Text size ARK Invest CEO Cathie Wood. Courtesy of ARK Falling car prices are coming, according to ARK Invest’s Cathie Wood. That might be cheered by car buyers, but falling prices could mean the Feder...
Tag: Barron's Take
Palantir Is Helping California Manage Wildfires
Text size California is entering its season of blackouts, wildfires along with calls for more power and preparations for future problems. Frederic J. Brown/AFP via Getty Images These days, wildfires b...
Verizon Stock Is at a 10-Year Low. It’s Now Worth Less than T-Mobile.
Text size T-Mobile stock is now worth more than Verizon’s. David Paul Morris/Bloomberg There’s a new top dog in the U.S. telecom industry. T-Mobile US now has a larger market capitalization than...
Li Auto’s Awful Deliveries Send Tesla Stock Lower
Text size Citigroup analyst Jeff Chung believes August and September sales are important for Chinese EV stocks. Hector Retamal/AFP via Getty Images Demand for electric vehicles in China is wavering. T...
3M Plans Job Cuts to Rein in Expenses as Legal Troubles Grow
Text size 3M suffered a legal setback last week when a judge denied a motion that would have limited payouts. Alamy 3M , the maker of Post-it notes and Scotch tape, plans to eliminate jobs in a cost-c...
Lululemon Earnings Are Coming. What to Expect.
Text size Lululemon’s sales fell short of estimates in the fourth quarter. Stuart C. Wilson/Getty Images for Lululemon Athletica Lululemon Athletica will report second-quarter results on Thursda...
Tesla Stock-Price Targets Are Rising After the Split
Text size Wall Street thinks Tesla is worth roughly $900 billion, as implied by average price targets. Justin Sullivan/Getty Images Wall Street price targets for Tesla stock are creeping up after the ...
Berkshire Hathaway Bought Apple, Chevron Stock, Sold GM, Verizon
Text size Warren Buffett’s Berkshire Hathaway made modest stock purchases in the second quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshire Hathaway added to its stakes in Apple , C...
3 Drug Companies Fall on Zantac Lawsuit Fears. It Shows the Power of Analysts.
Shares of Sanofi , GSK , and Haleon fell for the second straight trading session Thursday on surging worries about litigation over Zantac, a heartburn drug that the Food and Drug Administration effec...
Ford Motor, Hershey, and McKesson Just Raised Their Dividends
Text size Bags of Hershey Kisses. The chocolate giant raised its quarterly dividend by 15%. Spencer Platt/Getty Images Ford Motor , Hershey , and McKesson were among the large U.S. companies that decl...
Walmart Wreaked Havoc on Retail. Grab These Unfairly Punished Stocks Now.
Text size Shoppers are spending more on necessities and less on frivolous items. Getty Images You know retail is in trouble when even Walmart can’t manage its way through inflation pressures. Still, s...
Kraft Heinz’s Earnings Beat Forecasts. Why the Stock Is Falling Anyway.
Text size Kraft Heinz posted second-quarter adjusted earnings that beat Wall Street expectations. Alex Wong/Getty Images Kraft Heinz posted higher earnings than analysts expected and raised its full-y...
Tesla Wasn’t a ‘Money Furnace’ After All
Text size Tesla’s credit metrics look better than automotive peers. They look better than many large-cap stocks too. Justin Sullivan/Getty Images It turns out that money furnaces don’t have to b...
Alphabet, Amazon Look Ready to Join the Dow After Stock Splits
Text size Sundar Pichai, CEO of Alphabet. Kyle Grillot/Bloomberg The recent stock split by Alphabet could pave the way for the search giant and Amazon . com to join the Dow Jones Industrial Average . ...
Rivian Stock Is Surging Thanks to Amazon
Text size Amazon has begun using Rivian’s all-electric delivery vans. Jamie Kelter Davis/Bloomberg Stock of electric-truck start-up Rivian Automotive is rising, and Amazon.com is the reason. The...
Ford Now Has Enough Batteries to Grow EV Deliveries Faster Than Tesla—Profitably
Text size The Rouge Electric Vehicle Center Ford plant. Courtesy of Ford Batteries are a critical success factor for any auto maker looking to win electric-vehicle market share. Ford Motor sad it has ...
