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Stocks

“Nikola shares surge 18% after company delivers its first EV truck, says more to come”

“Nikola shares jumped 18% on Thursday after theelectric truck maker completed delivery of its first vehicle. The surge in the stock came a day after the company announced on Twitter that its first customer delivery is done, signaling more to come…” https://www.cnbc.com/2021/12/23/nikola-shares-surge-after-company-delivers-its-first-ev-truck-says-more-to-come.html This… Continue Reading…

Economy

“Dogecoin spikes over 20% after Elon Musk says Tesla will accept it as payment for merch”

“ Dogecoin skyrocketed more than 20% Tuesday morning after Elon Musk said Tesla would accept it as payment for some merchandise. Musk has frequently talked up dogecoin, calling it his favorite digital coin and mentioning it in an appearance on… Continue Reading…

Business, Stocks

“Stitch Fix shares are down more than 27%, analyst says apparel retailer has hit a ‘growth wall’”

“Stitch Fix shares plummeted more than 27% Wednesday to a fresh 52-week low as one analyst said the company has run smack into a “growth wall.” The online shopping and styling service was able to top fiscal first-quarter expectations after the bell on… Continue Reading…

Personal Finance

“43% of adults say they have financially cheated on their partner”

“Have you always been financially faithful in your relationships? If the answer is no, you’re not alone. Some 43% of adults with combined finances in a relationship said they’ve committed an act of financial deception, according to a poll from… Continue Reading…

Business, Stocks

“Phunware stock surges over 1,000% early Friday as a Trump-linked SPAC heads for a 1,345% weekly gain”

“Shares of Phunware Inc. surged more than 1,000% early Friday, as a special-purpose acquisition company, or SPAC, called Digital World Acquisition Corp. , was revealed to be merging with an entity called Trump Media Technology Group. Austin-based Phunware is an… Continue Reading…

Banking, Economy

“BofA warns of 0% returns over the next 10 years — but here’s the 1 key strategy to fight it”

“Are stocks setting up for another decade of monstrous returns? Bank of America doesn’t think so. In fact, the banking giant’s valuation model is forecasting a flat return for the stock market over the next decade. Depressing, right? But here’s… Continue Reading…

Economy

“US Growth Forecast Slashed By One Percent, and IMF Warns Global Economy Is Not Looking Good”

“EDITOR’S NOTE: The global economic recovery from the pandemic is slowing dramatically, and the International Monetary Fund (IMF) just confirmed that by slashing the U.S.’s economic growth forecast. According to CNN, “the IMF on Tuesday slashed its 2021 growth forecast… Continue Reading…

Stocks

“Goldman Sachs Sees These 2 Stocks Surging Over 70%”

“Dole Plc (DOLE)… Overall, the recent analyst reviews on DOLE, breaking down to 3 Buys, 1 Hold, and 1 Sell, give the stock a Moderate Buy consensus rating. Shares are priced at $14.87 and the average price target of $19.60 implies… Continue Reading…

Business, Economy

“House Democrats propose top 39.6% tax rate at these income levels”

“House Democrats have proposed a top marginal income tax rate of 39.6% for individuals, part of a sweeping change to the tax code to fund climate investments and an expansion of the U.S. safety net. That rate, an increase from… Continue Reading…

Stocks

“Stocks may fall 15% by year-end, warns Morgan Stanley. Here are some portfolio moves investors might consider.”

“…“The issue is that the markets are priced for perfection and vulnerable, especially since there hasn’t been a correction greater than 10% since the March 2020 low,” said Lisa Shalett, chief investment officer of Morgan Stanley Wealth Management, in a… Continue Reading…