Markets
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KBH Stock Price | KB Home Stock Quote (U.S.: NYSE)
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Tesla’s stock suffers deepest loss in two months
Shares of Tesla Inc. ended more than 5% lower Wednesday in the wake of a downgrade by Barclays. The electric-vehicle maker’s TSLA, +1.98% stock notched its worst one-day percentage drop since April 20, when it fell 9.75%. Earlier Wednesday, analyst Dan Levy at Barclays said that for all that Tesla has been a momentum stock…
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Hey, politicians, keep your hands off our Social Security
Here we go again. Christie’s ideas include means-testing Social Security benefits for the very wealthy, and raising the retirement age for those in their 30s or 40s. Neither idea is totally crazy. Neither even need be draconian — at least in principle. But the devil, as usual, will be in the details. We were not…
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Jobless claims hit highest level since late 2021. Are layoffs getting worse?
[]The numbers: The number of Americans who applied for unemployment benefits last week was flat at 264,000, leaving it at a nearly two-year high and possibly signaling some decay in the U.S. labor market. []New jobless claims from two weeks ago were revised slightly to 264,000 from an original 262,000, government data showed. { if…
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STZ Stock Price | Constellation Brands Inc. Cl A Stock Quote (U.S.: NYSE)
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This Bud’s for investors. Buy the stock even if Bud Light sales never recover, says analyst.
The summer haze settling over stocks doesn’t look ready to budge Thursday, with the S&P 500 index SPX in the throes of its longest losing streak since May. On the bright side, the index is looking at a 6% gain for the June quarter, whose end is just a few days away. In other corners…
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Elon Musk and Mark Zuckerberg challenge each other to a cage fight
A war of words between tech billionaires Elon Musk and Mark Zuckerberg has led to the two men challenging each other to a cage fight. The dispute has broken out after Facebook parent Meta Platforms Inc. META, -0.95% hinted it was planning to launch a social media platform that would be a direct rival to…
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Europe New Car Sales Rose 18.5% in May, Electric Vehicles Take Larger Share
By David Sachs New car registrations in Europe jumped in May with battery-electric vehicles taking a bigger market share than a year ago, the European Automobile Manufacturers’ Association said Wednesday. Registrations, which reflect sales, totaled almost 1 million, an 18.5% jump from last May, according to the European car industry group known as ACEA. Fully…
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Gamma Trigger ? setting up nicely
*Sponsored by Lifewater Media I was just noticing that the new idea I sent out to you this morning is extremely close to firing a “Gamma Trigger” move. You can see it pretty clearly in the chart below. This is a powerful technical indicator I use in all of my trading styles. Simply put,…
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Half-point Bank of England hike called a possibility as U.K. inflation comes in hotter than forecast
A half-point interest rate hike from the Bank of England could be on the table after U.K. consumer prices rose a hotter-than-expected 8.7% in May, disappointing economists’ expectations for an ease to 8.4%. Data from the Office for National Statistics released on Wednesday also showed core inflation, which strips out volatile food and energy prices,…