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Tesla Sales Drop Brings BYD Closest Ever to Global EV Crown

Jennifer DuBois -
(Bloomberg) -- BYD Co. is poised to overtake Tesla Inc. as the world’s biggest seller of electric vehicles as the Chinese automaker’s global...
Business

TSMC’s $72 Billion Rout Has Market Bracing for More

Jennifer DuBois -
(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s stock has lost more value than any other in Asia since mid-June as investors brace for prolonged...
Business

Billionaire investor Bill Ackman says Fed rate hikes are likely over but warns a ‘big threat’ still looms

Jennifer DuBois -
Bill Ackman said the Fed is likely done hiking interest rates as the economy starts to weaken."High mortgage rates, high car rates, high...
Business

Exclusive-Boeing sets record 737 production goal for July 2025 -sources

Jennifer DuBois -
By Valerie InsinnaWASHINGTON (Reuters) - Boeing plans to push production of its bestselling 737 narrowbody jet to a record of at least 57...
Business

Top tech stocks are trading at the biggest relative discount in over 6 years with earnings set to spark momentum, Goldman Sachs says

Jennifer DuBois -
Mega-cap stocks are at their cheapest valuation in six years, Goldman Sachs wrote.Meanwhile, they're earnings season will outperform the typical S&P firm.The sector...
Business

‘It’s the economy, stupid’: 5 reasons why investors should stay bullish on the stock market

Jennifer DuBois -
Investors should stay bullish on US large cap stocks, according to Bank of America's Savita Subramanian."The Fed just told us the economy is...
Business

These 2 High-Yield Dividend Stocks Are Attractively Valued and Provide Growth Upside to Boot, Says Morgan Stanley

Jennifer DuBois -
Do you love dividends? Of course you do — and rightly so!In a recent study conducted by Mike Wilson, Chief Investment Officer at...
Business

Only 11 Stocks’ Dividends Can Now Beat Treasuries’ 4.68% Yield

Jennifer DuBois -
It's possible to score 4.68% yields on Treasuries — and take little risk. So to even consider dividend-paying S&P 500 stocks the yield...
Business

SmileDirectClub to Liquidate If It Can’t Quickly Find Buyer

Jennifer DuBois -
(Bloomberg) -- Dental aligner company SmileDirectClub Inc. will spend about two months looking for a rescuer and will liquidate if no buyer emerges,...
Business

How a fight over 2 jobs bankrupted union of 40,000 dockworkers

Jennifer DuBois -
In October 2021, Willie Adams, president of the International Longshore and Warehouse Union (ILWU), sat across the table from President Joe Biden at...
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