Apple stock is making 52-week lows for a second session. Here are the levels to know right now. This is not too surprising, as the tech giant broke below a key support level earlier this month. And on Wednesday Apple shares fell 2.6%, touching 52-week lows for a second session. If the stock closes lower…
Many investors try to identify companies that they believe will be around for the long haul before making significant investments. They hope that, if the stock of any of these companies takes a nosedive, it will only be a matter of time before it rebounds. One way to identify a company with these characteristics is…
As 2022 nears a wrap, a trend is emerging that’s expected to gain traction next year — actively managed investment strategies — along with a custom strategy for people who like the idea of investing in a basket of companies, but want more control of what they invest in. Assets in direct indexing are expected…
Investors in Apple have had an un-Apple-like year, but at least one analyst thinks that will change in 2023. The tech giant’s stock has dropped 25% in 2022, lagging the S&P 500’s 19% drop. The decline comes despite Apple often being viewed as a safe-haven investment, as it boasts a formidable balance sheet flush with…
Will 2023 bring a new bull market? For investors, 2022 came in with a bang, but it’s set to end with a whimper. With just two weeks left to go in the year, the S&P 500 is down 20% year to date, while the Nasdaq has lost 32%. Investors holding out for a Santa Claus…
General Motors (GM) CEO Mary Barra has never been shy about her ambition to overtake Tesla’s (TSLA) sales in an aim to become the global electric vehicle (EV) leader. And with the advantage of having nearly 90% of the U.S. population within 10 miles of a GM dealership, a stat often cited by the company,…
Europe-based renewable energy investor Glennmont Partners plans to enter the U.S. renewables market for the first time via a joint venture with solar developer GreenGo Energy US to develop over 1 gigawatt of solar and storage projects. Glennmont and GreenGo Energy US, a subsidiary of GreenGo Energy Group, will develop both combined and stand-alone solar…
Gold prices fell on Monday as the U.S. dollar firmed ahead of key inflation data, with investors awaiting the Federal Reserve policy meeting for more clues about its rate-hike stance. Spot gold slipped 0.4% to $1,788.69 per ounce, as of 0714 GMT. U.S. gold futures were down 0.6% at $1,799.10. The dollar index rose 0.3%….
A joint venture between General Motors and South Korean battery company LG Energy Solution announced Friday that it will invest an additional $275 million to expand a Tennessee battery cell factory for electric vehicles. Officials with the companies had already pledged to spend $2.3 billion to build a battery plant in Spring Hill, Tennessee. The…