Rivian, the much-hyped EV maker touted as a “Tesla Killer ” by some, went public today (Wednesday, November 10) opening at $106, well above its pricing of $78, making the IPO a massive success so far. The company primarily makes electric light trucks; a pickup truck (R1T) starting at $67,500 and an SUV (R1S) […]
If you’re looking to day trade and trying to find a broker that can help you meet your needs, it is advisable to have a thorough look at the best options – and that is what we’re going to discuss in this post. To help you choose an online broker that works best for […]
Last week, Facebook (NASDAQ: FB) announced that it was reorganizing and changing the name of its company. On the surface, this is a puzzling move. Why would the social media giant embrace a new, unknown name instead of Facebook, a brand with remarkable presence and awareness? Some companies have done just the opposite. For […]
Updated: 11/5/2023 In October of 2008, shares of Volkswagen more than quadrupled in two days, briefly making the German automaker the most valuable company in the world. This has now been recorded as one of the largest short squeezes in modern trading history. It has been reported that hedge funds that held short positions lost […]
There are thousands of cryptocurrencies that you can publicly trade today, as others continue to get into the market. Most of these cryptocurrencies don’t have much trading volume and aren’t well known. Bitcoin (BTC) is the original cryptocurrency. As the first digital coin, bitcoin is also the world’s most popular and valued cryptocurrency in terms of market cap. Other widely […]
The Phillips Curve has come back into the spot light. U.S. inflation level is running high this year, with several major consumer price barometers soaring faster than they have in years. Every major official measurement of inflation has surged in 2021, particularly the consumer price index (CPI). According to recent data released by the […]
If you’re a beginner day trader and aren’t sure where to do your research, there’s no need to worry. Over 20 million forms with indispensable information from companies, brokerages, and individual brokers are available for free on the U.S. Securities and Exchanges Commission (SEC) website. You can find information on initial public offerings (IPOs), bankruptcies, mergers, […]
The uranium market has made legendary price moves throughout August and September 2021 after spending several years as a forgotten commodity, dormant in a bear market. Uranium producers suffer from a problem familiar to commodity producers in secular bear markets: their cost of production is above the spot price of the commodity. They find […]
By now, most active traders are well aware of a Chinese real estate company called Evergrande. Everyone in the financial media is panicking about the company’s danger to the global financial system, with the company earning the moniker “the Chinese Lehman,” as a reference to devastating effects investment bank Lehman Brothers’ collapse had on […]
The stock market is a continuous, two-way auction process. If you want to sell, you can ask for any price you want, and the transaction will occur when a buyer is willing to pay your asking price. If you want to sell instantly, you have to accept whichever is the highest price that a […]
