What Makes a Stock Recession-Proof?
Businesses that perform well in a struggling economy are what investors should be looking for right now.
Businesses that perform well in a struggling economy are what investors should be looking for right now.
Less than a month after drastically lowering the prices of its vehicles, including the very popular Model 3 and Model Y, Tesla has just changed its policy. The base price of the Model Y Long Range is now $54,990, up from $53,490 a few hours ago. The base price of Model Y performance increased by 1.75% to $57,990 against $56,990 on Feb. 3.
This is a TikTok challenge you don’t want to get behind.
Americans born in the postwar boom are entering their golden years. Despite the financial success of their careers, a disturbing number aren’t prepared for the financial challenges ahead.
Shares of C3.ai (NYSE: AI) rocketed 77.4% higher in January, according to data from S&P Global Market Intelligence. The artificial intelligence (AI) enterprise software provider is seeing increased enthusiasm from investors due to the hype around the new AI chatbots released by companies like Open AI. The company also just announced a partnership to integrate AI language models from companies like Open AI and Google into C3.ai's software applications, which investors took as a positive sign for the stock.
The market has signaled it's no bear rally. But has a pullback already begun? A jury found Tesla CEO Elon Musk not liable for 2018 "funding secured" tweets.
Yes, there's math. No, it's not that hard.
"The U.S. equity market remains undervalued, albeit much less undervalued than at the beginning of the year," he wrote in a commentary. As of Jan. 31, a composite of the 700-plus stocks listed on U.S. exchanges and covered by Morningstar indicated the market was 10% undervalued. "However, while we view the broad markets as undervalued for long-term investors, in the short term, we think the easy returns are behind us," Sekera said.
Are you prepared for “extraordinary measures”?
Elon Musk's electric vehicle manufacturing company Tesla remains the U.S. leader in EV production and sales and has grand plans to ramp up production of its vehicles by the end of the decade. Tesla set a record in producing 1.37 million of EVs in 2022 and delivering 1.31 million, but Musk and the company are not satisfied with that volume. Tesla's four EV manufacturing plants located in the U.S, China and Germany currently have a combined 1.9 million units vehicle capacity, but will have to crank up development of several new manufacturing plants if it plans to reach Musk and Tesla's goal of producing 20 million EVs by 2030.
Anthropic emphasizes A.I. safety and includes leaders who left OpenAI over worries it was prioritizing business concerns.
My goal is to grow my passive income from dividends and other sources to eventually cover my expenses. Two dividend stocks I can't wait to buy this month are Energy Transfer (NYSE: ET) and Clearway Energy (NYSE: CWEN.A)(NYSE: CWEN).
The 99-year-old investing legend has spoken.
These names have joined the ranks of the world's most elite dividend growth companies as Dividend Aristocrats and/or Dividend Kings.
The Denver company's stock has fallen nearly 75% in the past three years and its CEO resigned in December.
Shares of Bill.com Holdings (NYSE: BILL), the payments specialist for small and medium-sized businesses (SMBs), were taking a dive today after the company posted strong results in its fiscal second quarter but offered disappointing guidance for the current period. Bill.com, which is a software-as-a-service company that helps SMBs handle payments and back-office accounting, said core revenue rose 49% in the quarter, and total revenue jumped 66% to $260 million, which beat estimates at $243.5 million. CEO Rene Lacerte said, "We delivered strong second-quarter results and achieved another quarter of non-GAAP profitable growth as we executed on our strategy to be the essential financial operations platform for SMBs."
These two semiconductor investors are back to discuss some significant tailwinds for various chip stocks.
Tesla has reversed course on price cuts to its Model Y line this month after the U.S. Treasury announced loosened restrictions on electric vehicle credits.
Shares of fiber optics company Clearfield, Inc. (NASDAQ: CLFD) fell as much as 15.2% in trading on Friday after reporting fiscal first-quarter 2023 financial results. Revenue was up 68% from a year ago to $85.9 million, and net income rose 37% to $14.3 million, or $1.00 per share. What got investor attention was backlog falling 17% from just a quarter ago to $136 million, which management said was in large part due to a return to normal ordering patterns.
On Wednesday afternoon Federal Reserve Chairman Jerome Powell said over and over again: We’re not done raising interest rates. Wall Street didn’t listen. January’s blowout jobs report, posted Friday morning, showed nonfarm payrolls rose by nearly three times as much as economists had been expecting.