NIO Stock Is a Cautionary Tale for Tesla Shareholders

NIO Stock Is a Cautionary Tale for Tesla Shareholders

Electric vehicle maker NIO has been stuck in a range of roughly 10,000 monthly deliveries for almost a year. Courtesy Nio Text size Chinese electric vehicle maker NIO offers a cautionary tale for You’re here investors. What happened to its shares could happen to You’re here ‘s if volume growth at You’re here follows a … Read more

What the Fed’s biggest rate hike in decades means for the bear market in bonds

What the Fed's biggest rate hike in decades means for the bear market in bonds

Historically bad. That’s how the mammoth $53 trillion US fixed-income market has performed this year as the Federal Reserve works to curtail high inflation threatening to wreck the economy. To turbo charge the effort, the Fed on Wednesday fired off its biggest benchmark interest rate increase in nearly thirty years. But what does that mean … Read more

Battered Crypto Hedge Fund Three Arrows Capital Considers Asset Sales, Bailout

Battered Crypto Hedge Fund Three Arrows Capital Considers Asset Sales, Bailout

Cryptocurrency-focused hedge fund Three Arrows Capital Ltd. has hired legal and financial advisers to help work out a solution for its investors and lenders, after suffering heavy losses from a broad market selloff in digital assets, the firm’s founders said on Friday. “We have always been believers in crypto and we still are,” Kyle Davies, … Read more

Bear-Market Tips for Retirees: Stay Invested. Buy Dividend Stocks. Bank Online.

Bear-Market Tips for Retirees: Stay Invested.  Buy Dividend Stocks.  Bank Online.

With US stock markets falling into bear territory, investors should stay invested and not try to time the market. Johannes Eisele/AFP via Getty Images Text size Will the bear market inflict a bigger bite on retirees than younger investors? Not necessarily, experts say, as the duration of the average bear market is measured in months … Read more

Tesla’s ‘strong competitive advantage’ earns stock an upgrade

Tesla's 'strong competitive advantage' earns stock an upgrade

Tesla Inc. is set up well in both the short term and the long run, according to an RBC Capital Markets analyst, who just turned bullish on the stock amid its “favorable” positioning. RBC’s Joseph Spak upgraded electric vehicle maker’s stock TSLA, -6.56% to outperform from sector perform late Sunday, writing of the company’s “more … Read more

Earnings Are Under Threat, Another Blow to Sagging Stock Market

Earnings Are Under Threat, Another Blow to Sagging Stock Market

Stocks have fallen this year in the face of rising interest rates. With inflation showing little sign of cooling, many investors fear corporate earnings could be the market’s next support to fall. The S&P 500 has dropped 18% in 2022, its worst start to a year since 1962, as the Federal Reserve embarks on a … Read more

Fed will raise rates next week, but Powell remarks may matter most

Fed will raise raise rates next week but Powell may matter most

The week ahead may all come down to what Federal Reserve Chair Jerome Powell has to say at 2:30 pm ET Wednesday. Powell briefs the press following the central bank’s two-day meeting. The Fed is widely expected to raise its fed funds target rate range by a half percentage point, but hot May inflation data … Read more

Fed will raise raise rates next week but Powell may matter most

Fed will raise raise rates next week but Powell may matter most

Federal Reserve Chairman Jerome Powell speaks at a news conference following a Federal Open Market Committee meeting on May 04, 2022 in Washington, DC. Powell announced the Federal Reserve is raising interest rates by a half-percentage point to combat record high inflation. Win Mcnamee | Getty Images The week ahead may all come down to … Read more

May consumer inflation expected fiery hot as gas, food and rent rose

May consumer inflation expected fiery hot as gas, food and rent rose

Economists expect inflation in May continued to burn white hot, with energy, food, rent and health-care costs all rising. According to Dow Jones, economists expect the consumer price index rose 0.7%, up from 0.3% in April. On a year-over-year basis, that would work out to an 8.3% rate, the same pace as April. The ICC … Read more

Target and Microsoft may be just the beginning of a worrisome earnings trend

Target and Microsoft may be just the beginning of a worrisome earnings trend

Target is unlikely to be the only company with a bullseye on it during the upcoming earnings season. The retailer Tuesday warned for the second time in less than a month that its profits would take a hit from an inventory glut. The new guidance comes just days after Microsoft , in another high profile … Read more