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
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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
As dividend stocks are a great choice for investors looking for portfolio income and steady returns, you may be interested in the top dividend stocks to watch. But beyond factors like yield and dividend growth, you may want to consider names in this category that are also in the “Green Zone.” TradeSmith offers investors valuable
Constellation Brands Inc. posted better-than-expected earnings for its fiscal second quarter, but the stock still fell more than 3% as analysts said they were underwhelmed by the company’s guidance. The company STZ, -3.39% posted net income of $690.0 million, or $3.74 a share, for the quarter to Aug. 31, after a loss of $1.15 billion,
The surge in long-term treasury yields above 4.75% at the start of the quarter signals optimism about the economy. It also has positive implications for microcap stocks. When treasury yields rise, it often reflects investor confidence in economic growth. Furthermore, this prompts a shift of capital from safer assets like bonds to riskier investments such
The Social Security Administration said Wednesday it would review its overpayment procedures and policies, and may claw back any overpayments found. During the 2022 fiscal year, the agency recovered $4.7 billion of overpayments, according to a report by the SSA’s Office of the Inspector General. While payment accuracy rates are high, overpayments do happen given
Outside of a bullish sell-side rating issued for QuantumScape (NYSE:QS) stock on Sept. 18, things have been pretty quiet with the EV battery developer over the past two months. However, a few weeks from now, the company is expected to release its latest quarterly results. Chances are there will not be any big surprises with
Corporate bonds issued by PNC Financial Services Group Inc. drew in fresh capital in a bullish reaction by Wall Street to the bank’s purchase of a portfolio from the former Signature Bank, according to a data provider in the space. Investors bought about $22.5 million in PNC’s PNC, +0.15% bonds later in the day as news
The Russell 2000 Index has long been known as the best way to track the small to mid-cap investing universe. The index measures the performance of about 2,000 of the smallest publicly traded companies in the United States. It boasts a 15-year return of 8.36%. Numerous investors often look to it in order to capitalize
Home prices rose in August, with New England states leading the pack. U.S. home prices rose by 3.7% in August, compared to the previous year, according to a report released Tuesday by CoreLogic. The median sales price of a single-family home was $375,000 in August. Ranked by states, New Hampshire saw the biggest growth in
It’s no secret that Tesla (NASDAQ:TSLA) stock is one of the most talked-about plays on Wall Street. There are convincing reasons to invest in Tesla now, but the best policy is to wait until Oct. 18 if you’re thinking about buying TSLA stock. I’ll explain why that date is so important. First, however, prospective investors should
The stock market selloff deepened Tuesday, after data showed the labor market remains tight, leaving room for more interest rate hikes and further upward pressure on Treasury yields. How stocks are trading The Dow Jones Industrial Average DJIA fell 372 points, or 1.1%, to 33,059. The S&P 500 SPX was down 53 points, or 1.3%,
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