Here are the most important news, trends and analysis that investors need to start their trading day: 1. Dow set to open slightly higher after 7 straight weeks of selling Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, US, May 13, 2022. Brendan Mcdermid | Reuters US…
Tag: Investment strategy
Spirit Airlines, Carvana, Warby Parker and more
Take a look at some of the biggest movers in the premarket: Spirit Airlines (SAVE) – Spirit Airlines surged 19.3% in premarket trading after JetBlue (JBLU) launched a $30 per share tender offer for its rival airline. Spirit had rejected a prior bid by JetBlue, preferring to keep a previously struck deal to merge with…
Lithium’s vital role in the energy transition sends prices to record highs. how to play it
The all-electric future, where homes, cars and buildings run on clean energy, depends on a host of raw materials, but perhaps one more than the rest: lithium. Prices for the key metal have shot up over the last year as projections suggest demand is going to vastly outstrip supply. On one side there’s automakers promising…
Tesla, Zoom, Beyond Meat, Ford, Disney
Here are the biggest calls on Wall Street on Thursday: Wells Fargo upgrades Albemarle to overweight from equal weight Wells said in its upgrade of the specialty chemicals manufacturing company that it sees “a strong fundamental picture for the lithium industry unfolding.” “Near term, we are raising our 2022 and 2023 outlook for ALB on…
Personal finance education is gaining momentum across the US
Nine-year-old student Roberto Nieves Fernandez studies personal finance topics on his laptop using online resource center SmartPath. SMARTPATH More states are requiring students to take personal finance education courses before they graduate high school. There are currently 23 states that mandate a personal finance course for students, according to the 2022 Survey of the States…
Wall Street faces a litany of fears right now, including whether this is a Nasdaq Y2K plunge rerun
Anxiety and trauma sufferers are sometimes asked to define a hierarchy of fears that trigger distress so they might be managed. An anxious Wall Street faces a litany of fears right now that have shadowed the broad market on its way to a near-20% decline into Thursday’s urgent sell-off and remain after Friday’s strong and…
Florida lawmakers unanimously approve personal finance education bill
Nine-year-old student Roberto Nieves Fernandez studies personal finance topics on his laptop using online resource center SmartPath. SMARTPATH Florida is poised to become the largest state to make a financial literacy course mandatory for high school graduation. The Florida Senate on Friday unanimously passed SB 1054 and sent it to the state House of Representatives,…
Molson Coors CEO says company’s supply is well-hedged against inflation
> Molson Coors CEO says company’s supply is well-hedged against inflation – YouTube新功能 .
Upstart CEO defends increased loan balance, says the AI lending platform’s model hasn’t changed
In an interview Tuesday with CNBC’s Jim Cramer, Upstart Holdings CEO David Girouard sought to downplay investor concerns about the increased loan balance held on the financial technology firm’s balance sheet at the end of its first quarter. Shares of the artificial intelligence lending platform plunged 56.42% Tuesday, closing at $33.61 apiece, one day after…
Upstart shares plummet 56% after company cuts full-year revenue forecast
In this photo illustration an Upstart Holdings logo is seen on a smartphone screen. Pavlo Gonchar | SOPA Images | Light Rocket | Getty Images Shares of Upstart plummeted Tuesday after the artificial intelligence lending platform cut its full-year revenue outlook, citing rising interest rates and an uncertain economy. The company had reported better-than-expected first-quarter…