Despite sell-offs roiling the broader market, the stock of Digital World Acquisition (NASDAQ: DWAC) is rocketing higher today. There doesn't appear to be any fresh news powering the gains, but excitement surrounding the stock is surging ahead of the company's merger with Trump Media & Technology Group and the launch of their social media platform, Truth Social. It's a social media service backed by Donald Trump that's on track to launch Feb. 21, and investors are pouring into Digital World Acquisition stock ahead of the debut.
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
The IRS has good news for retirees starting in 2022: you can now keep more money in your tax-deferred retirement accounts thanks to lower required minimum distributions (RMDs). For the first time in 20 years, the Internal Revenue Service has … Continue reading → The post Good News for Retirees: RMD Formula Changing for First Time in Decades appeared first on SmartAsset Blog.
Chinese President Xi Jinping took to the virtual stage at Davos to address Fed Chair Jerome Powell -- please don't lift interest rates.
The stock market has gotten off to a rocky start in 2022, and Tuesday delivered another day of sell-offs and a 1.8% drop for the S&P 500 index. Amid the turbulent backdrop, Palantir (NYSE: PLTR) stock closed out the day down 6.5%. There wasn't any company-specific news driving the big-data company's most recent slide, but growth-dependent technology stocks have had a rough go of things lately due to a multitude of macroeconomic risk factors, and these were once again highlighted in Tuesday's trading.
Bill Baruch, Blue Line Futures President, and Jason Ware, Albion Financial Group Partner and Chief Investment Officer, join Yahoo Finance Live to discuss market lows, the Fed, the financial and bank sectors, and investing opportunities amid high volatility periods.
Nothing seems to be going right for Novavax (NASDAQ: NVAX) these days. The European Commission granted authorization to Novavax's Nuvaxovid COVID vaccine in December. On Jan. 14, HAS approved Nuvaxovid, making it the fifth COVID-19 vaccine approved in the country.
What happened Chinese electric vehicle maker Nio (NYSE: NIO) was one of many electric vehicle companies whose shares were trading lower on Tuesday afternoon, amid a broad market decline triggered by rising rates on government bonds.
J.P. Morgan Asset Management Global Market Strategist Jack Manley joins Yahoo Finance Live to discuss stocks selling off, fourth quarter earnings for big banks, inflation data, and the Fed.
With 4Q21 earnings season kicking off, RBC’s Jospeh Spak believes the quarter’s results will take a back seat to 2022 guidance. And the analyst thinks companies are likely to provide “fairly prudent” outlooks. Looking at the case of Plug Power (PLUG), this is evidently true; compared to Spak’s revenue forecast, the company is taking the safe route. The hydrogen specialist’s preliminary 2022 revenue guide has called for sales between $900-$925 million – broken down to $600 million for material ha
The EV upstart has fallen out of favor among more value-focused investors.
(Bloomberg) -- U.S. equity markets are primed for a correction as the Federal Reserve prepares to boost rates and higher inflation becomes a reality for some time, Carlyle Group Inc. co-founder David Rubenstein said.Most Read from BloombergMicrosoft Buys Scandal-Tainted Activision in Bet on MetaverseFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsStock Selloff Deepens as Treasury Yields Climb: Markets WrapDeadly Drone Strikes on UAE Raise Gulf Tensions, Roil Oil Mar
If you don't remember how to buy value S&P 500 stocks — don't feel bad — as it hasn't worked in years. But now investors are adding value.
(Bloomberg) -- Ford Motor Co. expects to record a gain of $8.2 billion in the fourth quarter on its investment in Rivian Automotive Inc. after the electric-truck maker’s blockbuster initial public offering late last year.Most Read from BloombergMicrosoft Buys Scandal-Tainted Activision in Bet on MetaverseFourth Pfizer Dose Is Insufficient to Ward Off Omicron, Israeli Trial SuggestsCovid-19 Infected Lions Prompt Variant Warning in South AfricaStock Selloff Deepens as Treasury Yields Climb: Market
California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019.
More than two dozen models of electric vehicles from legacy automakers such as Ford and General Motors to startups Fisker and Lordstown Motors (near Youngstown, Ohio) are expected to hit the market this year.
2022 is off to a sluggish start. But Goldman likes this group to bounce back.
What happened Blink Charging (NASDAQ: BLNK) stock is electric today, with its shares shooting up 10% as of 12:50 p.m. ET in response to some really big news from the electric car charging network: General Motors (NYSE: GM) is plugging into Blink.
These three top growth names are already down a lot and trade at fair prices, but could become really huge bargains if the market falls more amid rising interest rates.
It's not the "A" tech stock investors were clamoring for on the day, plus there was some discouraging legal news for the company.