Daily Trade

Economic experts on Wednesday told the California reparations task force that their calculations of the harms to descendants of enslaved people, which total at least $800 billion, do not constitute an estimate for planned reparations in the state. Speaking in Sacramento, Calif., during the first day of a two-day meeting — during which some members

Since mid-March, the dust has settled on the Rivian Automotive (NASDAQ:RIVN) sell-off. RIVN stock has found support, at between $13 and $14 per share. For investors bullish on the electric vehicle megatrend, this may seem like an ideal entry point to build a position. After all, with so much negativity priced into the EV maker’s

U.S. stock index futures were higher Wednesday morning, helped by a rally in China’s technology stocks, slipping Treasury yields, and a calmer mood in the banking sector. How are stock-index futures trading S&P 500 futures ES00, +0.92% added 32 points, or 0.8%, to 4034 Dow Jones Industrial Average futures YM00, +0.76% rose 207 points, or

Is Amazon (NASDAQ:AMZN) stock on the cusp of a breakout, or just a fake out? It’s been rough going for Amazon’s loyal investors during the past year. However, the story of 2023 is still unfolding, and there are valid reasons to stay in the trade with Amazon. Not long ago, InvestorPlace contributor Bret Kenwell suggested that

JPMorgan Chase & Co. Chief Executive Jamie Dimon will be deposed in two civil lawsuits over the bank’s relationship with the late financier Jeffrey Epstein, according to reports Tuesday. In December, the U.S. Virgin Islands’ attorney general sued JPMorgan, alleging the bank had turned a blind eye to Epstein’s sex trafficking of minors while providing

It’s no surprise that SoFi Technologies (NASDAQ:SOFI) stock has performed poorly as of late. This month’s banking crisis has considerably pressured financial stocks. Add in the surface-level similarity between SoFi, and SVB Financial (NASDAQ:SIVB), and it makes even more sense why the market has gone from bullish to bearish on shares in this fintech firm/neobank.

For DraftKings Inc., 2022 was another banner year — at least it was for the online sports betting and digital sports entertainment company’s three co-founders, if not for investors. The Boston-based company reported $1.38 billion in losses in 2022, narrower than the $1.52 billion it lost the year before, while revenue grew 73% to $2.24

It’s amazing how circumstances can change so quickly. SVB Financial Group (NASDAQ:SIVB) subsidiary Silicon Valley Bank is the poster child of bank failures, but the company’s story definitely isn’t over yet. At the same time, SIVB stock is about to lose its status as a listed asset on the Nasdaq exchange. Like it or not, bailouts

Lyft Inc.’s incoming Chief Executive David Risher looks at the ride-hailing company’s competition with Uber Technologies Inc. as a way to keep both companies “honest and focused,” he said in an interview with MarketWatch on Monday. “There’s lots of two-service dynamics, or market dynamics, like Coke and Pepsi, or the Nasdaq and the [New York Stock

Over the past few weeks, sentiment for Mullen Automotive (NASDAQ:MULN) has continued to worsen. MULN stock costs a dime per share after trading for just under a quarter per share earlier this month. While shares have experienced a sharp plunge yet again, that does not automatically mean that this fledgling electric vehicle maker is on

Judging by the major indexes, it will take more than the Federal Reserve raising interest rates in the midst of the worst banking mess since the 2008 financial crisis for stock-market investors to lose their cool. “Investors are broadly assuming that regulators are going to step in and ringfence the sector if need be, and

Philadelphia residents may want to drink and cook with bottled water, city officials said on Sunday, after a chemical spill in the Delaware River late Friday.  The advisory to avoid drinking or cooking with tap water came during a press conference featuring representatives from Philadelphia’s water department and office of emergency management on Sunday morning.  “Philadelphia Water Department

Dear Quentin, My mother passed away three months ago after a long and horrible decline due to dementia. This devastated me and my immediate family. I also had to leave my job during this time. My mother passed away less than a month after being moved to a memory-care unit, and I am still in

Dear MarketWatch, My wife and I are 57 and looking to retire in five years. Here is what we are looking for in a locale: Mountains within an hour and beach within a three-hour drive. Access to water close by would be ideal (lakes, river, ocean) Moderate climate, with winters near freezing (or warmer) but

After attempting to rebound earlier this year, Mullen Automotive (NASDAQ:MULN) shares have experienced another sharp price decline over the past month. Now trading for just over a dime, MULN stock is now more than ever in the stock market scrapyard. Yet while the market may have written off Mullen as an investment opportunity, Microsoft’s (NASDAQ:MSFT)

Gordon Moore, a founding father of Silicon Valley whose work in the chip industry catalyzed computing, died Friday at 94, with his passing marking the further end of a golden era for the technology industry. An Intel INTC, +1.14% co-founder who played an integral role in several of the earliest semiconductor companies, he is perhaps

Troika Media Group (NASDAQ:TRKA) is a penny stock that has garnered investor attention in the past month. During late February and early March, TRKA stock went “to the moon,” as they say. During this time, shares zoomed from 25 cents to 99 cents per share. However, much like how things usually play out for “flavor

The bottles Jack Daniel’s 12-Year-Old Tennessee Whiskey, $80.00; Jack Daniel’s 10-Year-Old Tennessee Whiskey Batch 2, $70.00 The back story Jack Daniel’s, the great name in American whiskey, has been in the news of late for something most bizarre — a Supreme Court case in which the brand is essentially asserting its trademark and waging a

Should you invest in AMC Entertainment (NYSE:AMC) this year? It’s a tough call, as the company is apparently preparing to increase the number of AMC stock shares in circulation, which could raise dilution concerns. AMC Entertainment is making progress on the financial front, though, so some risk-tolerant traders might consider a small, speculative share position. Ironically

Deutsche Bank shares slumped on Friday, putting the health of another globally systemic important bank in the spotlight heading into the weekend. The German lender’s shares DBK, -12.52% fell 8% in Frankfurt trade, and the Euro Stoxx bank index SX7E, -5.87% fell 4%. Deutsche Bank’s 5-year credit-default swaps widened on Thursday, in what Reuters reported