Through the Democratic budget bill that was recently signed into law, the U.S. government has adopted an aggressive, pro-growth policy that’s designed to fight climate change. Support for the electric vehicle (EV) sector is central to the legislation, which is known as the Inflation Reduction Act (IRA). The bill includes $369 billion of provisions related
admin
Source: AlexKaplun / Shutterstock [Editor’s note: “The Forever Battery That Promises to Change the EV Industry” was previously published in December 2021. It has since been updated to include the most relevant information available.] The EV Revolution is in full-swing right now. Tesla (TSLA) has a market cap near 885 billion and opened its Texas gigafactory in
Source: Lightspring / Shutterstock There’s always a bull market somewhere. And indeed, there’s one happening right now. Yes, it’s just days after the Fed promised the U.S. economy would experience “pain” and the Dow dropped 1,000 points. Even amid that, there were still bull markets out there. On Friday, when the Dow plummeted, 1,296 U.S.
During March 2020, the U.S. Department of Education extended an array of relief measures aimed at helping borrowers with federal student loans get through the COVID-19 pandemic. The temporary deferment period applied to eligible federal student loans and included the following: A suspension of payments A fixed 0% interest rate A temporary halt to collections
Plug Power (NASDAQ:PLUG) stock grabbed headlines when it disclosed a major hydrogen supply deal with e-commerce giant Amazon (NASDAQ:AMZN). The company also stands to benefit from the passage of the Inflation Reduction Act. Consequently, it makes sense for investors to consider a moderately sized position in PLUG stock. In the world of publicly traded businesses, few
[embedded content] Recently, cyber stocks have been soaring. A leader in the space, Palo Alto Networks (PANW) just reported impeccable earnings. And the whole sector has seen a boost because of it. Right now, we’re in a period of time when it’s supposed to be tough for businesses to grow. But it seems cyber hasn’t
[embedded content] Student loan refinancing is where SoFi (SOFI) first cut its teeth in the finance industry. Since, it has greatly expanded its horizons, pushing into investing, crypto, checking and savings, credit cards and loan programs. And indeed, that’s why we love the stock so much for the long term. But at the end of
[embedded content] Though there are pockets of strength in the digital advertising world, it’s broadly down. And the biggest weakness has been in social advertising. Think Snap (SNAP), Pinterest (PINS), Twitter (TWTR). But recent regulatory scrutiny of TikTok should provide tailwinds for those companies, Snap in particular. Indeed, TikTok has really taken over. It’s the
The U.S. labor market will be in the spotlight this week, as upcoming reports could provide insights into how the Federal Reserve’s agenda of rate hikes to address inflation is impacting the job market. On Tuesday, the Bureau of Labor Statistics (BLS) is set to release its monthly Job Openings and Labor Turnover Survey (JOLTS) report tracking hires, quits,
In this article WMT PDD NFLX CTLT MRNA ETSY Check out the companies making headlines before the bell: Catalent (CTLT) – The drug delivery and manufacturing technology company beat bottom line estimates for its latest quarter. However, its revenue was short of Wall Street forecasts, as was its full-year revenue outlook. Its stock slid 5.7%
Love them or hate them, meme stocks endure. What started out as a fad on Wall Street in early 2021 continues today. It increasingly is common for a number of familiar stocks to be targeted by retail investors and their share prices pushed higher in coordinated short squeezes. The stocks inevitably fall, but it is
Safe growth stocks with dividends are appealing because of their stability and predictability. Buying them will keep investors largely protected from volatility while also providing them with income and a good chance of realizing significant capital gains. JPMorgan (NYSE:JPM) CEO Jamie Dimon uses a weather forecast as an apt metaphor for the economy’s outlook. I’ll adopt
A-rated growth stocks are a great way to help ensure a profitable tomorrow, and everyone wants a profitable tomorrow. That’s one of the reasons why we invest – to build a nest egg to pay for our retirements, and to pass along wealth to our loved ones. Finding and buying A-rated growth stocks is one of
Fuel cell energy stocks have been in the news for a recently announced tax credit low carbon hydrogen by the U.S. government. The new tax credit is part of the Inflation Reduction Act (IRA) and could become a major needle-mover for the sector. Fuel cells use energy from hydrogen and other clean fuels to generate
When most people hear the term financial services sector, the first thing they’re likely to think of is the hustle and bustle of Wall Street. However, there’s more to the industry than just stock trading and investment services. In fact, the financial services sector includes a broad array of different types of financial services companies.
A restricted stock unit (RSU) is a form of stock-based compensation used to reward employees. Restricted stock units will vest at some point in the future and, unlike stock options, will have some value upon vesting unless the underlying company stock becomes worthless. RSUs can be an important part of your clients’ compensation packages. They can
Certificates of deposit (CDs), whether purchased online or at a brick-and-mortar bank, are perfectly safe places to stash your cash as long as you follow these rules: Make sure the money in your CD is federally insured against losses by either the Federal Deposit Insurance Corp. (FDIC) if it’s a bank or by the National
While stuffing cash under a mattress may seem like the easiest solution, your local bank or credit union offers better and safer options. Either a traditional savings account or a certificate of deposit (CD) would earn some interest. At nearly all U.S. banks and credit unions, your money in either a CD or a savings
Certificates of deposit (CDs) are widely available and easy to buy. You can open a CD online in a matter of minutes or in person at almost any bank or at your credit union. However, there are a number of things to consider before you commit. Key Takeaways Opening a certificate of deposit (CD) with
If you borrowed money to pay for school, your first question might be how best to pay off your student loans. The short answer is that there’s no magic bullet, but there are definitely things you can do to make paying back education debt easier. Student loan debt reached an all-time high of $1.61 trillion