Solar stocks are having a lackluster year so far. There are several reasons why they have witnessed a significant correction, and these headwinds won’t be fading anytime soon. Higher costs due to rising polysilicon prices have severely impacted solar energy companies. The pandemic also disrupted supply chains, which increased transportation costs as a result. Moreover,
The Asia Pacific accounted for 8.4% of the world’s oil production in 2020. The region was led by China and India, China being the world’s fifth-largest oil-producing nation. In recent years, Asia’s share of world oil production has been on a slow but steady decline, though Asia accounts for 77% of world oil demand growth
BlackBerry (NYSE:BB) has been one of the year’s more surprising meme stocks. Shares shot up from $7 to $30 at one point on Reddit enthusiasm and a gigantic short squeeze. BB stock quickly retreated back to $9. However, it popped once again in June, spiking to $15. Now, though, the stock has slumped once again
Apple Inc. detailed new iPhones, iPads and smartwatches Tuesday as the most valuable U.S. public company attempts to focus on the coming holiday season instead of its regulatory issues. Apple AAPL, -1.49% typically reveals its new lineup of devices every September, ahead of holiday shopping. In this year’s event at the company’s Cupertino, Calif., campus,
Which airlines stocks are winners after Boeing’s big sale?
A customer pushes her shopping cart through the aisles at a Walmart store in the Porter Ranch section of Los Angeles. Kevork Djansezian | Reuters Tuesday’s report of the consumer price index could set the tone for markets ahead of next week’s Federal Reserve meeting, particularly if it is hotter-than-expected. The CPI is expected to
Rejection can be painful, especially if you’re a longtime investor in Canadian cannabis company Sundial Growers (NASDAQ:SNDL). Time and again, SNDL stock has flirted with the key $1 level, but gravity keeps pulling it back down. Source: Postmodern Studio / Shutterstock.com I’ll admit, I recommended a patient stance on Sundial Growers in July, and my timing wasn’t perfect.
Exxon Mobil (NYSE:XOM) continues to trade lower, pushing up its dividend yield, and making XOM stock a very interesting bargain and value play. From a peak of $64.66 on June 25, the stock has drifted down to $55.25 as of September 13. But, as I wrote last month, it is still worth over $75, given
One of the most interesting financial services revolutions over the past few decades has been the advent of commission free trading at major online brokerage firms. No company has played a larger role in ushering in this new era of trading more than Robinhood Markets (NASDAQ:HOOD). HOOD Stock began trading on July 29. Source: mundissima
Recessions are difficult times. Many people suffer economically and even more worry that they might, too. But for a select group of professionals, a recession may actually be an opportunity to thrive and grow. Here are some of them. Key Takeaways Not all businesses and industries feel the same pain during economic downturns. Some businesses
Let’s be honest: some traders haven’t been too impressed with Micron Technology (NASDAQ:MU) in 2021. They were probably expecting MU stock to continue climbing like it did during the first quarter of the year, but it simply didn’t work out that way. Source: Piotr Swat / Shutterstock.com A contributing factor to Micron’s challenges has been the
It was the worst kind of wrong number. A 21-year-old student at the University of California San Diego allegedly commandeered the cell phone accounts of at least 40 people to plunder their cryptocurrency wallets, prosecutors said. Richard Yuan Li, of Hercules, Calif., is accused of operating what is called a SIM-swap scam from his dorm
In this article APO Marc Rowan, co-founder and senior managing director of Apollo Global Management LLC, speaks at the annual Milken Institute Global Conference in Beverly Hills, California, U.S., on Tuesday, April 29, 2014. Patrick T. Fallon | Bloomberg | Getty Images The high inflation readings for the U.S. economy are showing up in every
The equity markets had a bit of a tizzy last week. The damage wasn’t too serious, since the major indices are still within 2% of the all-time highs. However Tesla (NASDAQ:TSLA) had an OK week overall. Yes, TSLA stock 2.5% on Friday but it was only to retest the breakout from three days before that. Source:
Fisker (NYSE:FSR) stock has been seen by many as an EV play whose time has come, but that seems to be the pitch on many if not most EV stocks. Source: T. Schneider / Shutterstock.com The automobile industry is going through a massive change since the proliferation of electric vehicles. As countries continue to work towards
In this article SPCE APA OXY DELL Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Check out the companies making headlines in midday trading. Marathon Oil — Shares of the exploration
Vanguard funds are always easy to recommend because the company is one of the best investment firms on planet Earth. Founded in 1975 by finance legend John Bogle, the company pioneered the exchange traded fund (ETF). An ETF passively tracks a stock index or basket of stocks from a specific economic sector. Bogle, who died
The reported financial statements for banks are somewhat different from most companies that investors analyze. For example, there are no accounts receivables or inventory to gauge whether sales are rising or falling. On top of that, there are several unique characteristics of bank financial statements that include how the balance sheet and income statement are laid out. However, once
As nations push for sustainable automotive technologies, electric vehicle (EV) start-up Fisker (NYSE:FSR) seems like a sure bet for powerful profits. Yet, FSR stock has fallen sharply from its peak price. Source: T. Schneider / Shutterstock.com I’m not going to mince words here. Fisker isn’t a profitable business venture. Therefore, it requires a measure of faith
Gold futures ended higher on Monday, but failed to reclaim the $1,800-an-ounce threshold as the U.S. dollar kicked off the week with a firm tone. Strength in the dollar is likely the main reason gold fell to touch the support zone of $1,790 an ounce, said Carlo Alberto de Case, market analyst at Kinesis. On