Month: October 2021

Apple Inc. shares fell slightly Tuesday after a report indicated the smartphone giant is poised to cut iPhone production orders due to component shortages, but one analyst views supply-chain pressures as a buying opportunity. Morgan Stanley’s Katy Huberty sees several reasons why investors should “buy the dip” amid global supply woes, even after Bloomberg reported
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The shrinking U.S. workforce during the Covid pandemic is “going to cripple” the economic recovery, billionaire investor and businessman Barry Sternlicht warned Wednesday. The founder of Starwood Capital Group, which operates hotels as part of its broader portfolio, said the federal government should pay people go back to work, not to stay home. “The whole
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The National Bureau of Economic Research (NBER) defines a recession as “a significant decline in activity spread across the economy, lasting more than a few months, visible in industrial production, employment, real income, and wholesale-retail trade.” A recession is also believed to be signaled when businesses cease to expand, the GDP diminishes for two consecutive
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In this article BLK DAL VMEO Delta Air Lines Airbus A330-300 landing at Athens International Airport AIA ,LGAV / ATH Eleftherios Venizelos, with registration N806NW, a former Northwest Airlines Airplane. Nicolas Economou | NurPhoto | Getty Images Check out the companies making headlines in midday trading. BlackRock — Shares of the asset management giant rose
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Lucid Group (NASDAQ:LCID) combined two of 2021’s hottest trends — electric vehicle startups and special-purpose acquisition companies. The problem was that by the time the company completed its reverse merger with Churchill Capital Corp. IV in late July, investor interest in both trends was significantly diminished. Still, LCID stock shot up as much as 20%
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Don’t pass the salt. The Food and Drug Administration is concerned about America’s salt consumption, and the agency issued new guidance Wednesday for restaurants and food manufacturers to voluntarily reduce the amount of sodium in their food to 3,000 mg per day — still higher than the recommended daily allowance — over a 2.5-year period.
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Global investor Barry Sternlicht told CNBC on Wednesday he continues to hold a cautious view on investing in China. “We’re not investors directly in China,” the chairman and CEO of Starwood Capital Group said in an interview on “Squawk Box.” “It’s not a China thing, so much as countries where we think the deck is stacked or we can’t
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We bring back one of our most popular guests, investment expert Lyn Alden. Together, we explore how to build a global portfolio. Lyn teaches us how we can determine the most attractive equity markets, how to identify red flags, and how we can protect ourselves against inflation. IN THIS EPISODE, YOU’LL LEARN: 0:00:00 – Intro
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Alphabet Inc. (GOOG, and GOOGL) is a holding company and parent of Google. The company provides software and Internet-related services including web browsing and search, cloud computing, streaming entertainment, and mobile operating systems, among others. The parent also is involved on a broad array of businesses, including cloud computing, software and hardware, advertising services, and mobile
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Did you see solar stocks on Monday? This particular green sector went parabolic! While the S&P 500 dropped 0.7%, the entire Invesco Solar Portfolio ETF (NYSEARCA:TAN) posted a very impressive 3.6% gain (plus a 0.7% after-hours pop), paced by a 10% gain in Daqo Energy (NYSE:DQ) and a 9% gain in SunPower (NASDAQ:SPWR). The catalyst?
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