Daily Trade

U.S. stocks were mixed Friday afternoon, with the S&P 500 index and Dow heading for modest weekly losses after hotter-than-expected inflation reports and commentary from Federal Reserve officials spurred investors to bet on more interest-rate hikes by the central bank. How stocks are trading The Dow Jones Industrial Average DJIA, +0.38% was up nearly 103

Once a seemingly unstoppable business, Amazon (NASDAQ:AMZN) is now facing difficulties that could weigh on AMZN stock for a while. This doesn’t mean Amazon won’t survive. The e-commerce giant’s shareholders will probably prevail in the end, but the next few months could be challenging. The Amazon share price has dropped from $185 to around $100, and

NatWest Group PLC on Friday posted a rise in pretax profit for the fourth quarter of 2022, which came in slightly ahead of market views, and said it intends to start a share buyback program of up to 800 million pounds ($959 million) in the first half of 2023. The U.K. bank NWG, -8.28% posted

There’s no denying that Microsoft (NASDAQ:MSFT) is currently winning the battle between Big Tech firms to dominate the world of artificial intelligence. In recent weeks, MSFT stock has moved higher due to its success in this area relative to other tech giants. Microsoft has invested $10 billion into OpenAI, the developer of AI chatbot ChatGPT,

Congress might only have until this summer to strike a deal to lift or suspend the U.S. government debt ceiling, prompting analysts to warn of growing risks to global financial markets as America moves closer to a potential default. “It would cause immeasurable harm to financial markets,” Amar Reganti, a fixed-income strategist at Hartford Funds,

Is C3.ai (NYSE:AI) a buy right now? Is it the best way to invest in the artificial intelligence megatrend that has emerged with the onset of ChatGPT and Bard? Or is it a meme stock having a hot run? In today’s world, we have seen AI go from an abstract theory to a tool that

Airbus SE expects to deliver more commercial aircraft this year than in 2022 as it seeks to cash in on resurgent demand for air travel after years of travel restrictions and border closures. The European plane maker AIR, +3.04% said Thursday that it aims to deliver roughly 720 planes to customers this year. The company

If you’re going to stay the course as an investor in electric vehicle (EV) battery manufacturer QuantumScape (NYSE:QS), ask yourself a question: What’s my time horizon? Then, consider your risk tolerance. Not everyone should own QS stock, but it’s a good buy for EV industry believers with a strong stomach for speculative assets. There aren’t many

The number of Americans with medical debt on their credit reports fell by 8.2 million, or about 18%, between 2020 and 2022, according to a report Tuesday from the U.S. Consumer Financial Protection Bureau, the Associated Press reported.  White House officials said separately that the drop likely stems from pandemic relief funds and the expansion of

With new advancements in computer technologies and utility, several tech stocks soared on the implications for the broader artificial intelligence trend. In particular, the ability of AI and machine learning protocols to meet users where they are – that is, to speak their (human) language – sparked intense curiosity. Essentially, we may be standing on

Kering said Wednesday that it is confident of further growth in the year ahead and that it will raise its dividend for 2022, despite a tough end to the year that saw a drop in sales at its core brand Gucci. Fourth-quarter revenue at the French luxury-goods group KER, -0.92% fell 7% on a comparable

Heavily shorted meme stocks have become a major draw for speculators in the stock market. These stocks are characterized by their high volatility, popularity, and short interest by investors. The rise of these meme stocks has been fueled by the power of social media and its ability to influence the masses. These heavily shorted meme

The Environmental Protection Agency said Tuesday it’s taken a big step in getting the $27 billion tagged in the Inflation Reduction Act for cleaning up greenhouse gas emissions into the hands of the communities who’ve long lived in the shadow of polluting industry and heavily-trafficked highways, which decades ago were built directly through populated neighborhoods.

When markets closed last month, it became official: Cathie Wood’s ARK Innovation ETF (NYSEARCA:ARKK) had scored its best-returning month in its 9-year history. The 27.8% return in January was a welcome reversal for the struggling fund. The ETF had lost around 80% of its value since 2021. And it made some of Ms. Wood’s most

The impact of Microsoft Corp.’s plan to lay off about 10,000 workers will reportedly be felt at LinkedIn. The Information reported Monday that LinkedIn, the Microsoft-owned business- and employment-focused social network, laid off workers in its recruiting department Monday. Specific numbers were not available. LinkedIn did not immediately respond to MarketWatch’s request for comment late

It’s safe to say that it has been tough in recent days for Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) investors. Since the unveiling of the Google parent’s Bard artificial intelligence (or AI) platform, GOOG stock has tumbled by around 11.6%, back down to double-digit price levels. The market is not very confident that Bard will enable the tech

On the same day that COVID vaccine mandates were lifted in New York City, Mayor Eric Adams didn’t rule out the need to reinstate them in the future, because the virus is “not going away.” His statement comes as the U.S. Department of Health and Human Services hosts a call Monday to discuss the transition

In recent articles on SoFi Technologies (NASDAQ:SOFI), I have been bearish on SOFI stock, for numerous reasons. Most of these reasons are short-term in nature. For example, renewed worries about macroeconomic issues like inflation and interest rates could knock the stock back lower. Also, further headwinds related to the student loan repayment pause may also

Super Bowl bettors need all the breaks they can get. Those who will be licking their wounds after the big game will undoubtedly ask, “Will the IRS give me a tax break on my Super Bowl gambling losses?” The IRS has an answer: Yes, but with caveats. The Kansas City Chiefs won Sunday’s showdown against

After years of astounding gains, one might be led to assume that Amazon (NASDAQ:AMZN) stock can’t possibly disappoint its investors. Yet, every company is vulnerable to macroeconomic issues, including Amazon. The past 12 months were painful for overeager Amazon shareholders, and unfortunately, the next year might not be much better. As the old saying goes,