Golden Financier – Page 24 – Investing and Stock News

Economy

US inflation climbs to 4.2% in May as energy costs drive price growth

Inflation in the United States accelerated in May, largely driven by rising energy prices, while underlying price pressures remained relatively contained, according to data released by the US Bureau of…

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Stock

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…

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Stock

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…

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Stock

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…

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Stock

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…

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Stock

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…

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Investing

Here’s why Cardano price has crashed and erased $84 billion in value

Cardano (ADA) price has crashed deeper than other altcoins this year, and is now hovering near its all-time low. It was trading at $0.1660 on Tuesday, down sharply from the…

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Investing

Intuit stock is the worst performer in the Nasdaq 100 Index this year: buy the dip?

Intuit stock price has crashed this year and is now hovering at its lowest level since September 2020. INTU has plunged 62% from its July last year high, making it…

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Investing

Rocket Lab stock has crashed into a local bear market: will RKLB rebound?

Rocket Lab (NASDAQ: RKLB) stock has slipped into a local bear market after falling by 25% from its highest point this year. It was trading at $113.65, with its market…

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Investing

Here’s why the S&P 500 Index, SPYM, SPY, and VOO ETFs may drop 5.4% soon

The S&P 500 Index has pulled back in the past few days, moving from the year-to-date high of $7,618 to $7,400. This retreat has happened amid profit-taking among investors and…

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