By Luc Olinga A fervent supporter of Ukraine, the CEO of Tesla has just proposed a peace plan that is likely to cause a stir. Russia’s war in Ukraine, which started on Feb. 24, is entering its eighth month with no end in sight. The approach of winter s…
Target Doubles Down on Disney While Walmart Bets Big on Delivery
By Sarah Jean Callahan Walmart, Target share big (and very different) holiday plans. The never-ending pressure to deliver the best holiday magic for friends and family just got a little easier. Retail giants Target (TGT) – Get Target Corporation Report…
Time to Buy Semiconductor Stocks? Check the Charts.
By Bret Kenwell Semiconductor stocks have been crushed. So is now the time to go long? Here’s how the charts look. Semiconductor stocks are a favorite among tech investors. These companies generally tend to have steady businesses and reasonable valuati…
Tesla Needs a Charge as Stock Breaks Key Support
By Bret Kenwell Tesla stock is struggling to hold a key support area, leaving traders to wonder if a larger breakdown is looming. The market is ripping higher on Monday, but Tesla (TSLA) – Get Tesla Inc. Report is down in the dumps. Shares are down abo…
Here are the Cheapest Cities to Upsize Your Rental
By Dan Weil The median asking rent for zero- to two-bedroom properties dipped 0.6%, or $10, to $1,771 in August from July. A bit of good news has emerged when it comes to renting. The median asking rent for zero- to two-bedroom properties dipped 0.6%, …
Social Media Reacts To Kim Kardashian’s Crypto Fine
By Michael Tedder The influencer was charged by the SEC for promoting cryptocurrency that turned out to be a scam. The world of cryptocurrency was rocked today when the U.S. Securities and Exchange Commission charged influencer Kim Kardashian a $1.26 m…
Three Stocks to Consider as REITs Take a Dive
By Dan Weil Roaring interest rates have decimated real estate investment trusts in 2022, with the FTSE Nareit REIT index losing 28% so far this year. Real estate investments trusts this year have been hammered by soaring interest rates, with the FTSE N…
Myovant Sciences Rejects $2.5 Billion Takeover. Now What?
By Maxx Chatsko The women’s health drug specialist rebuffed an offer from its majority shareholder. A roller coaster ride could be ahead. Biotech investors have been faced with a historic correction for the sector, a historic pace of interest rate incr…
Embattled Credit Suisse Faces Social Media Wrath
By Ellen Chang Reddit and Twitter are in a hurry to announce the collapse of Credit Suisse. Social media accounts on Twitter and Reddit began speculating over the weekend about the potential fallout of Credit Suisse (CSGKF) as shares of the well-known …
Rite Aid Says Theft Is a Much Bigger Problem Than You Might Think
By Tony Owusu Rite Aid lost millions to retail theft in just one city, here’s what some municipalities are doing to combat the problem. We really didn’t know how good we had it. The covid-19 pandemic upended many of the societal norms we took for grant…