Daily Trade

Eddie Elfenbein started the Crossing Wall Street blog in 2006 by making 25 top stock picks and holding them for 12 straight months with no changes. Then, at the end of the year, he drops five names, adds five more and repeats the process.  Elfenbein has done this for 18 years. He’s been so successful

Hong Kong’s Hang Seng index rose sharply off 14-month lows on Tuesday, leading Chinese bourses higher, following a report Beijing was considering a $278 billion package to support the country’s stock market. Authorities are looking to utilize about 2 trillion yuan ($278 billion), primarily from the offshore accounts of Chinese state-owned enterprises, as part of

The Magnificent Seven stocks are the new FAANG. Unsurprisingly, many members of the FAANG cohort are a part of the Magnificent Seven. The large tech companies that comprise this group have consistently paced and outperformed the market. Investors would have been very happy to start positions in any of the Magnificent Seven stocks ten years

U.S. stocks closed higher on Monday, with the Dow Jones Industrial Average finishing above the 38,000 milestone for the first time in history as fourth-quarter earnings season ramps up. What happened The Dow Jones Industrial Average DJIA went up 138.01 points or 0.4% to end at 38,001.81, its third record close this year, according to

Given the bad news circulating in the last quarter of 2023 about the health of the electric vehicle industry, it’s not surprising that Rivian (NASDAQ:RIVN) stock is down 26% so far in 2024. The Jan 17 target price downgrade of Rivian by Deutsche Bank analyst Emmanuel Rosner contributed to the decline. The analyst cut the 12-month

Archer Daniels Midland shares plunged in premarket trade on Monday as the agribusiness giant said its chief financial officer has been placed under administrative leave, amid an investigation into accounting practices in its nutrition segment. ADM said CFO Vikram Luther was put on immediate administrative leave following a Securities and Exchange Commission “voluntary” request for

The so-called “Magnificent 7” are a group of mega-cap tech stocks that have absolutely dominated the markets in recent years. Investors who remained loyal to these stocks through thick and thin have beaten the market by a wide margin. Unsurprisingly, many investors are willing to let this trade ride. However, large-cap stocks can see their

SolarEdge Technologies Inc. on Sunday said it will lay off about 16% of its workforce, about 900 employees, as part of a restructuring to slash operating costs. “We have made a very difficult, but necessary decision to implement a workforce reduction and other cost-cutting measures in order to align our cost structure with the rapidly changing

The stock market reached a fresh all-time high Friday — its first in more than two years. But that’s not the interesting part… Ask yourself: What typically occurs after stocks hit all-time highs? More all-time highs. On average, I’ve seen that the stock market tends to rise by 12% in the year following the establishment

Brock Purdy signed a four-year contract with the San Francisco 49ers in 2022 that turned out to be one of the biggest bargains in the league today. Because Purdy, 24, was drafted with the last pick in the seventh round of the NFL draft in 2022, he’s locked into a lower yearly salary for his

Finding millionaire-maker stocks could be likened to finding a needle in a haystack! The upcoming decade may be turbulent. Not only will we grapple with a building geopolitical tension globally. But also, worries stemming from climate change and economic malaise are pressing. It’s a sentiment that’s been a subject of concern, reflected from the ongoing

Dear Quentin, In 2007, my now ex-husband and I bought a home, where we lived as a family with our two boys for just a few years before we divorced in 2009. I refinanced the house in my name, and have paid the mortgage and utilities as a single parent ever since.  In 2016, I

The list of stocks to watch for Monday is long. As the saying goes, “There are decades where nothing happens, and there are weeks where decades happen.” Though we’re less than a month into the new year, it seems as though it’s already one of those series of weeks where decades happen – at least

Shares of AMC Entertainment Holdings Inc. extended their gains for a second straight day Friday, providing the original meme stock’s investors with some respite after a poor run of losses. AMC’s stock AMC, +1.81%, which has hit a series of record lows recently, ended the session up 1.8%. The movie-theater chain snapped a six-day losing streak

Electric vehicles and battery storage lead the charge in this full-swing electric revolution. Demand for lithium, a component of lithium-ion batteries, is exploding as a result. Global lithium production is predicted to grow by over 50% to 1.17 million tons this year alone. However, lithium mining and processing still lag far behind projected demand, and

Dear Quentin, My husband and I signed a prenuptial agreement before we married. This is my second marriage, his first. He has no children. I have one child who was an adult when we married so there was no need for my current husband to adopt him. My husband and I live in a home

It’s understandable for investors to feel nervous right now. A few weeks into the New Year and markets are looking rocky. Indexes in the United Sates are in the red to start 2024 and the benchmark 10-year Treasury yield is back above 4%. Furthermore, futures traders now see a 63% chance of an interest rate

““Every step we take closer to very powerful AI, everybody’s character gets plus 10 crazy points”” — OpenAI CEO Sam Altman This is what Sam Altman had to say about the stresses of working with artificial intelligence as he revealed his own thoughts on the dramatic shakeup of OpenAI’s executive board last November. The OpenAI

The stock market will always have good investment opportunities. As investors, it’s our job to establish filtering criteria that we utilize for weeding out the duds. Consider analyzing and potentially adding these three penny stocks to your first-quarter portfolio. Let’s take a quick look. Blink Charging (BLNK) Source: David Tonelson/Shutterstock.com Blink Charging (NASDAQ:BLNK) is booming

U.S. stock index futures were mostly higher Thursday, with the Nasdaq leading the way after upbeat results from Taiwan Semiconductor Manufacturing Company. What’s happening Dow Jones Industrial Average futures YM00, -0.20% fell 77 points, or 0.2%, to 37,381. S&P 500 futures ES00, +0.29% rose 15.50 points, or 0.3%, to 4,786.75. Nasdaq-100 futures NQ00, +0.70% added