Daily Trade

Tesla Inc. has applied for a nearly billion-dollar expansion of its Austin, Texas, gigafactory. According to filings dated this week with the Texas Department of Licensing and Registration, Tesla is planning an investment of roughly $717 million to add about 1.4 million square feet of space at the auto factory, for a total of about

If you have a love-hate relationship with Mullen Technologies (NASDAQ:MULN), you’re not alone. “Bought at [41 cents] and I know it’s going to crash,” read a post on Reddit last week. “I’m about to get burned I know it.” The electric vehicle penny stock has become a curiosity over the past several months, earning both

Americans can still order more free COVID-19 test kits from the federal government. The Biden administration is mailing out four more rapid at-home COVID tests per household. You can order them online via the United States Postal Service at special.usps.com/testkits or by calling 1-800-232-0233. You can also visit covid.gov/tests to request the free testing kits — it’s

In 2012, Tesla (NASDAQ:TSLA) launched its first mass-production vehicle, the Tesla Model S. Love or hate the firm (or its controversial boss), the vehicle was a stunning leap forward in electric vehicle technology. The car could travel 265 miles on a single charge and earned the 2013 Motor Trend Car of the Year award. Reviewers

By Bingyan Wang Shares of BYD Co., the Chinese rival to Tesla, fell Tuesday after Warren Buffett further trimmed his holding in the company. The listed Chinese electric vehicle maker slid as much as 2.9% in morning trade in Hong Kong, while the benchmark Hang Seng Index was 0.4% lower. BYD’s shares in Shenzhen dropped

For investors in a wide swath of companies, 2022 was a rough year. That said, it was a downright brutal year for those invested in most tech companies. Indeed, the three stocks on this list are among the mega-cap juggernauts of the tech world. With market capitalizations ranging from $335 billion to more than $2

Dear Tax Guy, We gave our daughter money towards a down payment on a home and learned we had to file a gift tax return. Our accountant charged us $486 for this. Why can’t you just add a form to your regular tax return? What is so complicated that it would cost so much? Sticker

By Bingyan Wang Shares of Alibaba Group Holdings are higher following news that co-founder Jack Ma is ceding control of affiliate company Ant Group Co., potentially paving the way to revive plans for an initial public offering by the fintech giant. Alibaba’s Hong Kong-listed shares advanced as much as 8.3% in early trade Monday, widening

Dear Quentin, I’ll keep this short, as I don’t take any pleasure in reliving it. I have corresponded with a man for two months on a dating site that shall remain nameless (except to say it starts with T and ends in R). He had a very strong and decisive personality, which I liked, and

After a bruising 2022, how will electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID) treat its loyal investors during the next 12 months? It’s hard to envision a strong bull case for LCID stock as there no clear positive catalysts. Lucid did raise capital recently, but it wasn’t “free money” by any means. Moreover, the automaker’s

Dear Quentin, I bought my home in California for $520,000 in 2017. It’s now worth $980,000. In 2019, I met my now-wife who moved in at the beginning of 2020. We married six months later in July 2020. Things were going great and we decided to have one bank account. I also added my wife

Meta Materials (NASDAQ:MMAT) stock was a popular meme play during 2021, falling off the radar of the investing public as the “meme craze” came to a close. However, in recent months, MMAT stock has again been making headlines in both a bad way and, more recently, in a good way. In December, the materials technology company

Dear MarketWatch, My husband and I bought a second home two years ago, for $160,000, with a 30-year mortgage at 2.5%. We bought it with the sole purpose of renting it out to our son and his new wife.  They were recent college graduates, and just starting their careers. They’ve made this house their home.

Biotech stocks are in high demand right now, with good reason. Indeed, these biotech companies have the potential to revolutionize the medical world and offer solutions to unmet needs, while their relevance is recession-proof. With growing demand for gene therapies, immune oncology, and precision medicine, biotech companies have a unique opportunity to impact the world

AbbVie Inc. executives lowered their outlook for the quarter and year in a filing with the Securities and Exchange Commission late Friday, which cited research and development expenses and milestone payments to partners. AbbVie ABBV, +1.87% said it must pay out $243 million in milestone payments to partners for acquired in-process research and development, or

Hardly anyone, including the company’s fans, would call California-based neo-banking firm SoFi Technologies (NASDAQ:SOFI) a winner in 2022. SOFI stock lost a great deal of value that year, but this could be a setup for a multi-bagger recovery. Indeed, at least one Wall Street expert sees a favorable reward-to-risk ratio for SoFi Technologies’ investors. So,

Baxter International Inc. said Friday it plans to embark on a tax-free spin off to shareholders of its Renal Care and Acute Therapies unit into a public company within the next 12-18 months. The company also warned it would unveil a restructuring plan on Feb. 9 when it reports its fourth-quarter results. The details of its

SEOUL — Samsung Electronics Co. 005930, +0.52% said it expects its fourth-quarter profit to plunge as the firm’s mainstay memory-chip and smartphone businesses face a sharp pullback in demand, showing the extent of the global tech downturn after pandemic highs. The South Korean tech giant on Friday forecast its operating profit in the quarter ending Dec. 31 to

Excitement over recent insider buying has cooled down, but there’s something else that may have some investors interested in SoFi Technologies (NASDAQ:SOFI) stock. SOFI has been affected by many factors, but the continued “student loan saga” has played a major role in the fintech stock’s slump over the past six months. This “saga” will come

Salesforce.com Inc. investors are facing the company’s first big pothole on the road to slower growth, just as they have recently put all their faith into co-founder Marc Benioff amid a slew of departures by top executives. On Tuesday, the cloud-based software company confirmed that it will cut 10% of its workforce, which totaled 73,541 as