Treasurys were mixed on the day as investors assessed a possibly faster-than-expected tapering timeline by the Fed and threats posed by the omicron variant.
Americans are wondering what's amiss with Wall Street after steep declines in stocks and a surge in bond yields in recent weeks. Here's how to think about it.
2021 was a massive year for electric vehicle (EV) stocks. In between, several start-ups tapped the stock markets to raise funds on the back of promising EV technology claims. Electric vehicles currently account for only a fraction of total global vehicle sales, and most research firms expect the industry to grow at compound annual rates in the high 20s through 2030.
2022 is off to a rough start, but these businesses are doing far better than their stock prices are indicating.
Investors may want to consider some of the tech leaders and bottom fish among the busted growth stocks.
Mario Gabelli: I’ve been talking about the Atlanta Braves for a while. You can invest in the Braves through Liberty Braves Group [ticker: BATRA], a tracking stock controlled by John Malone’s Liberty Media It trades for $28, and there are 60 million shares outstanding. The short-term opportunity for Liberty Braves is that Georgia is one of the few states that hasn’t legalized online gaming.
2021 was a great year for commodities, but was this a one-year bump, or rather the start of a 10-year cycle?
Crypto popularity has boomed in recent years, and celebrities have gotten in on the fanfare.
Novavax (NASDAQ: NVAX) is arriving more than a year after market leaders Pfizer and Moderna to the coronavirus vaccine finish line. Novavax soared 2,700% in 2020. As of today, Novavax's vaccine has won authorization from more than 30 countries.
(Bloomberg) -- As the Nasdaq 100 comes off its worst week since the pandemic selloff in March 2020, investors now have to contend with Wednesday’s Fed meeting, where officials are expected to signal that they’ll raise interest rates in March and shrink their balance sheet soon after.Most Read from BloombergCrypto Crash Erases More Than $1 Trillion in Market ValueMorgan Stanley’s Slimmon Warns Against Buying Growth-Stock DipU.S. Stocks Historically Deliver Strong Gains in Fed Hike CyclesPutin Cou
There will be many developments in the market next week, as earnings announcements and the policy meeting of the US Fed will dominate the week.
Digital World Acquisition closed out the session down 9.2%, while Phunware was off 12.8%. Growth-dependent and speculative stocks have seen turbulent trading lately, and the broader market was hit with big pullback today following worrying performance from some big consumer products and technology companies. There doesn't appear to be any business-specific news behind Digital World Acquisition and Phunware's share price slides, but the two companies were caught up in the broader pullback.
Using technical analysis of the charts of those stocks, and, when appropriate, recent actions and grades from TheStreet's Quant Ratings, we zero in on five names. While we will not be weighing in with fundamental analysis, we hope this piece will give investors interested in stocks on the way down a good starting point to do further homework on the names. Veeva Systems Inc. recently was downgraded to Hold with a C+ rating by TheStreet's Quant Ratings.
While myriad investing strategies have been effective in making long-term investors richer, perhaps none has a greater track record than buying into dividend stocks. Back in 2013, J.P. Morgan Asset Management, a division of JPMorgan Chase, issued a report that compared the performance of publicly traded companies that initiated a dividend and grew their payouts to public companies that didn't pay a dividend between 1972 and 2012.
Treasury yields are rising, and the Federal Reserve is expected to raise interest rates multiple times in 2022. In the case of AbbVie (NYSE: ABBV), look no further. AbbVie is a global prescription drug developer, manufacturer, and distributor that was spun off from parent company Abbott Labs back in 2013.
It was a rough week for the streaming service, but there are some bright spots as we walk through the rubble.
(Bloomberg) -- Shopify Inc. plunged by the most since March 2020 after a report that the Canadian e-commerce company terminated contracts with several warehouse and fulfillment partners.Most Read from BloombergCrypto Crash Erases More Than $1 Trillion in Market ValueMorgan Stanley’s Slimmon Warns Against Buying Growth-Stock DipU.S. Stocks Historically Deliver Strong Gains in Fed Hike CyclesPutin Could Burst Xi’s Olympic Dream With a War in UkraineIts U.S.-traded shares closed down 14% on Friday
You knew it was going to happen -- the stock market would fall. Because downturns are a natural outgrowth of the normal business and investment cycle, a pullback in the stock market crash is virtually inevitable. Smart investors, though, realize it's best to prepare for them, not by selling all their stocks and stashing the cash under the mattress, but by choosing investments carefully.
FAANG stocks -- essentially the top five stocks of the tech sector -- as a group cooled off in 2021. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) led the group of growth stocks with a 65% return for the year, followed by Apple's (NASDAQ: AAPL) near-34% return. The rest of the group -- Meta Platforms (NASDAQ: FB), Amazon (NASDAQ: AMZN), and Netflix (NASDAQ: NFLX) -- all underperformed the S&P 500 index, which returned nearly 27% for the year.
A new week seemed to bandage the recent losses as Bitcoin noted minor gains, while altcoins appeared to be rallying, but is this truly a recovery?
After a difficult few months for the stock, SoFi (NASDAQ: SOFI) shareholders got some welcome news recently when regulators approved the company's application to become a bank. Now, SoFi will be able to complete its previously announced acquisition of Golden Pacific Bancorp and become a bank holding company. Following the news of the bank charter, SoFi's stock shot up.