Investors did not react positively to Dutch Bros (NYSE: BROS) stock following the release of the company's earnings report for the first quarter of 2022. For all of its problems, the rapid growth is continuing for Dutch Bros. Revenue came in at $197 million, rising 30% versus the first quarter of 2022. Despite rapid revenue growth, Dutch Bros reported a 2% decline in same-store sales.
Retiring at age 62 and filing for Social Security will reduce a person’s lifetime benefits by up to 30% compared to waiting until their full retirement age. However, a person with $2.5 million in a Roth IRA may feel more comfortable retiring at age 62, despite the impact that early retirement will have on their […] The post I Have $2.5 Million in a Roth IRA and Will Receive $2,500 Monthly From Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.
Dividend investing has always been popular, and for good reason. Dividend stocks offer a wide range of advantages for return-minded investors, but two of the most significant are a reliable income stream and an inflation-beating yield. Taken together, these advantages can form the base of a truly sound portfolio. The majority of dividend stocks pay out on a quarterly basis, but turning towards those with a monthly payment schedule allows investors to better plan their income streams to meet thei
Here's how much of the prize you would take home after taxes and five ways to invest your windfall.
The bulls took hold of the stock market narrative at the start of the year, and charged ahead all the way into mid-summer, but since then the bears have been rather noisy. On the back of rising oil prices, fears of interest rates staying high for longer than hoped for, and the possible prospect of a recession still looming, the markets have been shaky and have been handing back prior gains. However, against a backdrop of a ‘Goldilocks economy,’ i.e., “not too hot, not too cold… just right,” bill
Bitcoin beat history in September, which could bode well for its performance in the month ahead as cryptos start October on the right foot.
Solita Marcelli, chief investment officer for the Americas at UBS, reasons that gold's benefits as a safe haven remain intact.
California regulators are likely to significantly restrict the number of power lines the company can bury in the coming years in favor of other ways to reduce fire risk.
U.S. auto safety investigators have expanded a probe into Ford Motor Co. engine failures to include nearly 709,000 vehicles. The National Highway Traffic Safety Administration also said in documents posted Monday on its website that it upgraded the investigation to an engineering analysis, a step closer to a recall. The investigation now covers Ford's F-150 pickup truck, as well as Explorer, Bronco and Edge SUVs and Lincoln Nautilus and Aviator SUVs.
“I would like to start by formally stating, under oath: I f***** up,” wrote Sam Bankman-Fried, days after the implosion of FTX, the $36bn cryptocurrency exchange he founded.
**↘️** [**Tesla (TSLA)**](https://www.wsj.com/market-data/quotes/TSLA): The car maker's shares slipped 1.4% in morning trading after it reported vehicle sales that [fell quarter-over-quarter](https://www.
Today's top research calls for upgrade, downgrade and initiate on stocks, as compiled by The Fly.
The union has listed its assets and liabilities in the range of $1 million to $10 million, according to the Sept. 30 filing made in a San Francisco court. "While we have attempted numerous times to resolve the decade-long litigation with ICTSI Oregon, at this point, the Union can no longer afford to defend against ICTSI's scorched-earth litigation tactic", said ILWU International President Willie Adams.
Tesla delivers 435,059 units in the third quarter. Wall Street was looking for closer to 455,000 units.
(Reuters) -The U.S. bond market is calling a moment: the age of low interest rates and inflation that began with the 2008 financial crisis has ended. The market's view has come into sharp focus in recent days amid a dramatic run-up in 10-year Treasury yields that hit 16-year highs. Behind that move is a bet that the disinflationary forces the Federal Reserve fought with its easy money policies in the aftermath of the financial crisis have abated, according to investors and a regularly updated New York Fed model based on yields.
Tesla's summertime deliveries of electric vehicles surged 27% from last year but still fell below analyst projections as Elon Musk's car company navigated through softening customer demand as well as factory upgrades. Analysts had predicted Tesla would sell about 461,000 vehicles during the latest quarter, according to FactSet Research. As usual, Tesla's sales consisted primarily of its Model 3 and Model Y vehicles, which have been made even more attractive by rounds of price cutting that have eaten into the company's profit margins.
Interest rates are up. Americans spent 5.8% more in August than a year earlier, well outstripping less than 4% inflation. A tough housing market has more consumers writing off something they’d historically save for, while the pandemic showed the instability of any long-term plans related to health, work or day-to-day life.
Where do the alleged crimes of Sam Bankman-Fried stack up against history's biggest fraudsters?
SAN FRANCISCO (Reuters) -Electric-vehicle maker Rivian Automotive on Monday reported third-quarter deliveries above market expectations, as it ramped up production to meet a sustained demand for its pickup trucks and sport-utility vehicles (SUVs). The numbers from Rivian come amid concerns of softening demand for electric vehicles in the U.S. due to higher borrowing costs, which has prompted price cuts and discounts by rivals including Tesla. Rivian, which makes R1T pickup trucks and R1S SUVs, delivered 15,564 vehicles in the quarter ended Sept. 30, compared with Visible Alpha estimates of 14,740 vehicles and up 23% from the second quarter.
The chip maker's stock has almost tripled in value this year but has moved sideways in recent months. Citi analysts say the shares could receive a new push in the first half of 2024.
Evercore ISI analyst Chris McNally upgraded electric-truck maker Rivian to Buy from Hold. Deliveries were strong, too. Profit-takers may be at work.
