Stock Market

It looks like financial traders are still deciding what to do with Toyota Motor (NYSE:TM) stock today. They’re mulling over an announcement that Toyota’s chief executive, Akio Toyoda, is stepping down. The billion-dollar question is about how this might change Toyota as a company going forward. Toyoda is the grandson of Toyota’s founder, and he’s

Today, few are holding out on Lucid Group (NASDAQ:LCID) as a possible Tesla (NASDAQ:TSLA) in the making. As you may recall, the SPAC predecessor to LCID stock hit prices nearing $65 per share around two years ago, on expectations that this EV startup was going to be the ultimate Tesla killer. Since then, changing economic

On Tuesday, shares of Grom Social (NASDAQ:GROM) spiked 60% on a short squeeze. According to data from Fintel, short share availability dropped from 80,000 to 0 within several hours. At first glance, Grom Social’s rise looks much like a run-of-the-mill meme pump. The company had around 58% of its free float sold short at the

On Friday, Italian e-scooter firm Helbiz (NASDAQ:HLBZ) joined Genius Group (NYSEMKT:GNS) in cracking down on short sellers. “The recent underperformance of our shares compared to the market is a clear indication of the illegal short selling activities that have taken place,” said CEO Salvatore Palella in his strongly worded press release. “We will not tolerate

The dust seems to be settling when it comes to Rivian Automotive (NASDAQ:RIVN). Thus far in 2023, RIVN stock has moved down just 2%. In the eyes of investors, the worst may appear to be priced in. As you may recall, RIVN collapsed in price during 2022, as investors responded to high inflation, rising interest

Did a rough 2022 make you afraid to invest in China-based electric vehicle (EV) manufacturer Nio (NYSE:NIO)? Don’t be fearful, as NIO stock could turn a corner this year. As we’ll discover, Nio is making smart and bold moves — not only with the company’s vehicles but also in EV battery technology and beyond. Last year

After a rough 2022, smart investors know when to make the most of an opportunity. Look no further than beaten-down fintech companies, for example. At the moment, there’s a growing need for contactless payment solutions. Plus, there’s rising demand for “Buy Now Pay Later” services. Leading BNPL provider Affirm Holdings (NASDAQ:AFRM), for example, is in focus

Could China-based electric vehicle (EV) manufacturer Kandi Technologies (NASDAQ:KNDI) be a hidden gem in your portfolio for the next three years? It’s worth considering, as KNDI stock is low now and has been much higher. Besides, Kandi is staking a claim in a niche EV market while also improving its bottom line. Kandi Technologies isn’t

SoFi Technologies (NASDAQ:SOFI), like other speculative growth stocks, has rallied thanks to the latest signs that inflation is easing. In recent trading days, SOFI stock has climbed back out of “penny stock territory,” (under $5 per share). Shares could also continue to inch higher over the next two weeks or so, ahead of the fintech

Countless firms across America have begun to fire workers after two years of generally robust labor force growth. Firms had largely been reluctant to fire workers despite weaker-than-expected economic momentum in the first half of 2022 due to the difficulty of finding qualified workers, as the pandemic led to a decline in the labor force.

Eventually, there may be compelling reasons to bet your hard-earned capital on solid-state lithium-metal battery manufacturer QuantumScape (NYSE:QS). Right now, however, QS stock gets a “D” rating due to the risks involved. The short squeeze potential shouldn’t appeal to sensible long-term investors. Besides, QuantumScape’s financial profile might improve someday, but it’s not particularly impressive right now.

What will 2023 look like for California-headquartered neo-banking firm SoFi Technologies (NASDAQ:SOFI)? If you’re counting on a rapid recovery for SoFi Technologies, don’t hold your breath. SOFI stock is a buy but only for a tiny position as lower prices are probably on the horizon. Therefore, it’s wise to wait patiently and refrain from investing

Without a doubt, 2022 was a tough year for Amazon (NASDAQ:AMZN) stock. Will this year be any better? It’s hard to be bullish about Amazon now, given the company’s vulnerability to a shaky macroeconomic environment. Before you assume that there’s a prime dip-buying opportunity here, take note of Amazon’s problems and challenges. Then, you’ll probably want to

If any company could be considered the poster child of the Big Tech wreck of 2022, it’s Meta Platforms (NASDAQ:META). The carnage of META stock was considerable, though some investors may choose to stand by CEO Mark Zuckerberg’s metaverse-centered vision for the company. All things considered, however, it’s wise to stay out of the trade

The S&P 500 was trading up against resistance, as was the Nasdaq. But because it had resolved higher out of a multi-week consolidation window, bulls were feeling good about their prospects. It also has them looking at the hot stocks for tomorrow to see if they can find an edge. Unfortunately, neither index was able

Microsoft (NASDAQ:MSFT) is implementing a big round of layoffs. This is, apparently, supposed to be a sign of Microsoft showing fiscal discipline. At the same time, the company is in talks to spend $10 billion on an an artificial intelligence chatbot. These developments should be a cause for concern among MSFT stock traders. Microsoft is facing

The stock market has been enjoying a nice winning streak lately, as it continues to scratch and claw its way higher. Amid this tough market though, it’s got investors wondering what the hot stocks for tomorrow will be. Some days it’s an economic report. On other days, it’s an earnings result or investor meeting. For

Microsoft’s (NASDAQ:MSFT) potential investment in an artificial intelligence (AI) chatbot is a hot topic on Wall Street now. Yet, MSFT stock traders should consider the implications carefully before pressing the “buy” button. There’s also earnings season coming up, and it’s not a sure bet that Microsoft will hit a home run this time. During the days

Stocks of electric vehicle (EV) makers were battered in 2022. Chip shortages, supply chain bottlenecks, Covid-19-led disruptions in China and macro headwinds took a toll on the industry. Yet, the long-term prospects for EV companies remain attractive due to growing consumer interest, favorable regulation and tax credits to boost EV adoption. Strategic research provider BloombergNEF

Now more than ever, it seems like investors are glued to the financial news. Not just because it’s interesting, but because we’ve been in a tough bear market for the past 12 months. It’s got investors wondering what’s happening today and what are the hot stocks for tomorrow. With earnings season underway, focus on the