Here’s why as much as 70% of the current EV market in the U.S. won’t qualify for the tax credit. There are a lot of upsides to owning an electric vehicle. For one, owners don’t Read more…
The average price of gasoline in the U.S. fell for the 55th consecutive day as crude oil prices remain in the $90 region. Gasoline prices continued their decline falling to $3.99 on Aug. 9 and Read more…
A relief from the rise in mortgage rates: The 30-year fixed mortgage averaged 4.99% last week. Finally, some good news on the housing front for buyers … well, sort of. Home inventories, as measured by Read more…
The weakest link in many fast-food chains’ offerings gets extra attention at the chicken-focused restaurant. If 2019 was the year of the fried chicken sandwich, 2022 may be the one in which fast-food chains’ mediocre Read more…
Norwegian Cruise reported disappointing earnings and is trading lower. If it breaks a particular level, new lows could be in store. The cruise stocks have had a rough run this year and the earnings reports Read more…
Nvidia provided negative news on Monday and Micron followed up with more on Tuesday. Here’s the trade. Yesterday it was Nvidia (NVDA) – Get NVIDIA Corporation Report and today it’s Micron (MU) – Get Micron Technology Read more…
Longtime Redditors may be excited about this new partnership. For all the evangelizing about crypto that’s gone on in the past few years, the recent state of the market has been more than shaky. Crypto Read more…
Retailing giant Walmart wants to ensure its customers can get what they’re looking for, however they want to buy it. Walmart has deep roots in brick-and-mortar retailing, but Chief Executive Doug McMillion has long understood Read more…
What will happen? This week several important macroeconomic reports will be presented. On Wednesday, the Bureau of Labor Statistics will publish the consumer price index (CPI), which accounts for most of the overall inflation. Moreover, Read more…
Ark Innovation ETF has fallen 49% this year. Asset manager Cathie Wood just added a bunch of shares of graphics-chip specialist Nvidia. Cathie Wood, chief executive of Ark Investment Management, bought and sold familiar stocks Read more…