Tag: industrial news

Finance

Tesla Could Reopen Its Shanghai Factory Next Week: Report

04/17/2022
Bitcoin Ethereum News

Text size An aerial view of Tesla’s Shanghai factory, which closed in late March due to rising cases. Xiaolu Chu/Getty Images Tesla might be reopening its most productive facility earlier than i...

Finance

Tesla CEO Elon Musk Will Have No Trouble Financing Twitter

04/16/2022
Bitcoin Ethereum News

Text size Tesla Motors CEO Elon Musk at the “Cyber Rodeo” opening party, April 7, 2022, in Austin, Texas. AFP via Getty Images Rich people rarely have to pay cash. Tesla CEO Elon Musk has ...

Finance

Costco Thrives by Mastering Traditional Retailing. Now It’s Challenging Amazon.

04/16/2022
Bitcoin Ethereum News

Illustration by Elias Stein Text size Costco Wholesale is challenging Amazon.com by keeping things simple: limited selection, low prices, good execution. With just 7% of its sales online, it’s the ant...

Finance

Municipal Bonds Are Down So Much That They’re Buys Again

04/16/2022
Bitcoin Ethereum News

Text size Al Drago/Bloomberg A funny thing happened in the past week, as news emerged of inflation hitting a four-decade high. A few strategists started looking a bit more positively on bonds, or at l...

Finance

What Is a Poison Pill? Twitter Adopts Defensive Move to Fend Off Elon Musk.

04/15/2022
Bitcoin Ethereum News

Elon Musk offered to buy Twitter for $43 billion. He currently has a 9.2% stake in Twitter. Photo by Christian Marquardt – Pool/Getty Images Text size Twitter adopted a so-called poison pill Fri...

Finance

Will Twitter Accept Elon Musk’s $43 Billion Offer? His Options If Twitter Says No.

04/15/2022
Bitcoin Ethereum News

Text size Tesla CEO Elon Musk. Patrick Pleul/POOL/AFP via Getty Images Elon Musk, the billionaire businessman, has some options if Twitter rejects his nearly $43 billion bid. Twitter (ticker: TWTR) co...

Finance

AT&T and WBD Stocks Both Look Attractive. Here’s Why.

04/15/2022
Bitcoin Ethereum News

Text size Barron’s praised AT&T’s Warner Bros. spinoff in a May 2021 cover story. Both stocks are attractive now. Justin Sullivan/Getty Images AT&T has officially closed the book on a tumultuo...

Finance

This is how much you made if you bought into the oil crash 2 years ago

04/15/2022
Bitcoin Ethereum News

If you want to retire rich, the late, great Dan Bunting has some advice for you. “Always buy the market (i.e., stocks or even just the index) after a spectacular bankruptcy,” my old friend Bunting, a ...

Tech

Elon Musk Has a Role Model for Taking a Tech Firm Private: Michael Dell

04/15/2022
Bitcoin Ethereum News

Text size Michael Dell, chairman and chief executive officer of Dell Technologies. Matthew Busch/Bloomberg Tesla CEO Elon Musk tweeted four words—and a link to a government filing—to tell the world, o...

Bitcoin

A retired nurse lost $43,000 to bitcoin — watch out for red flags online

04/15/2022
Bitcoin Ethereum News

A New York retired nurse lost $43,000 of her life savings to bitcoin scammers, after transferring the money to them through a malicious computer pop-up – an unfortunate reminder to be vigilant when it...

Finance

High-Yielding Stocks Should Continue to Outperform. 6 Ways to Invest.

04/15/2022
Bitcoin Ethereum News

Text size Exchange-traded funds that focus on high-yielding sectors such as utilities, energy, and commodities have outperformed the broader market. Dreamstime High-yielding stocks have been standout ...

Finance

Warren Buffett Says He Is in Great Health With No Plans to Step Down as CEO

04/15/2022
Bitcoin Ethereum News

Text size Warren Buffett Paul Morigi/Getty Images for Fortune/Time Inc Warren Buffett says he is in excellent health and has no plans to step down as CEO of Berkshire Hathaway as he eagerly anticipate...

Finance

Worried About a Recession? Buy IBM Stock, Morgan Stanley Says.

04/14/2022
Bitcoin Ethereum News

Text size IMB stock is a buy according to Morgan Stanley. Dreamstime Worried about recession? Then maybe you want to take a fresh look at IBM stock. That advice comes courtesy of Morgan Stanley analys...

Finance

Inflation is raging, but these 16 companies have pricing power

04/14/2022
Bitcoin Ethereum News

Decades of deflationary forces that helped feed booming prices for U.S. stocks are over, at least for now. But some companies are countering the trend, by a combination of holding down expenses and ra...

Bitcoin Ethereum

Nvidia Stock Gains on Upgrade. Ethereum Won’t Crash It the Way Bitcoin Did.

04/14/2022
Bitcoin Ethereum News

Text size Gamers compete at the ‘Nvidia’ booth during the Electronic Entertainment Expo E3 in Los Angeles. Christian Petersen/Getty Images Nvidia stock was rising Wednesday after it receiv...

Finance

Musk’s Cannabis-Themed Twitter Offer Looks High but Not Wacky

04/14/2022
Bitcoin Ethereum News

Text size Elon Musk is offering $54.20 a share for all of Twitter. Al Drago/Bloomberg Elon Musk is offering $54.20 a share for all of Twitter —and you don’t need to work up a discounted cash flow anal...

