Allegiant (ALGT) expects third-quarter revenues to increase 27.5% from the third-quarter 2019 actuals.
Katie Lagrone reporting on the aftermath of Hurricane Ian
Chris Donovan, who also has a house in Walpole, was inside his Fort Myers Beach home as Category 4 Hurricane Ian battered Florida's southwest coast.
AccuWeather's Kim Leoffler was with a volunteer boat captain on Sept. 30 when he came to the aid of a dog that was alone in a flooded house.
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
Tesla vehicle deliveries rebounded strongly in the most recent quarter, though the record figure was short of Wall Street’s forecasts and leaves the company requiring a further increase in the final three months of 2022 to meet annual growth objectives. Tesla on Sunday said it had delivered 343,830 vehicles to customers in the three-month period ended in September, up from about 255,000 in the prior quarter that was dented by a temporary shutdown of its factory in China. Deliveries were up roughly 42% from last year’s third quarter, when Tesla handed over 241,000 vehicles.
If this indicator, which has called bear market bottoms before, is accurate, the stock market would have a lot further to fall.
The bear market in software stocks has already lasted far longer than the typical decline, according to MoffettNathanson,
Buy and hold forever? Not always.
September more than lives up to its reputation as an ugly month for stocks. Here's what the data says about October performance.
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.
This has not been a good time for Ford (NYSE: F) stock; its price is down nearly 44% year to date as bad feelings have taken hold among analysts. Ford expects its third-quarter inflation-related supplier costs to run $1 billion higher than expected as a number of high-margin trucks and SUVs, with missing components due to supply shortages. Menawhile, Ford president Jim Farley has reorganized his executive lineup once again.
One of the biggest advantages of Social Security is that its payments get annual cost-of-living adjustments (COLAs). 2022's COLA boosted benefits by 5.9% this year, and early estimates make it likely that the COLA that will take effect in early 2023 will be between 8% and 9%. What's even better news is that, unlike in 2022, many Social Security recipients are more likely to see the full amount of their cost-of-living adjustment actually hit their bank accounts.
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%.
Every investor in Altria Group, Inc. ( NYSE:MO ) should be aware of the most powerful shareholder groups. With 60...
Semiconductor stocks have tumbled in recent months amid flagging demand, with the S&P Semiconductors Select Industry Index dropping 36% year to date. Bank of America analysts recently discussed their favorite choices in the sector.
Futures loom 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.
It's a tough S&P 500 stock market to make money on. But some investors are still finding a way to do it.
Tech stocks have taken the brunt of the stock market sell-off in 2022. That's creating an opportunity to buy these two tech stocks at cheap valuations. In this video, I highlight why Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Chegg (NYSE: CHGG) are the two top tech stocks to buy in October.
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.