industrial news

This hedge fund manager who made winning bets on 2020 says investors should prepare for a decades-long bear market.

On the heels of last week’s bullish turn in stocks, the market was off to a mixed start on Monday. Hong Kong stocks may be weighing on the mood with a big drop after China’s leader consolidated his power. And we are entering the Fed’s blackout period ahead of next week’s meeting which is expected …

This hedge fund manager who made winning bets on 2020 says investors should prepare for a decades-long bear market. Read More »

Stock market investors are gearing up for the busiest week of earnings season. This is how it stacks up so far.

So far so good? Stocks finished first full week of earnings season on a strong note Friday, pushing the Dow Jones Industrial Average DJIA, +2.47%, S&P 500SPX, +2.37% and Nasdaq Composite COMP, -0.81% to its biggest weekly earnings since June. It gets busier in the coming week, with 165 S&P 500 companies, including 12 Dow …

Stock market investors are gearing up for the busiest week of earnings season. This is how it stacks up so far. Read More »

Opinion: Elon Musk pumps Tesla stock with ridiculous $4 trillion target. Is there a dumpster next?

Another earnings call from Tesla Inc. and another fanciful prediction from Elon Musk that likely spurred another open file at the Securities and Exchange Commission on Wednesday. CEO of Tesla Inc. TSLA, +0.84% told investors on Wednesday that he believes the electric carmaker’s valuation will exceed the combined market capitalization of the world’s two most …

Opinion: Elon Musk pumps Tesla stock with ridiculous $4 trillion target. Is there a dumpster next? Read More »

US Stocks Struggle To Make ‘Crazy’ Rally Hold As Earnings Season Begins

US stocks saw early gains fade on Friday, with the market turning south after attempting to ride a bounce in the previous session that marked what has been called one of the craziest trading days in history. Stocks fell after a closely watched survey showed consumer inflation expectations were on the rise, while investors were …

US Stocks Struggle To Make ‘Crazy’ Rally Hold As Earnings Season Begins Read More »

Ray Dalio says beware of rates reaching this level, because Wall Street stocks will take a 20% hit

After that CPI shock earlier in the week, Wall Street is reporting a new batch of data on Thursday, with the main retail sales number stronger than expected. And a disastrous rail strike can be reversed. But there is nothing to encourage billionaire investor and hedge fund manager Ray Dalio, who in our call of …

Ray Dalio says beware of rates reaching this level, because Wall Street stocks will take a 20% hit Read More »

‘The psychology has changed so quickly’: Why stock market lows may be retested as the S&P 500 enters its weakest leg of the year

With the end of summer, the US stock market is poised for a potentially unstable downturn. “Recession fears are the most likely trigger for a retest of the June lows,” Ed Clissold, chief US strategist at Ned Davis Research, said in an Aug. 31 note. “From a seasonality perspective, a new test could be done …

‘The psychology has changed so quickly’: Why stock market lows may be retested as the S&P 500 enters its weakest leg of the year Read More »

Tesla shares take a hit from Nvidia’s warning over China business

text size Production at Tesla’s Shanghai gigafactory could face another supply problem in the coming months. Xiaolu Chu/Getty Images nvidia ‘s new chip problem may affect the actions of some chip customers, such as Tesla . giant chip nvidia (ticker: NVDA) told investors on Wednesday in a presentation with the Securities and Exchange Commission that …

Tesla shares take a hit from Nvidia’s warning over China business Read More »

Tesla shares take a hit from Nvidia’s warning over China business

text size Production at Tesla’s Shanghai gigafactory could face another supply problem in the coming months. Xiaolu Chu/Getty Images nvidia ‘s new chip problem may affect the actions of some chip customers, such as Tesla . giant chip nvidia (ticker: NVDA) told investors on Wednesday in a presentation with the Securities and Exchange Commission that …

Tesla shares take a hit from Nvidia’s warning over China business Read More »

Okta shares plunge as CEO says ‘short-term challenges’ resulted in workers leaving at higher rate

Shares of Okta Inc. tumbled in extended trading on Wednesday after executives revealed the software company was facing integration problems stemming from the $6.5 billion acquisition of Auth0. okta okta, +0.26% Executives raised their full-year profit outlook again on Wednesday, but kept their full-year revenue target. Todd McKinnon, CEO and co-founder of Okta, told MarketWatch …

Okta shares plunge as CEO says ‘short-term challenges’ resulted in workers leaving at higher rate Read More »

Okta shares plunge as CEO says ‘short-term challenges’ resulted in workers leaving at higher rate

Shares of Okta Inc. tumbled in extended trading on Wednesday after executives revealed the software company was facing integration problems stemming from the $6.5 billion acquisition of Auth0. okta okta, +0.26% Executives raised their full-year profit outlook again on Wednesday, but kept their full-year revenue target. Todd McKinnon, CEO and co-founder of Okta, told MarketWatch …

Okta shares plunge as CEO says ‘short-term challenges’ resulted in workers leaving at higher rate Read More »