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‘I don’t see why people are going to sell their stocks.’ ‘Big Short’ investor Steve Eisman says stocks will keep rallying as long as...

Jennifer DuBois -
"Big Short" investor Steve Eisman said he doesn't see any reason for investors to sell their stocks.He said the 2023 stock rally will...
Business

BlackRock CEO Larry Fink: Crypto Will ‘Transcend Any One Currency’

Jennifer DuBois -
BlackRock boss Larry Fink has upped his bullish stance on cryptocurrency as an investment, today saying that “it’s going to transcend any one...
Business

AT&T Catches a Downgrade. It’s on Pace for Lowest Close Since 1994.

Jennifer DuBois -
AT&T Is Cheap and Its Dividend Is Huge. Why One Analyst Just Downgraded Its Stock. Source link
Business

Buffett-Backed BYD To See Q2 Profits Soar As Tesla Hits 2023 High

Jennifer DuBois -
BYD (BYDDF) signaled second-quarter earnings nearly tripling after the Chinese EV and battery giant scored record deliveries during the period. BYD stock edged...
Business

EV Sales Hit a Record in the US. Now Their Popularity May Be Waning

Jennifer DuBois -
This story first appeared on Grist, a nonprofit media organization covering climate justice and solutions.Electric vehicle sales in the United States set a record...
Business

State Street Plummets as Deposit Costs Rise. It Might Be a Better Indicator for Banks Than JP Morgan

Jennifer DuBois -
Rising deposit costs aren’t unique to any bank right now—even giants such as JPMorgan Chase and Wells Fargo. But some banks, because of...
Business

Ericsson, Nokia Warnings Spur Selling in Telco Stocks

Jennifer DuBois -
Almost every company in the telecommunications industry supply chain was tumbling Friday after ...
Business

Gatwick Airport staff to strike at start of summer holidays

Jennifer DuBois -
Almost 1,000 workers at Gatwick Airport, including baggage handlers and check-in staff, will stage eight days of strikes from later this month. Staff will...
Business

UPS to train nonunion employees as talks stall with union for 340,000 workers and deadline nears

Jennifer DuBois -
A little more than a week after contract talks between UPS and the union representing 340,000 of its workers broke down, UPS said...
Business

Dame Jayne-Anne Gadhia in talks to sell money-saving app Snoop to Vanquis

Jennifer DuBois -
Dame Jayne-Anne Gadhia, one of Britain’s most prominent businesswomen, is in advanced talks to sell her money-saving app to Vanquis Banking Group, the...
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