Don’t look now, but the stock market is back to breakeven. The Nasdaq Composite turned positive on Tuesday, while the S&P 500 was flat. The Dow was still down 89 points, or 0.2%. But breadth was improving slightly as the day rolled on: The Invesco S&P 500 Equal Weight ETF was down just 0.2% and climbing with roughly 209 S&P …
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US consumer sentiment slips again in September, University of Michigan survey says – Reuters
US consumer sentiment slips again in September, University of Michigan survey says Reuters Consumer sentiment drops in September as Americans anticipate job market risks Yahoo Finance Americans are feeling a lot worse about the state of the economy CNN Consumer sentiment worsens as some economists warn of ‘stagflation’ ABC News U.S. consumer sentiment drops to lowest point since May CBS News Source link
Read More »Dow Slips; S&P 500, Nasdaq Rise; Adobe, Nvidia, Warner Bros, Oracle, Super Micro, More Movers
Stocks are wavering Friday to wrap up what has been a stellar week for the market. The S&P 500 was flat at the open, and the tech-heavy Nasdaq Composite was up 0.1%. Both indexes have risen each day this week, the longest winning streak since late July. The Dow was down 72 points, or 0.2%, after ending at an all-time …
Read More »Dow Slips as Nasdaq Hits New Record High; Telsa Leads Tech Stock Higher
Tesla’s Rising Stock Is Moving Toward Break-Even for 2025 42 minutes ago Tesla’s stock is on the rise. Shares of the electric vehicle maker, up 10% this month through Thursday’s close—and up another 6% so far today—are on a roll. Though it’s been bumpy, Tesla (TSLA) stock has climbed off year-to-date lows around $222, seen in March, and is approaching …
Read More »“Waste of Time”: Boeing Stock (NYSE:BA) Slips As St. Louis Strike Goes Unresolved After Mediation
The St. Louis strike for aerospace stock Boeing (BA) is still going on, even as Boeing looks to bring in permanent replacement workers for the strikers. And a recent four-hour session with a federal mediator proved to be less than productive as well, with the union declaring it a “…waste of time.” This did little good for Boeing shares, as …
Read More »Holthaus Out: Intel (NASDAQ:INTC) Stock Slips With Veteran’s Departure
She was head of products. She was, briefly, co-CEO. Michelle Johnston Holthaus was a big deal at chip stock Intel (INTC), but she is that no longer. She is departing the company after a 30-year tenure at Intel that saw her placed in charge, if only in that time between Pat Gelsinger and Lip-Bu Tan. And investors did not take …
Read More »“Ahead of Schedule”: Starbucks Stock (NASDAQ:SBUX) Slips as Turnaround Project Picks Up the Pace
Coffee giant Starbucks (SBUX) has been in the midst of a turnaround project for the last year now, ever since Brian Niccol took the job right around the same time. The project has been extensive, with major remodeling taking place and some friction coming up along the way with baristas who are not seeing the impact of the changes themselves. …
Read More »“Permanent Replacement Workers”: Boeing Stock (NYSE:BA) Slips as Scabs Come In
If you are not familiar with the term “scab,” then you may not pay much attention to union terminology. A “scab” is “a person who takes over the job of striking workers or works during a strike.” And aerospace stock Boeing (BA) seems to be ready to bring in exactly that, as it seeks “permanent replacement workers” for the strikers …
Read More »Pentagon cuts back F-35 upgrades to slow schedule slips: Auditors
The F-35 Joint Strike Fighter program is scaling back its ambitions for a slate of upgrades called Block 4, the Government Accountability Office said Wednesday, as the aircraft struggles with production delays, cost overruns and supply chain snarls. The downgrading of plans for F-35 upgrades, revealed in GAO’s report “F-35 Program: Actions Needed to Address Late Deliveries and Improve Future …
Read More »Nestle Stock (NSRGY) Slips on ‘Necessary’ CEO Exit
Nestle (NSRGY) stock slipped on Tuesday after the CEO of the candy and coffee company was fired over an inappropriate relationship. Nestle CEO Laurent Freixe was dismissed from the company without an exit package over an undisclosed romantic relationship with a direct subordinate. This was in violation of the company’s Code of Business Conduct. Elevate Your Investing Strategy: Take advantage of …
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