Tesla’s April sales volume in Europe showed something important: Growth. Tesla stock was down 2.6% in early trading Wednesday at $181.72, while the was little changed and the was down 0.1%. The drop comes after news the electric vehicle maker sold 11,254 cars in the European Union last month, up about 3% year over year, according to the European Automobile Manufacturers’ Association.
Negative gearing can help get you a tax cut this year, and every year moving forward.
Most retirees live on a fixed income, so they look for ways to cut down on expenses and save money. This isn't always easy to do, especially if you already feel like you're living with the least...
Nvidia's record-breaking surge, which catapulted it to the title of world's most valuable public company, was set to continue.
(Bloomberg) -- The Euro Stoxx 50 Index was always the preferred choice for investors looking for a regional hedge. That’s starting to change.Most Read from BloombergWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanCar Dealerships Across US Halt Services After CyberattackNvidia’s 591,078% Rally to Most Valuable Stock Came in Waves‘I Live in Hell’: Anti-Growth Fervor Grips US South After Pandemic BoomNvidia Becomes World’s Most Valuable Company as AI Rally Steams AheadIn the m
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
Key Insights The projected fair value for Orora is AU$3.14 based on 2 Stage Free Cash Flow to Equity Orora's AU$1.97...
ANALYSIS: The company’s rise reveals the the underpinnings of today’s AI explosion, writes Anthony Cuthbertson
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...
(Bloomberg) -- SoftBank Group Corp. founder Masayoshi Son declared he’s ready to swing for the fences when he makes his next big tech bet, suggesting the Japanese conglomerate is on the cusp of making a major investment in AI.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackCDK Tells Car Dealers Their Systems Likely Offline Several DaysPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderUnited Airlines Jet Turns Back After Engine Piece Falls OffHedge F
The future of an Aussie online retailer looks uncertain after it halted trading on the Australian Stock Exchange.
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.
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.
(Bloomberg) -- Dell Technologies Inc. shares rose on Thursday after Chief Executive Officer Michael Dell said the company is building a “Dell AI factory” for Elon Musk’s startup xAI alongside Nvidia Corp. Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackCDK Tells Car Dealers Their Systems Likely Offline Several DaysPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderUnited Airlines Jet Turns Back After Engine Piece Falls OffHedge Fund Talent Schools Ar
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.
Calling Elon Musk a polarizing figure might be an understatement. The Tesla CEO has built multiple billion-dollar companies and made his investors incredibly wealthy. He's also threatened to...
Bank decision on interest rates comes a day after inflation fell to 2%
We recently published a list Forget Magnificent 7: Analysts are Talking About ‘Big 10’ AI Stocks in 2024. Since NVIDIA Corp (NASDAQ:NVDA) ranks 4th in the list, it deserves a deeper look. When the AI revolution started with the launch of ChatGPT, investors started pouring money into a handful of companies that are leading AI technology […]
We recently published a list of Jim Cramer Latest Portfolio: 10 Best Stocks to Buy. Since Nvidia Corp (NASDAQ:NVDA) ranks 1st on the list, it deserves a deeper look. Jim Cramer in his latest program talked about discipline during short-term market rallies and emphasized the importance of knowing when to take some profits off the table […]
Interest rate hikes are kicking in today and customers are being urged to do a credit card “health check”.
(Bloomberg) -- China set the yuan’s daily reference rate at its weakest since November in a sign policymakers are loosening their grip on the currency.Most Read from BloombergCar Dealerships Across US Halt Services After CyberattackPutin’s Hybrid War Opens a Second Front on NATO’s Eastern BorderHedge Fund Talent Schools Are Looking for the Perfect TraderWhat to Know About the Deadly Flesh-Eating Bacteria Spreading in JapanManchester United’s Jim Ratcliffe Fears for Future of Premier LeagueThe Pe
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