Top Stories Archives - Page 1366 of 1424

2 minute read

Tesla China’s Strong August Comeback, Rivian To Drive Across The Atlantic, Talent Drain At Lucid: Week’s Biggest EV Stories

September 10, 8:51 AM

Most electric vehicle stocks advanced in the week ending September 9, reversing course from the previous week’s across-the-board sell-off. The recovery is in part attributable to the rebound by the broader market following a lean patch.

DMLRY

2 minute read

Is Nancy Pelosi Betting Big On Hotels? A Look At An Investment The US Speaker Of The House Made

By Chris Katje

September 9, 5:25 PM

One of the sectors hit hardest during the COVID-19 pandemic was hospitality, which included restaurants and hotels. A member of the U.S. Congress could be betting on the comeback of hotels with a recent investment in an LLC that owns hotels.

MAR

3 minute read

Why Affirm Stock Is Surging And What To Watch For Next

By Melanie Schaffer

September 9, 5:16 PM

Affirm Holdings, Inc (NASDAQ: AFRM) surged over 10% on Friday after printing a bullish Marubozu candlestick on Thursday, which suggested the stock was likely to trade higher.

AFRM

2 minute read

Bitcoin, Ethereum, Dogecoin Surge Higher Into The Weekend: What’s Happening?

By Melanie Schaffer

September 9, 4:55 PM

Bitcoin (CRYPTO: BTC) was leading the crypto sector higher during Friday’s 24-hour trading session, skyrocketing about 10% higher. The bullish price action overnight on Thursday predicted a big move north for the general markets on Friday, which saw the S&P 500 rally about 1.7%.

$DOGE

4 minute read

Sports Betting Check-Ins Jump 77% For Opening Night: Here’s How Many People Could Bet On 2022 NFL Season

By Chris Katje

September 9, 4:24 PM

The National Football League kicked off its 2022 season with a marquee Thursday Night Football matchup between the Los Angeles Rams and Buffalo Bills. With more states having legalized sports betting for the season, here’s a look at what could be in store for the industry and publicly traded sports betting companies.

CZR

2 minute read

S&P 500 Snaps 3-Week Losing Streak As Investors Digest Powell’s Latest Inflation Comments

By Wayne Duggan

September 9, 4:05 PM

The SPDR S&P 500 ETF Trust (NYSE: SPY) broke a three-week losing streak this week as the latest commentary from Federal Reserve Chair Jerome Powell suggests the Fed will continue to aggressively combat inflation.

AAPL

2 minute read

Large Premarket Seller For Kroger Shares Spotted Friday: Trading The Grocer’s Q2 Earnings

By Joel Elconin

September 9, 3:39 PM

There are several critical aspects of the PreMarket Prep show that no other financial media has even a clue about. One of those is interpreting order flow and the price action in premarket and after-hours trading.

2 minute read

Why This Analyst Is Downgrading Auto Stocks CarMax, American Axle, Sonic Automotive, Says Supply Chain Issues ‘Likely To Persist Into 2023’

By Wayne Duggan

September 9, 3:11 PM

On Friday, one auto analyst downgraded the stocks of three auto dealers and suppliers as auto market pressures persist. The Analyst: Bank of America analyst John Murphy issued the following three auto industry ratings changes:

AXL

2 minute read

Housing Activity ‘Took A Nosedive’ As Mortgage Rates Hit 15 Year Highs – A Chart That Says It All

By AJ Fabino

September 9, 1:12 PM

Mortgage rates are at their highest point since the Great Recession as housing affordability continues to decline, according to Freddie Mac (OTCMKTS: FMCC) data.

FGBI

4 minute read

What’s Going On With Fisker? CEO Shares Updates On EV Reservations, Production, International Expansion, US Tax Cuts

By Chris Katje

September 9, 12:50 PM

Electric vehicle company Fisker Inc (NYSE: FSR) could be in the spotlight for investors with strong reservation numbers and late 2022 production. A recent interview from CEO Henrik Fisker shared an update on the company and what’s ahead.

FSR