Tesla’s valuation seems very reasonable, but the stock is still not a buy, Bernstein says
Tesla’s valuation seems very reasonable, but the stock is still not a buy, Bernstein says
Jesuraj S
5 things to know before stock markets open on Tuesday, November 29
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on November 10, 2022. Brendan McDermidt | Reuters Here are the most important news for investors to start their trading day: 1. Repetitive? Wall Street is looking to bounce back after Monday’s rout as investors took note of protests … Read more
Bird Darden downgrades restaurants as macro risks persist
Bird Darden downgrades restaurants as macro risks persist
China says covid vaccination rates for the elderly have risen over the past two weeks
A health worker prepares a dose of an inhalable Covid-19 coronavirus vaccine in Haikou, south China’s Hainan province, on November 25, 2022. CNS | Afp | Good pictures BEIJING – Mainland China on Tuesday announced significant progress in getting Covid-19 booster shots for “those over the age of 80”. As of Monday, 65.8% of those … Read more
Biden, Macron Ready to Talk Ukraine, Trade in State Visit
But the relationship has turned around with Macron emerging as one of Biden’s most forward-facing European allies in the Western response to Russia’s invasion of Ukraine. This week’s visit — it will include Oval Office talks, a glitzy dinner, a news conference and more — comes at a critical moment for both leaders. The leaders … Read more
China’s Covid infections drop for the first time in more than a week
China’s capital city of Beijing is one of the hardest hit in the latest Covid wave. Pictured here is a health worker outside a locked down apartment complex on Nov. 27, 2022. Kevin Frayer | Getty Images News | Getty Images BEIJING — Mainland China reported the first decline in daily Covid infections in more … Read more
U.S. criticizes Beijing, supports right to protest
People hold white sheets of paper and flowers in a row as police check their IDs during a protest over coronavirus disease (COVID-19) restrictions in mainland China, during a commemoration of the victims of a fire in Urumqi, in Hong Kong, China November 28, 2022. Tyrone Siu | Reuters The White House on Monday criticized … Read more
Drying California Lake to Get $250M in US Drought Funding
SACRAMENTO, Calif. (AP) — The federal government said Monday it will spend $250 million over four years on environmental cleanup and restoration work around a drying Southern California lake that’s fed by the depleted Colorado River. The future of the Salton Sea and who is financially responsible for it, has been a key issue in … Read more
Asset manager names 9 ‘cheap’ stocks to buy as recession fears mount
Asset manager names 9 ‘cheap’ stocks to buy as recession fears mount
Cramer says these 5 factors help the Dow outperform other major indexes
CNBC’s Jim Cramer explained Monday that he believes the Dow Jones Industrial Average will outperform the Nasdaq Composite and the S&P 500 next year. “As we head into the end of the year, Wall Street tends to produce the biggest winners, which is why I expect the Dow to outperform the Nasdaq and the S&P, … Read more
Purchase of Enphase Energy
Rio Tinto Plc: “You should see commodity inflation come back. However, I would say it’s a great hedge against long-term inflation.” NIO Inc: “That looks so bright.” Enphase energy: “It’s so good, every time $15, $20 drops, I want to go on the air and say, ‘You know what you should do? [Buy].’” Lucid Group … Read more
Disney CEO Bob Iger Talks ‘Don’t Say Gay’, LGBTQ Inclusion at Town Hall
Bob Iger poses with Mickey Mouse as he attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Megan | AFP | Good pictures Following criticism over its past handling of LGBTQ issues, Disney CEO Bob Iger told employees Monday that inclusion and acceptance are “core values” of the … Read more
Disney is both a big winner and a big loser at the Thanksgiving box office
This year’s Thanksgiving box office was feast and famine Walt Disney. “Black Panther: Wakanda Forever” added $64 million to its domestic tally over the five-day period, while Disney’s latest animated feature “Strange World” failed to impress moviegoers, earning just $18.6 million between Wednesday and Sunday and a dismal $11.9 million. For the traditional three-day opening … Read more