Malte Mueller/Getty Images The S&P 500’s recent sell-off is actually a sign the bull market is here to stay, according to Ken Fisher. Bear markets don’t typically start with a sharp correction, the market veteran told Fox Business Network. Investors may be too “fixated” on negative catalysts, like higher inflation, he added. The recent sell-off […]
(Bloomberg) — Lithium Americas Corp.’s stock plunged the most on record after agreeing to sell 55 million shares at a deep discount. Most Read from Bloomberg Shares of the lithium explorer fell as much as 27% to $4.82 as of 9:31 a.m. in New York, its lowest price since the end of February. Lithium Americas […]
In a typical year, most of Lindsey Hernandez’s students would know by now where they were going to college next year. But for high school counselors across the country, this year has been anything but typical. Delays and technical glitches have plagued the rollout of the newly redesigned federal financial aid application, holding up the […]
Donald Trump (left) and a phone displaying his social media app, Truth Social.Brandon Bell/Christoph Dernbach/Getty Images The crash of Trump Media stock has rattled some Truth Social users. Some on the social media site have claimed the company’s stock has been artificially devalued. Shares of Trump Media are down about 30% in the last week. […]
(Bloomberg) — Tesla Inc. is slashing prices of its best-selling vehicle in a bid to clear its biggest-ever stockpile. Most Read from Bloomberg The company is marking down Model Y sport utility vehicles it has in inventory, with the rear-wheel drive version going for $4,600 less than the cost to custom order the sport utility […]
I recently had a layover at the Minneapolis-Saint Paul airport on my way to visit my parents in Oregon, so I stopped at McDonald’s for a quick bite. Rather than being greeted by a human cashier, I was met with a hall of self-serve kiosks, where I placed my order and paid for it. Expect to […]
I recently had a layover at the Minneapolis-Saint Paul airport on my way to visit my parents in Oregon, so I stopped at McDonald’s for a quick bite. Rather than being greeted by a human cashier, I was met with a hall of self-serve kiosks, where I placed my order and paid for it. Expect to […]
(Bloomberg) — Not content with unseating Tesla Inc. as the world’s top-selling electric car maker, BYD Co. has now set its sights on stealing customers from the likes of Toyota Motor Corp. and Volkswagen AG in one of the most aggressive rounds of discounting seen in China’s bruising price war. Most Read from Bloomberg The […]
peshkov/Getty Images Stocks look like they’re in the most extreme bubble in history, investor John Hussman said. The legendary investor thinks stocks look as overvalued as they were in 1929 and in 2021. That means the market could be at risk for a steep correction, he said in a recent note. Stock valuations look as […]
By Mimosa Spencer PARIS (Reuters) -Kering’s shares slumped on Wednesday after the French luxury goods company warned that first quarter sales at its star label Gucci would drop by around 20% due to weakness in Asia. Kering shares were down by around 13 percent in early session trading, dragging down the stock prices of other […]
PAROWAN, Utah (ABC4) — Two hikers were rescued at Valentine Peak Wednesday after being found hundreds of feet off the trail in steep terrain. At approximately 4 p.m. on Wednesday, March 13, Iron County Search and Rescue responded to the trail to search for the hikers, the SAR team said. An Iron County Sheriff‘s deputy […]
The stock market has the perfect setup for a steep correction, Michael Gayed warned. The portfolio manager pointed to three warning signs flashing in the market. “I still think we’re all in a lot of trouble,” Gayed wrote. “All bubbles end.” The market is looking like it’s in the “perfect setup” for investor panic and […]