Finance

Mortgage rates soar to highest level in over a decade — even wealthy home buyers are feeling the pain

04/14/2022
Bitcoin Ethereum News

Mortgage rates are soaring, and no one is being spared. The average rate on a 30-year fixed-rate mortgage was 5% as of the week ending April 14, representing an increase of 28 basis points from the pr...

Finance

Rite Aid Stock Is Soaring. The Outlook Impresses Investors.

04/14/2022
Bitcoin Ethereum News

Text size Rite Aid’s quarterly loss was bigger than expected. Mario Tama/Getty Images Rite Aid’s stock surged after the drugstore chain said it expects to lose less money in the current fiscal y...

Finance

4 big expenses you should factor in for retirement

04/14/2022
Bitcoin Ethereum News

Retirement planning is part savings, part guessing game. While many of your day-to-day expenses will remain the same, there are big-ticket categories that can take a large bite out of your savings. Th...

Finance

Elon Musk and Twitter: What Happens Next

04/14/2022
Bitcoin Ethereum News

Text size Tesla founder and CEO Elon Musk could continue to face legal questions over his new stake in Twitter. Win McNamee/Getty Images Elon Musk’s back and forth with Twitter  took another turn this...

Finance

Ford Is Now 3 Businesses. What That Means for the Stock.

04/14/2022
Bitcoin Ethereum News

Text size Ford stock is down about 25% year to date. Jeff Kowalsky/AFP via Getty Images Ford Motor Chief Financial Officer John Lawler spoke at the Bank of America conference taking place at the New Y...

Finance

Costco Just Raised Its Dividend. It’s One More Reason to Own the Stock.

04/14/2022
Bitcoin Ethereum News

Text size Costco raised its dividend again. Joe Raedle/Getty Images Costco Wholesale just raised its dividend–and it’s just one more reason to own its stock. After Wednesday’s close, Costco (ticker: C...

Finance

Facebook parent Meta set to take nearly 50% cut from virtual sales — and Apple is calling it out

04/14/2022
Bitcoin Ethereum News

Facebook parent Meta Platforms Inc.’s intent to take a nearly 50% cut of digital asset sales within its emerging metaverse is drawing widespread criticism from developers and longtime nemesis Apple In...

Finance

PayPal Stock Is Falling. It’s Not Because Its CFO Is Leaving for Walmart.

04/13/2022
Bitcoin Ethereum News

Text size PayPal’s has a new interim CFO. Justin Sullivan/Getty Images Walmart said late Tuesday that it had named John Rainey as its chief financial officer. Rainey currently holds the same pos...

Finance

Meta Stock Might Have Another Round of Weaker Earnings Ahead

04/13/2022
Bitcoin Ethereum News

Text size Meta stock saw a couple of price target cuts as analysts worried about its coming earnings report. Justin Sullivan/Getty Images Wall Street is bracing for another rough quarter for Facebook ...

Finance

10 Beaten-Down Stocks That Investors Are Starting to Like Again

04/13/2022
Bitcoin Ethereum News

Text size Zillow is on Barron’s list of stocks regarding which sentiment has begun to improve. Tiffany Hagler-Geard/Bloomberg Twitter stock’s 20% gain since Tesla CEO Elon Musk disclosed his 9% ...

Finance

Nvidia’s Gaming and Datacenter Outlook Is Strong. The Stock Gets an Upgrade.

04/13/2022
Bitcoin Ethereum News

Text size Gamers compete at the ‘Nvidia’ booth during the Electronic Entertainment Expo E3 in Los Angeles. Christian Petersen/Getty Images Nvidia stock was rising Wednesday after it receiv...

Finance

As mortgage rates climb, one big thing homebuyers should consider doing now

04/13/2022
Bitcoin Ethereum News

Is a mortgage rate lock right for you? Getty Images Mortgage rates will likely rise throughout 2022, many experts predict. Indeed, both Holden Lewis, home and mortgage expert at Nerdwallet, and Jeff O...

Finance

EV Battery Firm QuantumScape Stock Is Rising

04/13/2022
Bitcoin Ethereum News

Text size Car batteries at a factory. STR/AFP via Getty Images Electric-vehicle battery technology company QuantumScape picked up a new rating. It’s lukewarm, but the stock is rising Wednesday. Deutsc...

Finance

Sierra Oncology Stock Soars After $1.9 Billion Takeover by GSK

04/13/2022
Bitcoin Ethereum News

Text size The deal comes ahead of GlaxoSmithKline’s planned spinoff of its consumer health division in July. AFP via Getty Images GlaxoSmithKline has agreed to buy U.S. rare cancer therapy compa...

Finance

Antares Pharma Stock Soars After $960 Million Halozyme Buyout

04/13/2022
Bitcoin Ethereum News

Text size Nasdaq-listed Antares Pharma is being bought by Halozyme Therapeutics in a deal valued at $960 million. Michael Nagle/Bloomberg Shares of Antares Pharma surged more than 47% in premarket tra...

Finance

Sierra Oncology Stock Soars After $1.9 Billion Takeover by GlaxoSmithKline

04/13/2022
Bitcoin Ethereum News

Text size AFP via Getty Images GlaxoSmithKline has agreed to buy U.S. rare cancer therapy company Sierra Oncology for $1.9 billion in cash, as it looks to boost its portfolio of new specialty medicine...