Tesla’s (TSLA) – Get Tesla Inc Report bad week is ending on a positive note. Earlier this week, Tesla announced price increases across its entire range of vehicles. It was the electric vehicle maker’s second price increase this month after it increased the cost of some of its long-range models last week. Inflation is driving […]
US stocks closed higher Friday, with all three major indexes notching their best weekly performance since November 2020, as investors took the Federal Reserve’s interest rate hike and uncertainty over the Russia-Ukraine war in stride. Volatility in markets has become the norm this month as investors struggle to forecast economic growth and corporate profitability amid […]
And telecom stocks are paying for it. Even as Americans pay more for just about everything else, the average price of mobile plans continues to drop. That’s in large part because of the intense competition between Verizon (VZ)CNN parent company AT&T (T) and T Mobile (TMUS). Price wars are as prevalent as ever, even after […]
US stocks closed higher Friday, with all three major indexes notching their best weekly performance since November 2020, as investors took the Federal Reserve’s interest rate hike and uncertainty over the Russia-Ukraine war in stride. Volatility in markets has become the norm this month as investors struggle to forecast economic growth and corporate profitability amid […]
And telecom stocks are paying for it. Even as Americans pay more for just about everything else, the average price of mobile plans continues to drop. That’s in large part because of the intense competition between Verizon (VZ)CNN parent company AT&T (T) and T Mobile (TMUS). Price wars are as prevalent as ever, even after […]
The International Energy Agency also warned this week of the biggest oil supply crisis in decades. Analysts are worried that war in Ukraine could result in global food shortages. The West continues to announce new sanctions targeting Russia. Energy, metals and currency markets have responded to these seismic events with wild swings. Nickel prices have […]
The price action has been nothing short of breathtaking — oil has swung by $55 a barrel this year. On Thursday alone, it surged by more than 7% after peace negotiations stalled in Ukraine and billionaire Warren Buffett boosted his stake in a high-flying US oil company. Early on March 17, West Texas crude oil […]
Text size Alibaba stock notched its best-ever one-day gains on Wednesday. Qilai Shen/Bloomberg Investors in Chinese stocks, long-accustomed to pain, have just seen an astonishing turnaround. What comes next? Shares in Chinese tech giants Ali Baba (ticker: BABA) and JD.com (JD) both notched eye-watering gains on Wednesday, climbing 37% and 39%, respectively. It was, by […]
As we first noted on Monday in “Hedge Funds Liquidate Oil Positions At A Near-Record Pace Amid Extreme Volatility”, and as Bloomberg writes today, “fund managers have shown signs of being cautious when it comes to energy stocks, the only major industry group in the S&P 500 with a positive return so far this year” […]
Text size Alibaba stock notched its best-ever one-day gains on Wednesday. Qilai Shen/Bloomberg Investors in Chinese stocks, long-accustomed to pain, have just seen an astonishing turnaround. What comes next? Shares in Chinese tech giants Ali Baba (ticker: BABA) and JD.com (JD) both notched eye-watering gains on Wednesday, climbing 37% and 39%, respectively. It was, by […]
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