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
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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
The financial fallout from half-empty U.S. office buildings has begun to be reflected in prices for bonds backed by luxury office buildings. From New York City’s famed Park Avenue to San Francisco’s California Street, properties long considered fortress investments are reeling as efforts to return more staff to office buildings in big cities stall. Recent
One of the places to find the best stocks to short are by viewing the Short Interest tables of major financial publications like MarketWatch and the Wall Street Journal. It’s there you find the heavily shorted stocks in the markets. As Investopedia states, “Short interest is the number of shares that have been sold short
This story has been updated to reflect that the Fitch debt downgrades on PacWest, Trustmark and Western Alliance took place in April. Credit rating agency Fitch Ratings on Thursday said it completed a review of the debt of 14 small and mid-sized banks in its coverage and said no further downgrades appear to be needed
On Tuesday, Mullen Automotive (NASDAQ:MULN) released its long-anticipated 10-Q report. It was much like watching a campy horror movie: You know things will be bad, but it’s hard to look away. In three months, the electric vehicle startup produced zero revenue, burned through $67.5 million of operating cash, and diluted shareholders by another 60%. Shares
The Walt Disney Co. will start removing titles from its Disney+ and Hulu streaming services as soon as next week, according to reports late Thursday. Vulture first reported details of the purge, which will involve at least 27 titles, including the Disney+ fantasy series “Willow,” a follow-up to the 1988 movie, which premiered in November;
As the banking crisis persists, bank stocks continue to trade at depressed prices. With this, many investors are waiting for Warren Buffett to step in and save the day. In recent years, Buffett has lowered Berkshire Hathaway’s (NYSE:BRK-A, NYSE:BRK-B) exposure to the sector. However, investors are hoping Buffett could potentially increase Berkshire’s banking stock exposure
Cisco did not reduce its full-year revenue forecast, as a previous version of this article indicated. It has been updated. Cisco Systems Inc. beat expectations for quarterly profit and sales in a report Wednesday, but executives did not increase their top target for annual revenue and revealed that orders declined again, sending shares down 4%
Meta Platforms (NASDAQ:META) stock has multiple, positive, potential catalysts but is facing a few important threats, as I pointed out in a column published on May 14. While performing research for this article, I identified two more potential, positive catalysts (the monetization of messaging and new virtual reality products) and one more threat (an order
Take-Two Interactive Software Inc. shares surged in the extended session Wednesday, after the videogame publisher’s weak outlook appeared to confirm a timeline for the next iteration of its blockbuster “Grand Theft Auto” videogame franchise. Take-Two TTWO, +0.78% shares rallied about 10% after hours, following a 0.8% gain to close the regular session at $125.02, for
With excitement over the rise of artificial intelligence (or AI) still strong, it’s no surprise that Nvidia (NASDAQ:NVDA) shares have continued to stay strong as well. In recent weeks, NVDA stock has remained on an upward trajectory. Adding to its larger gains earlier in the year, when “AI mania” first took hold, shares in the
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