Daily Trade

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

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. Higher-earning households are feeling the inflationary pinch. Consumer

Microsoft (NASDAQ:MSFT) is implementing a big round of layoffs. This is, apparently, supposed to be a sign of Microsoft showing fiscal discipline. At the same time, the company is in talks to spend $10 billion on an an artificial intelligence chatbot. These developments should be a cause for concern among MSFT stock traders. Microsoft is facing

U.S. stocks slumped for a third straight session Thursday as investors weighed mixed signals on the strength of the economy, digested another round of corporate earnings reports and remained focused on the outlook for the pace and scope of future Federal Reserve interest rate increases. How stocks are trading The Dow Jones Industrial Average DJIA,

The stock market has been enjoying a nice winning streak lately, as it continues to scratch and claw its way higher. Amid this tough market though, it’s got investors wondering what the hot stocks for tomorrow will be. Some days it’s an economic report. On other days, it’s an earnings result or investor meeting. For

Gig work can be precarious, with workers’ earnings depending on the condition of their cars, enough customers hailing rides or ordering food, and whether companies are paying enough to make it worth their while. In some cases, though, drivers for app-based companies can lose their ability to work at all. Apps can “deactivate” them when

Microsoft’s (NASDAQ:MSFT) potential investment in an artificial intelligence (AI) chatbot is a hot topic on Wall Street now. Yet, MSFT stock traders should consider the implications carefully before pressing the “buy” button. There’s also earnings season coming up, and it’s not a sure bet that Microsoft will hit a home run this time. During the days

Choosing when to claim Social Security is a major financial decision that will affect your finances for the rest of your life. So, when’s the best time to start collecting for the best return? The short answer is wait until 70 to claim Social Security. The long answer is that claiming as early as possible