An artist’s rendering of a Momentus Vigoride transfer vehicle deploying a satellite in orbit. Momentus Shares of Stable Road Acquisition Corp. fell in trading on Monday after the firm disclosed in a securities filing that its merger target, in-space transportation company Momentus, no longer plans to conduct any missions for customers this year. “Momentus informed
In this article BA GE ABNB F DLTR DG The Ford company logo is displayed on a sign outside of the Chicago Assembly Plant on February 03, 2021 in Chicago, Illinois. Scott Olson | Getty Images Check out the companies making headlines in midday trading. Ford — The auto stock jumped 7.4% following an 8%
If the name Caroline D’Amore sounds familiar, it’s because you may have heard of her family’s pizza restaurant D’Amores, which has been a Los Angeles staple for years. She’s also acted in films, modeled, and even toured around the world with Paris Hilton as a DJ. But 2021 might just be her year. In addition to being the
No-Mad | iStock | Getty Images More than 11 million Americans are behind on their rent and many could be pushed from their homes when the national eviction ban expires in June. The Centers for Disease Control and Prevention’s eviction moratorium, which has been in effect since September, will lift on June 30. Although the
Municipals were a touch firmer Friday with a few stronger high-grade prints clearing at levels to move triple-A benchmarks a basis point better while U.S. Treasuries were also a basis point or two lower ahead of what will be a low-issuance week to start the summer. All triple-A benchmark 10-year yields are now below 1%,
Despite the failure this week of the NASDAQ Composite Index to make it to new highs, these 5 NASDAQ listed stocks all showed real strength by taking out previous peaks in price and establishing fresh multi-year highs: Points International is an internet information provider based in Canada. The stock hasn’t been this high since 2015.
An employee preps a John Deere & Co. excavator for sale at Martin Equipment in Rock Island, Illinois. Daniel Acker | Bloomberg | Getty Images With May coming to a close, Wall Street analysts are fine tuning their recommendations as COVID-19 vaccinations pave the way for further economic re-opening this summer. We used TipRanks
Take a look at some of the biggest movers in the premarket: AMC Entertainment (AMC) – The movie theater operator’s shares jumped another 15.4% in premarket trading, following four straight days of gains and a nearly 36% surge in Thursday’s session alone. AMC – popular among the so-called “meme” stocks – has more than doubled
One of San Diego’s most celebrated resorts, the Town and Country recently debuted a multi-million dollar makeover guaranteed to attract guests and breathe new life into the area for a (semi) post-Covid world. The hotel’s historic complex is in the Mission Hills neighborhood, which is located between San Diego International Airport and the downtown Gaslamp
People wait to visit a house for sale in Garden City, Nassau County, New York, on Sept. 6, 2020. Xinhua News Agency | Getty Images Mortgage interest rates are near historic lows. Yet if you want to take advantage of those rates, check your credit score first. That three-digit number determines whether you can get
San Diego’s regional transportation planning agency introduced a $160 billion draft regional plan that hinges on high-density housing development along transit lines. The 30-year plan drafted by the 21-member board of the San Diego Association of Governments has the support of environmental and labor groups though it faces opposition from some Republicans and anti-tax groups.
History shows investors will stick with their mutual fund and Exchange Traded Fund holdings in the next downturn, Investment Company Institute Chair Ted Truscott asserted today. It’s a myth these investors are prone to panic when the markets go against them force and force funds to dump securities onto the market at fire-sale prices, Truscott
VSS Unity floats in microgravity at the edge of space during its third spaceflight on May 22, 2021. Virgin Galactic Ark Invest’s space exploration ETF sold its last remaining shares of Virgin Galactic on Tuesday, as the firm completed its move away from one of the few publicly traded pure-play space stocks. Cathie Wood’s firm
Check out the companies making headlines in midday trading. AMC Entertainment — Shares of AMC Entertainment are in a middle of a roller-coaster session Friday as they turned 5% lower after rallying as much as 38%. By midday, over 360 million shares have already been traded, more than tripling its 30-day average. Shares have already
After four years of planning meetings, including over 100 community sessions, the multi-purpose campus for Google received unanimous approval this week from the San Jose City Council. The 80-acre site will bring 4,000 residential units plus 7.3 million square feet of office space. The office buildings are to provide space for an estimated 20,000 workers.
