R.J. Scaringe, Rivian’s CEO, introduces the world to his company’s R1T all-electric pickup and all-electric R1S SUV at the Los Angeles Auto Show in Los Angeles, California, November 27, 2018. Mike Blake | Reuters Check out the companies making headlines after the bell: Rivian Automotive — The electric vehicle maker rose 3.1% in after-hours trading
What Is the Department of Housing and Urban Development (HUD)? The purpose of the U.S. Department of Housing and Urban Development (HUD) is to provide housing and community development assistance and to make sure everyone has access to “fair and equal” housing. To achieve these goals, HUD runs or participates in many programs intended to
Enterprise Resource Planning (ERP) solutions are vital for all kinds of companies, especially those that are growing or very large. Companies look to software providers for help in managing all kinds of enterprise resources. Some of the biggest needs fall in the categories of accounting, financial analysis, human resource management, client relations, manufacturing, supply chain, and
In this article CAH Customers are socially distanced on rides like the Wonder Woman: Lasso of Truth at Six Flags Great Adventure in Jackson, New Jersey. Kenneth Kiesnoski/CNBC Check out the companies making headlines in midday trading. Six Flags — Shares dropped more than 22% after the theme park company sharply missed second-quarter earnings expectations.
Rates across mortgage types dropped substantially Wednesday, with the 30-year average moving almost a quarter percentage point lower. Rates have swung in dramatic movements for the past week. Today’s National Mortgage Rate Averages Rates on 30-year mortgages moved lower Wednesday, declining 22 basis points for a three-day descent of 40 points. It continues a pattern
Tesla, Inc. (TSLA) CEO Elon Musk offloaded nearly $7 billion worth of shares in the company to build a cash stockpile for his legal battle with microblogging site Twitter, Inc. (TWTR), according to Securities and Exchange Commission (SEC) filings published on Tuesday, Aug. 9. Key Takeaways Elon Musk sold nearly $7 billion worth of Tesla
Rent or buy? It’s a big decision, particularly for young professionals as they launch their careers and begin shaping their long-term financial plan. A July 2022 IPropertyManagement report found that more than 100 million Americans rent their homes and nearly 35% of them are under the age of 35, but that doesn’t mean they’re taking
Key Takeaways Ethereum is closer to switching from Proof-of-Work (PoW) to Proof-of-Stake (PoS) model. The network’s third and final testnet, Goerli, successfully transitioned to PoS on August 11, 2022. Ether rose 14% in 24 hours following news of the successful final merge. To transition from Proof-of-Work (PoW) to Proof-of-Stake (PoS), Ethereum finalized the third (and
Source: Image credit: NASA, ESA, CSA, and STScI [Editor’s note: “James Webb Ignites the Multi-Trillion-Dollar Opportunity in Space Stocks” was previously published in July 2022. It has since been updated to include the most relevant information available.] Have you seen the amazing images of space circling around the internet recently? I’m sure you’ve read all
Investors looking for cheap stocks to buy certainly have more options these days. Valuations are down, and multiple compression provides long-term investors with a buying opportunity we haven’t seen in some time. For existing investors, this selloff isn’t great. However, for those with capital on the sidelines, now appears to be a much better time
When U.S. investors think about cruise stocks to buy on the dip, they usually think of the three main companies: Carnival (NYSE:CCL), Royal Caribbean Cruises (NYSE:RCL), and Norwegian Cruise Line (NYSE:NCLH). However, there are several cruise-related businesses that also make potentially attractive stock picks at this point in the market. It’s not just as simple
Investors looking to understand the overall picture around Reddit stocks should consider ApeWisdom. The website tracks trends surrounding popular stocks that are gaining or already have lots of traction on the aggregation and discussion social media platform. So, it’s a great first stop when considering which Reddit stocks to buy on the dip. It really
Wall Street isn’t shielded from a recession, and with inflation running rampant, it’s tough for investors to find places to hide. However, traders have started paying more attention than ever before to real estate stocks, as they see them becoming less volatile compared to other markets during tough financial times. The property market has been
In general, the biggest reason for holding dividend stocks is to generate regular cash flows. Furthermore, dividend stocks are typically low-beta stocks and help in balancing overall portfolio risk. However, that does not mean dividend stocks cannot produce healthy capital gains. Over the past 10 years, the S&P 500 High Dividend Index has delivered an
Today, the 401(k) is a standard way that Americans save for retirement. Because these plans provide tax benefits and a potential employer match, many investors aim to “max out” their contributions, or contribute up to the IRS annual limit. For 2022, the contribution limit is $20,500 per year for workers under age 50, and $27,000
In this article UTZ WRBY GOOS-CA SIX DIS CAH Check out the companies making headlines before the bell: Six Flags (SIX) – The theme park operator’s stock tumbled 12.8% in the premarket after its quarterly profit and revenue fell well short of Wall Street forecasts. Six Flags saw its results hit by a 22% drop
A flurry of news, plus the recent uptick among growth stocks, has sprung Tesla (NASDAQ:TSLA) shares back to life. In the past month, TSLA stock has bounced back to the tune of around 15%. To some Tesla skeptics, this may seem like little more than a “dead cat bounce.” After falling during the tech/growth stock
Overrated stocks generate interest beyond the numbers, somehow blinding investors into overvaluing them even when the evidence is weak. The S&P 500 has had its worst start in years as the equities market continues to find form. Several stocks trading at frothy valuations have faced massive corrections and are trading at more rational prices. Despite
Source: Shutterstock [Editor’s note: “Become a Billionaire by Investing in The Industry With Infinite Potential” was previously published in August 2021. It has since been updated to include the most relevant information available.] Life’s different for billionaires. They live in multi-acre estates worth tens of millions of dollars. They drive cars that are the stuff
During bull markets, it’s not hard to find strong uptrend stocks. However, identifying such names during bear markets is a completely different story. In bear markets, the rallies do not tend to last as long, breakouts fail constantly, and the number of stocks that are experiencing high-quality moves decline considerably. What exactly is an uptrend?