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‘King of debt’ Donald Trump needs to reassure the bond markets — now
Millions of investors are watching the value of their bond funds sag almost daily as concerns about the impact of Trump’s policies on the national debt grow.Business - MarketWatch - October 26 -
Elon Musk’s Tesla Just Reminded Everyone Who Dominates the EV Market
The automaker beat Wall Street’s earnings expectations and the Cybertruck achieved profitability.Business - Inc. - October 24 -
ServiceNow flirts with $200 billion market cap as AI momentum draws cheers
ServiceNow’s stock is on track for a record close Thursday following an upbeat earnings report.Business - MarketWatch - October 24 -
Oil prices end lower on progress toward Israel-Hamas cease-fire talks
Oil futures finished lower on Thursday, after comments from U.S. Secretary of State Antony Blinken suggesting progress toward Israel-Hamas cease-fire negotiations eased the risk of disruptions to ...Business - MarketWatch - October 24 -
This massive flooring company says the housing market will get better — next year
Mohawk Industries’ product mix has been hit by consumers trading down and by new construction outpacing higher-value remodeling.Business - MarketWatch - October 25 -
Tesla adds close to $150bn in market value on best day in over a decade
Car company sees biggest single-day stock gain since 2013 as CEO Elon Musk forecasts up to 30% in sales growth. Tesla shares closed up nearly 22% on Thursday – their biggest single-day gain in over ...World - The Guardian - October 24 -
Long-term asset funds: a new route to private markets?
UK catches up with the US retail market, but investors need to be aware of liquidity constraintsWorld - Financial Times - October 25 -
‘Trump Trade’ of Large Tariffs and Deficits Looms as Market Braces for 2024 Election
As investors have focused on the potential fiscal and economic impact of the Republican candidate’s proposals, yields on Treasury debt have risen.Business - The New York Times - October 25 -
Big Tech Carries the Entire Stock Market — and Nvidia Fuels Big Tech
The Magnificent Seven have doubled the returns of the S&P 500 in 2024, but much of the outperformance can be chalked up to chip giant Nvidia.Business - Inc. - October 25