Energy stocks and exchange-traded funds (ETFs) were a popular bet heading into 2022. So far, so good – the sector has been by far and away the best performer as the end of the year nears. The S&P 500 Energy Index delivered a massive total return (price plus dividends) of 58% through early December, driving… Continue reading The 8 Best Energy ETFs to Buy Now
Carvana Stock Plunges Amid Bankruptcy Chatter
Carvana (CVNA (opens in new tab)) stock tumbled by as much as 46% at one point early Wednesday amid rising worries that the online used-car retailer could be headed for bankruptcy (opens in new tab) protection. A related analyst downgrade of Carvana stock to the equivalent of Sell also weighed on shares. The bigger blow… Continue reading Carvana Stock Plunges Amid Bankruptcy Chatter
Tesla Stock Slumps on Demand Concerns
Tesla (TSLA (opens in new tab)) stock sold off once again on Wednesday, this time over concerns about weaker demand for its electric vehicles not only in the critically important market of China but also in the U.S. The latest warning comes courtesy of Bernstein analyst Toni Sacconaghi and follows reports earlier this week that… Continue reading Tesla Stock Slumps on Demand Concerns
FTX founder Sam Bankman-Fried is being investigated for crypto market manipulation: NYT
US federal prosecutors have launched a probe into FTX founder SBF for market manipulation, per NYT. The probe is in its early stages and it’s unclear if prosecutors have determined any wrongdoing. FTX filed for Chapter 11 bankruptcy on November 11 after an intense week-long liquidity squeeze. Loading Something is loading. Thanks for signing up!… Continue reading FTX founder Sam Bankman-Fried is being investigated for crypto market manipulation: NYT
S&P 500 sees 5th straight decline as recession fears weigh on US stocks
Carla Mozée Traders work on the New York Stock Exchange floor in New York City. AP Photo/Ted Shaffrey The S&P 500 notched its fifth consecutive losing session, and the Nasdaq Composite marked a fourth straight loss. Major banks are sounding the alarm on recession worries and potentially sharp losses in 2023. A slump in Chinese… Continue reading S&P 500 sees 5th straight decline as recession fears weigh on US stocks
A year of pain: investors struggle in a new era of higher rates
At its lowest the S&P 500 had shed $11 trillion — the combined economic output of Germany, Japan and Canada Author of the article: Financial Times Katie Martin and Harriet Agnew in London Publishing date: Dec 01, 2022 • 5 days ago • 9 minute read Join the conversation Investors’ classic blend of bonds and equities… Continue reading A year of pain: investors struggle in a new era of higher rates
Stock Market Today: Stocks Stay Shaky Amid Fed Uncertainty
Stocks continued to sell off Tuesday, with the S&P 500 extending its daily losing streak to four. Amid a relatively bare economic calendar, investors’ attention continued to be focused on next week’s Federal Reserve meeting. Uncertainty over the central bank’s next steps regarding monetary policy is impacting price action, particularly following the recent releases of… Continue reading Stock Market Today: Stocks Stay Shaky Amid Fed Uncertainty
Intel Promises Return to Chip Dominance. Does Anyone Care?
Intel (INTC (opens in new tab)) stock has been lagging the broader market for more than 20 years, hurt by the rise of nimble competitors, manufacturing delays and the fact that the world’s largest semiconductor company missed out on some of the biggest changes in technology of the past couple of decades. But Intel, a… Continue reading Intel Promises Return to Chip Dominance. Does Anyone Care?
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