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Personal Finance

“Imposter scams cost older adults $700 million in 2024, FTC finds”

August 8, 2025

“Criminals are increasingly pilfering the retirement and other financial accounts of older Americans via so-called “imposter” scams, the Federal Trade Commission reported Thursday. The frauds tend to go like this: Scammers conjure a fake crisis and pose as trustworthy sources — perhaps a representative… Continue Reading…

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Business

“Ford CEO says China operations earned $600 million in 2024”

January 10, 2025

“”Ford Motor’s operations in China earned roughly $600 million last year. Farley said those earnings included the export of vehicles such as the Lincoln Nautilus, which is exclusively produced in China for other markets such as the U.S. China has been… Continue Reading…

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Stocks

“Europe automaker shares slump after Mercedes becomes latest to cut 2024 guidance”

September 24, 2024

“Mercedes shares fell more than 6% Friday after becoming the latest carmaker to cut its 2024 guidance. The German carmaker cited weaker demand from China as the main driver of the downgrade. The auto sector was dragged lower on the… Continue Reading…

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Business

“Dick’s Sporting Goods blows past earnings estimates but issues cautious guidance ahead of 2024 election”

September 5, 2024

“…The sporting goods store comes behind a string of other retailers that issued muted or cautious guidance for the back half of the fiscal year as companies prepare for the presidential election in November and what some fear could lead… Continue Reading…

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Energy

“U.S. crude oil holds above $72 per barrel after erasing most of 2024 gain”

August 22, 2024

“…The U.S. benchmark is now up just 0.91% for the year, while global benchmark Brent crude has erased all of its gains for 2024. Oil prices settled more than 1% lower on Wednesday after U.S. job growth was revised significantly lower,… Continue Reading…

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Stocks

“Intel has worst day on Wall Street in 50 years, falls to lowest price in over a decade” [Aug 2 2024]

August 6, 2024

“…The stock plummeted 26% to $21.48 at the close. It was the second worst day ever for the shares, behind only a 31% drop in July 1974, which was three years after Intel’s IPO. The company’s market cap is now… Continue Reading…

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Stocks

“Prediction: Nvidia’s Stock Correction Will Lead to Outsized Gains in the Second Half of 2024”

July 24, 2024

“…But no stock goes straight up forever, and valuation still matters. A correction in the stock was inevitable and finally occurred over the last month. Nvidia shares recently traded as much as 13% below the closing record high set on June 18.… Continue Reading…

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Business

“Tesla China Shipments Expected to Slump for Fourth Time in 2024”

July 9, 2024

“”Tesla Inc. suffered a 24.2% year-on-year fall in shipments from its factory in Shanghai, marking the fourth time this year output has fallen for the electric car leader amid a price war in China…” https://finance.yahoo.com/news/tesla-china-shipments-expected-slump-094746245.html I can’t read anymore. I… Continue Reading…

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Stocks

“This Semiconductor Stock Has Jumped 48% in 2024, and Artificial Intelligence (AI) Could Help It Soar Further”

July 2, 2024

“ Share prices of Cirrus Logic (NASDAQ: CRUS) have been in fine form so far in 2024, clocking gains of 48% as Wall Street turns bullish on the chipmaker’s prospects. The market is excited about a turnaround in the smartphone market, its solid… Continue Reading…

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Stocks

“3 Stocks That Have Soared 179% or More in 2024 and Could Go Even Higher, According to Wall Street”

July 2, 2024

“…1. Summit Therapeutics Summit Therapeutics (NASDAQ: SMMT) is sizzling hot this year, with its shares skyrocketing around 220%. All of this huge gain has come since late May… 2. Super Micro Computer Shares of Super Micro Computer (NASDAQ: SMCI) have nearly tripled so far in… Continue Reading…

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