Daily Trade

Archer Aviation’s (NYSE:ACHR) stock has surged over the past six months, doubling in price since March, thanks to growing interest in flying car stocks. However, it has also attracted a significant number of short sellers and faced criticism. Despite the skepticism, it’s not just “hope and hype” driving the bullish sentiment, and the short side

Drugstore chain Walgreens Boots Alliance Inc. named Tim Wentworth as its new chief executive Tuesday night. Wentworth — the former CEO of pharmacy-benefits manager Express Scripts — first announced the news in interviews with the Wall Street Journal and Bloomberg News. In statement Tuesday night, Walgreens WBA, +0.49% confirmed his appointment, effective Oct. 23. Wentworth

Apple (NASDAQ:AAPL) got the wind knocked out of its sails last week when KeyBanc Capital Markets analyst Brandon Nispel downgraded AAPL stock from Overweight to Sector Weight, the equivalent of Buy to Hold. It wasn’t a big deal as Apple finished the week up nearly 4%. However, since hitting a 52-week high of $198.23 at

If you’re a long-term investor – as in, you like to keep stocks for five years or longer – then you’ll probably do just fine holding Apple (NASDAQ:AAPL) stock. However, right now it’s not a risk-free investment. Even if Apple has been “magnificent” in the past, the company’s near-term future success isn’t assured. As we’ll discuss,

With GameStop (NYSE:GME) ensconced in a business that looks doomed to contract for the foreseeable future and the company embracing a losing strategy, GME stock looks poised to continue slumping in 2024. Also importantly, the retailer’s new CEO has little experience when it comes to leading brick-and-mortar retailers. In fact, one such company that took

Who will be the next speaker of the House of Representatives: Jim Jordan, Steve Scalise — or Kevin McCarthy? With an internal House Republican meeting set for Wednesday to select their nominee, the focus is on House Judiciary Committee Chairman Jordan of Ohio, House Majority Leader Scalise of Louisiana, and back on McCarthy. McCarthy, the

The new class of weight-loss drugs like Ozempic and Wegovy are having a negligible impact on PepsiCo Inc.’s snacks and beverages business, but the trend of healthier eating is causing customers to seek smaller packages and to consume less sugar and salt. That’s according to Chief Executive Ramon Laguarta, who spoke about the trends on the

Treasury yields continued to move sharply lower into Tuesday afternoon trading, as fed funds futures traders priced in a high likelihood that the Federal Reserve may not raise interest rates again. What’s happening The yield on the 2-year Treasury BX:TMUBMUSD02Y slipped 12.8 basis points to 4.949% from 5.077% on Friday. It was headed for its

Unsurprisingly, the current year has been depressing for cannabis stocks. Regulatory headwinds continue to play spoilsport and making stock predictions somewhat difficult. However, some attractive cannabis stocks to buy hint at potential breakout on the upside. First, even without legalization, one cannot ignore the immense addressable cannabis market. Some major companies have even been diversifying

The unprecedented ousting of Kevin McCarthy from the U.S. House speaker’s chair last week sparked a round of understandable anguish for investors and market analysts who saw yet more evidence of U.S. political dysfunction. After all, the move — the result of a vote forced by a handful of hard-right lawmakers in his own Republican

Blink Charging (NASDAQ:BLNK) stock manages one of the largest U.S. EV charging networks, with over 66,478 stations, including 50,167 in the Blink Network. However, there are red flags. The company is unprofitable, and burning through a significant amount of cash. In its latest quarterly report, Blink reported a $41.5 million net loss on $32.8 million

What will happen next to bond yields and interest rates? And how should that influence what investors do with their spare cash? Bond yields began moving higher in earnest early last year in response to a series of interest rate hikes by the Federal Reserve. Earlier this month, the yield on the benchmark 10-year U.S. Treasury note hit

C3.ai (NYSE:AI) stock is a prominent player in the artificial intelligence sector, specializing in enabling the creation and deployment of enterprise AI applications, a critical component for the AI industry’s expansion. The company experienced strong demand reflected in Q1 revenue of $72.4 million, showing year-over-year growth but falling short of last year’s 25% increase. The

Taylor Swift continues to pay dividends for the NFL. The Swift-NFL saga, which includes her rumored romantic relationship with Kansas City Chiefs tight end Travis Kelce and her appearances at two NFL games has created a total equivalent brand value of $122 million, according to data provided to MarketWatch from Apex Marketing, a company that

With so many prospective EV contenders, it can be difficult to gauge which companies will emerge successful over the next decade. For example, Lordstown Motors (OTCMKTS:RIDEQ) forecast production of 98,800 vehicles between 2021 and 2023 in its 2020 investor presentation. In reality, Lordstown produced only 31 vehicles for sale as of January and filed for

Hi, I am going to retire in October 2023. I will be 67. I manage to have roughly $800,000 in taxable investments and about $1.2 million in IRA assets. I grew my portfolio by average monthly investments in McDonald’s MCD, -1.59%, Walmart WMT, -1.68% and Chevron CVX, -1.02%, to name a few.  Long ago, I

While not making a full return to pre-pandemic prices, one can say that United Airlines (NASDAQ:UAL) stock was flying high until recently. Like other airline stocks, shares in this legacy carrier bounced back sharply in late 2020 and early 2021. At first it seemed as if investors were prematurely pricing-in a recovery. But as the

Ready for today’s retirement financing pop quiz? Which of the following has the biggest impact on your ability to sustain your preretirement standard of living? Better-than-average market returns Dipping into home equity to supplement traditional retirement financing (401(k)s, IRAs, pensions, and Social Security) Delaying retirement until age 70 Give up? The third answer is the

This year has been all about breakthroughs in tech. We learned to embrace artificial intelligence (AI) and are now embracing 5G, augmented and virtual reality, quantum computing and the Internet of Things (IoT). The sooner you adapt to the latest developments in tech, the better it is. There was a time when the internet was

Exxon Mobil Corp. is close to a deal to buy shale-drilling company Pioneer Natural Resources for about $60 billion, the Wall Street Journal reported late Thursday. Citing sources familiar with the matter, the Journal said the deal could be finalized in the coming days. The Journal had reported in April that the two companies had