Energy inflation remains a serious concern. Protect your portfolio.
While 2022 was a year for stock price corrections across the electric vehicle (EV) sector, 2023 looks to be a transition year for the businesses themselves. Europe and China are leading the way, with fully electric vehicles accounting for 11% and 19% of all new vehicles sold, respectively. With stock prices down and sales continuing to pick up, investors should look at investing in a diverse mix of EV makers in 2023.
STOCKSTOWATCHTODAY BLOG Lucid soared Friday, a move that is being attributed to unconfirmed rumors that the company could be acquired. Lucid (LCID) stock started moving just after noon Friday, and had nearly doubled, to $17.
The acronym FAANG coined by CNBC host Jim Cramer consists of five companies: (F) Meta Platforms (NASDAQ: META), formerly known as Facebook (A) Amazon (NASDAQ: AMZN) (A) Apple (NASDAQ: AAPL) (N) Netflix (NASDAQ: NFLX) (G) Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), formerly known as Google This group of five large-cap tech companies dominated the market through late 2021, absolutely crushing the S&P 500.
Apple earnings and the Fed meeting loom, but don't sit out a possible "life-changing" market rally. Tesla rival BYD is an aggressive buy.
It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.
How is social security taxed in 2023? Here are the rules used to calculate how much you might owe on your benefits.
With January about to conclude, we’ve come off last year’s bearish trend, and seen solid gains over the first month of the year – 6% on the S&P 500, 11% on the tech-oriented NASDAQ – but that doesn’t mean we’re out of the woods. Inflation remains high, the Fed is still raising interest rates, and there’s still plenty of uncertainty about the course of the Russian war in Ukraine, and what China will do as it moves away from COVID lockdowns. So what to do, to find the right stocks for gains? The m
Costco has a very simple business model. It sells memberships in exchange for offering members a low-cost, no-frills shopping experience. People pay in order to access the chain's warehouses. Those membership fees provide a significant portion of the chain's profits, allowing Costco to sell its limited selection of merchandise at a lower markup than its rivals.
Chip giant Intel (NASDAQ: INTC) is struggling as demand for PC and server chips tumbles. The company saw total revenue crash 32% year over year in the fourth quarter of 2022, and it expects a worse decline in the first quarter of 2023. Intel has already announced a broad cost-cutting initiative to help the company cope with lower demand this year.
Devon Energy (DVN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergAdani’s Detailed Hindenburg Reply Now Said to Be Post-Share SaleFed Set to Shrink Rate Hikes Again as Inflation SlowsPension Funds in Historic Surplus Eye $1 Trillion of Bond-BuyingA Billionaire’s Luxury Development Fuels Fight Over Texas Hill CountryEvidence Is Mounting That Covid Is Bad for the BrainFederal Reserve officials are set to shift down the pace of in
The stock market would likely move higher if inflation cools off, but these two stocks could be big winners.
The Nasdaq Composite has surged over 11% so far this month as growth stocks retake center stage. Shopify (NYSE: SHOP), the Vanguard Growth ETF (NYSEMKT: VUG), Nio (NYSE: NIO), Beam Therapeutics (NASDAQ: BEAM), and Roku (NASDAQ: ROKU) have that kind of potential. Here's what makes each company a great buy now, according to five Motley Fool contributors.
Economic headwinds sent the S&P 500 into a bear market last year, and the benchmark index is still 16% off its high. Warren Buffett's Berkshire Hathaway treated the drawdown as a buying opportunity, investing $66 billion into the stock market through the first three quarters of 2022. Smart investors like Buffett know that a bear market offers investors a chance to buy good stocks at great prices.
Wall Street will be buzzing in the week ahead, as earnings from Big Tech, the Federal Reserve’s first meeting of the year, and the monthly jobs report for January set up the busiest week of the new year.
'Because of the 2.5% rate, none of us are interested in selling the house and getting our rates jacked up to 7%.'
Supply and demand will probably come into balance over the next 18 months, says Matt Portillo, an analyst at Tudor Pickering Holt. And, how value investor David Einhorn got his mojo back.
It was a busy week for dividend announcements, with the fourth-quarter earnings season in full swing.