Daily Trade

No one can guarantee that it will be easy to make money as an investor of electric vehicle (EV) battery manufacturer QuantumScape (NYSE:QS). There will be bumps along the road, no doubt. Yet, there’s room for significant upside eventually, as QuantumScape’s relentless drive to innovate will drive the future growth of QS stock. A lot has

Charles Schwab Corp. is well known as the premier discount broker in the U.S., but some may not realize that it’s actually a savings and loan holding company. Schwab’s SCHW, -8.35% main banking subsidiary is Charles Schwab Bank SSB, an insured depository institution based in Westlake, Texas. The bank had $349 billion in total assets

U.S. financial regulators on Sunday said Silicon Valley Bank customers would have access to all their money on Monday, days after the bank failed. Announcing new steps, the Treasury Department, Federal Reserve and Federal Deposit Insurance Corporation said their moves would “ensure that the U.S. banking system continues to perform its vital roles of protecting

When package-deliverer FedEx Corp. reports its third-quarter earnings on Thursday, the results won’t just be about the state of shipping. They’ll be about all the state of people and businesses that still want it, after e-commerce demand cooled off last year and FedEx FDX, -2.66% itself embarked on a quest to slash billions in costs.

Short-squeezes have been making headlines in stock trading as an increasingly popular phenomenon. A short squeeze occurs when investors who have bet against a company’s stock (by “shorting” it) are forced to buy back their shares to cut their losses. This sudden buying activity can lead to a surge in the stock’s price, causing a

Hi, I’m 64 and getting ready to retire in one year. I owe approximately $165,000 on my house with no other debt. I have close to $850,000 in retirement savings, $2,200 a month from a pension, approximately $,2300 a month in Social Security benefits and $300 a month from my ex-wife’s pension. I also drive

Will investors of California-headquartered electric vehicle (EV) manufacturer Mullen Automotive (NASDAQ:MULN) finally catch a break in 2023? The company hasn’t achieved profitability yet but has made progress in other respects. Besides, there’s an event happening this week that could drive interest in MULN stock. To put it mildly, it’s been a bumpy ride for Mullen’s

Silvergate Capital SI, -11.27% served as one of the main banks for the crypto industry, prior to its collapse earlier this week. The news came just a week after the firm delayed its annual report to the U.S. Securities and Exchange Commission, causing shares of the Silvergate Capital to slump. Here’s an overview of the

There are plenty of electric vehicle (EV) startups out there to choose from. So, why should you invest in Polestar Automotive (NASDAQ:PSNY)? The answer is that PSNY stock is likely to gain substantial value during the next couple of years due to Polestar’s improving financials and ambitious plan to sell tens of thousands of EVs. Just

Investors agreed with all of Apple’s recommendations at its annual general meeting Friday, passing all company proposals and rejecting all shareholder proposals. A report on median pay gaps across race and gender came closest to approval among the five shareholder resolutions, receiving 34% of votes. Among the investor proposals that failed to get a majority vote

Cash-strapped electric bus and van startup Arrival (NASDAQ:ARVL) received a financial lifeline last month. That’s when it locked down a financing deal with Antara Capital. The hedge fund has committed to buying $50 million worth of newly issued shares of ARVL stock. Antara also agreed to exchange $121.9 million worth of Arrival convertible notes for

Investors in the U.S. stock market will be watching Friday’s jobs report closely with a hope that any signs of weakness in the labor market could give the Federal Reserve more room to go easy with its next interest-rate hike in two weeks.  Investors currently expect the Fed to re-accelerate the pace of rate hikes

After two days of testimony from Federal Reserve Chairman Jerome Powell, the stock market is in a state of limbo. Investors are hyper focused on the hot stocks for tomorrow. Basically, investors want to know if the S&P 500 is about to enjoy another leg to the upside and take out the recent highs or

Picture this: You’re scrolling through LinkedIn and notice a job posting for the same role you’re doing now, as a contractor — and the job post says it pays $32,000 to $90,000 more than you make.  That’s apparently what happened to Kimberly Nguyen, a UX (user experience) writer in New York City, who has been

Last week, I wrote that Troika Media (NASDAQ:TRKA) might be one of the most mispriced penny stocks of the year. The advertising firm’s fundamentals… and completely misunderstood balance sheet… meant that retail investors had likely found a 1,000% winner. In honesty, I also oversimplified matters by calling Troika Media a “surprisingly ordinary reverse merger.” What’s

Markets are nearing the end of a tough week, with one more hurdle to go after Fed Chairman Jerome Powell set investors straight on his willingness to go to the mat on inflation. Next up is Friday’s nonfarm payrolls, though weekly jobless claims are due this morning and equity futures are struggling. If 2023 turns

It’s been a bumpy and volatile week, and that’s no surprise when you look at the economic schedule. Amid all of the headlines, investors are looking at the hot stocks for tomorrow. Even though earnings have died down a bit, there are still companies reporting their quarterly results. Additionally, the Federal Reserve is dominating the

Several executives of Airbit Club, a so-called cryptocurrency mining and trading platform, have pleaded guilty in New York for their roles in an international fraud and money laundering scheme, according to a press release from the Department of Justice on Wednesday. Rather than Airbit offering members access to a club that invests in crypto trading

On March 6, Mullen Automotive (NASDAQ:MULN) was dealt a one-two punch after its accounting firm, Daszkal Bolton LLP, announced it was resigning. The 150-person Florida-based firm will be replaced by a far smaller NYC-based outfit, RBSM LLC. The same day, the automaker missed a deadline to meet the minimum $1 share price for Nasdaq listing

The numbers: Mortgage demand rose, despite mortgage rates rising once again.  Demand for mortgages rose 7.4% in the latest week as rates remain at highs last seen in November. Demand for both purchases and refinancing both rose. That pushed the market composite index — a measure of mortgage application volume — up, the Mortgage Bankers