Shares of Virgin Galactic soared on Friday on news the company was readying commercial flights. After years of delays, the first flight will take place on June 27, with another scheduled for August. The stock spiked 47% Friday, but is still trading far below highs reached in 2021. Loading Something is loading. Thanks for signing… Continue reading Virgin Galactic surges 47% as Richard Branson’s space tourism company preps first commercial flight
Tesla stock’s dazzling rally is thanks to CEO Elon Musk’s renewed focus on the EV maker, activist investor says
Tesla’s massive share-price rally is thanks to Elon Musk’s increased role at the EV maker, activist investor Ross Gerber said Thursday. “We just have seen full-fledged how Elon’s focus makes such a huge difference,” Gerber told Yahoo Finance. Tesla shares are up by more than 50% since Musk announced a replacement Twitter CEO. Loading Something… Continue reading Tesla stock’s dazzling rally is thanks to CEO Elon Musk’s renewed focus on the EV maker, activist investor says
Microsoft’s market value hits an all-time high of $2.6 trillion as the AI-fueled stock surge continues
Microsoft’s market capitalization climbed to an unprecedented $2.59 trillion Thursday as its stock extended gains. The tech giant’s shares have rallied more than 45% so far this year, buoyed by the investor frenzy over AI-related stocks. Microsoft has been viewed as one of the lead adopters of AI technology among software companies. Loading Something is… Continue reading Microsoft’s market value hits an all-time high of $2.6 trillion as the AI-fueled stock surge continues
How the Debt Ceiling Negotiations Affect the Budget: Kiplinger Economic Forecasts
U.S. politics has a wide-reaching impact not just on the U.S. and its economy but across the world too. Our highly-experienced Kiplinger Letter team will keep you abreast of the latest developments and forecasts (Get a free issue of The Kiplinger Letter or subscribe). You’ll get all the latest news first by subscribing, but we… Continue reading How the Debt Ceiling Negotiations Affect the Budget: Kiplinger Economic Forecasts
Stock Market Today: Stocks Swing After Fed Signals More Rate Hikes
Stocks spent the day mostly higher in the lead up to this afternoon’s policy announcement from the Federal Reserve. However, the major indexes swung lower after the central bank, as expected, held interest rates steady, but forecast more rate hikes to come. Price action ultimately stabilized into the close, though one major index woefully underperformed… Continue reading Stock Market Today: Stocks Swing After Fed Signals More Rate Hikes
These are the top 10 cities where Americans are overpaying for houses
The housing market remains tight, and some US cities are seeing homes that are listed more than 40% above their historical value. New data from Florida Atlantic University broke down the most overpriced housing markets in the country. Five of the 10 most overpriced cities are located in Florida. Loading Something is loading. Thanks for… Continue reading These are the top 10 cities where Americans are overpaying for houses
Bitcoin falls below $25,000 as Fed signals more hawkish moves ahead and regulatory screws tighten on the sector
Bitcoin fell below $25,000 on Thursday, as monetary policy adds to pressure from regulators. Central bankers held interest rates steady but signaled more rate hikes to come. Crypto markets have been reeling from SEC lawsuits targeting Binance and Coinbase. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading Bitcoin falls below $25,000 as Fed signals more hawkish moves ahead and regulatory screws tighten on the sector
European natural gas prices soar 30% as key source to close permanently after hundreds of earthquakes
Europe’s biggest gas field is set to close permanently in October, Bloomberg reported. The news sparked a 30% jump in benchmark European natural gas futures on Thursday. Earthquakes near the Groningen field in the Netherlands have damaged thousands of homes over the years. Loading Something is loading. Thanks for signing up! Access your favorite topics… Continue reading European natural gas prices soar 30% as key source to close permanently after hundreds of earthquakes
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