VW’s New EV Brand Scout Will Take on the Ford F-150 and Jeep
Text size VW plans to get into the electric-truck business. Waldo Swiegers/Bloomberg What’s old is new again—if you turn it into an electric vehicle like Volkswagen is doing. The German automotive gia...
GE’s Three-Way Split Is Near. What the New Companies Will Be Called.
Text size GE’s aviation business will become GE Aerospace. Jason Redmond / AFP via Getty Images General Electric is undertaking an epic transformation under the leadership of CEO Larry Culp—the ...
Morgan Stanley, Clorox, and Cummins Lifted Dividend Payouts
Text size Clorox Disinfecting Wipes canisters on a conveyor belt. Matt Odom/Bloomberg Morgan Stanley , Clorox , and Cummins were among the U.S. companies that declared dividend increases this week as ...
Rivian CEO Hosted an All-Hands Meeting. What Was Discussed.
Text size Electric-truck start-up Rivian recently announced layoffs. Courtesy Rivian Fast-growing electric-truck start-up Rivian Automotive is laying off workers. The news surprised the market earlier...
Elon Musk: ‘Lithium Batteries Are the New Oil’
Text size Tesla CEO Elon Musk speaks during the official opening of a Tesla plant in Germany. Christian Marquardt/Getty Images Tesla CEO Elon Musk defined energy independence for an electric-vehicle w...
GE Shelves Wind Turbine Blade Plant. Renewable Energy Has Been a Tough Go.
Text size Renewable power has been a tough business for GE for years. Sebastien Salom-Gomis/AFP via Getty Images General Electric is scrapping plans for a wind turbine blade plant in the U.K. Shares o...
A GE Bear Looks Into 2023. He Doesn’t Like What He Sees.
Text size The General Electric logo is displayed on the outside of jet-engine test tunnels. Luke Sharrett/Bloomberg We are in the second half of the year, and 2022 earnings estimates will start to giv...
Tesla Still Tops the EV List. Here’s Who Makes the Most.
Text size The top five EV makers account for about half of global production. Chris Delmas / AFP via Getty Images More electric cars are being sold around the world, and companies including Volkswagen...
KKR Stock Looks Cheap. Why It Might Be Time to Buy.
Text size KKR has loads of capital and a cheap stock. It could be a recipe for gains. Dreamstime It has been a brutal first half of the year for alternative-asset managers. Shares of KKR , Apollo , Bl...
Intel Should Slash Its Dividend. Its Future May Depend on It.
Text size Intel CEO Pat Gelsinger. Ting Shen/Bloomberg Under CEO Pat Gelsinger, Intel has committed to massively increasing its capital spending investments by tens of billions of dollars. But with a ...
EV Newcomer Polestar Stock Has a Big and Wild First Trading Day
Text size Thomas Ingenlath, CEO of Polestar AB, will run the new company. Krisztian Bocsi/Bloomberg The merger of the special-purpose acquisition company Gores Guggenheim and the electric-vehicle make...
6 Oil Stocks That Can Buck Increased Bearishness
Text size An oil pumpjack pulls oil from the Permian Basin oil field in Odessa, Texas. Joe Raedle/Getty Images Oil prices have fallen 10% this month, and stocks have been sinking with them. In fact, s...
IPOs From 2021 Have Crashed. It May Be Time to Buy Some of Them.
Text size A view of the Fearless Girl statue wearing an F45 Training hat. Noam Galai/Getty Images Most initial public offerings from 2021 have performed badly, and Jefferies suggests that 13 from that...
Tesla Shanghai to Halt Production Temporarily. It Isn’t Covid.
Text size An aerial view of Tesla Shanghai Gigafactory. Xiaolu Chu/Getty Images Tesla ’s plant near Shanghai is going to shut down temporarily, according to reports. The downtime will add some uncerta...
Kohl’s Stock Tumbled. The Buyout Offer Might Be Lowered.
Text size A Kohl’s department store. Photograph by Daniel Acker/Bloomberg Kohl’s shares took a late-day nosedive on reports that suitor Franchise Group may lower its bid for the department store...
Tesla Stock May Slip, but an Analyst Sees a Buying Opportunity
Text size Analysts have raised Tesla price targets since a stock split at the end of August. Patrick T. Fallon/AFP via Getty Images Piper Sandler analyst Alexander Potter sees “crosscurrents” that cou...