U.S. Treasury yields edged up Wednesday as investors awaited the release of minutes of the Federal Reserve’s July policy meeting, which could offer clues to a timetable for the tapering of monthly asset purchases. Analysts warned, however, that the continued spread of the delta variant of the coronavirus that causes COVID-19 could make the minutes
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Redmond, Washington-headquartered Microvision (NASDAQ:MVIS) is known for providing a technology known as lidar, or light detection and ranging. MVIS stock is among just a small handful of tradable pure lidar plays on the market right now. Source: Oskari Porkka/ShutterStock.com Lidar systems, just to give you a quick primer, use laser beams to form a three-dimensional image
As people watched chaotic footage of the American military withdrawal from Afghanistan as the Taliban seized political power, an increasingly common thought surfaced: how can I help? Google GOOG searches on Monday for the phrase “how to help Afghan refugees” were up 1,050% over the previous day worldwide. In America, searches under “how to help
Go ahead and browse any investment-related social media forum and you’ll quickly discover that Clover Health Investments (NASDAQ:CLOV) stock has a very strong following. Source: Shutterstock I’m not suggesting it’s a meme trade (which has become a controversial term), but CLOV stock certainly has meme-ish attributes. Is that alone enough to justify more than a
Honest Co. investors have had enough, analysts say, after a second-quarter earnings miss drove down the stock, which has already seen a 38.8% decline over the past three months. The benchmark S&P 500 index SPX, +0.26% has gained 7.6% during the period. Shares began trading on May 5. The stock was down 3.2% on Monday
Oracle Corporation (NYSE:ORCL) is leaning even harder into its cloud offerings with its latest announcement. Investors hope the company’s exciting new tech improvements can help push ORCL stock over the top. Source: Jer123 / Shutterstock.com That would be a neat trick considering how quickly Oracle has grown in recent months. It’s been a good growth
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