Daily Trade

If you tuned into the Super Bowl in 2022, you would’ve seen Larry David in an ad for crypto exchange FTX, in which he played a crypto skeptic who wasn’t sure that the platform would ever take off. As it turns out, he was right. In November, FTX filed for bankruptcy and former chief executive

From January, up until this week, it may have seemed as if Google parent Alphabet (NASDAQ:GOOG,NASDAQ:GOOGL) were emerging out of its recent slump. During this timeframe, GOOG stock rallied by more than 20%. Last month’s layoff news may have been a big reason for this, but renewed hopes that the tech giant is not falling

How are you feeling about your financial situation right now? Half of Americans say they are doing worse financially now than they were a year ago. That’s the highest share since 2009, according to the latest annual poll from Gallup. But not everyone is feeling the pinch, with 35% saying they are better off compared

Source: Shutterstock After doubling off its 52-week lows, Tesla (NASDAQ:TSLA) stock continues to climb. The market’s high pessimism for TSLA stock at the start of the year seems to have shifted into high optimism. Hopes are that this electric vehicle (EV) maker can continue to thrive despite current economic challenges. Even as other growth stocks

Patrick Mahomes has a $450 million contract with the Super Bowl-bound Kansas City Chiefs, but the quarterback still is nowhere near as wealthy as this year’s halftime headliner, Rihanna. Rihanna’s net worth is $1.4 billion, according to Forbes estimates, meaning she’ll be the richest person on the field this Sunday — and one of the

Source: gg5795 / Shutterstock.com Sent straight to the stock market junkyard at the end of last year, Lucid Group (NASDAQ:LCID) made a remarkable comeback last month. Although the broad market rally set shares in motion, the emergence of takeover speculation is what really put LCID stock back into the fast lane. On Jan. 27, shares

Dear Quentin, I am a budding options/futures trader with my own sole proprietor investment business.  Heading into 2022, I took on a large cash infusion of $500,000 from friends and family under the guise of a promise I made to issue a 10% return on their money. This promise was made via a signed promissory

How much risk can you tolerate on a multi-year time frame? It’s time to conduct a gut-check, as electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN) is ambitious but not in an ideal capital position. Thus, RIVN stock could provide great wealth over the next five years, but investors should be cautious and maintain small position sizes.

“ We’re technology neutral at the SEC, but we’re clearly very focused on American protection…330 million Americans are our clients. ” — Gary Gensler, Chair of the U.S. Securities and Exchange Commission U.S. Securities and Exchange Commission Chair, Gary Gensler, defended his agency’s move against crypto exchange Kraken on CNBC’s Squawk Box Friday morning, saying

Tech and crypto could dominate as the hot stocks for tomorrow. We’re still seeing the Federal Reserve and earnings control the headlines now. That’s as investors continue to fret about rate hikes from the Fed and a potential recession at some point this year. It’s also as the S&P 500 continues to “climb a wall

Some crypto-industry participants are worried that a charge brought by the U.S. Securities and Exchange Commission against crypto exchange Kraken may lead to a ban on digital-asset staking. On Thursday, the SEC charged Kraken with failing to register its staking program as securities. Kraken has ended its staking program in the U.S. and agreed to pay

Tuesday was a volatile trading session following comments from Federal Reserve Chair Jerome Powell. The market responded by ripping up and down and ultimately settling notably higher. Coming off that action, it has us looking at the hot stocks for tomorrow. We are still in the midst of earnings season. Just because big tech has

Beleaguered Swiss banking giant Credit Suisse on Thursday revealed that wealthy clients pulled 92.7 billion francs ($101 billion) out of the bank in the fourth quarter. Credit Suisse said two-thirds of the net asset outflows were in October, at a time of intense social-media speculation around its ability to survive. Credit Suisse has since announced

Apple’s (NASDAQ:AAPL) first-quarter fiscal 2023 results caught investors’ attention but not necessarily in a good way. The results were in the financial headlines because Apple posted an earnings miss, which is rare. Yet, AAPL stock should still gain value over the next few years and will likely reward loyal investors through the year 2025. For many

Dear Quentin, My boyfriend recently bought a house under his name. Before buying, I suggested that we buy it together, as the plan was for us to move in together. However, he said he wanted to buy it himself. Now it’s time to move in, but he wants me to pay rent. I told him

The stock market is looking the best it has in weeks, and yet many investors are still nervous. That anxiety is justified, as we still have to technically finish the bear market we’re in. Earnings have been mixed, as have the economic reports. What should investors be watching as the hot stocks for tomorrow? We’re

CORRECTIONS & AMPLIFICATIONS: This headline was corrected at 0615 GMT because the reported period was misstated as the fourth quarter. In addition, the company’s net profit was EUR1.87B, not EUR1.876B ABN AMRO Bank NV on Wednesday posted operating income and net profit ahead of expectations for the fourth quarter of 2022, and said it is

Much as I anticipated, the January rally for Nio (NYSE:NIO) stock has given way to a pullback so far in February. Since the start of the month, NIO stock has fallen by back around 10%. Largely, due to the China-based electric vehicle (or EV) maker’s latest delivery numbers, which were underwhelming. Sure, it was not

Federal Reserve Chairman Jerome Powell expects “significant declines” in U.S. inflation in 2023, but he also said a surprisingly strong jobs report in January underscores the need to keep raising interest rates. “We think we need to do further rate increases,” Powell said in an interview Tuesday at the Economic Club of Washington. “And we

2023 will, I believe, be a turnaround year for electric vehicle (EV) manufacturer Tesla (NASDAQ:TSLA). The company’s delivery figures in China indicate growth and resilience. TSLA stock investors should also know that new tax credits are a big win for a number of automakers, including Tesla. It’s no secret that Tesla had encountered problems over