Eddie Valdivia and his wife Vanessa pose in front of their first house, which they purchased in October 2020 with the help of a VA loan. Eddie Valdivia, 34 and his wife, Vanessa, 36, workers at the Red Cross, bought their first house last October, right in the middle of the pandemic. It’s a three-bedroom,
The Biden administration is proposing the authorization of $50 billion in direct-pay qualified School Infrastructure Bonds and doubling the limit on tax-exempt private activity bonds for transportation infrastructure to $30 billion. The Treasury’s so-called Green Book of proposed changes to tax law released Friday also calls for an enhancement of the Low-Income Housing Tax Credit
A butcher stocks a display case with packages of steaks at a Costco store on May 24, 2021 in Novato, California. Justin Sullivan | Getty Images Don’t tell Costco executives that inflation is low. The big-box club chain said it’s been seeing accelerating prices across a range of products, including shipping containers, aluminum foil and
In this article MORN Trevor Williams Thematic tech investing is exploding in popularity. Everyone wants to invest in funds that own clean energy, cybersecurity, electric vehicles, e-sports, robotics, 3D printing, and cloud computing. But watch out, Morningstar warns: The majority of these funds do not outperform the markets, have high fees, high failure rates, and
A trader works on the floor of the New York Stock Exchange. NYSE May’s employment report is the big event in the week ahead, as stocks enter the often weak month of June. Stocks are finishing May with a mixed performance. Big cap indexes like the S&P 500 and Dow notched slight gains, while the
Everything is coming up roses (and peonies) for Courtney Sixx, who is the founder of Bouquet Box. This innovative subscription box is the perfect gift for anyone with an equal appreciation for flowers and DIY projects. Launched in February 2021, Bouquet Box was co-created with famed floral design house Mark’s Garden. It’s a truly innovative product that’s the
Sharebite CEO and cofounder Dilip Rao and co-founder Mohsin Memon Source: Sharebite There’s no such thing as a free lunch – except when big companies want to get their employees back to the office during a pandemic. Employers including banks and asset managers, technology companies and law firms are ramping up back-to-work plans as more
There’s so much spare cash sloshing around U.S. funding markets that investors are choosing to park almost half a trillion dollars at the central bank — earning absolutely nothing. Usage of the Federal Reserve’s reverse repo facility — a mechanism that’s part of the central bank’s arsenal for helping to steer short-term interest rates —
In this article PXD SPCX Noah Kerner, CEO of Acorns. Adam Jeffery | CNBC Savings and investing app Acorns plans to go public by merging with a blank-check company. The fintech start-up announced a deal Thursday to combine with Pioneer Merger Corp., a publicly traded special purpose acquisition company, or SPAC. The merger values Acorns
In this article HPQ DELL ULTA CRM Signage on a Saleforce office building in San Francisco, California, U.S., on Tuesday, Feb. 23, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines after the bell: Salesforce — Salesforce shares jumped 5% in extended trading after the cloud-based software company posted
Charleston, S.C.—Located on one of Charleston’s barrier islands, the new luxury community Kiawah River reported an unprecedented sales record in the first quarter of 2021, surpassing its overall sales total for the previous year. As full-time remote work becomes a possibility for more U.S. workers, this somewhat remote Lowcountry agrihood is attracting buyers from across
Dallas Federal Reserve President Robert Kaplan cited potential excesses in the housing market and other inflation signs as an indication that the central bank should start slowly pulling back on its asset purchase program. With the Fed still buying at least $120 billion in bonds each month, a total that includes $40 billion in mortgage-backed
Utah Infrastructure Agency, a pioneer in financing public broadband, will connect its 16th city to an open fiber network known as Utopia. UIA expects to price $17.1 million of tax-exempt revenue bonds Wednesday through negotiation with Key Banc Capital Markets. Roger Timmerman, executive director of Utah Telecommunication Open Infrastructure Agency (UTOPIA), sister agency of UIA,
That’s “big dividends” in the relative sense. With the U.S. 10-year Treasury rate at 2.7%, then stocks paying more than a 4% dividend yield are of interest. An equity has more risk intrinsically than a government bond — if you’re willing to accept that, then you may find the higher yield a more attractive choice.
In this article BA LMT GM An artist’s concept shows an outline of the lunar vehicle design. Lockheed Martin | General Motors Lockheed Martin and General Motors are partnering to develop a new type of lunar vehicle for NASA to use during its upcoming Artemis missions to the moon, the companies announced on Wednesday. “Surface