Category Archives: Markets

Undervalued Stocks- Here are 9 of them in Top-Performing Sectors

First American News LLC, Raleigh, NC First Energy, tech, and real estate are leading the market. Here are some names with room to run in 2022. U.S. stocks are finishing the year posting strong gains, with energy, technology, and real estate stocks leading the way higher. For investors who expect these trends to continue, the […]

Reddit News: It is Official, Reddit is Going Public According to Spokesman

First American News LLC, Raleigh, NC: Reddit announced on Wednesday that it had confidentially filed paperwork for an eventual public offering of its stock, a significant step toward the public markets for the 16-year-old internet company. The company did not disclose the total number of shares to be offered nor did it state an initial […]

Rivian Stock Is Not Doing So Good; It Plummeted Following First Earnings Report. Something is Troubling Investors.

First American News, LLC- Raleigh, NC: Rivian Automotive stock fell after the electric-truck start-up reported its first quarterly earnings report as a public company. Earnings were inconsequential. Something else is bothering investors: They want more production from the fledgling company. Rivian (ticker: RIVN) stock was down about 9.4% in premarket trading Friday to $99.05. Shares […]

Tesla Stock News, NIO, and Other EV Stocks Have Ben Saved by the Fed

First American News LLC, Raleigh NC: Shares of electric-vehicle producers started out getting hammered Wednesday—that much was easy to see. Why the stocks dropped was harder to figure out. It seemed to be a combination of a few factors. But things turned around late in the day. Investors can thank one of the reasons stocks were down: The Fed. […]