The bottle Half Shell Vodka, $24.99 The back story We’re about to head into April, which is Earth Month. And that had me thinking about booze with an earth-minded point of view. Of course, there are wines made with biodynamic practices. Or grain-to-glass whiskey. But here’s something else: A vodka that’s bottled in…cardboard. Half Shell
Daily Trade
Analysts have a lot to say about electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN). Some of what they’re saying is positive, but there are some cautionary notes as well. By and large, however, the experts on Wall Street generally expect RIVN stock to move higher. So, consider taking a share position in Rivian for the
The world has seen many memorable photos of Donald Trump, from those of him taking the oath as U.S. president to those of him taking a swing on the golf course. But none may prove as memorable as the Trump picture that’s likely to be taken next Tuesday, and possibly released soon thereafter. Namely, the
As you likely know, First Republic (NYSE:FRC) has been making headlines lately, and not in a good way. Over the past month, FRC stock has fallen by more than 88%. The fears driving these declines have been well-founded. Following the collapse of SVB Financial’s (OTCMKTS:SIVB) Silicon Valley Bank (or SVB) subsidiary, the San Francisco-based bank,
Inflation and recession worries, followed by a banking crisis, drove billions of investor money into cash in the first quarter of 2023 — the most since the pandemic’s outbreak. That’s according to the latest “Flow Show” survey from Bank of America released Friday that reported $508 billion flowing into the perceived safer haven of cash
Many Lucid Group (NASDAQ:LCID) stock investors are underwater now, but they shouldn’t lose hope. A share-price recovery is likely, as the market has already punished Lucid for its lackluster 2022 performance. Besides, Lucid Group’s market presence is expanding abroad, and the automaker could establish a strong foothold in Saudi Arabia. The bears and short-sellers will undoubtedly
Netflix Inc. is cutting ties with two longtime creative executives amid a restructuring that will result in the streaming service making fewer movies each year, according to reports late Thursday. Bloomberg News reported the restructuring of Netflix’s film group will combine the small and mid-sized film units, and will result in some layoffs. Lisa Nishimura,
After plunging during February, shares in Google parent Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) rallied during March. Trading for just under $91 per share at the start of the month, as of this writing, GOOG stock changes hands at around $103 per share. The stock is near price levels last seen just prior to the tech giant’s poorly
The month of March is winding down in a not-too-shabby fashion as the banking mess seems calmer for now. After an ugly February, the S&P 500 SPX, +0.62% is set for a 1.4% gain, while the Nasdaq Composite poised to bounce 4%. As MarketWatch’s Isabel Wang reports, tech stocks have drawn safe-haven allure amid the
Last week, I noted that short sellers were playing with fire by betting against GameStop (NYSE:GME). High call volumes and low short float meant the meme stock could quickly become a massive short squeeze. On Tuesday, GameStop shareholders scored another win: The company announced its first profit in two years. Shares in the videogame retailer
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
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