Daily Trade

EasyJet PLC said Wednesday that it expects to beat fiscal 2023 market consensus for pretax profit after first-quarter revenue rose, and that booking strength continues across the second quarter and into the summer season. The U.K. low-cost carrier EZJ, +9.19% said it expects to beat market consensus of a pretax profit of 126 million pounds

The dust seems to be settling when it comes to Rivian Automotive (NASDAQ:RIVN). Thus far in 2023, RIVN stock has moved down just 2%. In the eyes of investors, the worst may appear to be priced in. As you may recall, RIVN collapsed in price during 2022, as investors responded to high inflation, rising interest

““The only thing we have seen, and this is in a proprietary view, Deane, is obviously, freight has softened here as the short-cycle economy has done the same.”” — GE CEO Larry Culp to RBC Capital Markets analyst Deane Dray That’s General Electric Co. Chief Executive Larry Culp, who said Tuesday he was only seeing

Could China-based electric vehicle (EV) manufacturer Kandi Technologies (NASDAQ:KNDI) be a hidden gem in your portfolio for the next three years? It’s worth considering, as KNDI stock is low now and has been much higher. Besides, Kandi is staking a claim in a niche EV market while also improving its bottom line. Kandi Technologies isn’t

Swatch Group AG said Tuesday that it expects to achieve a record year in 2023 in light of China’s reopening, as it posted higher sales and net profit for last year. The Swiss watchmaker UHR, +1.12% said net profit for 2022 stood at 807 million Swiss francs ($875.5 million) compared with CHF765 million in 2021.

After a rough 2022, smart investors know when to make the most of an opportunity. Look no further than beaten-down fintech companies, for example. At the moment, there’s a growing need for contactless payment solutions. Plus, there’s rising demand for “Buy Now Pay Later” services. Leading BNPL provider Affirm Holdings (NASDAQ:AFRM), for example, is in focus

Danone, the food conglomerate behind yogurt and milk brands Activia, Dannon, Oikos and Horizon Organic, aims to cut Earth-warming methane emissions from its fresh-milk supply chain by some 30% over the next seven years. The scope of the reduction and the reach of this international food concern is significant, climate-change analysts said. France-based Danone BN,

SoFi Technologies (NASDAQ:SOFI), like other speculative growth stocks, has rallied thanks to the latest signs that inflation is easing. In recent trading days, SOFI stock has climbed back out of “penny stock territory,” (under $5 per share). Shares could also continue to inch higher over the next two weeks or so, ahead of the fintech

After slowing its pace of hiring last year, Spotify Technology SA is planning layoffs as soon as this week, according to a new report, adding to the wave of jobs cuts sweeping across the tech industry. Citing people familiar with the plans, Bloomberg News reported late Sunday that the streaming music service faces imminent job

Countless firms across America have begun to fire workers after two years of generally robust labor force growth. Firms had largely been reluctant to fire workers despite weaker-than-expected economic momentum in the first half of 2022 due to the difficulty of finding qualified workers, as the pandemic led to a decline in the labor force.

We want to hear from readers who have stories to share about the effects of increasing costs and a changing economy. If you’d like to share your experience, write to [email protected]. Please include your name and the best way to reach you. A reporter may be in touch. A record share of U.S. adults said they

Eventually, there may be compelling reasons to bet your hard-earned capital on solid-state lithium-metal battery manufacturer QuantumScape (NYSE:QS). Right now, however, QS stock gets a “D” rating due to the risks involved. The short squeeze potential shouldn’t appeal to sensible long-term investors. Besides, QuantumScape’s financial profile might improve someday, but it’s not particularly impressive right now.

Recently I had a conversation with Sue, an acquaintance who started receiving her Social Security benefit at age 62. Sue’s now 63, and she told me that she thinks she might have made a mistake.  The problem is that she has realized that starting Social Security early reduced the benefit significantly, and she’d been wondering if it was possible

What will 2023 look like for California-headquartered neo-banking firm SoFi Technologies (NASDAQ:SOFI)? If you’re counting on a rapid recovery for SoFi Technologies, don’t hold your breath. SOFI stock is a buy but only for a tiny position as lower prices are probably on the horizon. Therefore, it’s wise to wait patiently and refrain from investing

This article is reprinted by permission from NextAvenue.org. Against the backdrop of the nation’s highest inflation rate in 40 years, increased costs for gas, food, and household utilities, and rising violent crime rates, one study presented at the Alzheimer’s Association International Conference earlier this year shows that among lower-income communities of color, individual reactions to these life

Without a doubt, 2022 was a tough year for Amazon (NASDAQ:AMZN) stock. Will this year be any better? It’s hard to be bullish about Amazon now, given the company’s vulnerability to a shaky macroeconomic environment. Before you assume that there’s a prime dip-buying opportunity here, take note of Amazon’s problems and challenges. Then, you’ll probably want to

The Year of the Rabbit upon us. The Lunar New Year falls on Sunday, with many Asian communities celebrating the advent of spring and the beginning of a new year on the lunar calendar. It’s the most important holiday in China, which is why the Chinese government is anticipating more than 2.1 billion journeys to

If any company could be considered the poster child of the Big Tech wreck of 2022, it’s Meta Platforms (NASDAQ:META). The carnage of META stock was considerable, though some investors may choose to stand by CEO Mark Zuckerberg’s metaverse-centered vision for the company. All things considered, however, it’s wise to stay out of the trade

More than 55,000 global technology sector employees have been laid off in the first few weeks of 2023, according to data compiled by the Layoffs.fyi website. The website’s tally of global tech layoffs has almost doubled from just over 25,000 on Tuesday. The data suggest 2023 is on pace to surpass 2022 for global tech

The S&P 500 was trading up against resistance, as was the Nasdaq. But because it had resolved higher out of a multi-week consolidation window, bulls were feeling good about their prospects. It also has them looking at the hot stocks for tomorrow to see if they can find an edge. Unfortunately, neither index was able