Jim Cramer Says He Would Not Buy This Health Care Stock At This Level: ‘Wait For A Pullback’
On CNBC’s “Mad Money Lightning Round,” Jim Cramer said no to Nextracker. “Nextracker’s a mistake that I made,” he added. read more
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Southwest Airlines Beats Q3 Street Expectations, Secures Agreement With Elliott Management-Driven Board Overhaul
Southwest Airlines reported Q3 results, beating revenue & EPS consensus. Operating income & expenses down. New directors appointed. Q4 guidance released. read more
Kamala Harris’ Economic Policies ‘More Robust, More Sustainable,’ Says Nobel Winning Economist Daren Acemoglu As He Is Endorses Vice President With 22 Others
The letter, signed by more than half of the living U.S. recipients of the Nobel Prize in economics, describes Harris’s economic plan as “vastly superior.” read more
Peter Schiff Warns Investors Against Keeping $20K In Cash: ‘One Of The Riskiest Bets You Can Make’
Prominent economist Peter Schiff cautioned investors against holding cash as a long-term strategy, warning of significant purchasing power erosion amid growing inflation concerns. read more
Satoshi Nakamoto Better Not Be Danish, Tyler Cowen Quips As Denmark Proposes To Tax Unrealized Crypto Gains
Denmark’s Tax Law Council has put forth a proposal to tax unrealized gains and losses on cryptocurrency assets in the same way that it taxes stocks and bonds. read more
Boeing Stock Falls Deeper In Red Premarket As Troubles Mount
Boeing attributed the results to the ongoing strikes led by the International Association of Machinists and Aerospace Workers (IAM) and previously announced charges on commercial and defense programs. read more
How are AI investments leading to mass layoffs in tech?
The technology sector continues to experience significant workforce reductions, with Layoffs.fyi reporting over 165,000 layoffs in 2022 and 264,000 in 2023. So far in 2024, more than 132,900 employees from 410 tech companies have been let go, as tracked by the same site. According to an additional analysis by IT jobs portal Trueup.io and estimates…
Elon Musk Apologizes To ‘Long Suffering’ Deposit Holders Of New Tesla Roadster, But Says The Delay Is ‘Cherry On The Icing On The Cake’
The new Tesla Roadster, originally slated for a 2020 release, has faced multiple postponements, with the latest update suggesting production might not begin until after 2025. read more