Economy

Economy
Economy

SCHD stock: Why it is a good time to buy this dividend ETF

The Schwab US Dividend Equity (SCHD) ETF has held steady in the past few days, even as the broader stock market has remained on edge, with the S&P 500 and Nasdaq 100 indices being in a freefall. SCHD was trading at $32.30, a few points below the year-to-date high. Here are some of the top

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Economy

Dow falls 334 points as chip selloff, Iran tensions hit stocks

US stocks moved lower on Wednesday as investors grappled with renewed geopolitical tensions in the Middle East, continued weakness in semiconductor stocks, and concerns that inflation could keep the Federal Reserve on a cautious path. The Dow Jones Industrial Average was down by 334 points. The S&P 500 index fell about 0.57%, while the Nasdaq

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Economy

Travala launches AI travel protocol for autonomous bookings

Travala, a crypto-native travel booking platform, has launched what it describes as the world’s first agentic AI travel protocol. The protocol enables autonomous AI agents to search, book, and pay for more than 2.2 million hotels, including properties from major chains such as Marriott Hotels, Hilton Hotels & Resorts, and IHG Hotels & Resorts, with

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Economy

Plug Power stock just suffered a harsh reversal: buy the dip or sell the rip?

Plug Power stock has slumped sharply in the past few days, moving from a high of $4.33 on June 2nd to the current $2.91. It has slumped to its lowest point since April 20th, with the market capitalization falling from over $5.7 billion to $4 billion today. So, will this hydrogen giant rebound or fall

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Economy

Cracker Barrel stock soars 30% as earnings beat sparks short squeeze

Cracker Barrel Old Country Store CBRL shares surged on Wednesday after the restaurant chain reported better-than-expected fiscal third-quarter results and raised its full-year outlook. The strong report prompted analysts to increase price targets and helped fuel a sharp short squeeze in the stock. The stock climbed as much as 30% during morning trading. The rally

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Economy

Tesla stock slips another 1.5% today: what’s behind the recent decline?

Tesla stock (TSLA) moved lower in early trading on Wednesday as renewed tensions in the Middle East weighed on broader market sentiment and pushed oil prices higher. Shares of the electric-vehicle maker fell 1.5% to $390.91 in early trading. The stock plunged around 3% on Tuesday. The decline came as US equities weakened after President

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Economy

Why is HOOD stock surging today?

Robinhood shares climbed nearly 7% on Wednesday. Investor confidence in the online brokerage’s growth prospects was boosted by a combination of strong operating metrics, bullish analyst commentary, and a strategic expansion into investment banking. The stock was lifted by fresh price-target increases from both Goldman Sachs and Cantor Fitzgerald, as Wall Street pointed to accelerating

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Economy

Commodity wrap: Gold hits lowest level since March 23; oil rebounds

Gold prices continued to slump on Wednesday as a fresh escalation in tensions in the Middle East dampened sentiments in the market.  Oil rebounded from sharp losses on Tuesday as prices jumped more than 2% after both the US and Iran traded military strikes overnight.  Meanwhile, both copper and aluminium contracts on the London Metal

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Economy

Chewy stock sinks on Q1 earnings, creating opportunity for long-term investors

Chewy Inc (CHWY) opened in the “red” this morning after coming in shy of EPS estimates for its fiscal Q1 and offering guidance that signals continued weakness in the current quarter. Investors are bailing on CHWY mostly because the financial release reinforces CEO Sumit Singh’s recent comment that the US consumer is more “stretched” than

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Economy

Will VVV resume its rally amid easing demand? Check forecast

Venice (VVV) is trading near $16 on Tuesday, struggling to extend a remarkable six-month rally that saw the privacy-focused AI token gain roughly 1,500%. The coin is down 10% in the last 24 hours and could extend its decline if the market conditions fail to improve.  Recent on-chain metrics indicate that buying momentum is fading,

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