Ford Mustang Mach-E EV vehicles at a Ford dealership in Los Angeles, California, US, on Thursday, Oct 16, 2025. Kyle Grillot | Bloomberg | Getty Images DETROIT — Sales of all-electric vehicles collapsed last month following the end of up to $7,500 in federal incentives for purchasing an EV, several automakers said Monday. Ford Motor,…
Investing is not just a game of giant Jenga. But the pessimistic hedge funds, or the ones who must have shorts on to justify their high fees, as well as their media acolytes who sound so painfully bearish even if they are just trying to sound like informed skeptics, sure make it seem that way…
Toyota Motor Corp President Akio Toyoda gets out of a Tesla Motor’s Roadster electric car with Tesla Motors Chief Exective Officer Elon Musk (behind car) upon their arrival at a news conference in Tokyo November 12, 2010. Issei Kato | Reuters Eight years ago, Tesla CEO Elon Musk promoted a next-generation Roadster, basing the name of the…
This week’s earnings from major tech megacaps — namely Amazon, Alphabet, Apple, Microsoft and Meta — are vital to the market’s performance over the next few months, CNBC’s Jim Cramer said on Monday. “We know that the market’s direction for the next couple of months will be defined by the results we get this week,”…
U.S. President Donald Trump poses for a photo with China’s President Xi Jinping before their bilateral meeting during the G20 leaders summit in Osaka, Japan, June 29, 2019. Kevin Lamarque | Reuters The mere prospect of a U.S.-China trade deal is enough to send global markets higher. On Monday stateside, the S&P 500, Dow Jones…
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla Board Chair Robyn Denholm, in a letter Monday, asked shareholders to vote for CEO Elon Musk‘s nearly $1 trillion pay package ahead of the company’s annual meeting. Denholm said Musk was key to…
People shop for food at a supermarket in Monterey Park, California on September 9, 2025. Frederic J. Brown | Afp | Getty Images A tamer-than-expected U.S. inflation report for September injected optimism into markets. Traders are now betting that the Federal Reserve will almost certainly cut rates at its October meeting — scheduled for later…
Cameron Pappas, owner of Norton’s Florist Norton’s For Cameron Pappas, owner of Norton’s Florist in Birmingham, Alabama, the artificial intelligence boom is a world away. While companies like Nvidia, Alphabet and Broadcom are lifting the stock market to fresh highs and bolstering GDP, Pappas is experiencing what’s happening in the real economy, one that’s far removed…
Tesla reported a 12% increase in third quarter revenue on Wednesday following two straight periods of declines. However, earnings missed analyst estimates, pushing the stock down about 2% in extended trading. Here’s how the company did, compared with estimates from analysts polled by LSEG: Earnings per share: 50 cents adjusted vs. 54 cents estimated Revenue: $28.10…
Despite all eyes on the Magnificent Seven, CNBC’s Jim Cramer said that strong earnings results from companies in the “real economy” were responsible for Tuesday’s rally. “We got some tremendous numbers from actual businesses,” Cramer said. “And I think we need to celebrate that so many companies not connected to the data center or artificial…
