s the

Chegg (NYSE:CHGG) is popping after a strong second-quarter earnings report. Chegg’s strong numbers eased fears that demand for the company’s online education platform would taper off as the world normalized and students returned to school. Source: Casimiro PT / Shutterstock.com We didn’t see those fears come to fruition in any sense. Instead, Chegg experienced massive subscriber

Corrected to show Tesla delivered 201,304 vehicles during the second quarter. Chinese electric-vehicle maker Nio Inc., which sells no cars in the U.S., has a market capitalization of $60.2 billion. By that measure, it is larger than Ford Motor Co., which was founded in 1903. That might make sense to you as an investor —

Fabless chipmaker Nvidia (NASDAQ:NVDA) earned its reputation by pioneering graphics processing units (GPUs), which made video games more realistic. And over time, NVDA stock has posted astounding gains. Source: Allmy / Shutterstock.com As we’ll see, those gains might be too much, too fast. The run-up in share price over the past few months has been astounding,