March 15, 2024
“…Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their monthly income and with a 10% down payment, according to a recent report by Zillow Group. That is no longer the… Continue Reading…
February 26, 2024
“Share prices of Nvidia (NASDAQ: NVDA) and CrowdStrike (NASDAQ: CRWD) soared more than 1,000% and 400%, respectively, over the last four years. Those monster gains make the companies stock-split candidates in 2024, but both are worthwhile investments whether or not those splits happen… Grand View Research… Continue Reading…
February 23, 2024
“Uber’s stock closed up more than 14% on Wednesday after the ride-hailing company announced it will buy back up to $7 billion worth of company shares… The buyback news comes a week after Uber reported fourth-quarter results that beat Wall Street’s earnings and revenue… Continue Reading…
February 23, 2024
“Shares of SoftBank Group rose as much as 15.29% Friday morning, a day after the Japanese investment firm posted earnings that beat analysts’ expectations. SoftBank’s on Thursday posted its first quarterly profit following four quarters of losses, thanks to big gains at… Continue Reading…
February 22, 2024
“…Advance retail sales declined 0.8% for the month following a downwardly revised 0.4% gain in December, according to the Census Bureau. A decrease had been expected: Economists surveyed by Dow Jones were looking for a drop of 0.3%, in part to… Continue Reading…
February 20, 2024
“…Americans now owe $1.13 trillion on their credit cards, the Federal Reserve Bank of New York reported Tuesday. Balances jumped 10% from a year ago, according to a separate quarterly credit industry insights report from TransUnion, with the average balance per consumer hitting… Continue Reading…
February 15, 2024
“…Advance retail sales declined 0.8% for the month following a downwardly revised 0.4% gain in December, according to the Census Bureau. A decrease had been expected: Economists surveyed by Dow Jones were looking for a drop of 0.3%, in part to… Continue Reading…
February 15, 2024
“…The consumer price index, a broad-based measure of the prices shoppers face for goods and services across the economy, increased 0.3% for the month, the Bureau of Labor Statistics reported. On a 12-month basis, that came out to 3.1%, down… Continue Reading…
February 12, 2024
https://www.wsj.com/business/autos/ford-could-get-50-more-profit-without-evs-553ba3c9 The article is behind a paywall so I’ll just make a few comments. EV’s are garbage. Ford should take a hint and listen to it’s customers. They don’t want EV’s. It’s amazing how Ford could make so much more… Continue Reading…
January 31, 2024
“…There are a few reasons for this, but the most evident and potent is related to evolving supply and demand dynamics and historical patterns. History doesn’t always repeat itself, but it often rhymes. And if something similar to years past… Continue Reading…
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