Tesla raised the base price of its cars again Rivals have failed to deliver in the mid-market What China tells the U.S. about the future of electric vehicles Tesla (NASDAQ:TSLA) stock is down 17% in 2022. Investors are no longer paying as big a premium for growth. Even at its March 18 opening price of
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U.S. stock futures on Monday edged lower after the strongest weekly performance in more than a year, as Russia continued attacking Ukraine with no diplomatic progress in sight. What’s happening Futures on the Dow Jones Industrial Average YM00, -0.33% fell 94 points, or 0.3%, to 34539 Futures on the S&P 500 ES00, -0.17% fell 0.2%,
This has been an interesting week for Tesla (NASDAQ:TSLA). The company’s CEO Elon Musk started a very public social media battle with allies of Russian president Vladimir Putin. A surging Covid-19 outbreak in China has forced the company to temporarily halt production at its Shanghai factory. Source: Khairil Azhar Junos/Shutterstock.com All of this comes on
With the nation’s gas prices steadily climbing, many car owners wonder how much extra it will cost them to get a full tank. Gas prices across the nation started rising before Russia invaded Ukraine. But the escalation into war pushed them even higher and then came the sanctions against the Kremlin. As of March 17,
McDonald’s Corp (NYSE:MCD) is off 12% from the end of last year, but prospects for the company are excellent. Despite losing $50 million a month in Russia, McDonald’s should still produce significant positive free cash flow in 2022. Investors should still load up on MCD stock, given that its valuation has room to grow at
Rep. Liz Cheney said Sunday that Donald Trump’s actions during the Jan. 6, 2021, Capitol siege amounted to a “supreme dereliction of duty,” and that the House committee investigating the insurrection may recommend “enhanced criminal penalties” for officials who failed to carry out their duties. In an interview Sunday with NBC News’ “Meet the Press,”
Even the Russia-Ukraine conflict hasn’t done much to galvanize Boeing stock. A return to early 2020 price levels isn’t a question of “if,” but “when.” Investors should seize the opportunity to own a piece of an iconic American business. Headquartered in Chicago, Boeing (NYSE:BA) is an aerospace and defense company that’s known worldwide. For many generations,
The bottle Jukes Cordialities, $48.50 per box of nine 1-ounce bottles The back story Are you ready to unwind with some un-wine? How else to explain Jukes Cordialities, a non-alcoholic beverage brand launched in 2020 by British-based wine writer Matthew Jukes. The idea here is to somewhat replicate the flavor and, um, spirit of vino
At some point this weekend, you’re probably going to go shopping for groceries, or refill your car at the local gas station. When you do, your jaw is going to drop when you whip out your credit card. Over $4 a pound for a chicken breast? More than $5 a gallon for gas? Source: InvestorPlace
The 40-year old data scientist, and mother of two, in an apologetic tone, says “I just can’t think about it now. I know I should, but I just can’t right now.” A lawyer, 53, and father of a college age son, voices a similar response — “No! I just don’t have the bandwidth.” Are these
They don’t usually attract the attention of retail investors, but defense stocks have risen to popularity and widely outperformed a stuttering stock market so far in 2022. And some of them still appear like good long-term buys, even as they print new all-time highs. Undoubtedly, ongoing tensions in the South China Sea and the Russian
U.S. stock futures pointed to losses on Friday, ahead of “massive” options expirations and amid worries over the continued Russia-Ukraine war. Still, major indexes were set for the best weekly returns since late 2020. How are stock-index futures trading? S&P 500 futures ES00, -0.58% dropped 0.6% to 4,374 Dow Jones Industrial Average futures YM00, -0.49%
Lucid is down 54% from its November high price, wiping over $40 billion off its cheery valuation in the process. Its recent fourth-quarter earnings release lowered the company’s electric vehicle (EV) production target dramatically for 2022 from manufacturing issues. Investors should be careful here and take a wait-and-see attitude, especially as LCID stock still has a
Hi, MarketWatchers. Don’t miss these top stories. Weekend reads: There’s a recession warning as the Federal Reserve fights inflation Also, value stocks, the wild market for crude oil and a U.S. company that’s staying in Russia. Read More ‘Buyers are getting a double whammy’: Existing-home sales fall as affordability concerns mount The median sales price
Growth stocks such as Shopify (NYSE:SHOP) have cratered over the past few months. SHOP stock trades roughly 64% lower than its 52-week high price. Though the pain is unlikely to last forever, Shopify and other growth stocks will continue feeling the heat this year. Source: Burdun Iliya / Shutterstock.com Shopify’s business soared during the pandemic
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Quantumscape (NYSE:QS) is down 29% year-t0-date and off more than 61% from its peak on Nov. 15. The company’s latest earnings report shows no revenue, as expected, and continuing losses. However, capex was as expected. Prospects for revenue for the solid-state electric battery maker are years in the future, which is keeping QS stock down.
U.S. stock futures fell on Thursday, as oil prices renewed a march upward, following the first Federal Reserve interest rate hike since 2018 and promises of more to come. Signs of increasing escalation in the Russia-Ukraine war and worries over the progress of negotiations were also in focus. How are stock-index futures trading? S&P 500
Winter is coming for this guy. A North Carolina man was sentenced to 20 months in prison for fraudulently taking $1.7 million in Covid-19 relief loans for fake companies he created, including some which had “Game of Thrones”-themed names. Tristan Bishop Pan, 40, pleaded guilty to wire fraud last August for submitting at least 14
There’s an old trading adage that goes as follows. A stock that is down 90% is one that was down 80% and then got cut in half again. This is precisely what’s happening for many unprofitable and speculative companies such as Affirm (NASDAQ:AFRM) stock. AFRM stock is now down 80% from its 52-week highs, leading