Daily Trade

Among the most-followed names in the electric vehicle space, admittedly Rivian Automotive (NASDAQ:RIVN) is in a much better place compared to most of its early-stage EV maker peers. This has likely played a role in mitigating price declines for RIVN stock. Although shares have declined in price by around 51% over the past twelve months,

Dear Quentin, Bradley, a guy who went to high school with my husband and college with me, is getting married, and we were not invited. Normally as an antisocial person, I wouldn’t even bat an eyelid. Of a dozen or so male friends from high school who are all in a very active group chat

Microsoft (NASDAQ:MSFT) stock flourished in the 1990s, when the internet gained acceptance in homes and businesses. In 2023, the toast of the town isn’t the internet, but artificial intelligence and especially generative AI. MSFT stock is flying high because Microsoft is constantly talking about AI, but this isn’t the best time to take a share position.

President Joe Biden on Friday said he’ll focus on using the Higher Education Act to protect student-loan borrowers, after the Supreme Court blocked his forgiveness plan. Read: Supreme Court knocks down Biden’s student-debt forgiveness plan Appearing at the White House, Biden said his administration would use “every tool at our disposal” to provide borrowers with

Nvidia (NASDAQ:NVDA) is now worth over $1 trillion. But in recent days NVDA stock has been backing up. Since hitting a peak on June 20, it is down almost 5%. The market cap is still over $1 trillion entering trade June 27, but barely. Nvidia’s graphics processing units, which focus on math rather than executing

As bad as the inflation picture has been in the U.S., across the pond the experience has been far worse. In May, the United Kingdom’s year-over-year inflation rate was 8.7%, more than double the inflation rate that Americans are experiencing. Bank of England official Jonathan Haskel neatly summed up the problem while speaking to an

Despite facing challenges over the past six months, Rivian Automotive (NASDAQ:RIVN) is experiencing a potential turnaround. The electric vehicle producer is on the brink of a significant acquisition, which has positively impacted RIVN stock. Although the financial specifics of the deal are undisclosed, this development arrives at an opportune moment. Despite recent setbacks, Rivian’s performance

Do devout Christians have to work on Sundays? Will businesses have to make greater accommodations for devout Jewish or Muslim workers? The Supreme Court’s decision on Thursday stands to, for the first time in a haf-century, dramatically reshape federal rules that govern how employers must treat religious employees. In Groff v. DeJoy could come on

Meme-stock traders used to obsess over video game retailer GameStop (NYSE:GME). Those days are in the rearview mirror now, though, and serious investors should pay attention to GameStop’s problems. Furthermore, just because a well-known insider took a large stake in GME stock, this doesn’t mean you have to follow his lead. As you may have heard,

Small-cap stocks — left behind by the 2023 U.S. stock-market rally led by technology stocks — are poised to play catch-up in the second half, shaking off worries about a regional banking crisis that threatened to rattle financial markets earlier this year. “We think that if this rally actually has legs and broadens out, it’s

If current laws remain unchanged, the U.S. budget deficit will widen at a rapid pace and reach levels only exceeded during World War II and the darkest hours of the coronavirus pandemic, the Congressional Budget Office said in a new report released Wednesday. Persistent deficits will cause the debt held by the public to jump

Shopify (NYSE:SHOP), like so many high-profile growth/tech names, has experienced a big stock price recovery. SHOP stock has rallied by nearly 79% since January. Yet even as it appears that a comeback is in full swing, many analysts and commentators are ringing the warning bells about a possible pullback/correction. Many times, bearishness about a popular

SYDNEY — Australia’s monthly inflation reading was much tamer than expected in May, potentially giving the Reserve Bank of Australia time to sit on the sidelines for a while before it raises interest rates further. The monthly consumer price index indicator rose 5.6% in the 12 months to May, coming in well below market expectations

After hitting a 2023 high of nearly $9.75 per share on June 14, SoFi Technologies (NASDAQ:SOFI) stock was hit by bearish analysis that had brought it down closer to $8. The market cap on the online banking company was still $7.8 billion, five times more than the $1.57 billion of revenue it had last year,

A closely tracked global website ranked Chicago as the worst for air quality in the world on Tuesday owed to hovering smoke from Canada, where the drought-hindered fight against wildfires has persisted for weeks. For comparison, Dubai, Jakarta, Doha, Indonesia, and parts of Pakistan, populate top poor-air rankings Tuesday. Detroit and Minneapolis also rank high, suffering

When financial traders are willing to buy a stock at any price, that’s not a good sign. It’s hard to be a contrarian with Microsoft (NASDAQ:MSFT) now, as MSFT stock continues to steamroll ahead on artificial intelligence hype. Yet, no company – not even the almighty Microsoft – can remain a darling of the markets forever.

L’Occitane International’s shares 973, -13.61% fell sharply Tuesday morning after the beauty product retailer reported its net profit for the fiscal year ended March dropped more than 52%. Shares were recently 19% lower at 18.28 Hong Kong dollars (US$2.33), and were headed for their largest one-day decline since the company’s initial public offering in Hong

Analysts want to hit pause on Palantir Technologies (NASDAQ:PLTR) stock, saying the software as a service company is overbought as an artificial intelligence play. Since four analysts downgraded PLTR stock around June 16 they’re down 15%, trading June 22 around $14. The price remains generous. The company had $1.9 billion in sales last year but

Got $100,000 to spare? If so, do the opposite of what happened in Russia over the weekend — don’t make any sudden moves. U.S. stocks were mostly treading water Monday after a dramatic weekend in Russia when Yevgeny Prigozhin, leader of the mercenary Wagner Group, marched to the outskirts of Moscow, Russia’s capital, threatening the

Investors will start the week nervously sorting through the aftermath of a short-lived rebellion by the mercenary Wagner Group that’s seen leaving Russian President Vladimir Putin weakened. “As Monday’s global markets are set to begin trading, investors are laser-focused on whether the short-lived Russia insurrection was only the beginning of a much deeper thunderbolt set