Daily Trade

The contest to become the Republican Party’s 2024 presidential nominee is heating up, with Nikki Haley, a former U.S. ambassador to the United Nation, and longshot candidate Vivek Ramaswamy each announcing runs since the beginning of the year, and former Arkansas Gov. Asa Hutchinson joining the fray in a Sunday-show appearance on April 2. Another

The 2022 tech wreck wiped out 40% of Alphabet’s (NASDAQ:GOOG) equity value. However, 2023 has brought GOOG stock within 3% of where it was two years ago. The company behind Google is now worth $1.33 trillion, making it the third most-valuable of the “Cloud Czars” behind Apple (NASDAQ:AAPL) at $2.6 trillion and Microsoft (NASDAQ:MSFT) at $2.1 trillion. But neither of the

The banking crisis does raise the risk of recession, JPMorgan Chase & Co. JPM, -0.11% Chief Executive Jamie Dimon said Thursday, though he’s confident the situation will be resolved. In an interview aired Thursday night on “CNN PrimeTime,” Dimon said the banking industry’s current woes are “like another weight on the scale” toward a recession.

Electric vehicle (EV) manufacturer Polestar Automotive (NASDAQ:PSNY) is known for catering to luxury car buyers. There are benefits and drawbacks to this approach. PSNY stock will probably move higher over the next couple of years but don’t expect quick gains if you’re planning to invest in Polestar. As we’ll see, Polestar has ambitions to make a

Dear Quentin,  My husband and I have three wonderful college-aged kids and have always gotten by on our own, despite major life struggles. We have saved $500,000 for retirement, but have only managed to pay off $200,000 of our home.  Five years ago, my wealthy father offered to help with our children’s education, which was

In recent weeks, Rivian Automotive (NASDAQ:RIVN) has started to make a steady move to higher prices. After hitting a new all-time low during mid-March, during the last few trading days of the month, investors warmed back up to Rivian stock. This was due to speculation that the electric vehicle (or EV maker) would beat estimates

Dear Tax Guy, I just bought a used electric vehicle, so now I’d like to install a solar array to offset the additional electricity use. My tax liability for 2023 will be enough to get full benefit of the used EV tax credit or the (guesstimated) solar tax credit. But not enough for both.  If

After pulling back during February and early March, Carvana (NYSE:CVNA) shares have been on the rise over the past few weeks. With its move back to around $9.50 per share, CVNA stock is again one of this year’s top performers. This year, the stock has more than doubled. That’s some strong performance. That said, I think speculators are

Lawmakers and regulators in Washington are hard at work devising strategies to prevent another bank bailout following the failures last month of Silicon Valley Bank and Signature Bank of New York. Congress is debating several ideas, including lifting or eliminating the $250,000 cap on federal deposit insurance, coupled with higher deposit-insurance fees and stricter rules

General Motors (NYSE:GM) is firing on all cylinders. Plus, the American auto sector is again accelerating. Moreover, GM’s longer-term prognosis is quite good, as the automaker’s electric-vehicle business looks poised to thrive. Better, GM appears well-positioned to launch a lucrative robotaxi business.  Given these points, I’m very bullish on GM stock, and I recommend that

NEW YORK — Deep inside Manhattan’s Criminal Courts Building, former president Donald Trump was being arrested and arraigned, an event both significant and solemn by its very nature. But outside? It was a theater of the absurd that arguably befit the Big Apple’s over-the-top nature. Yes, there were protestors on both sides — pro-Trump and

The speculative fervor around Nvidia (NASDAQ:NVDA) stock has something in common with a short squeeze. At some point, it ends in tears for someone. There’s also no doubt that NVDA stock is a bubble stock. We’re talking about 118 times earnings and 25 times sales. This is happening just two years after the last tech

“‘The cookout [is going to] be lit.’” — Jordan Hawkins, University of Connecticut Jordan Hawkins of Connecticut exults as he cuts down a net after Monday night’s win over San Diego State. Carmen Mandato/Getty Images That’s UConn guard Jordan Hawkins, referring after his UConn team topped San Diego State to claim the men’s NCAA basketball

Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) faced an unusual setback when the stock dropped by over $100 billion following a mishap with its generative AI earlier in the year. Specifically, its Bard chatbot ad provided inaccurate information. Furthermore, analysts criticized the company’s AI search event for lacking details on responding to Microsoft’s (NASDAQ:MSFT) ChatGPT challenge in Feb. Alphabet is in a favorable

Donald Trump’s arraignment will not be televised. In an order issued Monday night, New York Supreme Court Judge Juan Merchan said recording equipment and electronic devices, including cellphones and laptops, will not be allowed in his Manhattan courtroom Tuesday when the former president is arraigned in state court. A group of news organizations had petitioned

In recent weeks, investors have started to become charged up again about China-based electric vehicle company Nio (NYSE:NIO). Sentiment for NIO stock has shifted back to positive, resulting in a rapid move for shares back to double-digit prices. Several recent developments have played a role in getting the stock back on an upward trajectory, but

When former President Donald Trump turns himself over to authorities in New York on Tuesday and is arraigned, the charges on which a Manhattan grand jury indicted him will likely be made public. Manhattan District Attorney Alvin Bragg obtained the indictment on March 30 following a grand jury vote, but the exact charges against Trump

Machine learning software specialist C3.ai (NYSE:AI), has received a lot of press coverage this year, but is AI stock worth your attention now? Some analysts are skeptical. Yet, the bullish argument might prevail in 2023 and beyond as C3.ai is a strong contender in the high-conviction artificial intelligence market. Without warning, machine learning became a top-trending

Bernstein analyst Stacy Rasgon had been vocally bearish on Intel’s stock since mid-2020, but he ended that call this weekend. “We have been decidedly negative on Intel’s INTC, +1.81% prospects for quite some time, a stance clearly justified by the company’s utter collapse as a weakening market and poor decisions shaved billions off the top

Energy markets were bracing for a volatile open late Sunday, after Saudi Arabia led a surprise oil production cut across several OPEC + nations that will remove more than one million barrels of oil a day from May. In an announcement on Sunday, Saudi Arabia’s Ministry of Energy stated that the kingdom will implement a