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Will neo-banking firm SoFi Technologies (NASDAQ:SOFI) be the comeback story of 2023? SOFI stock has several potential turnaround drivers that last year’s downtrodden investors can look forward to this year. As you’re surely aware, last year’s inflation woes and recession fears prompted a selloff in the stock market. SoFi’s investors were hit with staggering losses, but
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Source: Shutterstock After doubling off its 52-week lows, Tesla (NASDAQ:TSLA) stock continues to climb. The market’s high pessimism for TSLA stock at the start of the year seems to have shifted into high optimism. Hopes are that this electric vehicle (EV) maker can continue to thrive despite current economic challenges. Even as other growth stocks
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In this article NET YELP MSI PYPL LYFT EXPE Follow your favorite stocksCREATE FREE ACCOUNT A traveler arriving at Los Angeles International Airport looks for ground transportation during a statewide day of action to demand that ride-hailing companies Uber and Lyft follow California law and grant drivers “basic employee rights” in Los Angeles, California, U.S.,
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2023 could be a year of recovery for China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO). You might be surprised that NIO stock traders largely shook off Nio’s seemingly weak January sales numbers. However, there’s a logical explanation for this. Besides, Nio’s price-cutting strategy should help to make the automaker more competitive. Last year’s on-and-off Covid-19 lockdowns
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After years of astounding gains, one might be led to assume that Amazon (NASDAQ:AMZN) stock can’t possibly disappoint its investors. Yet, every company is vulnerable to macroeconomic issues, including Amazon. The past 12 months were painful for overeager Amazon shareholders, and unfortunately, the next year might not be much better. As the old saying goes,
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We’re going to talk about penny stocks and what is so attractive to these nowadays. There is a couple of reasons why people are attracted to penny stocks, and you need to hear this before you start trading penny stocks. #pennystocks #tradingpenny #tradingstocks #pennystocktrader #cheapstocks Posted at: https://tradersfly.com/blog/why-are-people-attracted-to-penny-stocks/ ? Newsletter & Announcements : https://tradersfly.com/go/tube/ ?
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choja | E+ | Getty Images The solar technology company Nextracker priced its initial public offering just above its stated $20 to $23 per share range, people with knowledge of the transaction told CNBC. The order book for Fremont, California-based Nextracker was “well subscribed,” meaning demand allowed the company to exceed expectations on pricing, sources
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With geopolitical tensions and a global economic rebound, 2022 was a year to buy energy stocks. Warren Buffett went on a shopping spree buying oil and gas stocks like Chevron Corporation (NYSE:CVX) and Occidental Petroleum (NYSE:OXY). The current year is likely to be challenging. It’s time to be very selective, and there are energy stocks to sell before they trend
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In this article LUMN GOOGL UA FTNT Follow your favorite stocksCREATE FREE ACCOUNT Rafael Henrique | Lightrocket | Getty Images Check out the companies making headlines in midday trading Wednesday: Lumen Technologies — Shares fell 22.5% after the cloud network data company reported a fourth-quarter loss of about $3.1 billion. Its earnings guidance for the
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With the economy and the stock market not fully out of the woods, my suggestion is to focus on the safest stocks at the moment. With the most recent statements from Federal Reserve Chairman Jerome Powell suggesting that interest rates will keep rising, and that a “Fed pivot” isn’t just around the corner, the overall market’s
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