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The Salesforce West office building in San Francisco, California, on Wednesday, Jan. 25, 2023. Marlena Sloss | Bloomberg | Getty Images Company: Salesforce (CRM) Business: Salesforce is a global leader in customer relationship management (“CRM”) technology that brings companies and their customers together. It was founded in 1999 and is a pioneer in the cloud
In this article CL HAS AXP Follow your favorite stocksCREATE FREE ACCOUNT American Express, Visa and Mastercard signage are displayed in a shop window in New York. Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. American Express — The credit card company saw an 11% jump in
You may have noticed; the stock market is starting to break out right now. The S&P 500 is up 5.5% year-to-date, marking one of its best starts to a year ever! Could it be just another bear market rally? Unlikely. This rally looks and feels a lot different – in a good way. Inflation is
The prices of used cars have skyrocketed in the past few years. Coming out of the pandemic, supply-chain constraints made it difficult for people to get their hands on new ehicles, pushing many people to the used car market. Consequently, the demand for and prices of used cars, trucks and SUVs spiked. Automotive industry expert
What will the future look like for California-headquartered neo-banking firm SoFi Technologies (NASDAQ:SOFI)? There’s certainly no guarantee that the company will grow or that SOFI stock will gain value over the next seven years. Yet, there are reasons to believe that SoFi Technologies represents the future of modern banking and will stage a major comeback by
In this article TSLA STX TSCO ALB PTON LEVI Follow your favorite stocksCREATE FREE ACCOUNT A charging station is seen at the Tesla Corporate Headquarters on January 03, 2023 in Travis County, Texas. Brandon Bell | Getty Images Check out the companies making headlines in midday trading. Seagate Technology — Shares of the data storage
2022 was a tough year for nearly all sectors. Tech stocks, however, were among the hardest hit as an interest-rate-driven bear market reared its ugly head. Of course, tech stocks won’t stay beaten down forever. On the contrary, they are likely to lead the way higher during the next bull market as they have done
Just because you believe that a market sector will grow in the coming years, doesn’t mean every company deserves your investment capital. A prime example is electric vehicle (EV) manufacturer Arcimoto (NASDAQ:FUV). The FUV stock price has already declined substantially, and more downside is likely. After discovering the company’s delivery data and desperate self-preservation tactics,
It looks like financial traders are still deciding what to do with Toyota Motor (NYSE:TM) stock today. They’re mulling over an announcement that Toyota’s chief executive, Akio Toyoda, is stepping down. The billion-dollar question is about how this might change Toyota as a company going forward. Toyoda is the grandson of Toyota’s founder, and he’s
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In this article V KLAC HAS INTC Follow your favorite stocksCREATE FREE ACCOUNT The Intel Corporation logo is seen at a temporary office during the World Economic Forum 2022 (WEF) in the Alpine resort of Davos, Switzerland May 25, 2022. Arnd Wiegmann | Reuters Check out the companies making headlines in after-hours trading. Intel —
While biotech may be the next big thing, making money through it isn’t easy. Indeed, investing in biotech stocks is often more of an art than a science. And considering these companies are solely focused on scientific endeavors, that’s not what many investors want to hear. For every Moderna (NASDAQ:MRNA), which shot to wealth and fame on
The tech market saw a poor 2022. While it continues to represent one of the most popular investment sectors on the market, the industry shaved $4.6 trillion in market capitalization throughout the year. There were thousands of tech employees who suffered from the rampant layoffs throughout the year. And it seems this rout is only
Today, few are holding out on Lucid Group (NASDAQ:LCID) as a possible Tesla (NASDAQ:TSLA) in the making. As you may recall, the SPAC predecessor to LCID stock hit prices nearing $65 per share around two years ago, on expectations that this EV startup was going to be the ultimate Tesla killer. Since then, changing economic
The bell at the NYSE Source: NYSE The day after a major trading glitch at the New York Stock Exchange open, the NYSE has issued a statement on what happened: “The root cause was determined to be a manual error involving the Exchange’s Disaster Recovery configuration at system start of day.” That’s all they are
A truck hauls a shipping container at Yusen Terminals (YTI) on Terminal Island at the Port of Los Angeles in Los Angeles, California Mike Blake | Reuters Economic growth is expected to have slowed slightly in the fourth quarter but was still solid, driven by a strong consumer. Economists will be studying Thursday’s report on
With inflation easing, and the chances of the Federal Reserve pivoting on interest rate hikes, a stock market comeback could be starting to take shape. There are many ways to play this, but you may want to focus on bargain stocks instead of diving into meme stocks or even more established growth stocks. Why? According to
Based on its performance in recent days, QuantumScape’s (NYSE:QS) appeal as a possible short-squeeze play appears to be fading. The QS stock rally has lost momentum in recent days. Nevertheless, you may believe that the QS rebound has yet to come to an end. Short squeeze buzz hasn’t been the only factor driving the electric
Did a rough 2022 make you afraid to invest in China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO)? Don’t be fearful, as NIO stock could turn a corner this year. As we’ll discover, Nio is making smart and bold moves — not only with the company’s vehicles but also in EV battery technology and beyond. Last year