At one point, the S&P 500 was down more than 25%, with growth stocks taking the brunt of the selling. Marqeta (NASDAQ: MQ) is an innovative growth stock that was no different, plummeting 83% from its peak in November 2021. Marqeta has faced criticism over its heavy reliance on one customer for most of its profits.
Energy inflation remains a serious concern. Protect your portfolio.
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.
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.
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.
Quiet quitting and remote work may be factors.
How is social security taxed in 2023? Here are the rules used to calculate how much you might owe on your benefits.
(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 SalePension Funds in Historic Surplus Eye $1 Trillion of Bond-BuyingFed Set to Shrink Rate Hikes Again as Inflation SlowsA Billionaire’s Luxury Development Fuels Fight Over Texas Hill CountryAdani Rout Crosses $51 Billion as Stocks Plunge by Daily LimitsFederal Reserve officials are set to shift down the
Cathie Wood, the founder and CEO of Ark Invest, rose to popularity during the coronavirus pandemic thanks to her firm's successful bets on some of the most disruptive tech companies. The tech-heavy Nasdaq Composite Index entered a bear market in 2022, and ended it down 33% for the year. Here are three beaten-down growth stocks that Wood is still bullish on.
Nio (NYSE: NIO), a stock that rode the electric vehicle (EV) hype in 2021, turned out to be among the biggest losers in 2022 -- it plunged 69% last year. At current prices, Nio could be a rare opportunity to buy a growth stock in a fast-growing industry. Here are the three biggest reasons why Nio stock is a solid buy right now for 2023.
In today’s digital world, there will always be a need for cybersecurity. Too many of our essential systems, everything from the upper levels of government and finance to the automation systems that run the traffic lights, depend on online connections for us to ignore the basics of securing our computer networks. Recent events, including the ongoing questions about election integrity, deep macroeconomic volatility, and the Russian war in Ukraine, have simply underscored the importance of cybersec
Technology stocks are on quite a tear to start 2023, but that could actually be an ominous signal. The Nasdaq Composite Index (COMP) is up 11% so far this month, on track for its best January performance since it notched a 12.2% gain in 2001, according to Dow Jones Market Data.
Market forces rained on the parade of Intel Corporation ( NASDAQ:INTC ) shareholders today, when the analysts...
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
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.
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.
Despite the difficult backdrop offered by 2H22 and reflected in PC inventory digestion, Advanced Micro Devices (NASDAQ:AMD) has navigated the rough terrain rather well. Ahead of the chip giant’s fiscal fourth quarter earnings (Jan 31), Mizuho analyst Vijay Rakesh reckons the full-year 2022 results should show 43% year-over-year growth, boosted by a strong showing from data center (DC), which Rakesh sees climbing 60% higher y/y. This will amount to a “significantly better” performance than compet
It was a busy week for dividend announcements, with the fourth-quarter earnings season in full swing.
The battle of the bills turns personal.
Energy Transfer (NYSE: ET) is giving its investors another raise. The master limited partnership (MLP) recently declared its latest distribution, a 15% increase from the prior payment level. Energy Transfer's new payment level is $0.305 per unit each quarter ($1.22 a year).
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