Daily Trade

Last month, it appeared as though the market was warming back up to Rivian Automotive (NASDAQ:RIVN) stock since it was trending higher. Largely, because of growing speculation that the electric vehicle maker would report strong production guidance in its then-upcoming quarterly earnings release on Feb. 28. But just ahead of earnings, shares moved lower. After

The Federal Reserve’s new facility set up after the collapse of two U.S. banks last week could see up to $2 trillion of use, according to a new analysis. The Fed last weekend set up a lending program called the Bank Term Funding Program. What’s unique about it is that banks are allowed to pledge

Editor’s note: “QuantumScape: The ‘Forever Battery’ Stock With Millionaire-Maker Potential” was previously published in March 2022. It has since been updated to include the most relevant information available. Imagine having a $10,000 investment that grew to over $40 million dollars. Well, let me let you in on a little secret. The best way to become

Dear MarketWatch,  I’m a 36-year-old with a job paying around $115,000 a year. I’ve done pretty well with my 401(k) and have $435,000 in it. I manage and rebalance it myself and even managed to gain around 6% in 2022 despite the bear market.  My goal is to retire early. The earlier the better but

What are well-heeled investors buying nowadays? As we’ll discover, some of them are taking share positions in machine-learning software specialist C3.ai (NYSE:AI). There’s conviction in AI stock as it provides direct exposure to the artificial intelligence (AI) market, which has strong upside potential. 2023 might be remembered as the year when machine learning was thrust into

SoFi Technologies Inc. Chief Executive Anthony Noto is continuing his buying spree, scooping up another $240,000 worth of the financial-technology company’s stock Thursday amid pressure on banking names. Noto purchased 45,000 shares of SoFi SOFI, -0.46% at an average price of $5.3936 Thursday, according to a filing with the Securities and Exchange Commission. That buying

Stocks are trying to stage a rally on Thursday, even as worries persist over Credit Suisse (NYSE:CS), regional banks, interest rates and more. Going into the last day of the week, investors are looking at hot stocks for tomorrow. Drilling down into specifics, the Federal Reserve will soon be in focus, as it’s expected to

Amgen Inc. on Thursday said it would lay off about 450 employees, or less than 2% of its workforce, as it faces increasing pressure from drug prices and high inflation. “We made these changes to realign our expense base in the face of intensifying pressure on drug prices and high levels of inflation so that

When you think about artificial intelligence (AI), New York-based enterprise automation software maker UiPath (NYSE: PATH) probably isn’t the first company that comes to mind. Yet, UiPath is actually immersed in AI, and the company has a notable partnership with the almighty Amazon (NASDAQ:AMZN). So, while it won’t always be a smooth ride, expect PATH

BlackRock Chief Executive Larry Fink raised the specter of the “silent crisis” of retirement facing the global economy as increased longevity makes issues such as higher housing and healthcare costs for retirees more daunting. In his closely watched annual letter, Fink, the co-founder of the $8.6 trillion money manager BLK, +1.38%, said “investing for a

Last week ended with a bang and this week started with one. The regional banking crisis has reintroduced a wave of volatility into the financial system, something we’re seeing all across the board. Now more than ever it has investors looking at the hot stocks for tomorrow. SVB Financial (NASDAQ:SIVB) failed late last week and

Thousands of miles away from U.S. shores early Wednesday, a headline began working its way across Europe, then Wall Street, sparking fresh panic as it dawned on investors they may be facing yet another banking crisis. In Zurich, shares of Credit Suisse CS, -13.94% CSGN, -24.24% tumbled more than 20% at one point to a

Are you afraid to invest in the banking sector in 2023? There’s no need to be, as app-based bank SoFi Technologies (NASDAQ:SOFI) is quite different from its competitors. Naturally, SOFI stock will have its ups and downs this year. Yet, there are multiple reasons to expect SoFi Technologies to deliver outstanding value to its shareholders. Don’t

First Republic Bank absorbed debt rating downgrades from three major bond research firms Wednesday as concerns mounted it will suffer further deposit flight that will hurt already modest profitability. S&P Global Ratings downgraded its issuer credit rating on First Republic Bank by four notches to BB-plus from A-minus on Wednesday, placing it in speculative grade,

If you had $200 billion lying around, why wouldn’t you want to have your own bank? That’s probably what Twitter CEO Elon Musk thought when he floated the idea of buying SVB Financial’s (NASDAQ:SIVB) subsidiary Silicon Valley Bank on March 11. Other tech and crypto moguls have since offered up plans of their own. If you

Signature Bank of New York was being investigated by the U.S. Justice Department for its work with crypto clients before it was seized by regulators over the weekend, according to a new report. Bloomberg News reported late Tuesday that federal prosecutors were investigating whether the bank was taking the necessary steps to identify potential money

If you wanted to build a profitable bank, how would you do it? The founders of SoFi (NASDAQ:SOFI) certainly had the right idea. Instead of lending to businesses (which tend to chase after the lowest-possible interest rates), why not loan cash to rich kids instead? Or at least the kids you think will become rich

There’s some good news for fans of a four-day workweek. People who worked eight fewer hours per week were just as productive as those clocking in for a standard 40-hour week, according to a 2023 real-world study. And feedback on the four-day workweek was “overwhelmingly positive.” The study was conducted by 4 Day Week Global in

In December 2022, InvestorPlace.com contributor Joel Baglole picked out Seven Surprising Stock Picks for Contrarian-Minded Investors. His picks would prove masterful. Not only did he pick out Coinbase (NASDAQ:COIN) – one of the top performers of the stock market this year. He also chose Meta Platforms (NASDAQ:META), Zillow (NASDAQ:ZG) and AMC Entertainment (NYSE:AMC), a wide

Japanese bank stocks fell sharply Tuesday morning as the country’s government bond yields hit multimonth lows in the wake of Silicon Valley Bank’s collapse. Shares of Mitsubishi UFJ Financial Group Inc. 8306, -7.45% were recently 7.5% lower and shares of Sumitomo Mitsui Financial Group Inc. 8316, -7.60% were down 8.0%. Bank stocks had surged since