Daily Trade

Congress and President Biden are currently pretending to debate whether or not to raise the so-called debt ceiling from its current legal level, which is $31.4 trillion. “Pretending?” Yep. To hear both sides talking, you’d think this was some kind of debate about whether to raise the U.S. national debt above…er…“$31.4 trillion.” Cue laughter. U.S.

With the Scion Asset Management hedge-fund manager rocketing to fame thanks to the film “The Big Short,” seemingly everyone wants to talk about Michael Burry stock picks. Recently, CNBC featured the contrarian and often-enigmatic investor, disclosing Scion’s top 10 holdings as of the first quarter’s end. True to form, these Michael Burry stocks offer an

Shares of Snowflake Inc. sank nearly 13% in after-hours trading Wednesday after the data-software company topped expectations with its latest results but cut its outlook for the full year. Looking at the full fiscal year, the company expects $2.6 billion in product revenue, which would amount to 34% growth. The company’s prior outlook was for

In the face of slowing growth, newfound competition and heavy capital costs, Verizon Communications Inc. Chief Executive Hans Vestberg still sees big potential in the wireless market. Pressed by JPMorgan analyst Phil Cusick to address investor concerns about the mature wireless industry at a Tuesday investor conference, Vestberg defended the money-making possibilities still to come.

The Big Apple is living up to its name as one of the most expensive places to live, with rents at record heights. As government officials and companies try to bring more workers back into the city, a new report by real-estate company Douglas Elliman and appraiser Miller Samuel found that rents were up in

We’ve rolled through a bulk of earnings season, but now we’re hearing from the retail sector. So far, it’s been hit-and-miss, and the retail sector has struggled. That said, there are some of the best retail stocks to buy amid the mess. Consumer spending is the lifeblood of the U.S. economy. Put simply, we live in a

The numbers: The biggest part of the U.S. economy sped up in May, S&P Global surveys showed, but manufacturers lagged behind. The S&P Flash U.S. services-sector index rose to a 13-month high of 55.1 in May from 53.6 in the prior month. Most Americans are employed on the service side of the economy: High-tech, health

Shares of Troika Media Group (NASDAQ:TRKA) tumbled 25% last Thursday after the firm revealed it had received a Staff Delisting Determination from the Nasdaq exchange. Troika had failed to meet two previous deadlines of reaching a $1 minimum bid price, and no further 180-day extension was granted. That means the popular meme stock now has

The housing market has cooled in recent years, but it’s still hot in some parts of the U.S.  “It’s an exciting time to be a realtor in Gainesville,” said Dani Burns, who joined the real-estate profession 21 years ago, and who now works with Keller Williams Lanier Partners. Out of the 15 homes she’s sold

As the saying goes, “nothing ventured, nothing gained.” That’s the trade-off with high-risk stocks. In exchange for the risk of sustaining large losses, investors in risky equities receive the potential for massive gains. During the 2020/2021 runaway bull market, risk-hungry investors crushed it, as speculative growth stocks soared to lofty prices. This was thanks in large

Gold prices headed lower on Monday, adding to last week’s losses, as traders waited to see how the debt-ceiling debate in Washington would shake out — while a stronger U.S. dollar has eaten away at some of the yellow metal’s gains. Price action Gold futures for June delivery  GC00, -0.32% GCM23, -0.32% were off by

Succeeding in the increasingly crowded electric-vehicle market isn’t a walk in the park for any company. As a result, I’m convinced some EV stocks will be winners and some will be losers. That being said, investors have to be careful when they’re selecting EV stocks to buy. Also noteworthy is that I completely agree with Sino

President Joe Biden said Sunday that he believes he has the authority to invoke the 14th Amendment to resolve the debt-ceiling crisis, but that it may be too late in the game to go that route. “I’m looking at the 14th Amendment, as to whether or not we have the authority.  I think we have

Metaverse stocks are nowhere near as popular as they were a few years ago. They’re seen as high-risk now. Rewind to late-2021 and it was just as easy to speculate that they were a surefire ticket to riches. At that time, investors were scrambling to understand what the metaverse was, and what it could be.

Like millions of student loan borrowers, Kate Eminger is in limbo.  She doesn’t know how much her student-loan bill will be when the years-long pandemic-era freeze on payments ends. Eminger’s loans were transferred during the pandemic to a new servicer, but she’s struggled to communicate with the organization, which could help her learn her monthly

The world’s foremost artificial intelligence stock trading algorithm, An-E, predicts that Novavax (NASDAQ:NVAX) stock will gain 7% by June 15. An-E (pronounced Annie) has made this kind of prediction before. Back in December, Wall Street was bullish on Johnson & Johnson (NYSE:JNJ). Analysts were convinced JNJ could only go up… but An-E knew better. The

Hi everyone, welcome back to another Distributed Ledger. This is Anushree Dave, crypto reporter at MarketWatch. May is on track to become the first month in 2023 when NFT trading volume will fall well below $1 billion, according to new analysis from DappRadar. But brands, despite the low trading volume, are surprisingly still launching NFT

When I think of activist investors, Carl Icahn and Bill Ackman always come to mind. While you could argue that Ackman doesn’t practice activism often, the duo’s battle over Herbalife (NYSE:HLF) started in 2012 and continued for several years. There was even a documentary made about the fight between the billionaires.  Ironically, Icahn’s firm Icahn Enterprises (NASDAQ:IEP)

When investors think of technology stocks, they might automatically gravitate toward “the next big thing,” or to the giant companies that dominate the S&P 500 SPX, -0.14%. But Robert Stimson, chief investment officer of Oak Associates Funds, makes a case for diversification through exposure to smaller innovators which he believes are “overlooked in this environment.”

High-risk penny stocks have long tempted investors with the potential for significant returns. However, it is crucial to acknowledge the inherent risks associated with these speculative investments. If you’re investing in high-risk penny stocks, prepare for an exhilarating journey. It’s crucial to acknowledge the inherent risks involved in these speculative investments. This article will focus