Throughout the 1900s, oil made some people fortunes. But now those who made fortunes in oil last century will make even more by betting on an “oil killer” — and that’s hydrogen. Shell (NYSE:SHEL), BP (NYSE:BP), Chevron (NYSE:CVX) and TotalEnergies (NYSE:TTE) all created multi-hundred-billion-dollar empires as oil became the modern economy’s centerpiece. But now even
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This article describes six dividend stocks to buy in July with yields over 5%. These stocks are more likely to withstand a recession than the average stock. The Federal Reserve is going to raise rates again in July, which will hurt the market. But these stocks have the ability to keep paying their dividends thanks
The travel and tourism industry has still not witnessed a strong recovery after the black swan event of the Covid-19 pandemic. Cruise stocks have been among the worst hit. Not just in terms of capacity utilization, but also in terms of the impact on the balance sheet. With multiple concerns, it’s not surprising that Carnival
In the last two weeks, I’ve fielded a question often enough that it deserves its own write-up. This year, the oil trade has been extremely popular. And up until recently, it has been profitable for the bulls. But last week, their party suffered a serious setback. Occidental Petroleum (NYSE:OXY), for example, abruptly fell 25%. Today,
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, June 16, 2022. Brendan McDermid | Reuters SPACs, once Wall Street’s hottest tickets, have become one of the most hated trades this year. The proprietary CNBC SPAC Post Deal Index, which is comprised of SPACs that have completed their mergers
In this article MO COIN HOOD DWAC BNTX SAVE Check out the companies making headlines before the bell: Spirit Airlines (SAVE) – Spirit Airlines lost 4.7% in the premarket after saying it would accept the latest improved takeover bid from Frontier Group (ULCC). The latest Frontier cash-and-stock bid is valued at $2.7 billion based on
Today, we’ll introduce seven defensive stocks to buy for a bear market. As broader indices try to stabilize, investors are looking for robust shares that could hold up well in current volatility. InvestorPlace readers are keeping a close eye on the S&P 500 index, which has declined roughly 18% in 2022. Earlier in June, markets plunged
Electric vehicle (EV) stocks have been among the most popular investment options for investors over the last few years. The industry performed extremely well on the back of a higher global EV adoption rate. Approximately 9% of global car sales were EVs in 2021, up from 4.1% in 2020 and 2.5% in 2019. This makes
Source: Michael Vi / Shutterstock SoFi Technologies’ (NASDAQ:SOFI) efforts to become a leading online bank are not off to a great start. The fintech company is running large operating losses and the value of SOFI stock has plummeted 63% so far this year. However, many people haven’t given up on SoFi. That includes, importantly, the
Source: Jimmy Tudeschi / Shutterstock.com In mid-June, shares of Warner Bros. Discovery (NASDAQ:WBD) fell to a fresh low of $13.30 following the release of an analyst report that raised concerns about its direct-to-consumer streaming strategy. WBD stock has only been trading since April 11, after Discovery merged with WarnerMedia, but it is down more than
Home equity loans and home equity lines of credit (HELOCs) can be powerful tools for financing big projects without incurring high-interest credit card debt. But when interest rates are unstable, adjustable-rate products like HELOCs are a bit trickier. How do you decide when is the right time to apply for a HELOC, and what should
In this article SAVE ETSY COIN HOOD DWAC Monitors display Coinbase signage during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, U.S., on Wednesday, April 14, 2021. Michael Nagle | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Spirit Airlines — The budget airline’s shares
Headquartered in Illinois, Redbox Entertainment (NASDAQ:RDBX) operates a network of self-service kiosks where consumers can rent or purchase movies. These movies are typically on DVD or Blu-ray, though Redbox also provides content streaming services. Chicken Soup for the Soul Entertainment (NASDAQ:CSSE) has agreed to acquire Redbox, and investors can prepare for this event by holding a few shares
These are high-tech dividend stocks to buy and hold. Investors should take advantage of their recent weakness in light of the Federal Reserve’s money supply tightening moves. Many of these companies will not see a dramatic downturn in their economic fortunes, at least according to analysts. That means unless the coming recession is severe, these
Shares of cryptocurrency brokerage firm Coinbase Global (NASDAQ:COIN) stock have plummeted an astonishing 75% year-to-date. After that sort of decline, it might seem like COIN stock is an obvious buy here. Surely it has to bounce at some point, right? While Coinbase may be due for a relief rally once the price of Bitcoin (CCC:BTC-USD) stabilizes, it
Amazon (NASDAQ:AMZN) has not had a great run lately. Unfortunately, FAANG has not been able to buck the market’s overall selloff. A few of the components are holding up okay, but Meta (NASDAQ:META), Netflix (NASDAQ:NFLX) and AMZN stock are all badly underperforming the Nasdaq. Unfortunately for Amazon, it’s not sitting in a good place. Inflation
Traders on the floor of the NYSE, June 15, 2022. Source: NYSE U.S. stock futures were little changed on Sunday night following a major rebound last week from this year’s steep declines. Despite the bounce, Wall Street is preparing to wrap up the worst first half for stocks in decades. Dow Jones Industrial Average futures
Tesla (NASDAQ:TSLA) shareholders are forced to live with a chief executive officer (CEO) who is probably the most disruptive individual in the tech industry. This has big advantages — much of Tesla’s progress over the past decade has been largely because of CEO Elon Musk’s sheer force of will, determination, and a bit of showmanship. That
Robinhood (NASDAQ:HOOD) stock has kept falling without any indication of it bottoming out, and it has recently dipped even more with Gary Gensler’s stock trading proposal. The company’s finances aren’t doing great either, as Robinhood has missed its earnings expectations this quarter, leaving an even more bearish outlook for the stock. Robinhood is clearly struggling,
Most of us are familiar with the metaverse. Or, the “sci-fi concept whereby humans put on some sort of headset or smart glasses that allows them to live, work and play in a virtual world much like the one depicted in the ‘Ready Player One’ movie,” as noted by CNBC. Better yet, according to a McKinsey