Tesla (TSLA (opens in new tab), $242.40) reported its third-quarter production and delivery numbers this past Sunday. Investors were disappointed by the figures, and TSLA stock lost more than 8% in Monday trading. How bad were they? They weren’t all that bad. In fact, they were record-setting, with total production of 365,923, up 54% over… Continue reading Tesla Deliveries Miss Estimates. Is the EV Market at Risk?
Kim Kardashian’s $1.3 Million Crypto Fine Is a Warning to Investors
Kim Kardashian, the reality TV star, paid $1.26 million to settle charges related to her online promotion of the EthereumMax digital token, the U.S. Securities and Exchange Commission said Monday. Kardashian failed to disclose a $250,000 payment to post on her Instagram account about EMAX tokens, the digital asset associated with EthereumMax (a crypto project… Continue reading Kim Kardashian’s $1.3 Million Crypto Fine Is a Warning to Investors
Stock Market Today: Dow Spikes 765 Points to Start Q4
Stocks kicked off October with a bang, as a “bad news is good news” economic report sent Treasury yields retreating and prompted investors to take a bite of risk. Specifically, the Institute for Supply Management’s purchasing managers’ index fell to 50.9 in September from the August reading of 52.8. This is the lowest level since… Continue reading Stock Market Today: Dow Spikes 765 Points to Start Q4
What the Midterms Mean for Stocks
The United States has midterm elections on Tuesday, Nov. 8. The midterms will determine control of the Senate and the House of Representatives, as well as the governorships of 36 states, including large population ones like California, Florida, New York and Texas. This promises to be the most significant and critically important election in memory.… Continue reading What the Midterms Mean for Stocks
Investing Portfolio Peace of Mind, Now and in Retirement
Retirement savers should know how their investments are doing, but they should try not to become too obsessed with the ups and downs of the market. The market will always fluctuate — that’s how the financial world works. Political unrest, turbulent foreign affairs, election results or even a viral social media post can cause shifts… Continue reading Investing Portfolio Peace of Mind, Now and in Retirement
Stock Market Today: Stocks Sell Off to Close a Disastrous September
It was a fitting end to what turned out to be a tough week, month and quarter for stocks, with the negative price action driven by fears of Fed rate hikes, stubbornly high inflation and a slowing economy. Stocks started Friday in the red after this morning’s personal consumption and expenditures index, which measures price… Continue reading Stock Market Today: Stocks Sell Off to Close a Disastrous September
Kiplinger’s Weekly Earnings Calendar (Oct. 3-7)
Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. However, we have also provided expanded earnings previews for select companies. Please check back often. This earnings calendar is updated weekly. Monday (10/3)Tuesday (10/4)Wednesday (10/5)Thursday (10/6)Friday (10/7)(Editor’s Note: Earnings dates in tables are tentative.… Continue reading Kiplinger’s Weekly Earnings Calendar (Oct. 3-7)
Buffett Is Loading Up on Occidental Petroleum Stock (OXY). Should You?
Warren Buffett has a seemingly insatiable appetite for shares in Occidental Petroleum (OXY (opens in new tab), $62.11), but that doesn’t mean retail investors should gorge on OXY stock as well. Berkshire Hathaway (BRK.B (opens in new tab), $269.58), of which Buffett serves as chairman and CEO, purchased another 6 million shares in the Houston-based… Continue reading Buffett Is Loading Up on Occidental Petroleum Stock (OXY). Should You?