Daily Trade

Haunted by high prices and low inventory, the U.S. housing market can sometimes feel like a horror movie to prospective home buyers. Now there are fears that one villain is back from the dead: the 7% mortgage rate. After mortgage rates surged in March 2022, when the Federal Reserve embarked on a series of interest

Palantir (NYSE:PLTR) stock jumped 25% last Tuesday after the data analytics firm announced a surge in AI-related demand. U.S. commercial revenues rose 70% year over year, driven by a 55% increase in customer count and rising contract values. “AI has radically recalibrated customer expectations for software,” said chief technology officer Shyam Sankar during the company’s

Dear Quentin, My father passed away several years ago. My parent’s home has long been paid for and my mother probably has roughly $120,000 in liquid assets (bank accounts, CDs and a retirement account). My sister and I are the only children, and our names are on the deed as second life tenants. Ownership would

After a slow start to the year, the SoFi Technologies (NASDAQ:SOFI) stock outlook is more positive than you might have believed. While shares are down more than 16% since the start of trading in January, here are three reasons investors should hold on to their SOFI shares. The SoFi Stock Outlook As most people probably know,

A Manhattan judge dealt Donald Trump a powerful blow on Friday, delivering a civil penalty totaling more than $450 million and giving him a three-year ban from the notoriously bare-knuckle world of New York real estate. Trump and his Trump Organization are also barred for three years from borrowing from banks and financial firms registered

Meta Platforms (NASDAQ:META) surprised the stock market recently by announcing it would pay its first-ever quarterly dividend. The owner of Facebook, Instagram, and WhatsApp said the payout will be 50 cents per share, or $2 per share on an annual basis. That works out to a yield of about 0.4% at current prices. It’s not

Just four days after Carl Icahn disclosed a 9.9% stake in JetBlue Airways Corp. and signaled his intention to have a say in the company’s future, the activist investor is said to be nearing a deal for board seats at the low-cost airline. The Wall Street Journal reported Friday that Icahn and JetBlue are in

Nvidia (NASDAQ:NVDA) surprised many investors in 2023 with exceptional gains and financial reports to back them up. The company became a frontrunner in the artificial intelligence (AI) industry and still has plenty of runway left.  NVDA’s success brought more attention to other semiconductor stocks and firms that specialize in AI. Any hint of a tailwind in

Investors will have to wait until at least July for those widely expected interest-rate cuts, according to one Federal Reserve president’s outlook. Atlanta Fed President Raphael Bostic said rate cuts probably wouldn’t be suitable until the third quarter given the current strength of the economy.  That’s a quarter earlier than he originally predicted, Bostic said,

Three of the favorite words to meme-stock investors are “short-squeeze stocks.”  These are stocks where short sellers, betting for a fall in the company’s share price, are squeezed out of their short positions due to an unexpected, rapid increase in the share price.   The higher the short interest, the greater the potential short squeeze. As

Wendy’s is taking an ”always on” approach to breakfast advertising. Wendy’s Co. Shares of Wendy’s Co. slumped Thursday, after the burger chain reported fourth-quarter profit that disappointed Wall Street, amid higher cloud-computing costs, and provided a 2024 outlook that was below forecasts. The company also announced investments to boost growth, including $55 million in breakfast

Certain companies stand at the edge in the global markets, capitalizing on emerging trends with massive gains. From the relentless push for cutting-edge semiconductor technology to the burgeoning demand for renewable energy resources and electric vehicles, investment opportunities are constantly shifting. In the ongoing market backdrop, three companies hold a decisive moat. The first one

Warren Buffett’s Berkshire Hathaway trimmed its holdings of Apple in the fourth quarter, while also selling out of a previous stake in home builder D.R. Horton, according to regulatory filings. There’s also at least one mystery investment that the company received Securities and Exchange Commission not to disclose, for a second straight quarter. Berkshire loaded

Unsurprisingly, Microsoft (NASDAQ:MSFT) continues to soar higher and boasts a market cap above $3 trillion. The tech giant’s ascent has inspired many investors to pursue stocks that can someday reach the $1 trillion milestone.  Finding long-term investments and letting time take its course can be a winning strategy. However, you have to pick the right assets

Signs of distress at retailers Big Lots Inc., Express and the Children’s Place could spell more trouble for the reeling commercial-real-estate market, according to Barclays Research. Corporate bankruptcies have been rising since a pandemic lull, with filings in January touching the highest level since 2020, according to Epiq, a bankruptcy-services company, and Barclays. In February,

Now is a great time for investors to scoop up shares in lithium stocks. The spot price of lithium carbonate and spodumene seems to have hit the bottom. Prices are beginning to return to the upside. Also, inventories are decreasing, which means there could be a positive short-term catalyst in store for investors. These developments

When Lyft Inc. put out its earnings release Tuesday afternoon, the ride-hailing platform forecast a gain this year in an adjusted profit metric. But during the company’s earnings call later in the day, management issued a correction, saying that increase was, in fact, smaller than what it said the first time around. Shares, in the

From a quantitative standpoint, shares of Nvidia (NASDAQ:NVDA) are a strong sell. The company scores an F in the MarketMasterAI stock-picking system, and my most recent February algorithm update only gives NVDA stock 3.5% upside over the next six months. Companies historically sell off after enormous run-ups, and Nvidia’s 400% rise since 2021 lands it

While defense stocks joined in on Tuesday’s broad market sell-off sparked by a hotter-than-expected reading on inflation, that’s after several sessions of gains that came as the U.S. Senate made progress on approving a $95 billion aid package for Ukraine, Israel and other allies. One fund focused on the defense sector — the SPDR S&P Aerospace &

Life is getting more complicated for Tesla (NASDAQ:TSLA) and Elon Musk as the TSLA stock forecast gets hazier by the day.  Once the darling of the Magnificent Seven, if the stock price keeps up its poor performance throughout 2024 ( it’s down more than 20% year-to-date) it could be kicked out of the prestigious club.