Stocks

“Tesla stock is still a sell after its 40% plunge, UBS warns”

“…Tesla shares are down 40% year to date and are the worst-performing component of the “Magnificent Seven” stocks — which also include Apple (AAPL), Amazon (AMZN), Nvidia (NVDA), Google (GOOG), Microsoft (MSFT), and Meta (META)…” https://finance.yahoo.com/news/apples-ai-strategy-is-showing-troubling-cracks-150559429.html Buy the dip. (with… Continue Reading…

Stocks

“Dow tumbles 500 points as new Trump tariffs rekindle market rout…”

“The Dow Jones Industrial Average fell Tuesday after President Donald Trump placed additional tariffs on Canadian steel and aluminum coming into the U.S. The 30-stock average lost 565 points, or 1.4%, while the S&P 500 dropped 1%. The Nasdaq Composite slipped 0.6%. In a Truth Social… Continue Reading…

Stocks

“Dow drops 300 points as market sell-off gains steam on recession fears…”

“…The Dow Jones Industrial Average dropped 392 points, or 0.9%. The S&P 500 shed 1.8%, and the Nasdaq Composite lost 2.8%. The tech-heavy Nasdaq was weighed down by declines in the “Magnificent Seven” cohort. Tesla shed 6%, Alphabet fell 4%, Meta lost 3% and AI darling Nvidia slipped 2%….” https://www.cnbc.com/2025/03/09/stock-market-news-today-live-updates.html How long have I… Continue Reading…

Stocks

“The Magnificent 7 trade is struggling — Here’s why”

https://finance.yahoo.com/news/the-magnificent-7-trade-is-struggling–heres-why-181716458.html I don’t care enough to read what the article has to say. The magnificent 7 are overvalued. It’s that simple. The current stock market is top heavy. Smaller companies are not overvalued as much. If the stock market tanks… Continue Reading…

Business, Stocks

“Why legendary industrial giant Honeywell is breaking up”

Honeywell ended months of speculation on Thursday by announcing it would split into three listed companies: Honeywell Automation, Honeywell Aerospace, and Advanced Materials. The automation business will stay focused on building that technology, while aerospace is dedicated to tech for plane cockpits.… Continue Reading…

Stocks

“Nvidia plummets 11% to lead global tech sell-off as China’s DeepSeek raises questions about AI chip spending”

“U.S. technology firms like Nvidia plunged, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off. DeepSeek launched a free, open-source large language model in late December, claiming it was… Continue Reading…

Stocks

“Hedge funds turn cautious on stocks to start 2025, dumping shares at fastest pace in 7 months”

https://www.cnbc.com/2025/01/07/hedge-at-start-of-2025-are-dumping-shares-at-fastest-pace-in-7-months.html The article is behind a paywall but I want to say a couple things about the headline. This is good news for highly shorted stocks like GME and AMC. Hedge funds don’t seem so bold now. Lets see how… Continue Reading…

Stocks

“Nvidia stock closes at new record ahead of CEO Jensen Huang’s CES keynote”

“Nvidia (NVDA) stock closed at a record high on Monday ahead of CEO Jensen Huang’s keynote address at the annual Consumer Electronics Show (CES) in Las Vegas. Shares rose more than 3% to $149.43 — north of Nvidia’s previous record closing price… Continue Reading…

Stocks

“Foxconn beats estimates with record fourth-quarter revenue on AI demand”

“…TAIPEI (Reuters) -Taiwan’s Foxconn, the world’s largest contract electronics maker, beat expectations to post its highest-ever revenue for the fourth quarter on continued strong demand for artificial intelligence (AI) servers. Revenue for Apple’s biggest iPhone assembler jumped 15.2% to T$2.13… Continue Reading…

Stocks

“Tesla stock slips after EV maker misses estimates on deliveries”

“Tesla posted third-quarter deliveries and production numbers on Wednesday. The company’s stock price jumped 32% in the quarter, which ended on Monday. Tesla faces increasing competition, most notably in China…” https://www.cnbc.com/2024/10/02/tesla-tsla-q3-2024-vehicle-delivery-and-production-numbers.html