Elon Musk Lost $60 Billion, Still World’s Richest Man
Elon Musk’s net worth has dropped $60 billion this year. However, he is still the world’s richest man according to Bloomberg. His net worth is $372 billion. No. 2 on the list is Larry…
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Douglas A. McIntyre
Apple Is In Trouble
Apple (NASDAQ: AAPL | AAPL Price Prediction) is in trouble in its home market. Research firm Canalys reports that Apple’s market share in the US fell 11% in Q2 compared to Q2 2024. Long-time…
America’s Worst $2 Stock
The stock is down 77% in the last five years. The S&P 500 is up 95% during the same period. The shares of its largest competitor are up 241%. The company has lost so…
Disney Is A Failure
Go back five years. Since then, Disney’s (NYSE: DIS | DIS Price Prediction) stock is down 11%, and the S&P 500 has risen 91%. Current CEO Bob Iger left as CEO in February 2020.…
Inflation Is Back, Time to Worry
The Producer Price Index surged in July, in part due to tariffs. Consumers could face sharp inflation again toward the end of the year.
Buffett Dumps Apple Shares
Berkshire Hathaway sold 20 million shares of Apple in the period that ended June 30. The sale cannot be described as a vote of confidence.
Ukraine’s GDP Same as Kansas
The GDPs of Ukraine and Kansas are similar. Both are large producers of corn and wheat, but some fields in Ukraine have become battlefields.
With 96 Recalls, Ford’s EV Plan in Doubt
A new Ford electric vehicle manufacturing system comes with significant risk. As if 96 recalls weren’t enough for investors to worry about.
Social Security’s Low COLA Will Hurt Some Seniors
Seniors on tight budgets could struggle financially in the year ahead, as Social Security payments barely keep pace with inflation.
Spirit Airlines May Go Out of Business
Spirit Airlines has acknowledged that it may not be able to stay in business. The budget airline may face liquidation instead of another bankruptcy.
Ford’s New EV Plan Falls Apart
Ford's “next Model T moment” electric vehicle (EV) plan has failed to impress investors. Its production plan and upcoming modestly priced EV are hardly groundbreaking.
US Monthly Job Growth Will Hit Zero
The effects of tariffs and artificial intelligence will soon have an enormous impact on U.S. employment. That in turn will have an enormous impact on GDP and the economy.
My Son Will Be a Plumber and Not an Executive
Graduating with a degree in economics no longer guarantees a career as a financial analyst. Now that work is increasingly done by artificial intelligence, and a generation of new graduates is looking elsewhere.
Stocks Are Overvalued, According to Experts
A recent analysis confirms that institutional investors believe the market is significantly overvalued, a trade war will start a recession, and inflation will prevent rate cuts.
America’s Best Dividend Stock Soars 23%
Stocks with high yields are not supposed to participate in market rallies. Their role is to provide stability and a safe dividend. They are, essentially, a defensive play. However, what is probably the company…
$100 Billion Buys 12% Increase In Apple’s Shares
Two things happened to Apple (NASDAQ: AAPL | AAPL Price Prediction) last week. Its shares, which have been weak compared to those of other mega-tech companies, rose 12%, And, CEO Tim Cook went to…
Peloton Can’t Stop Destroying Itself
During the COVID-19 pandemic, Peloton (NASDAQ: PTON) bikes were popular among people who could use them and afford them at home. Once the pandemic ended, the theory goes, people went back to gyms. Whatever…
This Is The Richest Country In The World, Maybe
There are several ways to measure how rich a country is. GDP per capita. Household income. Household wealth. The percentage of the population that lives above a certain income level. The Economist has come…
Detroit Car Giants Stay in Air Pollution Business
Ford and its Detroit peers favor gas-guzzling pickups over smaller, less profitable sedans. EV demand is down, and the EPA has turned its back on fuel efficiency standards.
Apple’s Tremendous Lead in Global Smartphone Revenue
New data reveals that Apple has the lion's share of global smartphone revenue. That lead comes almost exclusively from iPhone 16 sales.