Warren Buffett, known as the “Oracle of Omaha,” is one of the most successful investors in the world. He has built his fortune through savvy investments in various industries, and his approach to investing has been emulated by many. Buffett is known for his long-term approach to investing, seeking out companies with substantial competitive advantages
The headlines about the failures of two banks — Silvergate (NASDAQ:SI) and SVB Financial (NASDAQ:SVB) – understandably have scared some investors. But these two financial institutions were relatively small. Moreover, Silvergate got into trouble primarily because it focused on the doomed crypto sector. At the same time, SVB made very poor investment decisions, took on too much debt, and was
With March Madness just days away, it’s time to look at some of the potential slam dunks. In 2022, investors bet on gambling stocks because 45 million Americans were expected to wager $3.1 billion on the tournament. In addition, about 21 million Americans were expected to bet on the tournament outside of bracket contests, according to
Can Luxembourg-based electric vehicle (EV) manufacturer Arrival (NASDAQ:ARVL) deliver value to its shareholders in 2023? The company certainly has an intriguing business concept. However, ARVL stock is likely to lose value as Arrival’s workforce shrinks along with the company’s capital position. Investors already learned in late January that Arrival is slashing its global workforce by around
Many investors believe in the clean energy movement. Does this mean they should bet their hard-earned capital on electric vehicle (EV) manufacturer Lucid Group (NASDAQ:LCID)? Not necessarily, as Lucid isn’t likely to sell many vehicles in 2023. Consequently, LCID stock just doesn’t offer a favorable risk-to-reward profile. Like other EV makers, Lucid Group has to compete
In this article SCHW Follow your favorite stocksCREATE FREE ACCOUNT Ron Baron, founder of Baron Capital Anjali Sundaram | CNBC Longtime investor Ron Baron said he bought the dip in Charles Schwab during Monday’s double-digit sell-off, CNBC’s Becky Quick reported. The 79-year-old investor said he “modestly increased” his position in the financial name, seeing Monday’s
In this article FRC UBER DASH BZFD HON UAL Follow your favorite stocksCREATE FREE ACCOUNT A traveler walks toward the Uber rideshare vehicle pickup area at Los Angeles International Airport (LAX) on February 8, 2023 in Los Angeles, California. Mario Tama | Getty Images Check out the companies making headlines before the bell: First Republic
Polestar Automotive (NASDAQ:PSNY) is yet another early-stage electric vehicle company whose shares have plummeted. PSNY stock is currently in penny stock territory, changing hands for around $4.25 per share. That’s considerably below the $10 per share at which Polestar’s special purpose acquisition company (or SPAC) predecessor, Gores Guggenheim, debuted. PSNY’s current share price is also
Last year was challenging for all stocks, but high inflation, rising interest rates, and concerns about slowing economic growth hammered growth stocks in particular. For growth plays in 2023, however, it’s been more of a mixed bag. Starting off the year strongly, the latest wave of macro-related concerns has again placed pressure on shares in
Look at a stock chart for Lordstown Motors (NASDAQ:RIDE), and it is clear investors have already sent RIDE stock to the market junkyard. However, with its super-low stock price, I can understand why some may have the urge to go contrarian on this floundering electric vehicle maker. After all, it’s already at the bottom of
Although the interest is high in the artificial intelligence sector, there still are plenty of AI stocks to sell before they tank further. After stock markets fell last year, speculators tried to jumpstart 2023 with the hype around AI. Markets understand only half of the prospects in this emerging technology. AI will disrupt industries and
It’s not exactly easy for investors out there right now. For starters, there’s the current market turmoil surrounding the collapse of a number of regional banks. As if we needed that on top of the uncertainty over the direction of the broader economy and Federal Reserve interest rate policy. The recent volatility makes good stock
If you’re looking for bank stocks to buy, I can safely say that you can cross SIVB Financial Group (NASDAQ:SIVB) off your list. On Friday, March 10, the California Department of Financial Protection and Innovation appointed the Federal Deposit Insurance Corporation as the receiver. As a result, the FDIC closed Silicon Valley Bank’s branches and
Shoppers look at items displayed at a grocery store in Washington, D.C., on Feb. 15, 2023. Stefani Reynolds | AFP | Getty Images Consumer inflation may have cooled off a little in February, but economists expect it is still running at a high pace. The consumer price index, expected Tuesday morning, is forecast to show
As investors try to digest the failure of two banks, related stocks are tumbling. The Nasdaq Bank Index is down more than 20% from its Feb. high due to its exposure to the now-delisted SIVB stock. Meanwhile, startups and growth names are also starting to feel the pressure, as nearly half of all U.S. tech startups have exposure to
Although it’s no guarantee that the Federal Reserve will raise benchmark interest rates, it may be an inevitability, thus sparking interest in stocks to buy for rising interest rates. Early last week, Fed Chair Jerome Powell left open the door for higher and quicker rate hikes. Essentially, economic data came in hotter than anticipated, leading
While governments typically aim for a robust jobs market, too hot of a labor force could yield significant risks, thus forcing changes for stocks to buy. Indeed, American investors may want to consider adjusting their strategies to accommodate future changes in the economy. On paper, circumstances appear quite swell. According to CNN, the U.S. economy
With the massive sell-off in the crypto market, the best blockchain stocks to buy are now on sale. These stocks play a critical role in the proliferation of blockchain, a technology that will continue to be strong. According to the research firm, MarketsandMarkets, the blockchain industry could grow by a whopping 66.2% to reach $94
In this article KEY FRC UAL GTLB Follow your favorite stocksCREATE FREE ACCOUNT GitLab Sopa Images | Lightrocket | Getty Images Check out the companies making headlines after hours. Gitlab — Shares tumbled 36% after Gitlab issued a softer-than-expected outlook. It posted fiscal-year 2024 revenue guidance of $529 million to $533 million in 2023, compared
Faced with significant headwinds, investors may want to target certain stocks to avoid to prevent catastrophic loss. Primarily, the media focused on the implosion of SVB Financial (NASDAQ:SIVB), with regulators appointing the Federal Deposit Insurance Corporation (FDIC) as receiver, which will then dispose of the beleaguered firm’s assets. However, SVB Financial may be a canary