It’s been a rough time for short sellers. Famed short-seller Jim Chanos recently shut down his fund after years of uneven performance and dwindling assets under management. The rallies in meme stocks, highly speculative tech firms and so on have caused hedge funds big losses on their short positions. But there are still hedge fund
Perhaps you’re not in the market for a Christmas tree as big as the 80-foot Norway spruce at New York City’s Rockefeller Center, which will be lit on Wednesday in a ceremony carried live on NBC and Peacock CMCSA, -0.57% starting at 8 p.m. Eastern. But if you’re shopping for a Christmas tree — a
E-commerce makes it easier for people to buy products. Instead of driving to a mall, consumers can browse on a website, buy what they want, and receive their orders within a few business days. This has paved the way for some amazing e-commerce stocks. Many e-commerce companies have emerged from this trend, with some of
Meta Platforms Inc. will block new political ads one week before the 2024 U.S. presidential election, and will require advertisers globally to disclose when they use AI to create or alter images in political ads. In a blog post Tuesday, Nick Clegg, president of Meta’s META global affairs, detailed how the social-media giant, which owns
Tesla’s (NASDAQ:TSLA) futuristic (a polite way of saying odd) Cybertruck will finally have its big delivery event on Thursday. And even though Tesla CEO Elon Musk said on the company’s third quarter earnings call in mid-October that there are already more than 1 million people who have orders for the quirky looking angular vehicle, the
The next 10 years are set to produce moderately higher returns for U.S. stocks, fixed income, and some alternative investments than expected a year ago, according to BNY Mellon. That’s because the global economy is settling into a somewhat different environment — one in which signs of easing inflation are gaining traction across many countries.
There are few investors who have their every move followed and analyzed like Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) chairman and CEO Warren Buffett. That’s because none have the sustained, long-term success of the Oracle of Omaha. However, there is one stock that Warren Buffet just bought that may come as a shock to you. In the 65
After Black Friday’s record-breaker for online sales, there’s hope that the holiday haul for nonprofits will also be generous on Giving Tuesday, and throughout the year-end charitable giving season. That would be a welcome development for charities that have been burned by inflation and experienced an overall drop in donations last year, experts say. It…
The New York State Cannabis Control Board on Monday voted to approve a legal settlement that may soon clear the way for more than 400 legal cannabis licenses to move forward. The board OK’d the settlement in the lawsuit led by disabled veterans Carmine Fiore, William Norgard and Steve Mejita over New York state’s Conditional
Although the stock market whipsawed investors over the past few years, it showed its resilience by bouncing sharply higher after the pandemic collapse. As it has for more than a century, every double-digit decline by stocks is followed by a bull market. This has paved the way for several stocks with massive potential to explode.
Profits at China’s big industrial companies continued to improve in October, thanks to Beijing’s efforts to stimulate domestic demand. Industrial profits rose 2.7% from a year earlier in October, marking the third month of on-year increase, the National Bureau of Statistics said Monday. In the first 10 months of the year, China’s industrial… Master your
Barring a sudden bout of post-Thanksgiving indigestion, the U.S. stock market looks poised to log a healthy November rally. And while there are certainly no guarantees, history says momentum is likely to beget momentum into year-end. “I think the market is set up for a strong, final six weeks of 2023 and I would expect the
Dear Quentin, I have been in a relationship with this man for five years. I moved into his home a year ago. The plan was for me to pay all the utilities, dog expenses, and groceries. I cook and clean, and take care of things around the house and now he is asking me to
Investors have many ways to play the “green wave,” or the pivot to a net-zero carbon world, but alongside EV stocks, hydrogen fuel cell stocks, solar stocks and other renewable energy plays, battery stocks are another strong choice. A big reason is that the pivot away from fossil fuels will not happen without advanced battery
You likely know that people today, generally speaking, are living longer lives — sometimes much longer lives — than in the past. The average life expectancy in 1930 was 59; now it’s 76, down slightly in the past few years. But how well are we doing with adapting to those longer lives, including potentially much
If you start me up, I’ll never stop. The Rolling Stones, those older rock stars who seemingly never stop, announced a new North American tour Tuesday sponsored by none other than AARP. The Stones will launch their 16-city tour in Houston on April 28. While tickets go on sale to the general public Dec. 1,
Luxury brand stocks have proven to be a great investment throughout the decades. The combination of powerful brands and tremendous pricing power tends to lead to superior earnings growth compared to other consumer-focused companies. However, the luxury market is in a bit of a tailspin right now. Many people spent at a record clip in
Recent advances in longevity research have led many retirees to embrace a “Live to 100!” rallying cry. Their goal: to stay alive for a full century. But what if making it to 100 is more curse than blessing? There’s nothing celebratory about living that long if you’re miserable. Your physical decline can sabotage your final
Competition among electric vehicle manufacturers is never-ending, not only in the U.S. but worldwide. Some data points might lead investors to believe that China-based EV maker Nio (NYSE:NIO) is thriving amid the fierce competition. However, prospective NIO stock buyers need to be careful now as the recent news it’s all positive for Nio. Ultimately, there’s a lesson to be
Active traders might have to wait till markets close before swarming the shops to take advantage of Black Friday deals. While employees of many non-retail businesses will stretch the Thanksgiving holiday into a four-day weekend, taking off Black Friday, markets will see a partial day of trading on the day after Turkey Day. Major U.S.