In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla CEO Elon Musk and his staff met Wednesday with California Governor Gavin Newsom to tour Tesla’s new engineering headquarters. Sources close to the governor told CNBC the meeting at Tesla’s engineering office in Palo Alto, California focused on the company’s efforts to create jobs
Month: February 2023
Artificial intelligence isn’t just a hot topic in Hollywood. While horror robot movie “M3gan” racks up millions at the winter box office, the ETF industry is seeing opportunities from the controversial technology. According to ROBO Global CIO William Studebaker, the economic benefits could be staggering. “You’re going to see a tsunami effect in terms of
Qantas CEO Alan Joyce says he expects the airline to see a full return to pre-Covid capacity in 2024. “We’re confident that we’ll get back … 100% of our pre-Covid international capacity, and well over 100% for our domestic capacity,” Joyce projected for financial year 2024. ″[There is] really strong demand in leisure, in business
In this article AMC Follow your favorite stocksCREATE FREE ACCOUNT Girl watching a comedy movie at the cinema with her friend. Rgstudio | E+ | Getty Images LOS ANGELES — The movies are still big. It’s the multiplexes that are getting smaller. Since 2019, the number of total screens in the U.S. have decreased by
Newsday Llc | Newsday | Getty Images If you’re among the people who leased an auto in 2020 and are nearing the end of that agreement, you may want to check what the car is worth before turning it in. The average trade-in value of cars leased in 2020 is 19% more ($3,965) than the
Valentinrussanov | E+ | Getty Images High inflation is leading to reduced savings and higher credit card debt — and there are some signs households may be reaching a tipping point under increased financial pressures. A new survey from Bankrate finds 39% of individuals surveyed in January said their emergency savings are less than they
In this article BGRY BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Berkshire Hathaway Chairman and CEO Warren Buffett. Andrew Harnik | AP Warren Buffett’s loyal following of value investors is about to hear from the legend himself, at a crucial time when interest rates have soared and recession fears are raging. The 92-year-old chairman and
In this article BABA Follow your favorite stocksCREATE FREE ACCOUNT Alibaba said it is working on a rival to ChatGPT, the artificial intelligence chatbot that has caused excitement across the world. Alibaba said its own product is currently undergoing internal testing. Kuang Da | Visual China Group | Getty Images Alibaba reported earnings for its
In this article WBD PARA Follow your favorite stocksCREATE FREE ACCOUNT Stan Marsh, Kyle Broflovski, Eric Cartman and Kenny McCormick attend The Paley Center for Media presents special retrospective event honoring 20 seasons of ‘South Park’ at The Paley Center for Media on September 1, 2016 in Beverly Hills, California. Tibrina Hobson | Getty Images
Shoppers look at items displayed at a grocery store in Washington, D.C., on Feb. 15, 2023. Stefani Reynolds | AFP | Getty Images A new U.S. government reading showing persistent high inflation rattled Wall Street on Friday. Consumers can expect the rate of price growth will likely stay higher than average through 2023. “Inflation is
Getty Images With some Treasury bills now offering 5%, the assets have become more appealing to investors. But there are a few things to know about the purchase process, experts say. Backed by the U.S. government, Treasury bills, or T-bills, are nearly risk-free, with terms of four weeks to 52 weeks. You receive T-bill interest
In this article MRNA CVNA BA YETI LYV Follow your favorite stocksCREATE FREE ACCOUNT Patties of Beyond Meat Inc.’s plant-based burger Beyond Burger are cooked on a skillet. Yuriko Nakao | Getty Images Check out the companies making the biggest moves midday: Beyond Meat — Shares of the maker of plant-based meat alternatives surged 10.15%
In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT A vial of the Moderna coronavirus disease (COVID-19) booster vaccine targeting BA.4 and BA.5 Omicron sub variants is pictured at Skippack Pharmacy in Schwenksville, Pennsylvania, September 8, 2022. Hannah Beier | Reuters Moderna on Thursday missed earnings expectations for the fourth quarter, as costs rose
In this article F Follow your favorite stocksCREATE FREE ACCOUNT Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan.
