Tesla Robotaxi Next After Huge Elon Musk Pay Deal; BYD In Buy Zone As Sales Rev
Elon Musk won his pay deal, again, with a robotaxi event ahead. BYD is above a buy point as new 1,300-mile EVs buoy demand.
Elon Musk won his pay deal, again, with a robotaxi event ahead. BYD is above a buy point as new 1,300-mile EVs buoy demand.
We are seeing a new phase in the electric vehicle market in 2024. While sales continue to grow, they are growing slower than expected. Early adopters remain committed to their E.V.s, but mass market...
New details have been revealed after a man was dragged 100m down a road in a shocking road rage accident that left him dead on the street.
Nvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
Negative gearing can help get you a tax cut this year, and every year moving forward.
A man has been charged over an alleged road-rage incident when police say a 27-year-old driver was dragged 100m down a street before dying at the scene.
Nvidia (NVDA) dropped slightly on Thursday afternoon. CapWealth founder and chief investment officer Tim Pagliara joins Market Domination Overtime to give insight into Nvidia's recent performance and key concerns for the tech giant and its customers. Pagliara explains that a "better bet" than Nvidia is to invest in the companies that provide the supporting infrastructure for AI: "I mean, no one really talks about it, but a Google search today compared to a Google search with AI takes 10 to 15 times as much energy, and that hasn't really hit the market yet. And so I see energy companies, GE Vernova (GEV) as an example, as really benefiting from that. So you can make money around the edges in a more sustainable long-term way because our utility, industry, our grid, all of that needed upgrading anyway." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Nicholas Jacobino
Housing starts and building permits data for May came in below expectations as mortgage rates continue to remain high. Pulte Capital CEO Bill Pulte and S&P Global Ratings Homebuilders Director Maurice Austin join Morning Brief to discuss the state of the housing market and its relationship to ongoing rate pressures. "I think it's a little bit of a speed bump. The housing market is very strong. It continues to be very strong," Pulte explains. He notes that big home builders — such as PulteGroup (PHM), which his family originally founded — are in a good position as they "have a balance sheet, have access to the mortgage bond market and, frankly, are taking market share right now." As the market awaits an interest rate cut from the Federal Reserve, Pulte adds that a cut will "dramatically increase" the price of homes. With more people being able to afford mortgages, demand could skyrocket, creating an affordability issue. Austin adds, "What we've seen is the level of sales incentives remain elevated, and they will continue to be so as long as rates stay higher for longer, which ultimately could lead to negative profitability on the homebuilder side." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
Limited to 250 examples, the most powerful model in the marque’s history features an instrument cluster inspired by the finest Swiss horology.
Banks issue rewards credit cards for all kinds of spending categories, from flights, hotels, rental cars and entertainment to groceries, dining, warehouse clubs and e-commerce. With all of the various...
Bitcoin (BTC-USD) has had a breakout year in 2024, rallying off of a long slump on the Securities and Exchange Commission's (SEC) approval of spot bitcoin ETF products. Now, the crypto community is watching intently on the SEC's next pending decision: approving a spot ether ETF tied to ethereum futures (ETH-USD). Swan Bitcoin Chief Investment Officer Raphael Zagury comes onto Market Domination Overtime to discuss the outlook on these prominent cryptocurrencies, also commenting on what the 2024 US presidential race could mean for the crypto space and the likelihood of an ether ETF. "If you look where we are right now in terms of volatility, volatility is fairly low. We're in the 5% I would say bottom decile in volatility times," Zagury says. "And I think the good news, if the past is any guidance of what could happen in the future, is that periods of very low volatility in bitcoin tend to have offside periods of return, if you look 60, 90 days ahead. But short term, a lot of things can happen in the short-term, traders control the price..." For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Luke Carberry Mogan.
Inflation, high costs of living and soaring rates have all put a dent in many Americans' savings. And in some locations across the country, the toll on consumers' finances is further aggravated by the...
Interest rate hikes are kicking in today and customers are being urged to do a credit card “health check”.
This drop comes after the business lost $327m in their first quarter as a publicly-traded company
Ever wanted to own a Mexican fast food business? Well now you can, with burrito giant Guzman y Gomez going public today in a bid to take on kingpin McDonald’s.
(Bloomberg) -- Nvidia Corp.’s run as the world’s most valuable company didn’t last long.Most Read from BloombergAt Blackstone’s $339 Billion Property Arm, the Honeymoon Is OverCar Dealers Reel From Cyberattack on $1.2 Trillion MarketCDK Tells Car Dealers Their Systems Will Likely Be Down for DaysUnited Airlines Jet Turns Back After Engine Piece Falls OffCar Dealerships Across US Halt Services After CyberattackShares of the semiconductor giant have fallen more than 6% in the last two days, erasin
The measure would target large-engined petrol vehicles imported from the European Union.
The Denver-bound flight was carrying 124 passengers
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
Over the past week, the United Kingdom stock market has remained stable, while it has experienced a growth of 6.1% over the past year with earnings expected to grow by 13% annually. In such an environment, companies like Volex that combine significant insider ownership with strong growth prospects may appeal to investors looking for aligned interests and potential resilience.
As the Swiss market experiences modest fluctuations, with the SMI showcasing slight gains amidst cautious investor sentiment ahead of key policy announcements, it becomes increasingly important to spotlight characteristics that might hint at resilience and potential growth. In this context, companies with high insider ownership often suggest a commitment from those who know the business best, potentially aligning well with investors looking for stability in uncertain times.