Latest in Main Street Bump
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Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations
Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.Business - CNBC - November 7 -
S&P 500 in a ‘mania’ as stock-market rally overshoots, says Wall Street bear
One of Wall Street’s last remaining bears warned Thursday that the S&P 500 is approaching “mania” levels as stocks become more expensive, setting up the potential for a further surge in the near ...Business - MarketWatch - November 7 -
Rivian has Wall Street turning more cautious after mixed financial snapshot
A mixed quarter for the EV maker translated into more caution on Wall Street, which also mulled over the implications of the future Trump administration.Business - MarketWatch - November 8 -
Wall Street is bullish on one portfolio retail stock while raising concerns about another
We're talking about Home Depot and Best Buy.Business - CNBC - November 8 -
The Maga court: inside Donald Trump’s new White House
His first term was heavily reliant on the party establishment. The inner circle now includes several billionaires and is in tune with the ideas of the new rightBusiness - Financial Times - November 8 -
More companies than usual are downbeat on the end of the year — but Wall Street’s profit estimates are still strong
As Wall Street’s attention turns to the final three months of the year, more companies are downbeat, even as analysts remain upbeat about profit growth.Business - MarketWatch - November 10 -
AP PHOTOS: Revelers in costumes take to the streets of Germany to kick off carnival celebrations
Throngs of revelers in costumes took to the streets of Germany’s Carnival strongholds to celebrate the start of carnival season. Carnival celebrations in the Rhineland traditionally begin on the ...World - ABC News - November 11 -
Home Depot’s sales are improving, but it says consumers are still cautious about spending
Home Depot is mired in a sales slump as homeowners put off major projects.Business - CNBC - November 12 -
Hong Kong reporter says she'll sue Wall Street Journal for dismissal because of her union role
A former Hong Kong reporter of The Wall Street Journal says she'll sue the publication for sacking her because she joined a trade unionWorld - ABC News - November 12 -
Some Wall Street bankers to get fatter bonuses for the first time in three years: study
Investment bankers in debt underwriting may see bonuses jump by as much as 35%.Business - MarketWatch - November 12 -
Welcome to China’s underground raves, from street techno to quotes from Chairman Mao
By day, Xing Long works in an office for a state-owned company in Changchun, an industrial city in the northeastern rust belt of ChinaWorld - ABC News - November 13 -
Welcome to China’s underground raves, from street techno to quotes from Chairman Mao
By day, Xing Long works in an office for a state-owned company in Changchun, an industrial city in the northeastern rust belt of ChinaEntertainment - ABC News - November 13 -
Roger Penske adds Long Beach street race to portfolio as he holds off F1 and NASCAR interest
Roger Penske has added the most prestigious street race in North America to his portfolio with the purchase of the Grand Prix of Long BeachSports - ABC News - November 14 -
Jane Street invested in start-up turning China’s noodle shop sales into securities
Micro Connect has amassed wealth of real-time data on China’s economy by financing small businesses in exchange for revenuesWorld - Financial Times - November 15