Nvidia’s $3.66 Trillion Market Cap Nears Apple’s
CEO Jensen Huang says Nvidia will substantially increase its business footprint. It is now the second most valuable company in the world, just behind Apple.
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Douglas A. McIntyre
The Most Dangerous State for Driving in Bad Weather
Weather is a big consideration when it comes to car accidents. A recent analysis reveals that some states are much more dangerous than others.
7% Mortgage Rate Raises Monthly Payment by $1,000
The average 30-year fixed mortgage rate is much higher than four years ago. The landscape of home ownership recently has changed substantially.
Microsoft To Invest $80 Billion On AI Data Centers
According to its management, Microsoft (NASDAQ: MSFT | MSFT Price Prediction) will invest $80 billion in data centers over the next year. To put this in some context, Microsoft’s revenue in the most recently…
Apple’s Deep Trouble In China
Apple’s (NASDAQ: AAPL | AAPL Price Prediction) fortunes were troubled in China late last year. It cannot afford to have a drop in sales in what is the world’s largest smartphone market by far—the…
Ford F-Series Sales Make It The Top Selling Truck in America
Ford (NYSE: F) sold 765,649 F-Series pickups last year, up 2%. This made it the best-selling truck in America for 48 years. (Ford launched it in 1948.) It is also 37% of Ford’s sales…
Ford F-150 Lightning Battered In 2024
Ford Motor (NYSE: F | F Price Prediction) sold 530,660 vehicles in the US in the fourth quarter, up an impressive 8.8% from the same quarter the year before. Its EV sales were less…
Prices Fall in America’s Richest Housing Market
After years of increasing values, the U.S. real estate market has weakened. In America's richest housing market, prices have fallen more than 2%.
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.
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…