The Senate late Thursday passed a measure to head off a government shutdown, averting a partisan standoff over federal vaccine mandates that threatened to push a Friday deadline.
The yield-sensitive Nasdaq Composite Index on Wednesday logs its first close in correction territory since March. Here's what history says happens next.
Shares of Ford Motor Company (NYSE: F) were trading down on Wednesday, after the company previewed a series of one-time items it expects to report with its fourth-quarter earnings. As of 1 p.m. ET, Ford's shares were down about 7.2% from Tuesday's closing price. At first glance, Ford's preview, released after the U.S. markets closed on Tuesday, was good news.
Let’s talk about quality stocks. Of course, this is the direction that every investor wants to go; but the question is, how to recognize them? Do we go all-in on the big-value, big-name giants? Or do we dig a little deeper, and find the high-end nuggets that are hiding in the sandheap? Weighing in from investment bank Morgan Stanley, chief investment officer Lisa Shalett recommends the latter. She recommends investors to look for beaten-down stocks, equities that have lost value recently – but t
Still wondering if a bear market is coming soon for the S&P 500? It's already here now for a staggering number of big U.S. stocks.
You can't live off Social Security benefits alone. Smart retirement planning says the 4.7% Rule is your best shot for safe, durable retirement income.
Valneva SE (NASDAQ: VALN) has announced results from an initial laboratory study demonstrating that serum antibodies induced by three doses of Valneva's COVID-19 vaccine candidate, VLA2001, neutralize the omicron variant. Sera from 30 participants in the Phase 1/2 trial VLA2001-201 were used to analyze the neutralization of the ancestral SARS-CoV-2 virus and the Delta and Omicron variants. All 30 samples presented neutralizing antibodies against the ancestral virus and Delta variant, and 26 samp
For the past 12 years, growth stocks have shone brightly on Wall Street. Below are five growth stocks with all the tools and catalysts necessary to make you richer in 2022 (and likely well beyond). The first fast-paced stock with the potential to drive home solid gains for investors throughout 2022 is electric vehicle (EV) manufacturer Nio (NYSE: NIO).
For the fourth trading day in a row, Rivian (NASDAQ: RIVN) stock is falling. Down 3.5% as of 1:35 p.m. ET, Rivian stock actually costs less today than it did at its initial public offering (IPO) two months ago. First and foremost, Rivian is an unprofitable electric truck start-up.
Inflation is red-hot. Keep up with these dividend growers.
Chinese President Xi Jinping took to the virtual stage at Davos to address Fed Chair Jerome Powell -- please don't lift interest rates.
After initially trading up on generalized enthusiasm or tech stocks (in the wake of yesterday's Microsoft-Activision Blizzard merger announcement), shares of semiconductor giant Nvidia (NASDAQ: NVDA) took a turn for the worse Wednesday, and are now down 2.6% as of 11:30 a.m. ET. At its current valuation of 93 times trailing earnings, Nvidia is one very pricy stock. The average valuation of stocks on the S&P 500, for example, is just 26 times earnings, meaning Nvidia shares cost more than three times the average.
Like many of its peers in the fintech sector, Sofi Technologies (SOFI) stock has been taking a hammering over the past few months. However, that all changed on Wednesday, after the company was granted the long-hoped-for U.S. banking charter by the Office of the Comptroller of the Currency. The much-needed sentiment boost could help kick off a turnaround and Wedbush’s David Chiaverini believes the final hurdle cleared on the path to becoming a bank should “accelerate earnings growth.” However, th
There wasn't any company-specific news released today, but investors may be following a larger trend of selling technology stocks as bond yields rise. Nikola's stock is down by 6% as of 10:50 a.m. ET. Investors typically sell high-growth tech stocks when bond yields rise because it means that future profits from these companies will be worth less than they would have been if rates remained lower.
Novavax has resolved manufacturing issues and gained authorization in more than 30 countries. Novavax may be on its way to generating billions of dollars in revenue. With all of this good news, could Novavax stock go parabolic?
What happened Silver and gold stocks soared higher in Wednesday afternoon trading. Here is where shares of three mining companies stood as of of 12:20 p.m. ET: Hecla Mining (NYSE: HL) is up 12%. First Majestic Silver (NYSE: AG) is passing 12.
Brace for stock market volatility, warns this top investing strategist.
(Bloomberg) -- Blue Pool Capital, which manages part of the fortunes of Alibaba Group Holding Ltd. co-founders Joe Tsai and Jack Ma, bought a New York penthouse previously owned by Dan Och.Most Read from BloombergEarly Omicron Breakthroughs Show MRNA Vaccines’ WeaknessWhy Some Vaccinated People Resist Omicron and Others Don’tStocks Drop as Selloff Puts Nasdaq Into Correction: Markets WrapBiden Expects Russia to ‘Move In’ on Ukraine; Warns of SanctionsIs Covid Becoming Endemic? What Would That Me
Hydrogen fuel cell maker Plug Power sees 2022 revenue surging 80% year over year to up to $925 million. Is PLUG stock a buy now?
The On-Balance-Volume (OBV) line peaked before prices in July and continues to point lower. A weak OBV line tells you that sellers are being more aggressive. The candles have yet to show us a bottom reversal pattern.
Here are a few market-based signs that imply more bumps could lie ahead, or at least highlight the rough path markets traversed thus far.