Daily Trade

As you may be aware, electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA) has announced a series of price cuts in recent months. Even if short-term TSLA stock traders didn’t seem to appreciate the company’s strategy at first, the tide of sentiment appears to be shifting. Now is a great time to start a share position in Tesla,

U.S. stocks ended lower Friday, surrendering early gains after a report from the University of Michigan showed consumer sentiment soured in May, helping to revive recession fears. The Dow Jones Industrial Average and S&P 500 each booked back-to-back weekly losses. How stock indexes traded The Dow Jones Industrial Average DJIA, -0.03% slipped 8.89 points, or

The world’s foremost artificial intelligence (AI) stock trading algorithm, An-E, has issued price predictions on these nine hot stocks. 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 algorithm said that

By Ed Frankl The U.K. economy grew slightly in the first quarter, upturning expectations a few months ago of a prolonged recession, though high inflation curbing purchasing power and Bank of England rate rises could put a lid on economic progress in the months to come. Gross domestic product grew 0.1% from January to March

In 2020, I was doxxed for the first time. The culprit was a negative article about XpresSpa, an unprofitable chain of airport-based massage parlors with bizarre plans for surviving the Covid-19 pandemic. To me, it was a case of big dreams and no strategy. XpresSpa fans, however, weren’t pleased. Within hours of publishing the piece,

A bipartisan effort to rein in prescription drug prices advanced Thursday as a key U.S. Senate committee approved a bill aimed at reforming pharmacy benefit managers.  PBMs are powerful middlemen who negotiate between drug companies and health insurers and can influence consumers’ and insurers’ costs for medications, patient access to drugs, and payment terms for

Even though I am making a “crypto vs. stock investment comparison,” I would like to make it clear that in no way should cryptocurrencies substitute stocks in your portfolio. Instead, both stocks and cryptos should go hand-in-hand, with stocks taking up the majority of your portfolio and cryptos taking up to 5%, or 15% if

Former President Donald Trump said Wednesday night that Republicans should force the government to default if Democrats won’t make spending-cut concessions in the debt-ceiling fight. Trump made the comments in a town hall in Manchester, New Hampshire, with Republicans and undecided voters, hosted by CNN anchor Kaitlan Collins. The prime-time event quickly spiraled out of

The world’s foremost artificial intelligence stock trading algorithm, An-E, predicts that PacWest (NASDAQ:PACW) stock will gain 11.2% by June 7. 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

While a breakthrough doesn’t appear imminent in Washington’s debt-ceiling standoff, there is increasing chatter about what could go into a bipartisan deal that ends the stalemate and avoids a market-shaking default. “The centerpiece of an obvious deal would be a two-year cap on discretionary spending, somewhere in between the president’s 6% proposed increase and the

Twilio (NYSE:TWLO) reported first-quarter results for 2023. Twilio reported earnings per share of 47 cents. That was more than double the analyst estimate of 21 cents. The company reported revenue of $1.01 billion. That was slightly higher than the analyst estimate for revenue of $1 billion. You can read the full Twilio press release here.

Stock market investors will be closely watching Wednesday’s U.S. April inflation report as a significant deviation from forecasts may cause losses for those expecting the Federal Reserve to keep interest rates unchanged at its next meeting and potentially cut rates later this year as its year-long monetary tightening cycle ends. The April consumer price index

Investors hunting for most of the hottest initial public offerings (IPOs) may have to wait for some time, especially as there is a recession on the horizon for late 2023. Still, that doesn’t mean there aren’t some hot IPOs you can watch out for that may go public in Fall 2023. The selection may not

New York Federal Reserve President John Williams said Tuesday he is seeing more signs of a further tightening of credit in the wake of the collapse of Silicon Valley Bank, but added it is hard tell how big a tightening it will be compared to other episodes. “We’re seeing more signs —especially maybe in the

Editor’s note: “Buying Opendoor Stock Now Could Be Like Buying AMZN in 1997” was previously published in May 2023. It has since been updated to include the most relevant information available. Anyone who follows me knows this: I’m super bullish on Opendoor (OPEN) stock. Indeed, buying Opendoor stock today could be like buying Amazon (AMZN)

UBS Group on Tuesday outlined its new operating model and leadership team as it said that it anticipates its acquisition of Credit Suisse Group CS CH:CSGN will close in the next few weeks. The Swiss bank UBS CH:UBSG said Credit Suisse Chief Executive Ulrich Koerner will join UBS’s executive board once the transaction is closed,

Investors remain puzzled due to persistent macro challenges, continued interest rate hikes, and the regional banking crisis. Given the ongoing uncertainties, sectors that are resilient during economic downturns could offer attractive investment opportunities. While not entirely immune to recessionary conditions, healthcare companies have the ability to navigate a tough macro backdrop due to the essential

Advanced Micro Devices Inc. shares were rallying for a third day in a row Monday, leading gainers on the S&P 500 index. AMD shares AMD rose more than 6% to an intraday high of $95.66 in Monday trading, while the S&P 500 SPX was flat. Since the stock’s 9.2% drop Wednesday after the chip maker’s

The world’s foremost artificial intelligence stock trading algorithm, An-E, predicts that Alphabet (NASDAQ:GOOG) stock will gain 2.6% by June 2. 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

Crypto exchange Binance paused bitcoin withdrawals twice Sunday, saying the blockchain was congested by too many pending transactions. “We’ve temporarily closed #BTC withdrawals due to the large volume of pending transactions,” Binance said Sunday night on Twitter. “Our team is currently working on a fix and will reopen $BTC withdrawals as soon as possible. Rest