Lucid Shares Plunge on Stock Sale
Lucid stock plunged on news that it would sell stock to raise cash. The electric vehicle maker's prospects don't look good. Here's why.
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Douglas A. McIntyre
Penny Stock Lucid Down 22% This Year
Lucid stock has underperformed this year and is a penny stock. The electric vehicle maker's prospects don't look good. Here's why.
Chase to Open Branches for the Rich
Chase Bank has started opening branches for affluent Americans. They include specially trained staff and offer free umbrellas.
Nvidia Surges to Pass Apple in Market Cap
Nvidia is poised to overtake Apple in market cap. That is because Nvidia’s business and stock price are surging but Apple’s are not.
Starbucks Offers Higher Prices With Poor Service
Starbucks says it will be eliminating some promotions and discounts. Will that make customers and investors happy?
Altria Tops Market Increase and Has 8.4% Yield
Altria stock has outperformed the S&P 500 this year and offers a generous dividend. Of course, analysts recommend buying shares.
Ford Struggles as No. 4 US EV Company
In the third quarter, Ford ranked fourth in EV sales in America. So far, its $30 billion investment in the business has not paid off.
Apple Headset Plans Fall Apart
24/7 Wall St. Insights For several reasons, Apple Inc.’s (NASDAQ: AAPL | AAPL Price Prediction) Vision Pro business has started to fail. Apple needs success with Vision Pro, but it appears it will not…
Nvidia CEO Calls Tesla AI Leader
24/7 Wall St. Insights Tesla Inc. (NASDAQ: TSLA | TSLA Price Prediction) stock retreated after the unveiling of its new robotaxi. Yet, Nvidia’s CEO remains a fan of the company. Also: Dividend legends to…
Tesla Still Worth 16 Times More Than Ford
24/7 Wall St. Insights Even with shares in retreat, Tesla Inc.’s (NASDAQ: TSLA | TSLA Price Prediction) market cap is much greater than Ford Motor Co.’s (NYSE: F). Many investors think of Tesla as…
Disney Revenue Hurt by $200 Million From Hurricane Milton
24/7 Wall St. Insights Disney World was closed because of Hurricane Milton. But the hit to its revenue was modest and the park quickly reopened. Also: Dividend legends to hold forever. When Hurricane Milton…
Fuel Prices Critical to Slowing Inflation
Inflation in the United States has slowed considerably in the past three years, lately driven largely by falling energy prices.
Investors Reject Tesla’s Driverless Dreams, but Stock Value Remains High
Following the unveiling of its Cybercab, Tesla stock tumbled. However, investors still believe the EV leader has a bright future.
China Sales Are Evidence of Tesla Recovery
Investors were disappointed by third-quarter sales at Tesla. However, the EV giant’s sales in China were impressive in September.
Can Chicken Big Mac Save McDonald’s Sales?
McDonald's has rolled out its newest attempt to supercharge its sales and to boost its stock: the Chicken Big Mac.
Boeing Worker Strike Costs It $1 Billion a Month
A worker strike is costing Boeing $1 billion per month. That and other problems have driven its stock down sharply this year.
Will Google Break Up With Android?
The U.S. Department of Justice is pushing for a breakup of Alphabet. The plan may focus on its Android, Google, and Chrome businesses.
Tesla’s Market Cap Could Go Back to $1 Trillion
If the launch of the Tesla robotaxi is a success, the stock could soar, which would boost the EV maker's market cap back to $1 trillion.
Human Error Cripples Rivian Stock
EV maker Rivian Automotive reportedly cut its 2024 production targets due to a miscommunication with a supplier.
Microsoft Stock Down Because of AI
Microsoft stock has lately underperformed the broader market. Did the tech giant invest too much in artificial intelligence with little to show for it?