Category: Uncategorized
-
Tesla (TSLA) Stock Plunges 6% Following Disappointing Cybercab Debut
Key Points Table of Contents Shares of Tesla tumbled 6% on Friday following an underwhelming Cybercab presentation The Austin event was invitation-only with no live broadcast, and Elon Musk was notably absent Federal safety regulators initiated an audit examining the Cybercab’s self-certification process Analysts from major banks highlighted unresolved concerns regarding costs, manufacturing schedules, and…
-
Index Funds vs Active Funds: Which one should you choose
Investing in mutual funds can be a way to build a diversified portfolio, but different funds follow different approaches to managing investments. Two common options are active funds and index funds, each with its own investment strategy, costs and objectives. While active funds rely on professional fund managers to make investment decisions, index funds follow…
-
Berkshire Hathaway Outperformed the S&P 500 Over a 60-Year Period Under Warren Buffett. Here's the Stock That Could Help Continue the Streak Under Greg Abel.
Berkshire Hathaway (BRKA -0.48%)(BRKB -0.41%) shares have risen by 236% over the past decade (as of Sept. 2). Critics are quick to point out that this performance came in lower than the total return of the S&P 500 index. It’s easy to question the conglomerate’s capital allocation decisions. However, over the past six decades, Berkshire…
-
Trump: Canada Making US Enemy Until Economy Collapses
(AP) President Donald Trump escalated his war of words with Canadian Prime Minister Mark Carney on Thursday, warning that Carney’s effort to cast the United States as an adversary will backfire as the two countries remain locked in an escalating trade battle. “It is very good for Canadian Politicians like Prime Minister Carney to make…
-
The Federal Reserve's Initial September Inflation Forecast Has Arrived, and It Contains a Glaring Red Flag for Wall Street
The stock market has been the textbook definition of resilient in 2026. Despite a litany of headwinds threatening to upend equities, the mature stock-driven Dow Jones Industrial Average (DJINDICES: ^DJI), benchmark S&P 500 (SNPINDEX: ^GSPC), and tech-powered Nasdaq Composite (NASDAQINDEX: ^IXIC) have rallied to several record highs. But well-above-average inflation might be the one headwind…
-
Apple Is Late to AI. That Could Be Its Biggest Opportunity
Wall Street analysts have Apple pinned at fair value with a flat consensus target, but nine consecutive earnings beats and a reimagined Siri AI suggest they are underwriting the wrong risks. Here is the math behind a path that the… This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive…
-
The Nasdaq, S&P 500, and Dow All Fell Slightly Friday. The Jobs Report Wasn't Really Why.
Stocks edged lower Friday after the August jobs report came in roughly three times as strong as economists expected. Hot jobs reports are usually bad news for Wall Street, as investors ponder rising risks of inflation-fighting Fed rate increases. The major indexes are indeed down today, but the drops are fairly small. The Nasdaq Composite…
-
Diesel prices hit an all-time high, pressuring economy ahead of midterms
US diesel prices raced up to an all-time high on Friday, crossing into new heights as wars in Iran and Russia-Ukraine keep structural pressure on an already tight market for the world’s “workhorse fuel.” Prices on Friday climbed to $5.85 per gallon in the retail diesel market, per data from AAA, well surpassing the previous…
-
Will Federal Reserve hike rates later this month? Waller muddies the outlook
By CHRISTOPHER RUGABER, AP Economics Writer WASHINGTON (AP) — Federal Reserve governor Christopher Waller said Thursday that an inflation report next week will largely determine whether he supports an interest rate hike later this month or not. The government will release August inflation figures Sept. 11, and if that report shows inflation continues to cool, then Waller…
-
The Nasdaq, S&P 500, and Dow All Fell Slightly Friday. The Jobs Report Wasn't Really Why.
Key Points The Nasdaq Composite fell 0.3%, the S&P 500 0.4%, and the Dow 0.5% by early Friday afternoon. August payrolls rose 162,000 against a consensus of 53,000, the strongest month since March. Not one of the 30 Dow stocks moved more than 2% in either direction. Stocks edged lower Friday after the August jobs…