In this article KRE FRC PACW Follow your favorite stocksCREATE FREE ACCOUNT First Republic Bank headquarters is seen on March 16, 2023 in San Francisco, California. Tayfun Coskun | Anadolu Agency | Getty Images Regional bank stocks spiraled lower Wednesday as investors weighed the Federal Reserve’s latest interest rate hike and commentary about the health
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The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022. Nvidia | via Reuters Check out the companies making headlines in midday trading. Nvidia — Nvidia shares gained nearly 3% midday, building on their recent outperformance. Wall Street analysts lauded the company’s artificial intelligence leadership following its
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In this article, we’ll look at what stocks Democratic congressmen are buying. The reason? Simple. Many investors believe U.S. lawmakers have the inside track regarding the stock market. Hence, stock pickers are increasingly monitoring their trades to see if they fit their investment profile. Last September, former House Speaker Nancy Pelosi announced that the Senate
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Tesla (NASDAQ:TSLA) stock was trading at $108 at the beginning of the year. In just over a month, TSLA stock delivered 100% returns. For fundamentally strong stories, the rally from oversold levels can be quick. This performance can be replicated in several EV stocks. Some EV stocks can surge by 100% in the next 6 to 12
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After attempting to rebound earlier this year, Mullen Automotive (NASDAQ:MULN) shares have experienced another sharp price decline over the past month. Now trading for just over a dime, MULN stock is now more than ever in the stock market scrapyard. Yet while the market may have written off Mullen as an investment opportunity, Microsoft’s (NASDAQ:MSFT)
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After many years of being cast aside, oil stocks came roaring back in a world rocked by inflation and geopolitical uncertainty. Unfortunately, those same oil stocks started off 2023 on the wrong foot. All with oil prices slumping on fears of a potential recession and ensuing slowdown in global demand. In addition, recent problems in the
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The conversation surrounding which dividend stocks to buy and which to avoid centers on a wobbly economy. The failures of banks including Silvergate Capital (NYSE:SI), Silicon Valley Bank (NASDAQ:SIVB), and Signature Bank (NASDAQ:SBNY) sent shockwaves rippling through the financial system. As a result, the potential for a financial crisis a-la 2008/2009 remains high. The FDIC has stepped in, and things appear calm, for
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U.S. Federal Reserve Chair Jerome Powell addresses reporters after the Fed raised its target interest rate by a quarter of a percentage point, during a news conference at the Federal Reserve Building in Washington, February 1, 2023. Jonathan Ernst | Reuters The Federal Reserve is expected to raise interest rates Wednesday by a quarter point,
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In this article FITB NYCB’A FRC TSLA Follow your favorite stocksCREATE FREE ACCOUNT A vehicle charges a Tesla Supercharging station in Corte Madera, California, US, on Thursday, March 2, 2023. David Paul Morris | Bloomberg | Getty Images Check out the companies making the biggest moves in premarket trading: Tesla — The electric vehicle maker
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The wavering market is setting up potential breakout stocks for savvy investors. The S&P 500 exchange-traded fund (NYSE:SPY) retreated from its Feb. 2023 peak to gain only 1.98% for the year-to-date. The lack of direction sent the less followed stocks to close near a 52-week low. Cautious investors may take a while before they realize
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