Federal Reserve Board Chairman Jerome Powell holds a news conference following the announcement that the Federal Reserve raised interest rates by half a percentage point, at the Federal Reserve Building in Washington, U.S., December 14, 2022.  Evelyn Hockstein | Reuters The Federal Reserve is expected to raise interest rates by just a quarter point but
In this article SI Follow your favorite stocksCREATE FREE ACCOUNT Cryptocurrencies have been under immense pressure after the collapse of a so-called stablecoin called terraUSD. Umit Turhan Coskun | Nurphoto via Getty Images Silvergate Capital jumped on Tuesday afternoon after BlackRock reported a 7% stake in the crypto bank.  Shares of Silvergate rose 9.96% after
Healthcare stocks performed well in 2022, driven by a number of factors. One of the main drivers was the ongoing COVID-19 pandemic, which continued to boost demand for healthcare products and services. That substantial success last year is leading investors to search for healthcare stocks that will be big winners in 2023. The pandemic drove significant
Since the start of the year, shares in China-based electric vehicle maker Nio (NYSE:NIO) have surged by more than 30%. NIO stock tumbled during 2022, due to both souring sentiment for EV stocks and concerns about the impact of China’s Covid-19 lockdown policies on its near-term operating performance. But now, with China ending its lockdowns
Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) is expected to disclose its fourth-quarter 2022 financial results after the market closes on Feb. 2. As that date approaches, many investors are feeling anxious about GOOG stock. Yet, bona fide contrarians should use that anxiety to their advantage, as fear and muted expectations could lead to a positive surprise. The same FAANG
Oregon-based electric vehicle (EV) manufacturer Arcimoto (NASDAQ:FUV) certainly isn’t a darling of the market now. Yet, Arcimoto’s interim CEO is confident that the company can deliver strong results this year. Additionally, a fresh capital raise should convince FUV stock traders that Arcimoto is on a path to prosperity in 2023. First things first. Don’t invest in
In this article IP XOM GM CAT Follow your favorite stocksCREATE FREE ACCOUNT Nathan Stirk | Getty Images News | Getty Images Check out the companies making headlines before the bell. McDonald’s — Shares dipped more than 1% after McDonald’s reported its latest quarterly results. The fast food giant topped earnings and revenue estimates, saying