Tesla (NASDAQ:TSLA) is making headlines on Thursday morning, but that’s mostly pertaining to its CEO Elon Musk. Musk has made a public offer to acquire Twitter (NYSE:TWTR) for $54.20 a share. That news has TSLA stock down nearly 4% on the day. That’s as investors weigh the potential implications of what that may mean for
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U.S. stock-index futures fell Sunday, ahead of a big week of earnings reports. Dow Jones Industrial Average futures YM00, -0.40% futures fell about 150 points, or 0.5%, while S&P 500 futures ES00, -0.63% sank 0.7% and Nasdaq-100 futures NQ00, -1.04% tumbled 1.1%. Futures for U.S. crude CLK22, +1.39%, meanwhile, rose to $108.16. The U.S. stock
Bank of America (BAC) is hoping an earnings win can turn a rough year around. Charles Schwab (SCHW) has used its innovation to fare better than most so far in 2022. Johnson & Johnson (JNJ) has outperformed in 2022, and an earnings beat could push it higher. Netflix (NFLX) needs to show stronger growth to keep investors happy.
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS Americans of all ages are failing at financial literacy Those with decades more experience are only slightly more literate than those in their 20s Read More Stocks tanked
Ever since the Treasury yield curve inverted a few weeks back, everyone’s talking about a recession. Historically speaking, a yield curve inversion is an accurate harbinger of a recession. And now it seems everyone is prepping for a huge downturn in the U.S. economy. Source: Shutterstock Deutsch Bank (DB) is calling for a recession by
Hello, I’m 53 years old, a registered nurse and planning to retire at 58. I am married, my wife is two years older than I am and she plans to retire at 62. We have a good marriage and friendship. We have three grown up kids. I only have $300,000 in my 401(k), and not
Cenntro Electric Group (CENN) holds much more promise than its predecessor, Naked Brand. The company’s big investment in Europe is pricey, yet it could put Cenntro in an advantageous position. Investors should acknowledge the risks involved, but consider a long stock position in Cenntro anyway. Source: Cenntro Automotive It might seem like a fever dream
More Americans are browsing again — in grocery-store aisles rather than online. With U.S. states abandoning mask mandates in public places, and more retailers dropping requirements for masks — and the latest omicron wave that led to a spike in COVID-19 cases over the winter now receding — more people are feeling comfortable shopping in
The market is awfully volatile lately. One day, stocks are up big. The next, they plummet. And ultimately, they appear to be going nowhere while inflation and gas prices are roaring higher. Not to mention a war rages on in Europe and China struggles with a new wave of Covid-19 lockdowns. Admittedly, it’s an ugly
On April 13, Tesla CEO Elon Musk offered to buy Twitter TWTR, -1.68% for $54.20 a share. Twitter’s stock closed at $45.08 (17% below Musk’s takeout offer price) on April 14, making it clear that many investors believe the deal won’t take place. Louis Navellier makes the case for Twitter’s board of directors to accept
Novavax (NVAX) lost the COVID vaccine race to Moderna and Pfizer. Profits are only now starting to roll in. NVAX stock looks fairly-valued. Source: rarrarorro / Shutterstock.com Novavax (NASDAQ:NVAX) is finally making money from Covid-19, but no one cares about NVAX stock anymore. A profit of about $200 million, $3.30 per share, is expected when
Dear MarketWatch, I am in my late 60s and need to find another place to retire. I am in the beginning stages of blindness and no longer drive, so am very dependent upon public transport and shopping, particularly grocery shopping, being within walking distance. I presently live in a suburb of a large city, but
Fast Retailing Co. 9983, +7.91% shares rose sharply Friday after the Uniqlo owner delivered strong first-quarter results and raised its fiscal-year net profit guidance. The shares were recently 6.5% higher at JPY63,450 after rising as much as 6.9% earlier, sharply outperforming the broader market. The Nikkei Stock Average was recently 0.1% lower. Fast Retailing’s first-half
Roughly 10 weeks ago, I boldly predicted that 2022 could be a “whole new ballgame” for SoFi Technologies (NASDAQ:SOFI) stock. I was pretty bullish on the company’s new charter to operate a bank subsidiary, SoFi Bank. As it turns out, this surely is a new ballgame for SoFi — just not as anyone predicted. SOFI
Although it is one of the also ran electric vehicle (EV) plays, Cenntro Electric (NASDAQ:CENN) has a lot going for it. At least, that is what it seems like on paper. Based on its touting of its $250 million cash position, 2021 delivery numbers, and $2.1 billion in sales by 2023, CENN stock may seem
A woman attempted to glue herself to the court during the Tuesday night NBA play-in game between the Los Angeles Clippers and the Minnesota Timberwolves. The woman, who was promptly removed from the arena in Minnesota by security officials, was protesting alleged animal rights abuses at an egg farm owned by Timberwolves owner Glen Taylor.
Gevo (NASDAQ:GEVO) is developing renewable electricity and renewable natural gas for production processes, which has helped thrust GEVO stock into the spotlight. The company states that its “products perform as well or better than traditional fossil-based fuels in infrastructure and engines, but with substantially reduced greenhouse gas emissions.” Gevo says its technology can also be
Frank James, the man who New York City officials say was responsible for the Tuesday-morning shooting aboard a Manhattan-bound N train, has been arrested, according to media reports. James was taken into custody at St. Marks Place and 1st Avenue in the East Village neighborhood of Manhattan, according to NBC News. He was allegedly involved
Last week, SoFi (NASDAQ:SOFI) issued a weak outlook for 2022. Once again, Chief Executive Officer Anthony Noto blamed the student loan moratorium for lowering Sofi’s revenue outlook. President Joe Biden extended the federal student loan payment moratorium by four more months, to August 31, 2022. SOFI stock reacted negatively to the news. However, it also
The numbers: The cost of wholesale goods and services jumped 1.4% in March largely because of more expensive gasoline and food, signaling that U.S. inflation is likely to stay near a 40-year high through the spring. Economists polled by The Wall Street Journal had forecast a 1.1% gain. The increase in wholesale prices last month