Cathie Wood has had a rough year, but in keeping with her reputation as a ‘true believer’, she’s seizing the opportunity to buy more shares in one of her most controversial picks as it tumbles to fres...
Tag: Disruptions
Southwest, Tesla, Coinbase, Apple, and More Stock Market Movers Friday
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Tesla CEO Elon Musk Could Have Had His First Margin Call for Twitter Loan
Tesla CEO Elon Musk might regret his purchase of Twitter—or at least the way he financed it. Based on the agreement Musk signed with bankers to help fund his Twitter purchase, he would have experience...
Here’s the next mega tech stock likely to fall into the bear market’s clutches, according to this chart
Last goal for 2022? Ending it. Stock markets would like to just get there without any more meaningful losses, says Navellier and Associate’s chairman and founder Louis Navellier, who adds that “anyone...
Tesla, Generac, Southwest, and More Stock Market Movers Wednesday
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Tesla Drops Out of the 10 Biggest U.S. Public Companies
Tesla stock slipped Tuesday to end at a more-than two-year low, and its market value fell along with it. Concerns about demand for new Tesla vehicles looks to be the biggest reason. Tesla shares (tick...
AMC Entertainment Stock Fell Again. 2022 Has Been Rough for Meme Stocks.
AMC Entertainment Holdings stock tumbled this week after the theater chain announced plans to sell stock to a private investment firm. The move extended pain amid what has been a brutal year for meme ...
Airlines cancel 17,000 flights due to severe winter weather but disruptions ease
Aircraft are deiced at General Mitchell International Airport in Milwaukee Reuters Flight cancellations eased further on Monday but disruptions from severe winter weather across the U.S. lingered at t...
China Banks Rush Traders Back to Office Amid Covid Disruptions
(Bloomberg) — Some Chinese financial institutions are rushing employees back to office as surging absences of traders and other key personnel over the past week amid the nation’s massive Covid-1...
Tesla, AMC, Energy Stocks, and More Stock Market Movers Friday
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Amazon stock breaks below 2020 low for the first time, heads for worst year since dot-com bust
Amazon.com Inc. shares closed lower than their March 2020 nadir for the first time Thursday, as the tech giant’s stock heads for its worst year since the dot-com bust. Amazon AMZN, -3.43% shares fell ...
Rivian, Lucid Shares Fall. It’s Not Only Affordability. It’s Cash Flow.
It’s the car stock version of demolition derby on the Thursday before Christmas. The carnage indicates three things: Investors are deeply worried about the economy in 2023, investor are worried about ...
Dow ends nearly 350 points lower after strong economic data, bearish comments by David Tepper fuel worry about rate hikes
U.S. stocks ended well off session lows but still fell sharply, after a round of upbeat economic data and a warning from hedge-fund titan David Tepper that he was “leaning short” against both stocks a...
Tesla stock’s losing streak continues after report of hiring freeze, layoff plans
Electric-vehicle maker Tesla Inc.’s shares declined for the fourth consecutive session Wednesday, after a report of a hiring freeze and plans for layoffs. Tesla TSLA, -0.17% is planning layoffs for th...
Micron earnings: Memory-chip slowdown appears to be far from over
Micron Technology Inc. shares have fallen more than 45% this year, but the memory-chip specialist is not out of the woods yet, as demand for its core product continues to be weak. Micron MU, -2.01% is...
Disney stock on its way to worst year since 1974 after ‘Avatar’ sequel disappoints
“Avatar: The Way of Water” couldn’t reverse Walt Disney Co.’s recent funk, which has the stock on a path for its worst year since 1974. Disney shares DIS, -4.77% sank nearly 5% to their lowest level s...
Tesla stock closes lower than $150 for first time in more than two years as analysts say they can’t ignore Elon Musk’s Twitter ‘nightmare’ anymore
Tesla Inc. shares closed lower than $150 for the first time in more than two years Monday, after analysts said they are concerned that Chief Executive Elon Musk is being distracted from running the $4...
Coinbase Stock Hits an All-Time Low. Where the Company Goes From Here.
In December of 2021, crypto exchange Coinbase Global (COIN) was about to cap a banner year: it had gone public with a valuation north of $85 billion and a $328 share price, raised over $3 billion thro...
Ford Stock Falls. A $1.7 Billion Truck-Rollover Trial Is a Distraction.
Ford Motor has a legal hearing set to start Monday related to a product liability case that resulted in a $1.7 billion punitive award against the auto maker. Investors seem to be a little nervous abou...
Sell AT&T Stock After Recent Run, Says Analyst
The U.S. telecom sector has seen widely divergent performance among its primary players this year, with T-Mobile US soaring past rivals AT&T and Verizon Communications in market capitalization. Ve...
Barron’s 10 Top Stock Picks for 2023
The stock market is coming off its worst year since 2008, but it was finally a good year for value investing—and it was a good year for Barron’s favorite picks, as well. Every December for the past 1...
Individual Investors Hang On in Wild Year for Stocks While Pros Sell
During the wildest year for global markets since 2008, individual investors have been doubling down on stocks. Many professionals, on the other hand, appear to have bailed out. U.S. equity mutual an...
Cosmos Health stock nearly triples after reverse stock split, then gives it all back in late trading
Cosmos Health Inc.’s stock price nearly tripled Friday as investors responded to the company’s reverse stock split, but those gains disappeared in after-hours trading. The Chicago-based company announ...
What can we expect from meme stocks AMC, GameStop and Bed Bath & Beyond in 2023?
Meme stocks AMC Entertainment Holdings Inc., GameStop Corp. and Bed Bath & Beyond Inc. have had an eventful 2022, but what can we expect from them in 2023? AMC AMC, -5.18% and GameStop GME, +1.07%...
Barron’s 10 Favorite Stocks for 2023
The stock market is coming off its worst year since 2008, but it was finally a good year for value investing—and it was a good year for Barron’s favorite picks, as well. Every December for the past 1...
Tesla stock suffers worst week since 2020 as Elon Musk sells, large shareholder asks for new CEO
Tesla Inc. shares Friday wrapped up their worst week since 2020, as Chief Executive Elon Musk sold billions in stock and faced a call from a prominent investor to step down from the helm of the electr...
Buy Nvidia, AMD, and Qualcomm Stock, Analyst Says. Here’s Why.
After a difficult year for chip stocks, Bernstein is telling investors to take advantage of the share price declines and buy three semiconductor companies that have the best product outlooks. On Frida...
Who Replaces Elon Musk if He Drops Another Notch on the Rich List
Elon Musk’s wealth has taken a beating lately, making him only the world’s second-richest person. More declines could place him in third in a shift that would highlight how vast wealth can be found in...
Moderna, Tesla, Lennar, and More Stock Market Movers Wednesday
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China’s Zero-Covid Exit And The Potential For 2023 Supply Chain Disruptions
Shuttle buses have been arranged by local authorities to facilitate the return trips of Foxconn … [+] factory workers to their hometowns after COVID-19 infections were reported in the city Zheng...
Tesla stock ends at fresh two-year low, bucking broader market trend
Tesla Inc. stock on Monday ended at a fresh two-year low, going against broader market strength and as December losses look poised to match November’s and October’s double-digit declines. Tesla TSLA, ...
Tesla stock is the most oversold it has ever been
As Tesla Inc.’s stock keeps sinking, to suffer the longest losing streak in more than four years on Tuesday, it has become the most oversold on a technical basis since going public 12 years ago. Keep ...