Text size CEO R.J. Scaringe’s recent purchase means he owns about 4.5 million shares of Rivian stock. Courtesy of Rivian Rivian ’s CEO R.J. Scaringe stepped up and bought the dip in his company’...
Tag: S&P 500 Index
JetBlue launches hostile takeover bid for Spirit Airlines
JetBlue Airways launched a hostile takeover bid for Spirit Airlines, heating up a battle for the discount carrier that rebuffed JetBlue’s $3.6 billion offer earlier this month and stuck with an ...
Boeing Could Face Another Test on 787. Investors Need ‘D’ for Deliveries.
Text size An American Airlines Boeing 787-9 Dreamliner. Joe Raedle/Getty Images Boeing investors could use a bit of good news, but they don’t seem to be getting any. The latest is the assertion that t...
Fed Hawkishness May Be Near Its Peak, Even if Inflation Isn’t
Fed Chairman Jerome Powell, shown earlier this month at his postmeeting press conference, says the price pressures need to be reined in even at the expense of economic pain. But how far is he willing ...
How to buy stocks on the brink of a bear market
It seemed like everyone was in a buying mood on Friday, except Elon Musk. The Dow Jones Industrial Average broke a six-day losing streak, the Nasdaq Composite turned in its second positive session in ...
Phillips 66, Electronic Arts, and 5 More Companies That Raised Their Dividend
Text size Phillips 66 raised its stock dividend this week. David Paul Morris/Bloomberg Phillips 66 , Cardinal Health , and Electronic Arts were among the U.S. companies that declared dividend increase...
It Might Not Be Time to Buy Stocks Yet. This Technical Analyst Sees the Market Going Even Lower.
Text size Michael Nagle/Bloomberg The major U.S. stock market indexes have lost roughly 12% to 25% this year, a painful setback after two years of gains. Time to buy? Not so fast, based on a technical...
Apple Stock Has Broken Down. That’s Bad for the Market.
Text size Apple’s flagship store in Beijing is closed to prevent the spread of Covid-19. Kevin Frayer/Getty Images Apple stock has broken below a key level. That’s an ominous sign for the broade...
GM and Ford Get Double Downgrades to Sell. Wells Fargo Sours on EVs.
Text size Ford F-150 Lightning electric truck Courtesy of Ford The auto industry is all-in on electric vehicles. Wells Fargo isn’t so sure that’s a great idea. Wednesday evening, analyst Colin Langan ...
Bitcoin Is Finally Breaking. Why That’s Good News for the Stock Market.
Text size Bitcoin, Ether, and other cryptos have plunged in the past week. Stocks have suffered, too. Dreamstime A cryptocurrency crash has already wiped out $600 billion in digital asset market value...
Buy GM Shares, But Not Ford or Tesla. Here’s What One Analyst Says.
Text size GM looks to be the preferred U.S. auto maker pick among Wall Street analysts, with about 85% of analysts covering the stock rating it a Buy. Justin Sullivan/Getty Images Investors are bearis...
April’s consumer price index report expected to show inflation has already peaked
Shoppers inside a grocery store in San Francisco, California, U.S., on Monday, May 2, 2022. David Paul Morris | Bloomberg | Getty Images April’s consumer price index report is expected to show ...
How Apple Stock Could Save the S&P 500 From a Bear Market
Text size Apple has outperformed the S&P 500 for the entire year. Michael M. Santiago/Getty Images The S&P 500 looks like it can fall into bear market territory. There is a good chance that wo...
No Value Levels Increases The Downside Risk For The S&P 500
(Photo by Bryan R. Smith / AFP) AFP via Getty Images The S&P 500 Index (SPX) failed to hold its annual pivot at 4,383 at the open on April 22, which I viewed as a sell signal. New 2022 lows are be...
Is Red-Hot Inflation Cooling Off? 3 Signs That Show It Is.
Text size Expectations for inflation are critical to how fast the Fed raises interest rates. Frederic J. Brown/AFP via Getty Images Good news about inflation is bubbling up even as the Federal Reserve...
The Stock Market May Look Volatile, but the S&P 500 Has Seen Worse. Way Worse.
One out of every six trading days has closed with a gain or loss of 2% or more for the S&P 500 so far this year. Spencer Platt/Getty Images Text size The stock market is getting jittery in 2022, a...
Stocks Nearly Entered a Bear Market. What History Says Happens Next.
Text size Everything in the markets seemed on the verge of collapse this week. NYSE It’s the moment of truth for stocks—and investors might not enjoy what comes next. For a moment this past week, the ...