In this article WFC Wells Fargo CEO Charles Scharf listens during the Milken Institute Global Conference in Beverly Hills, Calif., on April 30, 2019. Kyle Grillot | Bloomberg | Getty Images Wells Fargo isn’t out of the woods yet when it comes to its regulatory mess. That’s the message the bank sent in its most
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Jerome Powell, Chairman of the U.S. Federal Reserve, testifies before the Select Subcommittee on the Coronavirus Crisis hearing in Washington, D.C., September 23, 2020. Kevin Dietsch | Reuters Following the Federal Reserve’s statement that it would start winding down its bond program, the futures market moved slightly to show that traders expect the Fed to
When Chief Executive Officer Mark Zuckerberg announced Meta (NASDAQ:FB) as the new name for Facebook, it validated Roblox’s (NYSE:RBLX) business model. RBLX stock closed at $78.36 on Nov. 11, up 13% year-to-date. Source: Miguel Lagoa / Shutterstock.com The prospects of a metaverse are very real. Virtual worlds have been around for many years. Companies also
Peloton Interactive (NASDAQ:PTON) was a pandemic favorite. With gyms shut down and people stuck at home, they snapped up Peloton’s pricey internet-connected exercise bikes and treadmills. But in the spring, with gyms reopening and the outdoors beckoning, sales quickly dropped off. Then things got even worse for PTON stock. Source: JHVEPhoto / Shutterstock.com It put
AMC Entertainment (NYSE:AMC) is making news again. For most of 2021, that has been a signal to the loyal AMC shareholders to send the stock to the moon. However, so far it looks like AMC stock is remaining relatively tame. That seems reasonable to me, but I’ll let you decide. Source: Helen89 / Shutterstock.com On Nov. 1,
Iron ore is an essential component of the global iron and steel industries. Almost 98% of mined iron ore is used in steel making. About 50 countries mine iron ore, with Australia and Brazil dominating the market share for exports. Mines in Michigan and Minnesota account for the bulk of iron ore production in the
In this article NYT CVS HUM CPRI TUP NCLH Check out the companies making headlines before the bell: New York Times (NYT) – The newspaper publisher’s shares jumped 3.9% in the premarket after it beat estimates by 3 cents with an adjusted quarterly profit of 23 cents per share. Revenue also beat estimates amid rising
The emerging fintech, SoFi Technologies (NASDAQ:SOFI), reports quarterly results on Nov. 10, and investors will look for a few key data points that could validate buying SOFI stock after the rally. Source: rafapress / Shutterstock.com SoFi investors will look at customer acquisition growth in the third quarter. They will also watch for the company to
Lucid Group (NASDAQ:LCID) stock is getting a Tesla (NASDAQ:TSLA) valuation before it demonstrates Tesla performance. Source: gg5795 / Shutterstock.com LCID stock has jumped 50% in just a few weeks as the company began deliveries of its Air sedan. The cars are getting reviews a lot like the early Tesla cars, filled with superlatives. But Lucid
The best opportunities in the market – the ones that make millionaires many times over – are often found in places that most people aren’t looking. Source: Alexander Kirch / Shutterstock.com And that’s why I think the next-generation of millionaire-maker stocks will be found in the Hydrogen Economy. Yep. I’m well aware of the back
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In this article CAR A customer boards an Avis Budget Group Inc. shuttle bus at the Denver International Airport (DEN) in Denver, Colorado, U.S., on Wednesday, Oct. 28, 2015. Luke Sharrett | Bloomberg | Getty Images Car rental stock Avis Budget surged Tuesday after the company reported a stronger-than-expected third quarter that sparked massive trading
In this article BBBY ZG The Lyft logo is seen on electric bicycles in Oakland, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell Tuesday: Bed Bath & Beyond — Bed Bath & Beyond shares soared 74% after the company announced various strategic changes to speed
After much fanfare since its de-SPACing, Paysafe (NYSE:PSFE) is now trading below its initial $10 price. The stock reached its current price level of almost $8 after entering a downtrend from its highs of $18 in the beginning of the year. PSFE stock continues to be inside this downward trading channel. I believe that there
When it comes to Vinco Ventures (NASDAQ:BBIG) stock, investors continue to dig a larger hole for themselves rather than crafting a successful “mining operation” in the shares. Source: shutterstock.com/Postmodern Studio Let me explain. But first, let’s take a little trip back on memory lane to better understand how BBIG stock landed where it is today.
Microsoft (NASDAQ:MSFT) is one of the premier tech giants on the market. The company has solid fundamentals and some special features that make investors happy, such as buybacks and dividend increases. With gains of about 50% year-to-date (YTD), MSFT stock has also outperformed the broader U.S. stock market. Now all eyes are on the fiscal 2022
Hertz Global Holdings, Inc. (HTZZ) announced two major deals increasing its investment in the electric vehicle (EV) market. The car rental company is partnering with Tesla, Inc. (TSLA) and Uber Technologies, Inc. (UBER) to expand its reach with EVs. Elon Musk tweeted late on Monday, Nov. 1, 2021, that the deal between Tesla and Hertz
In this article AMZN A rendering of ABL Space’s RS1 rocket launching Project Kuiper satellites for Amazon. Amazon Amazon aims to launch its first Project Kuiper internet satellites in the fourth quarter of 2022, the company announced on Monday. The technology giant filed a request with the Federal Communications Commission to launch and operate its
Take a look at some of the biggest movers in the premarket: Pfizer (PFE) – Pfizer jumped 4% in the premarket after the drugmaker reported better-than-expected profit and revenue for the third quarter. Pfizer earned $1.34 per share, 25 cents a share above estimates. The company also issued an improved full-year forecast on strong demand
Water has become a multi-billion dollar industry, so water stocks offer a solid investment case for long-term investors. Analysts are even debating whether freshwater could replace oil to become the world’s most critical resource. As climate change leads to rising global temperatures, demand for freshwater is primed to grow along with an expanding global population
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