Remember the meme stock craze? Yeah. Me neither. AMC Entertainment (NYSE:AMC) stock has been through one helluva story arc over the last couple of years, ultimately to end with a complete roundtrip (and then some). AMC’s financial struggles continue to persist. The company has been grappling with an enormous debt pile, high cash burn rates,
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If you want to dine like the New York media elite — specifically, like Times columnist David Brooks — a New Jersey restaurant is letting you do so, at a far cheaper price. In a now-viral post on X, formerly known as Twitter, the New York Times op-ed writer carped about spending $78 to eat
C3.ai’s (NYSE:AI) impressive stock rally has reversed, with AI stock dropping more than $40 over the past three months. This is mainly because of an earnings report revealed a larger-than-expected loss, because of the company’s AI investments. Of course, many investors may still have high hopes for C3.ai. After all, this is a pure-play AI
VinFast Auto Ltd. late Thursday reported a second-quarter loss of half a billion dollars, saying it delivered more than 9,000 electric vehicles globally for sales of about $315 million in the period. Vietnamese EV maker VinFast VFS, -8.38% went public in August through a SPAC deal, and the stock more than tripled by the end
With the rising adoption of generative artificial intelligence technology, there’s now an AI gold rush, and semiconductor companies are selling the “picks and shovels.” Hence, all eyes are on the top chip stocks to watch, but are these names also in the “Green Zone?” TradeSmith offers investors valuable tools for determining which stocks to watch.
Faraday Future Intelligent Electric FFIE, -6.15% said on Thursday that several of its executives have voluntarily entered into salary deduction and stock purchase agreement plan. The Los Angeles-based electric mobility ecosystem company said the executives agreed to use half of their salary during a three-month period to purchase the company’s stock. Those shares will be
You’ve got your core portfolio holdings, but beyond that, you can have some fun with high-risk, high-potential reward assets like Joby Aviation (NYSE:JOBY) stock. Not everyone should take a share position in Joby Aviation, so learn as much as you can about the company before considering an investment. In a nutshell, Joby Aviation builds electric vertical
David Brooks, a columnist for the New York Times, took to social media to express his dismay over food prices. Does it really cost $78 for a burger and fries? Even at the airport? Social-media sleuths took notice and went on the hunt for this meal. His food choice was quickly identified as the Budweiser
The September slump is in full effect as the S&P 500 fell about 2% since the end of August. Still, investors are finding plenty to be excited about in today’s markets. IPOs are back on the menu, as you’ll soon see – but not all new listings are worth investing in. Likewise, meme stock drama
Wednesday’s Federal Reserve meeting resulted “in a pause with a hawkish clause,” in the words of KPMG economist Diane Swonk. While the Fed kept its interest rate steady in a range of 5.25%-5.5%. Fed Chair Jerome Powell and his colleagues did not rule out one more interest-rate hike this year. At the same time, the
Nvidia (NASDAQ:NVDA) stock is what any logical investor would refer to as a red-hot property. The company’s share price has rocketed higher this year, as the company boasted 100%+ year-over-year revenue growth, to more than $13.5 billion. Its shares have surged approximately 230% this year, a remarkable feat in this uncertain market. Among the high-growth,
When it comes to stuff I obsess about, here’s a short list: Why can’t I get a decent piece of pizza in New York City anymore? (I blame the dollar-slice industry.) Which Andrew Lloyd Webber musical is his crowning achievement? (I’ve become convinced it’s “Evita,” not “Phantom of the Opera” or “Cats.”) And will the
Shopify (NYSE:SHOP) stock has performed well so far this year. That’s not surprising. A combination of better-than-expected results in recent quarters, alongside excitement over potential AI-related catalysts, explain the nearly 75% move higher SHOP stock has made since January. However, while this stock has been a top performer year-to-date, more recently, its performance has been
The grocery-delivery app Instacart, known officially as Maplebear Inc., debuted on Wall Street with a bang Tuesday, opening 40% above where its initial public offering priced before easing later on — potentially paving the way for more IPOs after a two-year dry spell. Shares finished the day up 12% from its $30 IPO price, at
News events, whether conveyed via social media or mainstream outlets, continually sway the stock market. Both positive and negative reports play a role in this influence. Investors must navigate these waters with caution. This has led to the rise of stocks in the news. Investors are tasked with assessing the risks and rewards of various
The Organization of Economic Cooperation and Development on Tuesday lifted its forecast for global growth in 2023, but cut its outlook for economic activity next year. The OECD forecast world growth of 3% this year, which represents a slowing from last year’s 3.3% but an improvement from the group’s previous estimate of 2.7% growth. The
Blackstone (NYSE:BX) President and Chief Operating Officer Jon Gray appeared on Bloomberg Wealth with David Rubenstein in July. Gray, who launched Blackstone’s real estate business in 1992, was asked by Rubenstein where to put $100,000. Gray suggested private and public real estate investment trusts (REITs) to buy were your best bet. His fallback recommendation: a
Wall Street’s so-called fear gauge has been subdued this year, in a “mysterious shrinking” pattern, that’s a bullish signal for equities, according to DataTrek Research. Declines for the Cboe Volatility Index VIX fear gauge come despite continued worries over inflation and elevated interest rates. “We’ve been saying for several months that a low VIX is
Recently, data from the Bureau of Labor Statistics revealed that prices for United States consumers increased by 3.7% in August. This inflation rate was in line with economists’ and analysts projections. Prices grew at a faster pace compared to the previous month. Specifically, on a month-over-month basis, the inflation rate rose by 0.6%, up from
This article is reprinted by permission from NerdWallet. The Federal Reserve has been on an inflation reduction campaign for about 19 months, influencing higher interest rates across the economy. The interest rate that could be affecting the greatest share of households is costly, and one they might have overlooked. Ask someone what their mortgage rate
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