Shares of the self-driving truck technology company TuSimple are tumbling as investors weigh a surprise management change. Monday, TuSimple (ticker: TSP) said it has terminated CEO Dr. Xiaodi Hou beca...
Tag: $SPX
The S&P 500 can get to 4,150 before ‘reality sets in,’ says Morgan Stanley’s normally bearish top strategist
We’re almost through one of the most feared months of trading, which as it turns out, is set to deliver the best return for the Dow industrials since 1976, and best month since July for the S&P 50...
Adidas Bails From Yeezy. Why That Packs a Punch.
Times are tough at Adidas The German company has too much inventory and falling China sales. It’s slashed guidance, and earnings ran about half what Wall Street expected. The stock is down by more tha...
Why China’s party congress left investors feeling gloomy
Financial-market investors were craving economic policy guidance from the China’s Communist Party Congress, but when the ruling party wrapped up its twice-a-decade political gathering on Saturday to t...
Don’t Expect the Stock Market to Rally, Even if GOP Wins Control of Congress
The outcome of the midterm elections on Nov. 8 could disappoint investors, regardless of which party they support. According to Wall Street lore, stocks usually perform strongly following the midterms...
XPeng stock sinks toward 11th-straight weekly decline after Citi swings to bearish from bullish
Shares of XPeng Inc. XPEV, -6.39% sank 7.5% toward a record low in afternoon trading Friday, after Citi Research analyst Jeff Chung swung to bearish from bullish on the China-based electric vehicle ma...
Volkswagen and Porsche’s Earnings Don’t Make a Lot of Sense. The Numbers, Explained.
Text size Investors should ask themselves why Volkswagen is worth nothing when its stake in Porsche is backed out. AFP via Getty Images European auto makers Volkswagen and Porsche both reported third ...
The Dow soars, Big Tech tumbles: What’s next for stocks as investors await Fed guidance
The past week offered a tale of two markets, with gains for the Dow Jones Industrial Average putting the blue-chip gauge on track for its best October on record while Big Tech heavyweights suffered a ...
Opinion: A seasonal stock market trade that tends to be reliable begins Thursday
The stock market has broken through technical resistance, and as a result the rally is trying to extend itself. Specifically, the S&P 500’s SPX, +2.46% close above 3800 points was a strong technic...
Small-Cap Stocks Have Rarely Been So Depressed. 7 to Buy Now.
Longtime investor Nicholas F. Galluccio has seen his fair share of market turmoil, but one thing has remained constant over nearly four decades: a focus on finding small stocks with big prospects. Gal...
XPeng Stock Plunges After Rare Double-Downgrade
Shares for Chinese electric vehicle maker XPeng have just been hammered in 2022—and they dropped even more Friday after a once-bullish analyst said to sell the stock. Citi analyst Jeff Chung doubled-d...
Medtronic Is Doing a Spinoff. What It Means for Our Stock Pick.
Medical device maker Medtronic is spinning off two business units to try to drive higher growth. The market isn’t impressed. In theory, it should be. Spinoffs are supposed to streamline operations of...
‘We are facing a retirement crisis in our country,’ says head of TIAA, as ‘40% of Americans run the risk of running out of money’
“ ‘We are facing a retirement crisis in our country’” — Thasunda Brown Duckett, president and CEO of TIAA That’s CEO of TIAA Thasunda Brown Duckett, who oversees some $1.2 trillion of retirement asset...
Ford Earnings Are Coming. What To Expect.
Third-quarter results from Ford Motor are due after the close of trading Wednesday. They should tell investors something about the state of the U.S. auto industry. Wall Street is looking for third-qua...
Boeing’s Earnings Are Coming. This Is What to Watch.
Boeing has reported positive free cash flow in only one quarter in more than three years. Whether the company generated more than it burned through in the three months through September, and how much ...
Why investors are fleeing Chinese assets as Xi tightens grip on power
China’s top leader, Xi Jinping, secured a groundbreaking third leadership term on Sunday and introduced a new Politburo Standing Committee stacked with loyalists in a clean sweep not seen since the er...
Tesla Stock Falls. It’s All About China.
Electric vehicle maker Tesla cut prices in China, the largest market for new cars and electric vehicles on the planet. Investors are nervous. Tesla Chinese website on Sunday showed lower prices to buy...
Tesla Cuts Prices In China. Bears Are Likely to See Demand Problems.
Electric-vehicle maker Tesla looks to be cutting prices in China, the largest market for new cars and new electric vehicles on the planet. Trading Monday will give investors some idea of how the marke...
The Stock Market Had a Great Week, but It Hasn’t Gone Anywhere in a Month. Inside a Very Volatile Market.
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AMD lowered the bar for earnings, but there is still intrigue in one result
Advanced Micro Devices Inc. has already slashed expectations for its financial performance with a warning, but there is still some intrigue with the chip-maker’s earnings report. AMD AMD, +5.82% is sc...