Daily Trade

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

On Monday, SEC filings revealed that three executives had bought an enormous amount of iHeartMedia (NASDAQ:IHRT) stock. Together, the firm’s CEO, CFO and chief accounting officer snapped up over 190,000 shares worth $1.05 million. It’s a fascinating turn of events. iHeartMedia’s stock is down almost 75% since 2022, and shares trade as a stub on

Federal Reserve Chairman Jerome Powell set the stage for further rounds of interest-rate increases on March 7, sending bond yields higher and stock prices lower. Below are lists of the day’s biggest losers among the broad U.S. stock indexes. Bank stocks were hit particularly hard, as investors considered the Fed’s efforts to slow the economy

In early February, it seemed as if Mullen Automotive (NASDAQ:MULN), after a rough 2022, was about to turn a corner. However, in recent weeks, investors have grown more bearish about MULN stock. Shares in the electric vehicle maker have fallen by about 50% over the past few weeks. While Mullen has yet to re-test its

Bond yields fell on Tuesday ahead of Federal Reserve Chairman Jay Powell delivering testimony before Congress. What’s happening The yield on the 2-year Treasury TMUBMUSD02Y, 4.871% fell by 3.8 basis points to 4.863%. Yields move in the opposite direction to prices. The yield on the 10-year Treasury TMUBMUSD10Y, 3.940% retreated 2.9 basis points to 3.935%.

Over the past couple of months, ChatGPT has established itself as a universal consultant. The questions people typically ask range from how to choose a good washing machine and where to dine in Paris to how to find a soulmate. I tried to figure out if ChatGPT could also be an investment advisor and help

WW International Inc., the company that oversees the weight-loss program Weight Watchers, on Monday forecast weaker first-quarter sales and said sign-ups were down so far this year. WW WW, -8.94% issued the forecasts shortly after the Wall Street Journal reported that the weight-loss plan provider would buy telehealth platform Sequence for $106 million. The Journal

Amazon (NASDAQ:AMZN) stock is likely to move higher this year, and not only because the company is an e-commerce giant. For one thing, Amazon recently acquired a business that offers a range of healthcare services. Also, Amazon is engaged in a collaboration that will help developers conduct work related to artificial intelligence (AI) on the

U.S. stock futures were steady early Monday, holding their latest rally ahead of testimony from Federal Reserve Chair Jerome Powell and crucial jobs data later in the week. How are stock-index futures trading S&P 500 futures ES00, +0.01% dipped 1 point, or less than 0.1%, to 4049 Dow Jones Industrial Average futures YM00, -0.03% fell

In last Sunday’s InvestorPlace Digest, I noted how InvestorPlace.com readers were shifting their focus away from growth stocks. SoundHound AI (NASDAQ:SOUN) down 25%… Xometry (NASDAQ:XMTR) down 43%… Silvergate Capital (NYSE:SI) down 60%… Investors have seen this story before, most recently in 2022. And they’re not sticking around to get burned again. In its place, we’ve

““They are taking data from Americans, not keeping it safe, but what worries me more with TikTok is that this can be a propaganda tool.” ” Those were the words of Senate Intelligence Committee Chairman Mark Warner, D-Va., on Sunday, telling Fox News he will introduce a bill allowing the government to “ban or prohibit” certain foreign