Elon Musk is not a Chief Executive Officer like the others. Tesla's boss is atypical. The billionaire did not hesitate to relaunch the showdown with the U.S Security and Exchange Commission (SEC) despite a 2018 settlement with the regulator.
The stock market is often a game in reverse psychology. That is, when the mood gets too euphoric, it’s often a sign it is time to sell. Likewise, when sentiment hits the skids, that could be the ultimate signal the time is right to load up the truck. And on that subject, J.P. Morgan’s Marko Kolanovic thinks we are at – or at least near – the bottom. The firm’s global market strategist believes the Fed’s hawkish stance has left stocks “very oversold,” and while inflation remains persistently high
(Bloomberg) -- Pakistan’s small textile mills, which make products ranging from bedsheets to towels mainly for consumers in the US and Europe, are starting to shut after devastating floods wiped out its cotton crop.As many as 100 smaller mills have suspended operations due to a shortage of good quality cotton, high fuel costs, and poor recovery of payments from buyers in flood-hit areas, said Khurram Mukhtar, patron-in-chief of the Pakistan Textile Exporters Association. Larger firms, which supp
The bear market in software stocks has already lasted far longer than the typical decline, according to MoffettNathanson,
Buy and hold forever? Not always.
Futures rise with the bear market at lows. Tesla deliveries hit a record in Q3, but fell well short of Q3 views. China EV makers reported too.
The stock market sell-off of 2022 led to a sharp decline in the value of some high-profile names that once traded at (or near) the eye-popping market cap of $1 trillion. Tesla (NASDAQ: TSLA) and Meta Platforms (NASDAQ: META) are two big tech names that became trillion-dollar companies before the broad market sell-off dented their market caps significantly. Tesla, for instance, currently has a market cap of $840 billion.
(Bloomberg) -- A crisis of confidence in the outlook for the UK’s finances was the latest trigger for risk aversion, helping drag the S&P 500 Index to an almost two-year low. Yet with investor sentiment in the gutter and the Bank of England vowing to open the checkbook to prop up its bond market, could another equities bear-market rally be in the cards?Julian Emanuel says so. The chief equity and quantitative strategist at Evercore ISI joined the “What Goes Up” podcast to talk about how he’s mak
The Bank of England has been liaising with Swiss authorities after an attempt by Credit Suisse to calm nerves instead stoked fears of further turbulence in the financial system.
MarketWatch Picks has highlighted these products and services because we think readers will find them useful; the MarketWatch News staff is not involved in creating this content. Since the start of the year, mortgage rates have been trending upwards — and according to many experts, this trend will likely continue through October. Echoing that sentiment, Kate Wood, home expert at NerdWallet, says interest rates for 30-year fixed-rate loans appear to be staying over 6% and products like the 15-year fixed and the 5-year ARMs are averaging over 5%.
TikTok plans to bring its live shopping "TikTok Shop" feature to North America using outsourced technology.
Tesla delivered about 344,000 vehicles in the third quarter. That fell short of Wall Street estimates. Tesla blamed cars in transit.
Wharton professor Jeremy Siegel rips the Fed in a Yahoo Finance Live interview.
(Bloomberg) -- The relentless plunge in China’s stocks has burnished the appeal of their biggest emerging-market rival India, spurring a divergence that’s rarely been seen before. The MSCI India Index rallied almost 10% in the just-ended quarter, compared with a 23% slump for the MSCI China Index. The 33-percentage point outperformance by the India gauge is the biggest since March 2000.Beijing’s Covid Zero pursuit, regulatory crackdowns and tensions with the West have led to a $5 trillion rout i
Whole-body EMS suits are the new big thing in fitness, but do they work?
If this indicator, which has called bear market bottoms before, is accurate, the stock market would have a lot further to fall.
Every investor in Altria Group, Inc. ( NYSE:MO ) should be aware of the most powerful shareholder groups. With 60...
Billionaire Richard Liu, founder of one of China's largest e-commerce platforms JD.com, has settled a civil suit brought by former University of Michigan student Liu Jingyao, who had accused him of rape. The suit was part of a long-running legal battle between Richard Liu and Liu Jingyao, who was a 21-year-old student in 2018 when she said Richard Liu raped her after an evening of dinner and drinks. A statement from the lawsuit's parties, and provided to Reuters by JD.com, said: "The incident between Ms. Jingyao Liu and Mr. Richard Liu in Minnesota in 2018 resulted in a misunderstanding that has consumed substantial public attention and brought profound suffering to the parties and their families."
The recent price decline of 7.8% in The Boeing Company's ( NYSE:BA ) stock may have disappointed insiders who bought...
The "three stocks to avoid" in my column last week that I thought were going to lose to the market -- Cracker Barrel Old Country Store (NASDAQ: CBRL), Rite Aid (NYSE: RAD), and Lennar (NYSE: LEN) -- fell 6%, 29%, and 3%, respectively, averaging out to a 12.7% decline. The country's most valuable company by market cap -- the only one currently perched above $2 trillion in value -- proved mortal last week.