Daily Trade

Analysts are pounding the table for Rivian (NASDAQ:RIVN) stock.Shares are down 16% so far in 2023. They have lost more than half their value in the last year. The company is losing money hand over fist. Rivian loses $33,000 per car and delivered just 15,564 in the third quarter. Yet there are people still telling

Moody’s Investors Service cut its rating outlook to negative from stable on Bank of America Corp., JPMorgan Chase & Co. and Wells Fargo & Co., but the stocks rallied Tuesday on the heels of tame inflation data. “The rating actions … reflect the potentially weaker capacity of the government of the United States of America

Meta Platforms (NASDAQ:META) has a number of threats to contend with, including regulatory resistance from the European Data Protection Board. Yet, the biggest threat of all might come from a famous electric vehicle (EV) manufacturing mogul. Overall, I still like the growth prospects for META stock, but investors should consider Meta Platforms’ challenges. I must admit, Meta Platforms

SYDNEY — Australian businesses reported the slowest pace of prices growth in October since July 2020, sending a positive signal that inflation is in retreat. According to the latest monthly survey of business by the National Australia Bank, overall price growth was just 1.0% in quarterly terms, the slowest pace since the early months of

Alphabet (NASDAQ:GOOGL,NASDAQ:GOOG) stock may be bouncing back, after the Google parent’s recent earnings letdown, but a continued recovery in the near-term may not be in the cards. Multiple factors may impact share performance, including one that is often overlooked but remains a risk (the antitrust lawsuit filed against Alphabet by the U.S. Department of Justice).

Nvidia Corp. shares are on track Monday to log their longest winning streak in nearly seven years as they hover near their all-time high. The chip giant earlier Monday introduced its new artificial-intelligence chip, promising significant performance improvements relative to the prior model. The H200 is the first graphics-processing unit from Nvidia NVDA, +1.07% to

The current year has been rewarding as compared to 2022 when growth stocks were decimated. As we inch closer to the new year, it’s time to relook at the portfolio and build a strategy to boost returns. With macroeconomic challenges sustaining, I would remain overweight on blue-chip dividend stocks. At the same time, there needs

SK Hynix 000660, +1.46% has started shipping new advanced mobile chips to Chinese smartphone maker Vivo–the latest sign of recovery in global demand for memory chips. The South Korean memory-chip maker said Monday that its up-to-date 16-gigabyte packages of low-power-double-data-rate 5 turbo chips would equip and power Vivo’s latest smartphones, the X100 and X100 Pro.

Tesla (NASDAQ:TSLA) stock has overcome many hurdles under CEO Elon Musk. The company scaled electric vehicle production and has a leading market share in the most competitive market, China. It has brought the price of its Model 3 below $40,000. It has become the most valuable car company in the history of the world. But

The bottle Eagle Rare 25 bourbon, $10,000 The back story Yes, you read that right: This is a bottle of bourbon that costs…Ten. Thousand. Dollars. But it’s probably a bargain if you can find it at that price.  That’s because it’s an extremely rare bourbon, with just 200 bottles being released. And it comes from Buffalo

Last year, every major index plunged into bear market territory. While they eventually reversed course, the S&P 500’s gains were driven by just a handful of stocks. The so-called Magnificent 7 sticks are a group of mega-cap tech stocks identified by Bank of America (NYSE:BAC) Chief Investment Strategist Michael Hartnett as providing all the lift

See ya, Sunbelt. The best place to retire is now Harrisburg, Pa. That’s according to the latest ranking by U.S. News & World Report, which extolled seven Pennsylvania cities as top 10 retirement destinations. Daytona Beach, Fla., was the only southern town to make the top 10, coming in at the No. 8 spot.  Harrisburg

Paypal (NASDAQ:PYPL) stock has had a rough go of it, but the company has a storied history. It gave Elon Musk his first big profit. Co-founder Peter Thiel became one of Silicon Valley’s leading political players. But that’s all ancient history. What PYPL stock has been doing lately is disappointing investors. Shares are down 22%

Strength in technology stocks as U.S. equities enjoy a bounce off their October lows looks like a breakout that signals the potential for strength into year-end, a technical analyst said Thursday. “After a 12% correction from the July highs, the bears thought tech was finally cracking but the sector has come roaring back with a

Tesla (NASDAQ:TSLA) has undoubtedly been among the best-performing stocks of our generation. The fact that early investors booked gains of 200x on this mega-cap stock (which hit a valuation well over $1 trillion at its peak) is remarkable. In many respects, TSLA stock paved the way for an entire sector, allowing us to see a

“In-favor stocks tend to fall out of favor, and vice versa.” Stocks’ yearly performance rankings are a field day for contrarians: One year’s worst often are the subsequent year’s best, and vice versa. Consider Nvidia NVDA, +2.95%, which is by far the best-performing stock this year among those in the S&P 500 SPX — up

Regardless of how TSLA stock is performing at any given time, Tesla (NASDAQ:TSLA) CEO Elon Musk remains a highly controversial figure. Musk has turned heads by acquiring Twitter, a move experts predicted would compromise Tesla. He has also been in the hot seat for his social media presence and his backing of speculative cryptocurrencies. Although

The tainted eye drops that the Food and Drug Administration recently warned people to stop using ASAP have reportedly been traced back to a factory in India.  The more than two dozen affected eye-drop brands sold by retailers like Walmart, CVS, Target and Rite Aid were made by Kilitch Healthcare India Ltd. in Navi Mumbai,

Apple (NASDAQ:AAPL) has surged 40% year-to-date, garnering a “buy” rating from analysts, with an updated target price of $187.73. In the consumer electronics sector, Apple has continued to remain the dominant force, providing continued innovation in key areas many view as the next profit centers for the company. The company has historically generated value through

The U.S. arm of the Industrial & Commercial Bank of China was hit by a ransomware attack, reportedly causing disruptions to the U.S. Treasury market. ICBC 1398, -0.81%, the world’s largest bank by assets, announced Thursday that U.S.-based ICBC Financial Services “experienced a ransomware attack that resulted in disruption” to certain internal systems on Wednesday.