Month: August 2021

Chinese electric vehicle (EV) company NIO (NYSE: NIO) is a new player in the auto market. The company was founded in 2014 and has made quite a bit of noise in the EV market. NIO does not manufacture its own vehicles; instead, it partners with a state-owned auto manufacturer.
There are plenty of reasons to be excited about NIO stock. The company behind it makes electric vehicles, and countries around the world are rallying in support of EVs. The European Union wants to have at least 30 million electric vehicles on its roads by 2030. And more recently, the Biden administration …read more […]

When referring to “the stock market,” most news media are talking about a composite index. Often, that index is the Dow Jones Industrial Average (DJIA). Also called “the Dow 30” or simply “the Dow,” it’s the most common indicator of stock market performance. The Dow is an average of 30 actively traded blue chip stocks and is used to analyze the health of the overall market.
While it’s not the only index used to quantify broad market performance, the Dow is among the most trusted. It represents companies at the very heart of the American economy and tells the tale of …read more […]

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There are a lot of cryptos out there. With more than 7,000 different tokens available for trading, it shouldn’t surprise anyone that a whole lot of them are nothing but scam coins. And even some of the ones that are trying to serve a purpose will never make it beyond a few nodes… Only to disappear back into the ether from whence they came.

However, when it comes to our list of the top 10 cryptocurrencies available, well they aren’t going anywhere. They’ve either proved themselves too important to the future of decentralized finance (DeFi), power a blockchain that has proven …read more […]

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Junk Bonds have the potential to produce substantial profits if the issuing company improves over time. So, what are junk bonds? And are they good investments to make? Let’s take a closer look below.

What are Junk Bonds Exactly?
Bonds are fixed-income debt instruments that corporations and governments issue to investors to raise capital. In general, the investor is effectively loaning money to the issuer. And as a result, the issuer promises to repay the money on a specific date. This date is known as the maturity date. Many bonds also offer interest payments along the way which investors call coupons.
However, what …read more […]

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