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The benchmark S&P 500 fell nearly 2% last week, posting its worst weekly performance since late October 2023. Read more about last week's major events on Wall Street...
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Continue ReadingAfter outperforming the market handily in the previous quarter, our strategy produced returns in line with the S&P 500 this quarter. Click here to read more...
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Tesla halved the FSD subscription rate late Friday, confirming online chatter. Shares rose a fraction...
Continue ReadingThe S&P Annual Survey of Assets from last year reveals a staggering $11 trillion now indexed to the S&P 500, and rightly so...
Continue ReadingMaybe you’ve seen the trending stock tickers today and noticed that Coupang (NYSE:CPNG) stock was on a rocket ride higher. There’s nothing wrong with momentum, but investors should look into the reason for the move and make their own decisions. I am bearish on CPNG stock, and as we delve into what’s actually going on with Coupang, you might decide to find better investment opportunities elsewhere. The easiest way to describe Coupang is as South Korea’s version of Amazon (NASDAQ:AMZN). It’s a pop...
Continue Reading(Bloomberg) -- Alphabet Inc.’s Google will temporarily remove links to California news sites for an unspecified number of users in the state as it studies the impact of proposed legislation that would force the company to pay for serving up such content.Most Read from BloombergIsrael Bracing for Unprecedented Direct Iran Attack in DaysStocks Get Hit as War Jitters Fuel Rush to Bonds: Markets WrapApple Plans to Overhaul Entire Mac Line With AI-Focused M4 ChipsRussian Attacks on Ukraine Stoke Fear...
Continue ReadingElon Musk's Tesla said on Friday it has cut prices of its Full Self-Driving (FSD) subscriptions in the United States and Canada, as it seeks to drive adoption amid softening demand and price competition. The subscriptions will be priced at $99 per month in the U.S. and C$99 ($71.88) in Canada, the electric vehicle maker said in a post on X. Musk has long touted the FSD technology as a potential cash cow for the company, but has failed to keep his promise of a fully autonomous driving experience, amid stiff regulatory and legal scrutiny of Tesla's safety and marketing...
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