Federal Reserve Chairman Jerome Powell attends the House Financial Services Committee hearing on Capitol Hill in Washington, U.S., September 30, 2021. Al Drago | Reuters Expect more tough talk from the Federal Reserve, as it may consider winding down its bond program sooner than expected. Based on comments from a number of Fed officials, market
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Oil futures ended slightly lower Wednesday after a rise in U.S. crude inventories as traders awaited OPEC+’s response to a coordinated release of strategic reserves by several countries. West Texas Intermediate crude for January delivery CL00, -0.25% CLF22, -0.25% settled 11 cents lower, down 0.1%, at $78.39 a barrel on the New York Mercantile Exchange.
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Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, Oct. 18, 2021. Kyle Grillot | Bloomberg | Getty Images Cathie Wood — known for her innovation ETFs that garnered billions in inflows during the pandemic — said Ark Invest is internally
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After months of consolidation, Bionano Genomics (NASDAQ:BNGO) is breaking down. BNGO stock has plummeted 30% since announcing earnings in early November. While the earnings report was decent, some legitimate concerns and a lack of news continue to weigh on shares. Source: Shutterstock / PopTika I’ll admit the genome analysis company is compelling, but investors should wait
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Fisker (NYSE:FSR) announced on Nov. 19 that it won a ZEVAS Award — the zero-emission awards at the Los Angeles Auto Show — for the best crossover vehicle under $50,000. FSR stock jumped more than 5% on the news. This is the latest piece of good news for long-time investors. In the last month alone,
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It’s fascinating to witness Wall Street turning against telecommunications giant AT&T (NYSE:T) stock. The way they’re treating this iconic company, you’d think AT&T was headed toward zero. Source: Roman Tiraspolsky / Shutterstock.com Of course, that won’t happen anytime soon. Part of the problem is that the market has been rotating out of telecom stocks. This trend,
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Some folks would say that social media has made people impersonal, or even anti-social. One business that’s seeking to remedy that situation is California-based Nextdoor (NYSE:KIND). If you like the company’s vision and prospects, then you might consider a position in KIND stock. Source: Tada Images / Shutterstock.com What’s interesting about Nextdoor is its truly
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