Daily Trade

He was a glutton for punishment. A Texas man had his sentence more than doubled after he was caught running a $12 million invoice fraud while awaiting trial for a separate multi-million dollar cattle scam. Stewart Kile Williams, 31, of Sweetwater, had pleaded guilty in March to creating a trench-digging service for the oil industry

FuboTV (NYSE:FUBO) is likely on track to produce positive free cash flow (FCF) or come very close to it next year, given the streaming company’s huge subscriber growth. This should become clear to investors and analysts alike when the company produces its Q2 2021 results on Aug. 10. I project that FUBO stock will spike

Tesla Inc.’s profit topped $1 billion for the first time in the company’s history and its sales nearly doubled, zooming past Wall Street expectations, but there was no stock rally late Monday as a “limited” battery supply and the ongoing chip shortage crimped the Silicon Valley electric-car maker’s output and forced it to delay the

It certainly hasn’t been easy to stay the course with intimate apparel and swimwear retailer Naked Brand Group (NASDAQ:NAKD). Investors have had to deal with the huge price moves of NAKD stock, sometimes even on a daily basis. Source: NazarBazar/Shutterstock.com Some folks likely took a position in Naked Brand Group as a wager that shoppers would

The sixth time was a charm for the Dow Jones Industrial Average, closing above the largely symbolic 35,000 milestone for the first time Friday, as the stock market capped a buy-the-dip rebound from a sharp selloff that opened the week. The Dow DJIA, +0.68% ended with a gain of 238.20 points, or 0.7%, at 35,061.50,

PENN stock may be down almost halfway from its high-water mark. Yet, placing a wager on Penn National’s (NASDAQ:PENN) rebound is far from a sure thing. Yes, it does have big exposure to the iGaming (online casinos and sportsbooks) megatrend. Its land-based casinos are also set to recover. But even after its big decline, both factors

The sudden collapse of a condo building in South Florida has many Americans worried about the safety of their own condos and apartments. But residents and buyers alike can take steps to ensure the building they inhabit is secure and not prone to such a disaster. In late June, Champlain Towers South, a 12-story waterfront

There’s no denying that Alibaba (NYSE:BABA) is still an e-commerce giant in China. Yet, at the same time, the current market sentiment isn’t particularly positive towards BABA stock. Source: BigTunaOnline / Shutterstock.com This is typical in the financial markets. A perfectly good company can be a darling one year, and then hated the next year. Informed

Dear Quentin, I am the executor of my mom’s estate. I have three siblings. My mom is going to equally divide her assets among the four of us. There are two issues, however. My mom, one of my sisters and I all co-signed student loans for one of my nephews.    After he graduated, he got

I didn’t know there was such a thing as a pet care ecosystem but apparently it does exist. That is illustrated by Petco Health & Wellness (NASDAQ:WOOF) stock. The company operates not only in the physical retail space but also e-commerce, veterinary clinics, training, grooming and pet insurance. Source: Walter Cicchetti / Shutterstock.com When I

Hi, I am a 55-year-old single woman with one 19-year-old child, and am a lawyer. My annual salary is $295,000. I own a home worth about $490,000. (I have another $110,000 left on it to pay.) I have $53,000 in cash (in the bank) as of today and that will be growing quickly since I

Traders who’ve held shares of online entertainment platform Roblox (NYSE:RBLX) have done well overall since the company went public. Yet, RBLX stock has been frustratingly directionless in the past couple of months. Source: Miguel Lagoa / Shutterstock.com Roblox is a promising company as it offers gamers an immersive virtual world and an escape from reality for

Uber Technologies Inc. acknowledged Friday it had been showing drivers lower fares than what riders actually paid and promised to change the practice, which it attributed to a California law the company spent tens of millions of dollars to support. Uber UBER, -0.23% made the change after San Francisco news site Mission Local reported that

Editor’s Note: This article is part of Joanna’s Top Trades — a weekly feature dedicated toward making you money within a specific space. Joanna’s picks for this week are Autoliv (NYSE:ALV) and Romeo Power (NYSE:RMO) as the top electric vehicle (EV) supplier stocks to trade this week. I’m a green investor — from cars, to

The pandemic may add a wrinkle to the guessing game that normally accompanies Apple Inc.’s June-quarter conference call. Typically the most important tidbit coming out of fiscal third-quarter earnings, which Apple AAPL, +1.20% is scheduled to report Tuesday afternoon, is the company’s outlook and commentary around its September-quarter revenue, which can hold clues as to

Stick around in the business of assessing investment opportunities, and you’re bound to make your fair share of calls that go awry. That’s exactly what happened with my early June take on Vaxart (NASDAQ:VXRT). While I appreciated the company’s distinct approach toward a Covid-19 vaccine, I felt it was doing too little, too late. Therefore,

U.S. stock futures pointed to further gains for Wall Street on Friday, as investors continued to balance positive earnings news with concerns about how rising COVID-19 cases might affect the economic recovery. What are major indexes doing? Futures on the Dow Jones Industrial Average YM00, +0.48% rose nearly 0.4%. S&P 500 futures ES00, +0.52% rose

The investing world has certainly changed in recent decades. If I had proposed to my partners at my former firm in the 1990s that one day we could buy stock in a company that grows marijuana, I would have been fired on the spot. Canadian based Sundial Growers (NASDAQ:SNDL) is just one of the many

After hitting record stock prices on high hopes for alcoholic seltzer drinks, Boston Beer Co. Inc. fell flat Thursday, and executives admitted they had “overestimated the growth of the hard seltzer category.” Boston Beer SAM, +1.89%, maker of Sam Adams beer and Truly-branded alcoholic teas and seltzers, reported a second-quarter profit decline and significant earnings

Canopy Growth (NASDAQ:CGC) and CGC stock lost ground in recent days due to the realization by investors that the new cannabis legalization bill being put forward by Senate Majority Leader Chuck Schumer has got a long way to go before it goes to a vote. Source: Shutterstock   When it does, it’s doomed to fail.