Headline inflation numbers continue to run near their highest levels in 40 years. The Federal Reserve hiked interest rates by 75 more basis points in September. Analysts are rightly nervous about how long this rising-price period will persist. However, one key sector of the economy is already signaling that the worst of the inflation has
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To investors bullish on SoFi Technologies (NASDAQ:SOFI) stock, the recent performance of its shares may seem irrational. In their view, the market is failing to factor in the potential tailwind stemming from the lifting of the student loan moratorium starting Jan. 1, 2023. After this happens, this fintech firm will supposedly benefit from a big
In this article OXY COP FANG HAL DVN APA MRO SWK FLR IDCC LOGC FRPT BOX WFC MYOV LTHM VSAT RBLX PTON TSLA CS CSG.N-CH Follow your favorite stocksCREATE FREE ACCOUNT A Tesla electric vehicle at a supercharger station in Hawthorne, California, on Aug. 9, 2022. Patrick T. Fallon | AFP | Getty Images Check
While you’ve all heard the phrase you get what you pay for, sometimes, you can “arbitrage” this aphorism in the market with stocks to buy under $20. What does that mean? The lion’s share of financial advisors will direct you to quality blue-chips. These often carry hefty price tags and for good reason. They represent
For retirees, cheap monthly dividend stocks can be a great way to combat inflation. This type of investment provides a consistent and predictable stream of income that can help offset the rising cost of living. In addition, monthly dividend stocks tend to be less volatile than other investments, providing retirees with peace of mind in
Kim Kardashian agreed to pay $1.26 million to settle allegations that she violated Securities and Exchange Commission rules by touting a crypto token on social media without telling her followers she was paid to do so. The regulator said the reality TV star got $250,000 for posting about EthereumMax (EMAX) tokens on her Instagram account.
The September surge for mortgage rates was dramatic, but the 30-year average backed off to end the week and the month lower, dropping the average to 7% on Friday. Today’s National Mortgage Rate Averages For a third day Friday, the 30-year average hovered around 7%. Though still historically elevated, it’s a notable improvement from the
As a sensible investor, the last thing you need is drama. Yet, there’s no shortage of it when it comes to electric vehicle (EV) startup Faraday Future (NASDAQ:FFIE) stock. The company is, as we’ll discover, in a capital-poor financial state. Granted, FFIE investors responded well when Faraday Future apparently managed to avoid a lawsuit from a
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, August 29, 2022. Brendan McDermid | Reuters Am I becoming rueful that 2022 will end soon, and we will embark on the unknowns of 2023? Are you joking? The market is more skittish than my dogs in a thunderstorm
Our best brokerage accounts for beginners have features that help new investors learn as they begin their investing journey. The best trading platforms for beginners were selected based on top-notch educational resources, easy navigation, clear commission and pricing structures, portfolio construction tools, and a high level of customer service. Some online brokers for beginners also
Despite SoFi Technologies’ (NASDAQ:SOFI) poor share performance in 2022, the neo-banking firm actually has a supporter on Wall Street. Furthermore, SoFi Technologies is rolling out several novel and intriguing financial products and services. With these considerations in mind, and because SOFI stock is so cheap now, it’s not a bad time to buy a few shares.
A comfortable retirement is a big priority for Americans and one that’s becoming even more important with life expectancy on the rise. According to the U.S. Census Bureau, the average retirement lasts for 18 years, and many retirees have retirements that last for 20 years or more. Careful planning is a core part of preparing
Take a look at some of the biggest movers in the premarket: Credit Suisse (CS) – Credit Suisse slid 6.1% in premarket trading after the bank sought to calm the fears of investors and clients about its financial health over the weekend in a series of phone calls. Tesla (TSLA) – Tesla dropped 5.7% in
If you’re looking for cheap Cathie Wood stocks to buy in October, you might want to stay away from the controversial portfolio manager’s latest fund. On Sept. 27, Wood’s investment firm, Ark Invest, announced that it had launched the ARK Venture Fund, a closed-end fund that invests in both public and private companies. For a
This year’s market downturn has been brutal, even for steadier, less speculative stocks. With little sign concerns like inflation, interest rates, and a possible recession aren’t going away anytime soon, this trend could carry on in the months ahead. However, there is a silver lining. The 2022 bear market has created great opportunities among consumer
It’s not every day that you can see the world changing around you, but 5G technology is one of the innovations that has wide-ranging implications on everyday living. That’s why it’s important to be looking for the best 5G stocks to buy. The fifth-generation mobile network delivers higher multi-gigabit peak data speeds and improved reliability
It’s imperative to understand that not all of the best long-term stocks are typically high risk, high reward. They require investors to believe in their long-term potential to gain traction and cement their positioning in their respective sectors. The reward for long-term stocks tends to be quite high. However, there’s no certainty that the thesis
I’ll admit that, among the smaller electric vehicle pickss, Canoo (NASDAQ:GOEV) stock has a lot more going for it. This maker of specialty EVs (for functions such as deliveries) has built up an impressive backlog of orders. Not only that, there’s another promising sign with this EV play: insider buying. Yet while you may see
In an effort to be transparent and prevent conflicts of interest, the Ethics in Government Act requires many elected officials to file an annual financial disclosure statement that reveals their assets, investments, and businesses interests. Senators are one of the groups of people who must make this disclosure. Their statements are made available to the public and
What Is the Internal Rate of Return (IRR)? The internal rate of return (IRR) is the discount rate providing a net value of zero for a future series of cash flows. Both the IRR and net present value (NPV) are used when selecting investments based on their returns. Excel has three functions for calculating the