The Electric Last Mile (OTCMKTS:ELMSQ) bankruptcy auction on Oct. 7 is the next big event for Mullen Automotive (NASDAQ:MULN). The question is whether this event will create more positives or more negatives for MULN stock. Mullen, a fledgling electric vehicle (or EV) maker, has placed a “stalking horse” bid for Electric Last Mile’s assets, which
Mortgage rates again moved a notable increment lower Tuesday, resulting in an almost two-tenths of a point drop so far in October’s 30-year average. Now sitting in high 6% territory, it was just a week ago that the flagship average recorded a 20-year high in the mid-7% range. Today’s National Mortgage Rate Averages Rates on
For most of 2022, the fintech sector has underperformed the markets. The reasons are relatively straightforward: Tightening quantitative policy led by a hawkish Federal Reserve looking to rein in inflation has quelled overall risk appetite. This has led to a faster than average exit of investor capital from riskier sectors, fintech included. However, there are
A long-awaited digital collectible feature has finally arrived on Instagram after parent company Meta announced last week that its non-fungible tokens (NFTs) would be available to millions of U.S. users. The new feature lets Facebook and Instagram users connect their cryptocurrency wallets to their accounts and show off their NFTs. Meta also announced NFT support
It’s not just higher mortgage payments: Increases to the target range for the federal funds rate by the Federal Open Market Committee (FOMC) could mean the U.S. will pay as much as $1 trillion more this decade on interest payments for the national debt, according to the Peter G. Peterson Foundation. With inflation at its
Nio (NYSE:NIO) has to deal with many of the same issues that other Chinese electric vehicle (EV) manufacturers do. For example, the company has to contend with supply-chain constraints and the challenge of sourcing lithium for EV batteries. On the other hand, an arrangement with a lithium producer may provide an advantage for Nio. That
Health care can be one of the biggest expenses a person faces in retirement. A 65-year-old couple who retired in 2021 can expect to spend $300,000 on health care and medical expenses throughout retirement, according to the annual Fidelity Investments Retiree Health Care Cost Estimate. This sum doesn’t include the additional annual cost of long-term
What a year. EPR Properties (NYSE:EPR) stock, my pick for InvestorPlace’s Best Stocks for 2022, is down 19%. And yet I still find myself in fourth place. It’s just been that kind of year. I’m good with that. EPR could still enjoy a nice run in the fourth quarter and take the crown. Stranger things
The Consolidated Appropriations Act, 2021 (CAA), signed into law by President Donald Trump on Dec. 27, 2020, included new funding for the Paycheck Protection Program (PPP), which expired Aug. 8, 2020. The PPP was a U.S. loan program established to help small businesses affected by the economic slowdown associated with the COVID pandemic to pay
In this article ABNB BNGO MS F Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk speaks during the official opening of the new Tesla electric car manufacturing plant on March 22, 2022 near Gruenheide, Germany. Christian Marquardt | Getty Images Check out the companies making headlines in premarket trading Wednesday. Tesla, Twitter –
Oil stocks are doing great in the current market environment. With demand still strong and supply constrained, these companies have plenty of opportunity to make money hand over fist even if prices dip below $80 per barrel. Moreover, cheap oil stocks offer a great way to diversify your portfolio. I believe that even though they
With the major indices flashing red for the year, contrarian investors may want to turn to these S&P 500 sleeper stocks before the rest of the crowd wakes up. Fundamentally, bear market cycles provide excellent wealth-building opportunities. Effectively, new market participants can load up on high-potential equities, waiting for a boon to materialize. At the same time,
Reddit’s WallStreetBets forum took GameStop stock to unfathomable heights last year, ushering in the meme stock era. Though the retail trading frenzy has dulled considerably, the best Reddit stocks remain as relevant as ever. The site boasts a massive investing community and traders, with multiple subreddits dedicated to trading. Investors look to Reddit as a reputable
What exactly does Ideanomics (NASDAQ:IDEX) stock represent? Is it an electric vehicle (EV) design company? Or a tractor producer? Maybe it’s trying to be a wireless charging provider this week? How about a maker of street sweepers? Frankly, it’s hard to pin this company down, and IDEX investors are understandably unimpressed with the company’s poor financial results.
Cassava Sciences (NASDAQ:SAVA) stock took off once again during September. Rumors about the Securities and Exchange Commission (or SEC) clearing its investigation of the scandal-tarnished biotech firm resulted in a big spike for SAVA stock on Sept. 22. While partially pulling back immediately after, as Cassava’s management dispelled the rumors, news indirectly related to the
Water is not usually thought of as an exciting or innovative industry. It’s a basic good typically sold at a fairly low cost. And, yet, investing in the best water stocks on today’s list just may change your mind. With economic troubles mounting, it’s not a great time to be taking risks. Water stocks are
Value-at-risk (VaR) is a widely used measure of downside investment risk for a single investment or a portfolio of investments. VaR gives the minimum loss in value or percentage on a portfolio or asset over a specific period of time for a certain level of confidence. The confidence level is often chosen so as to give an
Living through bear markets sure can be tough. Such environments can create a lot of emotional turmoil, heartache and painful losses. But on the positive side, bear markets also create some monstrous opportunities for investors. When a massive decline wreaks havoc on the overall market, cheap stocks abound for investors to buy. But it’s not
I’m on the hunt for stocks to buy that are primed for a turnaround in the final quarter of 2022 and into 2023. But what constitutes a turnaround? The S&P 500 is down more than 23% year-to-date through Oct. 3. Is that the place to start? Or do we look for an even more significant
In December 2021, I chose Roku (NASDAQ:ROKU) for InvestorPlace’s Best Stocks for 2022 contest. Since then, it’s been an unmitigated disaster. Shares are now 88% off the all-time high and Roku stock is down 75% in 2022. This is the complete opposite of “stock of the year.” I’ll be completely honest, I just didn’t see