In 2023, Archer Aviation (NYSE:ACHR) stock surged over 250%, drawing the attention of short sellers, with 24.58 million shares shorted as of Aug. 15, up from 14.1% on July 31. With ACHR stock’s average daily trading volume, it would take 3.2 days to cover the short positions, considered moderately high. Thus, this is a company
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The cost to insure a home has soared in many U.S. states in recent years, and lawmakers in Washington are taking notice. Democrats and Republicans sparred during a Senate Banking Committee hearing Thursday over the causes of rising home-insurance rates and deductibles and the trend of some insurance companies abandoning markets in states like California
Some consider market patterns akin to astrology, but seasonality can play a substantial role. Research shows that the S&P 500 typically struggles throughout the summer months (July and August). The index limps into September before closing strong in November and December. To that end, investors should read the tea leaves of the past few months
Dear Quentin, I am the trustee/executor for my 103-year-old grandmother. She is alive and mostly doing fine. Lately, she has been allowing me access to her finances so there are no surprises when she dies. I just reviewed her investment-account statements and found that her adviser bought hundreds of thousands of dollars’ worth of five
As company culture adapts to the new normal and looks to get more boots on the ground with teams reaching for low-hanging fruit (while also thinking outside the box) in an attempt to move the needle and make returning to the office a win-win, workers would like to circle back with some feedback: Don’t use
SYDNEY — Growth for Australia’s commodity-rich economy slowed by less than expected in the second quarter but economists are continuing to warn that a scarring recession remains possible if consumer spending crumbles and a full-blown economic crisis emerges in China over coming months. Gross domestic product grew 0.4% in the second quarter from the first
U.S. stocks were trading lower early Tuesday afternoon, with investors weighing the impact of more international oil supply cuts, weak economic data from China and Europe, and the first drop for U.S. factory orders in months. How stocks are trading The S&P 500 dropped 6 points, or 0.1%, to 4,509 The Dow Jones Industrial Average
With the warmer weather season coming to an end, I wanted to take a look back at some of the hottest summer stock winners of the last few months. While some stocks didn’t have the best quarter (thanks to earrings and a host of other blistering issues), many soared. In fact, let’s take a look
Women have fought for and won bigger roles in the U.S. military in recent years, but a gap favoring their male counterparts emerges yet again when active duty ends and the civilian job hunt begins. Women veterans are more than twice as likely to be unemployed six months after completing their service than male veterans,
In a previous article, I discussed Tilray’s acquisition of Truss Beverage a company that makes cannabis infused beverages. Cannabis producers like Tilray (NASDAQ:TLRY) often raise investor caution due to their historical volatility. The modest market response to the significant announcement of Tilray’s takeover of the remaining 57.5% stake in Truss Beverage, a Molson Coors Canada
There’s one crucial retirement finance question that is so difficult that most investors get it wrong even when you tell them the answer in advance. The question focuses on “life expectancy,” and needless to say answering it correctly is an essential prerequisite to good retirement planning. Underestimate how long you’re likely to live and you
AI Stocks with big money have transitioned from niche chatters to mainstream investing circles. The results are palpable with organizations harnessing this transformative power to revamp operations and boost productivity. Moreover, the metrics are compelling. The global AI market was valued at a whopping $454.12 billion just last year with all signs pointing to a
There is growing inequality among U.S. states when it comes to worker-friendly policies and laws, according to a new report released ahead of Labor Day. But there’s good news, too: Some states that rank in the middle of Oxfam’s annual index of the best and worst states for workers are making progress. In 2018, the
It wouldn’t take a rocket scientist to know that the best-performing Nasdaq stock in 2023 is Nvidia (NASDAQ:NVDA), up 244%. It’s definitely one of the must-own Nasdaq stocks. According to Finviz.com, there are just three Nasdaq-listed Standards & Practices (S&P) 500 stocks that are up more than 100% in 2023; Nvidia is one of them.
After nearly two years of concerns about a recession, growing optimism about the economy is starting to filter down into Wall Street’s expectations for individual companies’ quarterly results, with analysts growing more upbeat about corporate profit in the months ahead While expectations for those quarterly results usually trend lower as earnings season arrives, analysts over
Recently released macro economic data is indicating that the United States economy is heading for a “soft landing.” Specifically, according to the Department of Labor’s Job Openings and Labor Turnover Survey (JOLTS) for July, “2.3% of nonfarm payroll workers quit their jobs” last month, versus the high of 35 during the “Great Resignation.” The “soft-landing”
We’ve lost a giant of American business — a Buffett whose legacy surely will stand the test of time. Not Warren Buffett, who remains very much the Oracle of Omaha at 93 years old. But, sigh, Jimmy Buffett, the singer-songwriter of “Margaritaville” fame who died on Friday at the age of 76. There were always
Following its recent earnings report, SoFi Technologies (NASDAQ:SOFI) stock initially surged, but has since retreated. Despite the pullback, the overall story on this formerly speculative stock remains positive. After its earnings, SOFI stock fell 18%, falling from around $10 per share to $8.17 at the time of writing. While such a move may certainly be
Unlike many regular payments you make for which you would receive a prorated refund if you stopped service in the middle of a month, a person’s last Social Security benefit is an all-or-nothing proposition. To the surprise of surviving family members, this may mean that money disappears from a loved one’s bank account in the
C3.ai (NYSE:AI) stock is a complex play for long-term investors to consider. As one might guess given the company’s ticker, C3.ai is a key player many investors look at in the artificial intelligence space. The company uses an AI-based software platform which allows users to develop and design enterprise AI solutions. Sounds like a massive
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