U.S. Federal Reserve Chairman Jerome Powell speaks to reporters after the Federal Reserve cut interest rates in an emergency move designed to shield the world’s largest economy from the impact of the coronavirus, during a news conference in Washington, March 3, 2020. Kevin Lamarque | Reuters Stocks could trade sideways as investors await the outcome
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Tesla (NASDAQ:TSLA) is the poster-child of the EV revolution. Nio (NYSE:NIO), on the other hand, has always been the little brother stuck living in Tesla’s shadow. But now, the little brother is taking the reigns and driving leading the EV charge, and Nio stock is beginning to reflect this shift in dynamics. Source: xiaorui /
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Beyond Meat (NASDAQ:BYND) stock will likely move higher over the next year as the foodservice segment of its total sales recovers. This is the inevitable conclusion from the plant-based meat company’s recent Q1 earnings release on May 6. As a result, I estimate that BYND stock is worth at least 50% higher at $224.13 over
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Chinese electric vehicle (EV) maker Nio (NYSE:NIO) saw the recent rally in its shares halt briefly this week. After ending the day at $43.68 on Jun. 7, NIO stock slightly slipped. The catalyst seems to have been May’s vehicle delivery update, which reported that volatility in semiconductor supply had impacted production for several days. Since then,
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In this article TSLA AMZN CNBC’s Jim Cramer on Friday suggested the U.S. impose a surtax on billionaires following this week’s ProPublica report on how some of the richest people on the planet are avoiding taxes. In recent years, billionaires including Amazon CEO Jeff Bezos, Tesla CEO Elon Musk, and businessman Michael Bloomberg, investors Carl
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Financial services for cryptocurrency holders have been growing as a subset of the fintech industry for years. Now, crypto 401(k)s are entering the mix. A small 401(k) provider called ForUsAll is now allowing participants to allocate up to 5% of their retirement funds into cryptocurrency.  The offering includes 50 different crypto assets including bitcoin, which
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Most investors who want exposure to the financial sector focus on well-known mega-cap stocks such as JP Morgan Chase (NYSE:JPM) and Bank of America (NYSE:BAC). However, some smaller financial services companies have much longer dividend growth streaks. In fact, the only three financial services companies in the group of dividend kings, which have raised their dividends
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It’s big-time theatre at the intersection of Main and Wall Street these days. I’m talking about those trending meme stocks which have become an unequivocally larger deal in 2021. But with the celebrity status comes a volatile battleground between bulls and bears that’s not always so clear-cut. Today, let’s look at the price charts of
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