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
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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
Dear Big Move, I’m grappling with the decision to sell my rental property, and I’d appreciate your input. My parents bought properties in their day but always seemed to sell too early and missed out on huge gains. It makes me want to hold on. Here are the key details. I’m 73 years old, though
It’s tough to argue that American Superconductor’s (NASDAQ:AMSC) recent supercharged rally was anything but the product of a meme-like wave of speculative frenzy. AMSC stock didn’t rally on game-changing news. Rather, as InvestorPlace’s David Moadel pointed out recently, chances are that it was statements from Tesla (NASDAQ:TSLA) CEO Elon Musk regarding the U.S.’s future electric
Dear Quentin, I will try to make a very long story short. At 66, I found out quite by accident via Ancestry.com that my father wasn’t my biological father. Nearly everyone involved is dead now, so getting answers has been difficult. The gist is that when my biological dad (he was 18, my mother 16)
The fintech sector, which provides investors with exposure to a blend of finance and technology, encompasses a wide range of companies. Firms operating in this realm focus upon innovation within the financial services realm. These creations can include creating digital payment solutions and peer-to-peer payment apps. The recent market decline has impacted fintech stocks, and
Hong Kong’s morning trading session has been canceled due to a typhoon alert issued by the government, which is currently at signal No. 8. “If typhoon Signal No. 8 or above, or any announcement of extreme conditions, remains issued at 9:00 a.m. (Hong Kong Time), the morning trading sessions for all markets will be canceled,”
Recession talks are scary, but it’s important to remember that a recession isn’t the only outcome. Indeed, plenty of stocks for long-term investors are available to buy now, ones that might provide great returns regardless of whether we get a recession or not. And so, let’s look at three stocks that are excellent deals if
U.S. stock index futures remained higher early Thursday, after the Federal Reserve’s preferred inflation gauge proved largely in line with expectations for July. That leaves investors to look ahead to Friday’s August jobs report. How are stock-index futures trading S&P 500 futures ES00, +0.08% rose 8.50 points, or 0.2%, to 4,532.75. Dow Jones Industrial Average
Propelled by strong earnings and upbeat guidance, the shares of several leading companies are now at their highest level in a year. And while some investors might be weary of stocks trading at 52-week highs, assuming they are destined to fall, many of the securities involved are from best-of-breed companies and household names. In fact,
The U.S. Drug Enforcement Administration is reviewing a recommendation from the Department of Health and Human Services to reclassify cannabis as a Schedule III controlled substance under U.S. law in a move that sparked a rally by cannabis stocks on Wednesday. The historic move — more than 50 years after the Schedule I designation —
Plenty of “hot stocks” from the 2020/2021 runaway bull market have bounced back in a big way so far in 2023, but few have done it to the extent Carvana (NYSE:CVNA) has year-to-date. As you may recall, at one point CVNA stock was changing hands for as little as $3.55 per share last December. Since
U.S. stock futures were slightly softer early Wednesday as the latest rally stalled with bond yields nudging higher. How are stock-index futures trading S&P 500 futures ES00, -0.21% dipped 3 points, or 0.1%, to 4503 Dow Jones Industrial Average futures YM00, -0.08% fell 8 points, or 0%, to 34880 Nasdaq 100 futures NQ00, -0.32% eased
Warren Buffett likes to say that you only need to be right about one or two stocks to succeed as an investor. This helps to explain why the Oracle of Omaha’s portfolio is concentrated in only a handful of stocks. Apple (NASDAQ:AAPL), Buffett’s biggest position, accounts for nearly half (46%) of his $354 billion investment
Sysco SYY, +0.28% has named Greg Bertrand as executive vice president, global chief operating officer, effective Sept. 1. The Houston-based company, which sells and distributes food products to restaurants, healthcare facilities and others, said Bertrand had served as executive vice president for U.S. food service operations since July 2018.
During the 2010s, Block (NASDAQ:SQ) stock benefitted as the company innovated itself to the top among America’s transaction processors. Instead of looking for customers through banks or re-sellers, and building a complex system of special deals, Block went directly to merchants. It offered simple pricing, and a dongle that worked on a mobile phone. It
Gold prices traded marginally higher on Tuesday as traders set their sights on U.S. inflation and labor-market data due later this week. Price action Gold futures for December delivery GC00, -0.16% GCZ23, -0.16% gained 40 cents, or less than 0.1%, to $1,947 per ounce on Comex. Silver futures for September delivery SI00, +0.03% SIU23, +0.03%
Azher Abbasi, the head of bank supervision at the Federal Reserve Bank of San Francisco — which included oversight of the failed Silicon Valley Bank — will retire Oct. 31. Abbasi, the executive vice president of the Supervision + Credit group, joined the San Francisco Fed in 2015. Bloomberg News first reported the news Monday,
August has been a volatile month for the stock market. Corporate earnings, a rise in bond yields, and a deepening economic correction in China have conspired to send all three major U.S. indices down about 3% over the past month. Amid the downturn, there are still some clear winners among the top growth stocks to
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