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Stocks

“Oracle Surges 12% While Apple, Amazon Tumble in Choppy Tech Week”

February 19, 2026

“The Nasdaq saw a chopping week last week. Oracle (ORCL) gained 12% but every single Magnificent 7 company fell into negative territory year-to-date. Microsoft (MSFT) and Amazon (AMZN) are now in bear market territory. NVIDIA (NVDA) declined last week despite… Continue Reading…

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Business

“GM posts 5.5% U.S. sales gain in 2025, Stellantis’ Jeep marks first increase in seven years”

January 18, 2026

“General Motors on Monday reported a 5.5% increase in its annual U.S. sales in 2025, despite a 6.9% decrease during the fourth quarter. The Detroit automaker retained its position as the largest seller of vehicles in the U.S. Stellantis, meanwhile,… Continue Reading…

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Stocks

“Magnificent Seven set to shed $1 trillion in value, led by Apple, Nvidia”

August 8, 2024

“High-performing shares of Alphabet, Amazon, Meta Platforms, Microsoft and Tesla fell as much as 12.2% in premarket trading. The losses in the Magnificent Seven stocks were set to wipe out nearly $1 trillion from the combined market value of the… Continue Reading…

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Stocks

“The stock market took a narrow road to record highs last month”

June 6, 2024

“…Just six large tech stocks contributed to more than 75% of the S&P 500’s gain in May, a move reminiscent of how the “Magnificent Seven” tech stocks drove the market rally in 2023. Rises in Apple (AAPL), Alphabet (GOOGL, GOOG), Microsoft (MSFT),… Continue Reading…

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Stocks

“3 “Magnificent Seven” Stocks That Can Plunge Up to 86%, According to Select Wall Street Analysts”

May 21, 2024

“Meta Platforms: Implied downside of 24%… Nvidia: Implied downside of 31%… Tesla: Implied downside of 86%…” https://finance.yahoo.com/news/3-magnificent-seven-stocks-plunge-090600935.html This is not hard to predict. When the market crashes tech stocks will take a major hit. Personally I don’t like either Meta… Continue Reading…

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Stocks

“The Biggest Loser in the “Magnificent Seven” Could Soar 1,140%, According to Cathie Wood’s Ark Invest”

March 20, 2024

“…Tesla stock is now trading 57% below its all-time high. The company is suffering from a slowdown in electric vehicle sales — where it generates most of its revenue — which is forcing investors to adjust their growth expectations for… Continue Reading…

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Real Estate

“Mortgage rates have dropped below 7%”

December 18, 2023

“Mortgage rates continued to drop last week after hitting a 23-year high in October.  Between Dec. 1 and 7, rates for 30-year fixed-rate mortgages fell from an average of 7.05% to 6.95%, according to mortgage finance agency Freddie Mac. This marks the seventh straight… Continue Reading…

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Stocks

“Carvana Stock Jumps on an Upgrade. Wall Street Still Isn’t Sure About Its 700% Rally.”

December 4, 2023

“CarvanaCVNA11.58% stock has skyrocketed from roughly $4 to $40 this year—and it’s up another 11% on Monday thanks to an upgrade…” https://www.barrons.com/articles/carvana-stock-price-sell-upgrade-429516f3?siteid=yhoof2 It’s to late to jump on board now. At least I wouldn’t do it. Most of the time when… Continue Reading…

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Banking

“Israel’s central bank sells $30 billion in foreign reserves after shekel slides to seven-year low”

October 9, 2023

“The Bank of Israel on Monday announced it will sell up to $30 billion in foreign reserves in a bid to support its domestic currency which has fallen sharply following the deadly incursion by Hamas militants over the weekend. The Israeli shekel last weakened… Continue Reading…

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Banking, Business, Economy

“Credit Crunch Fuels 48-Hour Bankruptcy Rush With Seven Filings”

May 16, 2023

“At least seven large companies filed for Chapter 11 bankruptcy protection in less than 48 hours, a breakneck pace of restructurings that included once-hot digital-broadcaster Vice Media LLC and KKR & Co.-backed Envision Healthcare Corp. That’s the largest number of… Continue Reading…

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