Daily Trade

It was almost every kind of modern-day financial swindle rolled into one. The mastermind behind an elaborate stolen credit-card scam that used bitcoin, burner phones and digital wallets such as Apple Pay AAPL, -0.42% to swipe more than $600,000 in luxury goods, has been sentenced to three years in federal prison. (Apple was not immediately

Margarita Rodriguez is an early riser, waking at 3 a.m. to prepare for her 4:30 a.m. shift at a Passaic, N.J. delicatessen. But on Thursday, July 15, Rodriguez has something special planned for her morning routine. As soon as she’s up, she’ll check her bank account to see if the Child Tax Credit money for

Zevia PBC, a beverage company that makes zero-calorie and zero-sugar beverages with “clean” ingredients, has filed to go public. The Encino, Calif.-based company plans to list class A shares on the New York Stock Exchange under the ticker “ZVIA.” Zevia expects to offer 14.3 million shares at $13 to $15 each. That would value the

A group of new athletes will join the Major League Baseball family this week as the MLB holds its annual draft. The Pittsburgh Pirates selected Louisville catcher Henry Davis with the first overall pick and the Texas Rangers grabbed Vanderbilt pitcher Jack Leiter — son of retired big league All-Star Al Leiter — with the

Many portfolio managers are increasingly bullish, even with the stock market trading around all-time peaks, according to Citigroup Inc. “Investors want markets to move higher, underscoring the reality that investment professionals are paid to participate and not to sit back and wait for better entry points,” the Citi analysts said in a research note published

There are different ways to get exposure to precious metals. Sure, you can own physical bullion – but you can also invest in Barrick Gold (NYSE:GOLD) as GOLD stock is strongly correlated with the yellow metal’s price movements. Source: allstars / Shutterstock.com Here’s something you’re probably heard: the Federal Reserve called inflation “transitory.” If you’re a

In early February, InvestorPlace’s Luke Lango suggested that FuboTV (NYSE:FUBO) was headed to $200. In mid-April, Lango reiterated his assertion about FUBO stock. Source: monticello / Shutterstock.com It’s one thing for a bunch of Reddit yahoos to be calling for a $200 share price. But, heck, some of them still believe Castor Maritime (NASDAQ:CTRM) is

Clean Energy Fuels (NASDAQ:CLNE) stock has a long and not all that successful history. Source: ZikG / Shutterstock.com Famed energy investor Boone Pickens launched the company way back in 1997 as Pickens Fuel. It rebranded in 2001 to its current name, Clean Energy Fuels and it trades as CLNE stock on the Nasdaq. Pickens passed

A happier title for today’s note is: Three stocks to buy going into the holidays. However I mean to scare readers by sounding more bearish than I really am about these companies. In the long run, these are stocks to buy with confidence but from better vantage. For now they are stocks to avoid. The

Zomedica (NYSEAMERICAN:ZOM) illustrates the expression “buy the rumor: sell the news.” At the beginning of 2021, ZOM stock was trading at 35 cents a share. However, in mid-March, the stock was up 778%. This is because the company was preparing to launch its point-of-care diagnostic tool, Truforma, for dogs and cats. Source: didesign021 / Shutterstock.com    However,

I’m officially in summer mode. The salty sea air. Ocean views. A love … of tech stocks. My hot vax summer is simple and breezy. But my relationship with Palantir (NYSE:PLTR) stock is a lot more complicated. Source: Ascannio / Shutterstock.com I’ve always had a very on again, off again relationship with PLTR stock. My

As Jeff Bezos hands the proverbial car keys of Amazon (NASDAQ:AMZN) to new CEO Andy Jassy, he’s giving him not just a Ferrari, but an army of them. AMZN stock has a market capitalization of almost $1.8 trillion – a number I’d have though impossible just a few years ago – which means Jassy has

There’s no denying it. Times have been tough lately for investors of mobile commerce company ContextLogic (NASDAQ:WISH). Since the company’s initial public offering (IPO), WISH stock hasn’t held up particularly well. Source: sdx15 / Shutterstock.com I won’t try to paint a rosy picture here. It’s a challenging situation if you’re an early investor. Yet, perhaps it’s

I’ve written about Denver-based software company Palantir Technologies (NYSE:PLTR) at least three times since arriving at InvestorPlace in my puke-green 1975 AMC Pacer. And my feelings about PLTR stock may be pretty similar to yours regarding my shag-carpeted lemon (lime?). Source: Ascannio / Shutterstock.com All I’ve seen is underperformance, unrealized hype and whole lotta rollercoaster.

It’s certainly possible that some Reddit traders have targeted BlackBerry (NYSE:BB) for a short squeeze in the past. That story is ongoing, as social media users could pump up BB stock again at some point this year. Source: Paul McKinnon/Shutterstock.com If you take a position in BlackBerry shares during a downturn, you might benefit from a future

I am often asked when one should sell stocks and get out of the market. Source: Sergii Gnatiuk/ShutterStock.com Longtime MoneyWire readers already know my answer. But let me remind you … If there is ever a time when you feel like giving up, selling your stocks, and waiting for the “bottom” in order to buy

Despite some warning signs that the market may be stretched, most traders don’t seem to care. In a way, they have justification for their bullishness. Thanks to the power of coordinated trading on social media and the easy access to equities that mobile trading apps like Robinhood provide, it’s never been easier to speculate on

The stock market has bounced around quite a bit this week, up on Monday, and then down on Tuesday, Wednesday and again today. The reality is the market continues to oscillate, which is why stocks will be up one day and then down the next. This is the oscillating market I have referred to several

Luckin Coffee (NASDAQ:LKNCY) just announced that it might exit bankruptcy if it can raise capital and secure an agreement to a new restructuring deal. This came to light in an announcement by the company on Mar. 16. It was a very important release since it had some good news for Luckin stock owners. Source: Ploy

There aren’t many better growth stories in the market than The Trade Desk (NASDAQ:TTD). But the TTD stock price suggests investors have forgotten that fact. Source: Shutterstock/ Bella Melo From December highs, the stock has fallen more than 25%. It’s down 15% in just the last four weeks. There are some reasons why. The biggest