Elon Musk’s Net Worth Plunges $17 Billion on Tesla Trouble
Tesla's annual unit sales dropped for the first time in its history. The stock pulled back, reducing Elon Musk's net worth by more than $17 billion.
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Douglas A. McIntyre
Will New Minimum Wages Cripple McDonald’s?
McDonald’s faces increases in the minimum wage in states across the country. It is a tough environment for the fast-food giant.
Walmart’s Rising Stock Price Faces Inflation
Walmart stock has had an extraordinary run over the past year. However, the retailer faces large cost increases in its key groceries category.
Elon Musk Ends 2024 With $200 Billion Net Worth Gain.
Elon Musk’s net worth rose $203 billion last year. That is almost the total net worth of the No. 3 person on the Bloomberg Billionaire list. Mark Zuckerberg’s net worth is $207 billion. (No.2…
Disney Wins Box Office Race In 2024
The total annual domestic ticket sales have never recovered from the COVID-19 pandemic. Some people who subscribed to streaming services probably never returned to theaters. Box Office Mojo states domestic ticket sales were over…
Another Lost Year for IBM
IBM stock underperformed other tech giants and the broader markets in 2024. The company's trouble falls into two categories.
Ford Stock Ends Year Down 19%
For Ford shareholders, 2024 has been a brutal year. The stock's underperformance reflects that Ford is running out of time to combat its challenges.
Elon Musk’s Net Worth Tops $450 Billion
Elon Musk’s net worth recently topped $450 billion.. That increase is due mainly to his ownership of three companies.
Apple Takes Large Lead in Global Market Cap Race
Apple’s market value has surged to $3.86 trillion. This is due to two moves Apple has made that have encouraged investors.
Ford (F), Walmart (WMT) Accused Of Pulling Back From DEI
For years, large American companies announced that they would champion DEI ( Diversity, Equity, and Inclusion) plans to treat groups that had been underrepresented or discriminated against because of their identity or handicaps. The…
US Cities With Surging Home Prices
US home sales have been constrained by high prices and mortgage rates that have surged to nearly 7%. To make the matter more complex, current homeowners with 3% mortgage rates they got a few…
Meta’s Instagram Faces Headwinds If TikTok Wins Ban Battle
The TikTok ban was voted on by Congress and signed by President Biden. The Chinese company took the case to the federal court system. It has worked its way to the Supreme Court, and…
Ford, GM Would Be Hurt By End Of EV Tax Credit
There is a drumbeat among the media and auto industry executives. If the Trump Administration eliminated the EV tax credit, often $7,500, the industry would face a major setback. This includes sales of the…
Nvidia Up 182% This Year to Market Cap of $3.4 Trillion
Nvidia is the hands-down winner of the artificial intelligence (AI) revolution. There is no evidence that its place in AI industry will be challenged.
Elon Musk’s Net Worth Rises Over $200 Billion This Year
Elon Musk’s net worth rose $239 billion this year to a staggering $468 billion. That increase is due mainly to his ownership of three companies.
Tariffs Could Hurt Ford’s Inexpensive Car Sales
The Ford Maverick will be affected by new tariffs on vehicles imported from Mexico. Will Americans put off purchases as the average price for a new car soars?
Walmart Stock Surges as Other Retailers Crumble
While the stocks of other retailers have struggled this year, Walmart shares have soared. Weak consumer spending has not damaged all national retailers.
Toyota Shares Crippled by Industry Challenges
Toyota stock is doing better than those of some other major automakers. However, the company has many headwinds in parts of its business.
Less Than 2% of Starbucks Stores Hit by Strike
If a strike by Starbucks Corp. (NASDAQ: SBUX | SBUX Price Prediction) workers is supposed to get them better benefits and treatment, the store count affected by the union action is modest. About 300…
Ford and Honda Are Car Market Losers
Ford and Honda are obvious auto stock market losers this year. One has a catalyst that could move its stock higher. The other does not.