Text size Tesla stock is down about 16% for the current quarter. Nicholas Asfouri/AFP via Getty Images Tesla ’s second-quarter delivery results are expected to arrive in early July. It has been hard to predict the numbers for a couple reasons: The first is production volatility from Covid-19 lockdowns in China, and the other is …
Tesla Deliveries Are Coming. Why the Number Is Anyone’s Guess. Read More »
Text size Berkshire has scaled back its stock repurchase program this year, and that may be sending a message that CEO Warren Buffett doesn’t view the stock as being so cheap. Bill Pugliano/Getty Images Despite what CEO Warren Buffett has called its Fort Knox balance sheet with over $100 billion in cash, Berkshire Hathaway hasn’t …
What’s Wrong, Warren? Berkshire Hathaway Stock Has Been Hit Hard in June. Read More »
Text size Revlon hair products are shown at a Houston Walmart this month. Brandon Bell/Getty Images A disconnect has emerged between Revlon ’s surging stock and the depressed bonds of the bankrupt cosmetics company. Some Revlon debt trades at distressed levels of around 10 cents on the dollar, indicating pessimism among fixed-income investors about the …
Revlon Bonds Are in the Tank. It’s a Bad Sign for the High-Flying Stock. Read More »
Electric vehicle maker NIO has been stuck in a range of roughly 10,000 monthly deliveries for almost a year. Courtesy Nio Text size Chinese electric vehicle maker NIO offers a cautionary tale for Tesla investors. What happened to its shares could happen to Tesla ’s if volume growth at Tesla follows a similar path as …
NIO Stock Is a Cautionary Tale for Tesla Shareholders Read More »
Another week of whipsaw stock trading has many investors wondering how much farther markets will fall. Investors have often blamed the Federal Reserve for market routs. It turns out the Fed has often had a hand in market turnarounds, too. Going back to 1950, the S&P 500 has sold off at least 15% on 17 …
Stocks Historically Don’t Bottom Out Until the Fed Eases Read More »
The price of bitcoin lurched below $20,000, and below a level widely monitored by cryptocurrency enthusiasts, as a brutal selloff in crypto showed no signs of abating. Bitcoin fell as low as $18,739.50 and stayed below $20,000 on Saturday, according to CoinDesk, losing 72% of its value from its high in November. Concerns about the …
U.S. stocks wavered Friday, with major indexes extending the whipsaw moves that have injected fresh volatility into markets this week. The S&P 500 was recently down 0.8%. The Dow Jones Industrial Average lost 0.9%, while the Nasdaq Composite was about flat. All three major indexes fell Thursday, closing at their lowest levels since 2020. Thursday’s …
U.S. stocks were higher Friday, putting major indexes on course to extend the whipsaw moves that have injected fresh volatility into markets this week. The S&P 500 rose 0.7%. The Dow Jones Industrial Average added 0.3%, and the Nasdaq Composite climbed 1.4%. All three major indexes fell Thursday, closing at their lowest levels since 2020. …
