Tesla has a new problem. U.S. inventories of its popular Model Y are ballooning because of tax-credit confusion. There is a solution to its electric-vehicle glut, though. Inventories of Model Y SUV ar...
Tag: SYND
Taiwan Semiconductor Braces for Downturn Despite Record Profit
Taiwan Semiconductor Manufacturing has reported a record net profit and beat analysts’ expectations for its fourth quarter but warned of waning demand in 2023. Taiwan Semiconductor (ticker: TSM), the...
China Is Opening Fast. Don’t Miss the Rebound for Stocks.
Chinese authorities’ abrupt pivot away from zero-Covid policies has been matched by the quick shift in investor sentiment about Chinese stocks from the bearishness of the past year. As the world’s sec...
Schwab Is Sending Out Settlement Checks. Here’s What to Know.
Clients of Charles Schwab ‘s robo-advisor have begun receiving distribution checks from a settlement the company reached with the Securities and Exchange Commission in summer 2022. Hundreds of thousa...
Several Top Rivian Executives Depart After Production Miss
Rivian Automotive the startup maker of electric trucks, has parted ways with several of its top executives after production targets were missed over the past year. Those who left include Randy Frank, ...
Mercedes and Other European Car Markers Are Aiming for Tesla
Mercedes-Benz Group more than doubled sales of battery electric vehicles this past year. That’s just a start. The company, and its European peers, want to sell a lot more. Tesla had better pay attenti...
Metropolitan Bank Is Fleeing Crypto. Bitcoin Investors Should Be Worried.
Metropolitan Bank Holding (ticker: MCB), one of the earliest banks to delve into digital assets, says it’s closing out the part of its business that catered to crypto firms. It’s a development that sh...
Coinbase, MicroStrategy and Other Crypto Stocks Fly. Why Gains Could Continue.
Shares in companies exposed to the cryptocurrency space tore higher on Monday. Many of these stocks are beaten down and widely bet against by traders, which means that gains could be accelerated throu...
Charles Schwab Stock Is Ready to Put 2022 Behind It. It’s Time to Buy.
It was a tale of two halves for Charles Schwab stock in 2022. This year is looking a whole lot better. Schwab (ticker: SCHW) finished last year off 1%. But there was a lot more action than that minusc...
The Stock Market Had a Great Start to 2023. Earnings Season Could Be a Problem.
Text size This coming Friday marks the start of fourth-quarter earnings season, with Jamie Dimon’s JPMorgan Chase helping to kick off the festivities. Ting Shen/Bloomberg Investors got their Goldilock...
Impatient Investors Need to Remember the Lessons of the Dot-Com Bubble
Text size Pedestrians pass in front of the New York Stock Exchange in New York. Growth and value tend to take turns leading the market, but the cycles often last years, not days, writes Michael Kops. ...
Brazil’s New President Sends Stocks Tumbling. Bonds Could Be a Buy.
Investors brimmed with optimism when Luiz Inácio Lula da Silva was elected Brazil’s president on Oct. 30, returning to power after two prior terms in 2003 to 2011. It didn’t last. The iShares MSCI Bra...
REITs May Feel Sting from Bed Bath & Beyond’s Woes
Bed Bath & Beyond ‘s problems may cause a headache for its landlords. Earlier this week the big box retailer warned there is “substantial doubt” it can continue. That was enough to send Bed Bath &...
Natural Gas Prices Are Coming Down. What to Expect for Energy Stocks.
The good news is that energy prices are coming down for households. The bad news is that energy stocks are feeling the pain. The best-performing sector in the stock market last year is finding itself ...
Snowflake Is a Great Cloud Stock to Buy on the Dip, Says Wells Fargo
Investors should buy Snowflake shares because companies are going to need the cloud-software data warehousing company’s services even as the economy slows down, Wells Fargo Securities says. On Friday,...
Exxon, Diamondback, and Coterra Stock Could Continue to Rally
U.S. energy stocks outperformed every other sector in the market in 2021 and 2022. That sets up a key test this year of the industry’s staying power. Not since 2010 has energy outperformed the broader...