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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,

The numbers: The consumer price index climbed 0.5% in July, the Labor Department said Tuesday. Economists polled by The Wall Street Journal had estimated a 0.5% advance. That’s down from a 0.9% gain in June. The rate of inflation in the 12 months ended in July remained at 5.4% for the second straight month, a

Is Peloton (NASDAQ:PTON) a fad pushed artificially higher by the pandemic, or a trend that’s just taking off? That’s the question investors have been asking about PTON stock for quite some time. The company, which operates a fitness platform for live and on-demand indoor cycling classes, received an obvious boost as the pandemic shuttered gyms. 

Welcome to the latest edition of Big Spender, which explores the world of big-ticket products and looks at the less-expensive alternatives. Have an item to suggest? Email [email protected]. The pitch Fashion-conscious folks may already be looking ahead to sweater-weather season and seeking out the perfect cardigan for those chilly fall days. Khaite, a women’s fashion label

Although it is not over, meme-stock mania looks to be dissipating. Lofty valuations are coming down to Earth as retail investors take their profits. Clover Health Investments (NASDAQ:CLOV) stock is an unfortunate casualty of this trend; the shares of the healthcare technology company are down 47% this year. Source: Shutterstock Clover Health, a Medicare insurance

Dear MarketWatch, I am single and own a home on which I have deferred repairs, such as a new roof and an upgraded electrical system. The house was built in 1925, and the prior homeowner remodeled but did not bother with the electrical upgrade.  I would like to get solar installed, but that requires a massive

Skillz (NYSE:SKLZ) is at an inflection point, with short interest of about 17%. The online mobile multiplayer video game company wants to pivot to online gambling. But the market has its doubts about SKLZ stock. Source: NYCStock / Shutterstock.com Skillz shares spiked to more than $45 in February. The stock is down since that peak,

Harley-Davidson has rolled out a new $605 million debt deal backed by loans to buyers of its iconic motorcycles, as the 10-day annual bike rally roars through Sturgis, South Dakota. The world’s largest motorcycle rally has been shaping up to be the busiest in years, despite the recent surge in COVID-19 cases due to the

It doesn’t get much worse than this for a new public company. Just one month ago, ride-hailing app DiDi Global (NYSE:DIDI) launched its initial public offering (IPO) in New York. Source: zhu difeng / Shutterstock.com Investors plowed into the highly-anticipated IPO in hopes of buying the Uber (NYSE:UBER) of China on the cheap. Instead, DIDI stock quickly

A confluence of factors have led the rank and file at Big Tech companies to leave what were coveted jobs a decade ago for the potential riches of startups and young public companies, with some participants calling it the “Great Resignation.” In much the same way that Apple Inc. AAPL, -0.48%, Google parent Alphabet Inc.

News of DraftKings (NASDAQ:DKNG) getting into the non-fungible token (NFT) business may have given its shares a boost late last month. But that’s not the main thing to focus on with DKNG stock. The future of the company’s sportsbook operations is still the main driver. For now, it appears set to remain one of the

The price of bitcoin met resistance as it closed in on its 200-day moving average Sunday. Bitcoin BTCUSD, -1.83% rallied as high as $44,575 early Sunday — almost hitting its 200-day moving average of $44,600 — before slipping. The world’s largest cryptocurrency by market cap was last trading at about $43,700 on Sunday night, according