Movers & Shakers First Republic Shares Pop Tesla S Stock Boosted by Credit Rating Upgrade while First Majestic Shares Slide As Nevada Mine Activities Halted
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Tesla shares slide to 15-month low ahead of earnings, as Wall Street frets over price cuts, layoffs
Tesla's stock dropped for a seventh straight day on Monday, ahead of a highly anticipated earnings report from the electric vehicle company.CNBC - Business - Tesla -
Novartis shares jump as drugmaker boosts outlook
Novartis shares rallied on Tuesday as the Swiss drugmaker raised its outlook for the year after seeing strong demand for heart and psoriasis drugs.MarketWatch - Business -
Pulte cites housing shortage boost, shares rise
Home builder beats estimates and grows its backlog to $8 billionMarketWatch - Business -
Tesla shares tumble below $150 per share, giving up all gains made over the past year
Tesla’s stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyersABC News - Tech - Tesla -
Tesla’s stock remains under pressure as company cuts prices for many models
Tesla cut prices for many of its vehicles in the U.S., China and Europe over the weekend amid slumping sales.MarketWatch - Business -
U.S. Mortgage Rates Jump Above 7% for the First Time This Year
Rates on 30-year mortgages — the most common kind among U.S. homeowners — surpassed the 7 percent mark on Thursday, a troublesome sign for an already tight housing market.The New York Times - Business - Mortgage -
2024 NFL Draft rumors: Steelers love this first-round prospect, may not let him slide past No. 20 overall
Pittsburgh could be targeting a weapon for its new quarterbacksCBS Sports - Sports - NFL -
FTSE 100 hits record high as shares rise amid hopes of interest rate cuts
UK’s blue-chip index reaches 8,076, surpassing previous high of 8,047 in February 2023. Comment: FTSE is still an international laggardWhat’s behind the FTSE 100 record high?Business live – latest updatesThe UK stock market hit a record high on ...The Guardian - World -
Ford shares surge on Tesla's EV price cuts as the legacy automaker falls back on its roots
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
AMC stock continues rally as movie-theater chain updates credit strategy
AMC shares are up four of the past five days.MarketWatch - Business -
Jim Cramer ranks first-quarter earnings from 6 major U.S. banks. Our portfolio stocks fared well
Club names Morgan Stanley was No. 1 and Wells Fargo was No. 3, according to Jim Cramer's analysis.CNBC - Business -
Verizon’s stock heads for first post-earnings drop since 2022 despite subscriber beat
Verizon lost fewer net postpaid phone subscribers than expected in the latest quarter, as consumer gross additions ticked up and churn improved.MarketWatch - Business -
US advances review of Nevada lithium mine amid concerns over endangered wildflower
The Biden administration has taken a significant step in its expedited environmental review of what could become the third lithium mine in the U.S. That's assuming it can withstand anticipated legal challenges from conservationists who fear it ...ABC News - Tech -
S&P 500 Climbs With Tesla Earnings in the Spotlight
Stocks were making gains after a slew of household names released earnings.The Wall Street Journal - World - Tesla -
How much Americans in their 40s have in their 401(k)s—and how to boost it
Although many Americans in their 40s are getting closer to retirement age, they don't have much saved. Here's how to get on track.CNBC - Business -
Spotify’s stock gains as monthly active users fall short but margins improve
Spotify had 615 million monthly active users for the first quarter.MarketWatch - Business -
U.K. Flagship FTSE 100 Index Hits Fresh Record High
The U.K.’s FTSE 100 opened at an all-time high as weakness in the pound and easing geopolitics boosted the performance of the blue-chip index.The Wall Street Journal - World - United Kingdom -
Tesla and Li Auto are in an intensifying price war in China, undercutting each other as sales of electric and hybrid vehicles there surpassed those of traditional cars for the first time.
Tesla and Li Auto are in an intensifying price war in China, undercutting each other as sales of electric and hybrid vehicles there surpassed those of traditional cars for the first time.The Wall Street Journal - World -
These investments will boost your net worth more than any growth stock
Why value stocks with low P/E ratios deliver long-term.MarketWatch - Business -
JetBlue’s stock slides 10% premarket as Q1 loss widened significantly, CEO warns on full year
The airline’s first-quarter loss widened significantly from a year ago.MarketWatch - Business -
Who Doesn’t Want to Be a Traitor?
Reality stars and other people with some degree of fame are making no secret of their hopes to join the next cast of the hit show “The Traitors.”The New York Times - Lifestyle -
Scottish Greens to vote on power-sharing deal with SNP
Environmental party reconsiders its future in government after climate targets are ditchedFinancial Times - World -
Shares of Walmart-backed Ibotta soar on public debut
Shares of Ibotta, a Walmart-backed digital company that offers customers cash-back rewards and rebates on grocery brands ranging from Nestle to Coca-Cola, rose 17% in their Wall Street debutABC News - Tech -
U.S. Stocks Rise As Tech Leads Rebound
Technology shares drove broad gains to kick off a busy week of earnings and economic data.The Wall Street Journal - World -
Tesla slides 3%, Li Auto sinks 8% as EV makers slash prices amid fierce competition
Tesla shares sank 3%, while China's Li Auto hit an 11-month low after both companies slashed prices of their electric vehicles in China.CNBC - Business - Tesla -
Italian Bonds Marginally Outperform Bunds After S&P Affirms Rating, Outlook
Italian BTPs marginally outperformed Bunds in early European trade after S&P affirmed Italy’s BBB rating and stable outlook.The Wall Street Journal - World -
Meet the Tesla Diehards Sticking With the Stock Despite Its Disastrous Year
Stakes are high for the electric-vehicle maker going into Tuesday’s quarterly earnings report.The Wall Street Journal - World -
Meet the Tesla Diehards Sticking With the Stock Despite Its Disastrous Year
Stakes are high for the electric-vehicle maker going into Tuesday’s quarterly earnings report.The Wall Street Journal - World -
Tesla Stock Drops Premarket Following Car Price Cuts
The electric-vehicle maker’s stock fell more than 3.5% in premarket trading. The decline reflects an array of problems, including cooling sales and growing competition from Chinese car makers.The Wall Street Journal - World - Tesla -
A Friend of Obama Who Could Soon Share the World Stage With Trump
After Britain’s next election, David Lammy is likely to be foreign secretary. He’s setting out a “progressive realist” policy — and forging ties on the U.S. right, just in case.The New York Times - World - Donald Trump -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Consulting firms step up efforts to push out their low performers
McKinsey’s mid-year reviews are the latest attempt to increase ‘attrition’Financial Times - Business -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
TSMC Shares Fall After Downgrading 2024 Global Chip Outlook
Shares of Taiwan Semiconductor Manufacturing fell sharply as investors’ worries about the chip maker’s cautious outlook for the industry eclipsed its upbeat first-quarter financial results.The Wall Street Journal - Tech -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Debanking complaints to UK financial ombudsman surge
Thousands of customers take issue with accounts that have been frozen or closed and more cases have been upheldFinancial Times - Business - United Kingdom -
Larger properties drive UK asking prices to near-record high
Rightmove data comes against a backdrop of recent volatility in mortgage marketFinancial Times - Business - United Kingdom -
Lawsuit in London to allege Grindr shared users’ HIV status with ad firms
High court action will claim US owner allowed access to app users’ private information in breach of UK law. Grindr faces the prospect of legal action by hundreds of users who will allege that the dating app shared highly sensitive personal ...The Guardian - World