I invested in Tesla early and now have an 8-figure nest egg. Do I need a financial adviser?
How do you know if you need a financial adviser or not?
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Question: I’m considering…
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Why a top Wall Street quant sees S&P 500 taking back all its losses by year’s end
JP Morgan’s Marko Kolanovic, one of the most closely followed quantitative analysts on Wall Street, augured in a note to clients on Wednesday that U.S. stocks could see a torrid rebound during the latter half of…
NIO stock rallies after May deliveries return to growth as production gradually recovers
Shares of NIO Inc.
NIO,
+4.95%
rallied 1.5% in premarket trading Wednesday, after the China-based electric vehicle maker reported a 4.7% increase in May deliveries, to 7,024 vehicles from 6,711 a year…
Salesforce stock rallies on earnings beat, raised outlook
Salesforce Inc. shares rallied in the extended session Tuesday after the cloud-based customer-relationship-management company topped Wall Street estimates for the quarter and hiked its earnings forecast for the…
Why the Dow finally bounced — and investors doubt the market bottom is in
Some pre-summer relief made way for a stock-market bounce the week before Memorial Day, but it will likely take more than the Dow Jones Industrial Average’s first winning week since late March to convince rattled…
Aurora Cannabis announces bought-deal financing, shares drop 16%
Shares of Aurora Cannabis Inc. were lower in Thursday’s late trading session, after the company announced $125 million of bought-deal financing. Under the terms of the deal, a group of underwriters led Canaccord Genuity and…
Snowflake stock slides after earnings as company says macro issues are impacting some customer…
Shares of Snowflake Inc. tumbled in after-hours trading Wednesday after the software company delivered a forecast for the current quarter that came in below expectations at the midpoint and acknowledged that some…
Good news for home buyers? Fannie Mae chief economist says the U.S. housing market has finally…
The inventory shortage, high prices and rising interest rates have finally bitten. Single-family home sales fell sharply by 16.6% in April to a seasonally adjusted annualized rate of 591,000, according to Census…
New home sales plunge as high prices and rising U.S. mortgage rates discourage buyers
The numbers: Sales of new homes in the U.S. fell in April for the fourth month in a row to the lowest level since the pandemic owing to high prices and soaring mortgage rates. New sales slowed to a 591,000 annual…
Elon Musk called ESG a scam — did the Tesla chief do investors a favor?
Investing usually uses a combination of head, heart and gut even if it’s not supposed to. And perhaps no market theme stirs “all the feels” quite like ESG.This week, a major move to cut Tesla from a closely followed environmental, social…