Credit card providers are benefitting from post-pandemic travel and increasing card usage in general, with balances way up in recent months. Valentinrussanov | E+ | Getty Images Financial stocks were so out of favor for most of 2022 that perhaps their tickers should have been appended with a Nathaniel Hawthorne-esque “U” — for “unloved.” Yet
Most people have a travel bucket list, perhaps with 10 to 15 countries. For this couple, it’s all 195 — and they’re more than halfway there. Hudson and Emily Crider have visited 112 countries, but their journey together began long before that. Both are from the “same small town” of Lancaster, Pennsylvania. They met in
In this article MELI EOG ADSK BA BYND SQ CVNA WBD Follow your favorite stocksCREATE FREE ACCOUNT A Carvana glass tower sits illuminated on Feb. 23, 2022, in Oak Brook, Illinois. Armando L. Sanchez | Tribune News Service | Getty Images Check out the companies making headlines after hours. Carvana — Shares rose 1.7%. CEO
In this article SQ Follow your favorite stocksCREATE FREE ACCOUNT Block stock rose nearly 8% in extended trading after the payments company reported fourth-quarter earnings that missed Wall Street expectations but posted strong growth in gross profit. Here’s how Block did versus Refinitiv consensus expectations: EPS: 22 cents, adjusted, versus expectations of 30 cents Revenue:
In this article BA Follow your favorite stocksCREATE FREE ACCOUNT The exterior of a 787 Dreamliner at the Boeing manufacturing facility in North Charleston, on December 13, 2022. Logan Cyrus | AFP | Getty Images Boeing has temporarily halted deliveries of its 787 Dreamliners so it can do additional analysis on a fuselage component, the
In this article FIS Follow your favorite stocksCREATE FREE ACCOUNT Fluxfactory | E+ | Getty Images In a year marked by stiff economic headwinds, retirement savers paid the price. Although the average 401(k) balance rose in the fourth quarter of last year, balances ended 2022 down 23% from a year earlier to $103,900, according to
MStudioImages | E+ | Getty Images If you’re looking for a relatively safe place for cash, Treasury bills have recently become more attractive, experts say. Backed by the U.S. government, Treasury bills, or T-bills, have terms ranging from four weeks up to 52 weeks, and investors receive interest when the asset matures. Over the past
JPMorgan Chase CEO Jamie Dimon said Thursday that containing inflation remains a work in progress for the Federal Reserve, while noting the U.S. economy continues to show signs of strength. “I have all the respect for [Fed Chair Jerome] Powell, but the fact is we lost a little bit of control of inflation,” Dimon said
In this article BYND Follow your favorite stocksCREATE FREE ACCOUNT Vegetarian sausages from Beyond Meat Inc, the vegan burger maker, are shown for sale at a market in Encinitas, California, June 5, 2019. Mike Blake | Reuters Beyond Meat on Thursday reported a narrower-than-expected loss for its fourth quarter, despite its sales sinking more than
In this article WBD Follow your favorite stocksCREATE FREE ACCOUNT Pedestrians walk past a street commercial advertisement billboard from Warner Bros and DC comics character, The Batman, movie in Madrid. Miguel Candela | SOPA Images | Lightrocket | Getty Images Warner Bros. Discovery on Thursday posted a large loss and recorded about $11.1 billion in
Citing inflationary pressures and sinking enrollment, more colleges are set to close in 2023. Already, Presentation College in Aberdeen, South Dakota; Cazenovia College in Cazenovia, New York; Holy Names University in Oakland, California; and Living Arts College in Raleigh, North Carolina, announced they will shut down after the current academic year. The consequences of fewer students and less
Shakeemah Smith has visited more countries — by herself — than most people have visited in their lifetimes. She’s visited 63 countries alone, she said, and now coaches others on how to go solo. Smith — who goes by the name of Keem — said she started traveling alone after a disagreement with a friend
People walk outside the Bank of England in the City of London financial district, in London, Britain, January 26, 2023. Henry Nicholls | Reuters LONDON — The U.K. has thus far avoided a widely anticipated recession, and the signs from the business world are that the economy may be holding up better than feared, according
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Nvidia Corp CEO Jensen Huang holds one of the company’s new RTX 4090 chips for computer gaming in this undated handout photo provided September 20, 2022. Nvidia Corp | via Reuters Nvidia stock rose more than 8% in extended trading on Wednesday after the company
An image of cinematographer Halyna Hutchins, who died after being shot by Alec Baldwin on the set of his movie “Rust”, is displayed at a vigil in her honour in Albuquerque, New Mexico, October 23, 2021. Kevin Mohatt | Reuters A New Mexico prosecutor in the fatal “Rust” shooting case admitted Alec Baldwin was incorrectly
Pixelfit | E+ | Getty Images Falling behind on federal student loans is likely to trigger other major financial consequences for borrowers, according to new research by The Pew Charitable Trusts. More than 80% of borrowers who experienced default stated that they’d faced at least one additional consequence as a result. The most common impact
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