Shares of Rivian Automotive fell after a report said the electric truck start-up is in talks to end an exclusivity pact with Amazon.com. That might have been an overreaction, judging by Amazon’s respo...
Tag: S&P 500 Index
How Wind Can Power the Planet and Aid GE Stock
The puffs of air that sway the grass on a summer’s day, the result of the uneven heating of the earth and its rotation, are one key to reducing humanity’s dependence on fossil fuels. Wind could be key...
This Energy Stock Is Rocketing. Its Chairman Just Bought Shares.
Transocean stock has been on a tear, to the point where many investors would think about taking some money off the table. But Chairman Chad Deaton just bought more shares of the offshore-drilling comp...
Stocks Will Struggle to Beat 5% Treasurys, Strategists Say. And What the Heck Is ‘Out-Dexing?’
A top Wall Street forecaster told me how to beat the stock market from here: Buy a Treasury bill. I would leak the tip on Reddit, but I’m not sure how many moon rocket emojis to use. A six-month Treas...
American Express and 4 More Companies That Raised Their Stock Dividends
American Express Oracle and Johnson Controls were among the large U.S. companies that declared dividend increases this week. It was a fairly light week for such announcements, with earnings season hav...
GE’s Big Plans Are Luring Wall Street Bulls. Target Price Doubled.
Wall Street is feeling more bullish about General Electric stock. Significantly more bullish in one instance. GE (ticker: GE) hosted its 2023 analyst and investor event in Cincinnati, Ohio on Thursday...
Warren Buffett’s Berkshire Hathaway Buys More Occidental Stock. How Much It Owns Now.
Berkshire Hathaway bought almost 6 million shares of Occidental Petroleum in recent days, bringing its stake in the big energy company to 200.2 million shares worth $12.2 billion, according to a filin...
Buffett’s Berkshire Buys More Occidental Stock. How Much It Owns Now.
Berkshire Hathaway bought almost 6 million shares of Occidental Petroleum in recent days, bringing its stake in the big energy company to 200.2 million shares worth $12.2 billion, according to a filin...
Rivian, Tesla, and 2 Other EV Makers Are Recalling Vehicles
Monday is looking like recall day for electric-vehicle makers. A few have showed up on the National Highway Traffic Safety Administration website. Recalls from the large players don’t look serious. Re...
Hertz Warrants Offer a Good Alternative to the Stock. How to Play It.
Bulls on Hertz Global Holdings should consider the rental car company’s unusual and attractively priced warrants, which offer an alternative to Hertz common shares. First, some details on Hertz Global...
Lordstown Motors’ Sales Were Dreadful. The Stock Is Rising Anyway.
Sales and earnings from electric vehicle start-up Lordstown Motors show just how hard it has been to launch a new electric truck. Results look rough, but the beaten-up stock is rising in early trading...
Griffin’s Citadel hedge fund is up again in 2023 after a record year
Ken Griffin, the founder and CEO of Citadel, in 2014. E. Jason Wambsgans | Tribune News Service | Getty Images Billionaire investor Ken Griffin’s flagship hedge fund matched the broader market&#...
Tesla Signs Battery Material Deal With Korea’s L&F
Tesla investors are having a busy week and it’s only Tuesday. Ahead of the week’s main event, an analyst day on Wednesday, investors have to digest news about batteries as well as EV demand in China a...
Norwegian Cruise Line Misses Earnings Estimates. The Stock Is Falling.
Norwegian Cruise Line Holdings stock tumbled Tuesday as the company posted a wider-than-expected loss and provided disappointing guidance for 2023. Cruise operator Norwegian (ticker: NCLH) posted an a...
DeLorean Has Hit the Brakes. Catching Tesla Is Proving Hard for EV Rivals.
When Marty McFly drove into the future in the famous 1980s movie, he made it look easy. For EV start-ups trying to leap ahead in their industry, it’s proving a lot harder. DeLorean, the car company ma...
Tech Carried the Stock Market. Now They’re Taking It Down With Them.
The prospect of still-higher short- and long-term interest rates produced the worst week for the S&P 500 index in the relatively young year, a drop of 2.67%, and the third straight down week for t...
The Stock Market Doesn’t Look Cheap, Any Way You Slice It
Stock indexes closed another losing week in a downbeat February, as investors continue to debate the path of the economy and monetary policy. It’s a decidedly muddled outlook for the market from a fun...
Tesla Stock Is Down. Steering Wheels Are Not the Reason.
Safety matters a great deal in the automotive market. Safety recalls and investigations, paradoxically, don’t matter as much. Investors might not be able to tell that by looking at stocks. Tesla (tick...