Daily Trade

Citigroup Inc. announced Wednesday that it decided to pursue an initial public offering (IPO) of its “Banamex” consumer, small business and middle-market banking operations in Mexico. The banking giant said the business will keep its name Banco Nacional de México (Banamex) after the IPO, which is expected to take place in 2025. The IPO will

It’s not difficult to find worrisome news about electric vehicle (EV) manufacturer Nikola (NASDAQ:NKLA). The real challenge would be to identify reasons to buy NKLA stock. Yet, it’s actually possible to build a bull case — and if you have a strong tolerance for risk, you might even end up investing in Nikola today. Suffice

Tina Turner was a rock star — even in retirement. The music legend died this week at her home in Küsnacht, Switzerland, at age 83. Read: Tina Turner, unstoppable superstar whose hits included ‘What’s Love Got to Do With It,’ dead at 83 The former performer retired in 2009 and seemed to love life in

Even though Meta Platforms (NASDAQ:META) stock is up sharply year-to-date, investors need to be careful now. Meta Platforms’ latest layoffs could be a sign of trouble. Also, Meta Platforms will have to pay a high price for failing to abide by data-privacy rules in the United Kingdom. Meta Platforms is involved in multiple different technology fields

Got a question about the mechanics of investing, how it fits into your overall financial plan and what strategies can help you make the most out of your money? You can write to me at [email protected].   Dear Fix My Portfolio,  I recently read the article you wrote about a person who had $5 million+ and

“‘If we are deprived of the Chinese market, we don’t have a contingency for that. There is no other China, there is only one China.’” — Jensen Huang, chief executive at Nvidia That’s Nvidia Chief Executive Jensen Huang, who said he sees the potential for “enormous damage” to U.S. companies if the chip war with

After six years of flying, U.S.-based flight attendant Allyah McIntyre was used to dealing with difficult passengers. During the earliest days of the coronavirus pandemic, dealing with the few passengers who chose to fly was actually a pleasant experience. But as more people began to book airline tickets again, chaos reigned, she said. “The passengers

No matter how you slice it, Microsoft (NASDAQ:MSFT) stock has been a winner in 2023 so far. Some financial traders might have valuation-related concerns about Microsoft. However, the share-price rally could persist as Microsoft will undoubtedly benefit from its practically inevitable acquisition of Activision Blizzard (NASDAQ:ATVI). Microsoft assuredly will continue making waves in generative artificial intelligence.

““While some worry that AI may take their jobs, someone who’s expert with AI will.”” Those were the words of Nvidia Corp. founder and Chief Executive Jensen Huang on Saturday, as he gave the commencement address at National Taiwan University in Taipei. Huang told graduates that businesses and individuals alike need to become familiar with

It’s safe to say that Nvidia (NASDAQ:NVDA) really crushed it with its latest earnings release. That’s the immediate takeaway, following the nearly 25% post-earnings spike in the price of NVDA stock. The chip maker knocked it out of the park with both results and guidance (more below) because of its high AI exposure. This may seem

The bond market hasn’t been this popular for over a decade. For almost 15 years after the financial crisis of 2008, bond yields remained low and the U.S. stock market was much more appealing. That’s no longer the case. Treasury bills TMUBMUSD01Y, 5.246%, which are arguably the safest debt, are now offering yields well above

Dear Quentin, I’m a 46-year-old woman, and single mother to a 14-year-old boy. I bought a centrally located house in Miami after the housing market crash in 2010 for $167,000. The house is small but has a big lot in front of it, and I currently owe $128,000. The house is now worth about $400,000.

A common quip among financial professionals is, “It’s not what you make, but what you keep that matters.” Typically, this phrase is used to call savers’ attention to the impact of taxes, fees and other charges which can erode hard-earned investment returns. However, there’s a new pocket-picker on the loose which all savers need to

Short-squeeze opportunities are capturing the attention of investors, both seasoned traders and newcomers alike. These sudden and dramatic surges in stock prices, can offer enticing prospects for shrewd investors. This article will delve into three unexpected short-squeeze opportunities. These top short-squeeze stocks present intriguing possibilities. When seeking short-squeeze opportunities, identifying stocks with high short interest

“‘I would say 70% of the time being president is a hoot.’ ” Former President Barack Obama, speaking with trailblazing public-radio host Ira Glass during a LinkedIn event focused on finding purpose at work, says he loved being president about 70% of the time. The other 30% he didn’t enjoy quite so much. “This, I

Recently, news with one of Meta Platforms’ (NASDAQ:META) competitors has been discussed as a catalyst for META stock. That would be the potential for a full U.S. ban of TikTok. But given what has transpired since Montana became the first U.S. state to ban the China-owned video-sharing app, that’s a tough sell. I am doubtful

President Joe Biden’s team and House Speaker Kevin McCarthy’s deputies are nearing a deal that would raise the U.S. debt ceiling and avoid a market-shaking default, though getting it through Congress quickly could prove tricky.  McCarthy has said he’ll follow a rule to post any bill for 72 hours before votes, so that could mean

There’s a bad news, good news situation happening with global movie-theater chain AMC Entertainment (NYSE:AMC). The bad news is that a highly respected investment fund reportedly liquidated its full position in AMC stock. However, the good news is that at least one analyst envisions growth and improvement for AMC Entertainment based on expected box-office receipts. AMC

By Kwanwoo Jun Hyundai Motor Group and LG Energy Solution plan to build a $4.3 billion electric-vehicle battery factory in the U.S., strengthening their tie-up overseas to meet growing demand for EVs. Executives from both sides signed an agreement in Seoul on Friday to construct a 50-50 EV battery cell joint venture in Savannah, Ga.,

Plug Power (NASDAQ:PLUG) has demonstrated impressive top-line growth, and the PLUG stock perma-bulls will be sure to point this out. Yet, that’s not the full story. Even as Plug Power reports strong revenue and issues an ambitious outlook, the hydrogen and fuel cell producer seems to have trouble converting its sales into profits. It’s no secret