Electric vehicles are likely to remain a key investment theme through 2022. However, as competition in the industry intensifies, investors need to be increasingly selective in choosing EV stocks. Lucid Group (NASDAQ:LCID) stock is one stock that deserves a place in the portfolio. The LCID stock price is up 8.83% so far in 2022. Source:
Can you use FSA funds to pay for a gym membership or exercise classes? The Internal Revenue Service (IRS) typically does not allow funds from a Flexible Spending Account (FSA) to pay for membership dues at health clubs or gyms. However, the IRS allows FSA funds to be used for paying separate fees charged at
In this article ZS MSFT CSCO DKS TTWO Ed Stack, CEO of Dick’s Sporting Goods. David Orrell | CNBC As the world heads toward another year of the pandemic, investors must adapt to changing macroeconomic forces and trends. Rising inflation, the Federal Reserve’s move to dial back its monetary support, and a workforce that’s been
Wall Street investors are very fickle these days. They are showing no commitment in either direction for longer than a few hours at a time. This makes it very difficult to commit capital with great conviction. This dynamic is part of what has impacted Teladoc (NYSE:TDOC) stock. TDOC has given up the entire relief rally
The last time I wrote about Opendoor Technologies (NASDAQ:OPEN) stock was on Dec. 21. Maybe it should have been the last time I wrote about it. Source: Tada Images / Shutterstock.com It’s only been three weeks, which is nothing. Yet OPEN stock hemorrhaged 20% between then and the time of this writing. True, you shouldn’t
For the past two months, Palantir Technologies (NYSE:PLTR) has been in sell-off mode. Due to disappointing earnings, plus the cycling out of tech growth stocks ahead of planned rate hikes, PLTR stock has dropped from around $26.75 per share to around $16.75 per share. Source: Ascannio / Shutterstock.com Bouncing back in recent days, after falling down to
ContextLogic (NASDAQ:WISH) stock has left most investors wishing that they’d never heard of the company in the first place. The e-commerce firm went public in December 2020 and appeared to have bright prospects. It was growing at a rapid clip and seemed to have a unique model that would earn it a solid place in
In this article SPCE Spacecraft VSS Unity lands on the runway at Spaceport America in New Mexico after the company’s fourth spaceflight test on July 11, 2021. Virgin Galactic Shares of Virgin Galactic fell in trading on Thursday after the company announced plans to raise up to $500 million in debt. “The company intends to
Take a look at some of the biggest movers in the premarket: Illumina (ILMN) – Illumina issued a 2022 revenue outlook that exceeded consensus analysts’ estimates, noting strong demand for its gene sequencing treatments as well as new partnerships with four health care companies. Illumina jumped 4.1% in the premarket. Rivian (RIVN) – Rivian fell
Novavax (NASDAQ:NVAX), the Gaithersburg, Maryland-based biotech company, still has not submitted its Covid-19 vaccine for emergency use approval (EUA) to the Food and Drug Administration (FDA). The company says it will do so by the end of January. But the market is skeptical and is still waiting to see when the EUA will happen. As
Back last September, DraftKings (NASDAQ:DKNG) stock was viewed as a “can’t miss” wager among investors. Source: Lori Butcher/Shutterstock.com Going into the football season, many “laid the points” with DKNG, buying into it at its highs with the expectation that this winning sports betting stock would stay a winner. Since then, not only has this favorite failed
Foreign direct investment (FDI) signifies capital invested in a country that provides manufacturing and service capabilities for both native consumers and world markets. Not only does this capital signal investor confidence in a specific business and in the geopolitical climate of the host country, but it can also link national economies, benefiting both the capital
Chinese automaker Nio (NYSE:NIO) has several strengths, including its innovative battery-exchange program, significant sales growth and its pending expansion into multiple overseas markets. Yet, NIO stock is down 50% in the past year. Source: Andy Feng / Shutterstock.com Maybe that’s because in the past several months, the company’s sales growth and financial results haven’t been
Jeffrey Smith, chief executive officer and chief investment officer at Starboard Value LP. David Paul Morris | Bloomberg | Getty Images 2021 was a busy year for activist funds, with notable investors including Starboard Value, JANA Partners and Carl Icahn pushing for meaningful change at an array of companies. In all, activist shareholders embarked on
In this article DIS SAM BLK JPM WFC SHW Check out the companies making headlines before the bell: BlackRock (BLK) – BlackRock earned an adjusted $10.42 per share for the fourth quarter, beating the consensus estimate of $10.16, although revenue for the asset manager was slightly below forecasts. Assets under management rose above the $10
Amazon (NASDAQ:AMZN) stock has been in a sort of free fall for the past several months. I suspect that it may be at a point where investors can begin accumulating it. One reason is that I foresee that AMZN stock will stage a rebound sometime this quarter or in the spring. Source: BigTunaOnline / Shutterstock.com
Usually, I like to share great stocks to buy or stocks that you need to sell or avoid. Today, it’s a bit of mix. These are great stocks — some are portfolio holdings — but this just isn’t the time to buy them. What that means is, most of these stocks have very low Portfolio
Investors surely had dreams of Virgin Galactic (NYSE:SPCE) stock going “to the moon” after Sir Richard Branson’s historic space flight last summer. They’ve been sorely disappointed. SPCE stock is down 80% since Branson became the first of the billionaire space company founders to take his own craft to outer space. Source: Christopher Penler / Shutterstock.com
In this article C JPM JP Morgan CEO Jamie Dimon speaks at the Boston College Chief Executives Club luncheon in Boston, Massachusetts, U.S., November 23, 2021. Brian Snyder | Reuters Banks have been one of the main beneficiaries of high inflation recently because their profit margins tend to expand when higher prices force central banks
In this article LVS C JPM DPZ SHW Spencer Platt | Getty Images Check out the companies making headlines in midday trading. Casino stocks — Las Vegas Sands and Wynn Resorts saw their shares jump more than 11% and 7%, respectively, after the Macau government said the number of casinos allowed to operate there would