Daily Trade

The investment thesis for Li Auto (NASDAQ:LI) stock is only partly about its cars. It’s also about China. Li is at the tip of the spear when it comes to China’s export push. Plug-in hybrid cars with luxury features, at reasonable prices, and a range of 600 miles sound like a dream to U.S. car

Nvidia (NASDAQ:NVDA) stock is currently one of the hottest buys, with a remarkable 163% return since the beginning of 2023. This surge has brought the chip maker close to a $1 trillion market cap, putting it in the same league as Apple, Microsoft, Alphabet, and Amazon. However, NVDA stock stands out with its unique valuation.

Darden Restaurants Inc., owner of Olive Garden and Longhorn Steak House reported an 11.8% increase in fourth-quarter net income and a stronger-than-expected fiscal 2024 outlook on Thursday, but its stock fell in premarket trades. Darden’s DRI, +0.36% fourth-quarter profit increased to $315.1 million, or $2.58 a share, from $281.7 million, or $2.24 a share, in

In an hour-long webinar Intel Corp. hosted for Wall Street analysts to provide updates on its contract manufacturing business, the company confirmed that it would be a long slog for investors. Shares of the world’s second-largest semiconductor company fell nearly 5% on Wednesday, following Tuesday’s lesser tumble of 3.8%, when Intel INTC, -6.00% was the

Lately, QuantumScape (NYSE:QS) stock has held up well. Several factors have played a role in this, but alongside factors like the resurgence of a “risk off” mindset among investors on promising macro data, some sector-related news is also giving QS stock a boost. If you’ve been monitoring this electric vehicle battery technology company, chances are

“ Recalled products may catch fire, poison people or suffocate babies months and years later because consumers didn’t learn about the harm they can cause.  ” Even when companies have the best of intentions, anything you buy — from the exercise equipment you use to stay in shape to the vegetables you eat — potentially

What’s the biggest segment of the U.S. economy? The housing market. It regularly accounts for just under 20% of U.S. gross domestic product each year. That’s why they say that as goes the housing market, so goes the economy and the stock market. And today, the housing market just flashed a super bullish signal for

The 10-year Treasury yield isn’t likely to push much above 3.85% for the rest of this year, unless three things happen, according to BCA Research. The benchmark 10-year rate TMUBMUSD10Y, 3.722% reclaimed the 3.85% mark in late May and has roughly held in that range in June, following a sharp drop in bond yields this

Plenty of things can go wrong while you’re on vacation. But a lost or stolen wallet is especially stressful — especially when that wallet contains the ID that you need to get on your return flight home.  That’s what happened to me during a recent trip to Charleston, S.C., when I discovered that someone had

Have you ever bought the stock of an excellent company only to lose money? It happens all the time. The longer you invest, the more you realize you won’t make perfect decisions. More importantly, avoiding bad stocks is the key to long-term success. Warren Buffett’s investment advice on his top two rules for investing: “Don’t

Podcaster and Spotify Technology SA executive Bill Simmons thinks Prince Harry and Meghan Markle are “grifters,” after the royal couple ended their relationship with the streaming platform following an unproductive production deal. Last Thursday, the couple and Spotify SPOT, +5.13% announced their multiyear podcast deal had ended, apparently prematurely. The production deal, inked in 2020

A key U.K. mortgage rate topped 6%, days ahead of a Bank of England rate decision where the central bank is again expected to lift interest rates. The average rate for the two-year fixed-rate mortgage stood at 6.01%, according to Moneyfacts. That’s a big shock as more than 1.4 million households this year face or

SVB Financial Group said Sunday it has reached an agreement to sell its investment banking division to a group led by the unit’s chief executive, Jeff Leerink, and backed by The Baupost Group. In a statement Sunday, SVB Financial said Leerick’s group was the top bidder for SVB Securities. A price was not disclosed. SVB

Intel Corp. plans to build a “huge and unprecedented” $25 billion advanced chip manufacturing plant in Israel, Prime Minister Benjamin Netanyahu announced Sunday. The agreement in principle would see a factory in Kiryat Gat open by 2027, according to a statement from Israel’s Finance Ministry. “This is the largest investment ever in the State of

A big part of investing in biotech is owning takeover names. The quick gains offset a lot of mistakes. Having a biotech stock get bought out simplifies the “sell” decision, too.  Lately, though, biotech investors have been far less enthusiastic about takeover prospects. The Federal Trade Commission (FTC) has cast a shadow over the space

Not long ago, I issued a bullish call on Nvidia (NASDAQ:NVDA) stock. I still like Nvidia’s long-term prospects as a company. However, I don’t recommend investing at any price. My concern is that artificial intelligence (AI) hype has distorted Nvidia’s valuation, so a share price pullback may be due. There are growth stocks in 2023, and

I was wrong about Nvidia (NASDAQ:NVDA) stock. I called it overpriced. While it’s a long-term winner, I thought paying 23 times revenue was too much. Nvidia’s first quarter earnings of $2.04 billion, 82 cents per share, and revenue of $7.19 billion, were well ahead of expectations. But what sent NVDA stock up nearly 25% was

Since its last earnings release last month, there has been little news out of Rivian Automotive (NASDAQ:RIVN). With this, there is plenty of speculation regarding what happens next for the company, and for RIVN stock. Based on how the early-stage electric vehicle maker’s shares are performing right now, it’s clear that the market overall holds

Li Auto (NASDAQ:LI) stock just got a little more complicated. It has won a reputation in China as its best producer of luxury electric vehicles, but its latest model is a hybrid. The company announced the Li 7, a five-seat SUV, February. Li delivered over 10,000 Li 7s in its first month of production. Its

If you feel that 2023’s financial-sector crisis has passed, you might be tempted to load up on Goldman Sachs (NYSE:GS) stock. Yet, a top executive at Goldman Sachs recently issued a warning that investors should pay attention to. Along with that, Goldman Sachs’s planned staff reduction suggests that the company’s management might anticipate near-term challenges. Don’t