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May 19, 2022
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Tag: Commodity/Financial Market News

Business

Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist.

May 19, 2022 - by admin - Leave a Comment

“Is the economy under control or is it spiraling out of control? That’s the million-dollar question traders continue arguing over,” sums up CrackedMarket blogger Jani Ziedins. Clearly, the latter argument …

Will the stock market drop 20% or 48% from the peak? Here’s the key factor, says this strategist. Read More
Business

More Crypto Market Turmoil Is Predicted by SEC Chairman Gary Gensler

May 19, 2022 - by admin - Leave a Comment

WASHINGTON—Securities and Exchange Commission Chairman Gary Gensler said Wednesday he worries that more investors will be harmed in cryptocurrency markets, after this month’s implosion of the stablecoin known as TerraUSD. …

More Crypto Market Turmoil Is Predicted by SEC Chairman Gary Gensler Read More
Business

Melvin Capital to Close Funds, Return Cash to Investors

May 19, 2022 - by admin - Leave a Comment

Melvin Capital plans to close its funds and return the cash to its investors, capping a stunning reversal for a firm that lost big on the surge in meme stocks …

Melvin Capital to Close Funds, Return Cash to Investors Read More
Business

Elon Musk Calls ESG ‘An Outrageous Scam’ After Tesla Was Removed From Index

May 19, 2022 - by admin - Leave a Comment

Tesla inc. TSLA -6.80% was recently dropped from an equity index that tracks environmental, social and governance principles. Elon Musk isn’t pleased. In a slew of tweets, Mr. Musk, Tesla’s …

Elon Musk Calls ESG ‘An Outrageous Scam’ After Tesla Was Removed From Index Read More
Business

Opinion: The odds are against Elon Musk making Twitter a more profitable company

May 18, 2022 - by admin - Leave a Comment

Elon Musk may be discovering what experts in organizational behavior have known for years: white knights rarely rescue companies. This could explain Musk’s reticence to go forward with his proposed …

Opinion: The odds are against Elon Musk making Twitter a more profitable company Read More
Business

Tesla Got Kicked Out of the S&P 500 ESG Index. Why That’s a Shock.

May 18, 2022 - by admin - Leave a Comment

The US produces about 40% of its electricity from nuclear power and renewable sources. Chris Delmas/AFP via Getty Images Textsize Tesla no longer qualifies for inclusion in the S&P 500 …

Tesla Got Kicked Out of the S&P 500 ESG Index. Why That’s a Shock. Read More
Business

Stocks Open Lower After Tuesday Rally

May 18, 2022 - by admin - Leave a Comment

US stock indexes fell in early trading after signs that rising costs were weighing on some companies’ profits, putting Wall Street on course to extend the year’s volatility. The Dow …

Stocks Open Lower After Tuesday Rally Read More
Business

Why this investor who paid $650,000 to lunch with Buffett isn’t buying or selling stocks right now

May 18, 2022 - by admin - Leave a Comment

It’s 13-F season, and you’re not going to find many like Guy Spier’s Aquamarine Capital in the first quarter —- zero buys, zero sells. “Pathetic, isn’t it,” quips Spier in …

Why this investor who paid $650,000 to lunch with Buffett isn’t buying or selling stocks right now Read More
Business

Dow climbs third straight day as stocks end sharply higher after retail sales, Fed Chair Powell’s remarks

May 18, 2022 - by admin - Leave a Comment

US stocks closed sharply higher Tuesday, after retail sales data for April suggested the economy remained healthy and as investors weighed remarks by Federal Reserve Chairman Jerome Powell. On monday, …

Dow climbs third straight day as stocks end sharply higher after retail sales, Fed Chair Powell’s remarks Read More
Business

Stocks Rise Ahead of Powell Talk

May 17, 2022 - by admin - Leave a Comment

US stock indexes climbed Tuesday as investors snapped up beaten-down shares in technology, banking and other sectors. The S&P 500 rose 1.4% in morning trading, while the Dow Jones Industrial …

Stocks Rise Ahead of Powell Talk Read More

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