Elon Musk’s detailed strategy and road map at the shareholders meeting this week gave investors more clarity, Wedbush analyst Dan Ives says.
Key Words: Walmart CEO on higher costs for basics: ‘We all need those prices to come down’
Walmart Inc.’s chief executive sounded the alarm about the possible impact on demand on Thursday, saying, “We all need those prices to come down.”
The Ratings Game: Walmart is a ‘name to own’ after positive earnings report, analysts say
While consumer discretionary spending is under pressure, Walmart is increasing market share in grocery.
: Netflix is rallying for its highest close in more than a year
The video-streaming giant just announced it has 5 million subscribers to its ad-supported service.
Cannabis Watch: More Americans injured on the job are testing positive for cannabis
Quest Diagnostics, a major U.S. laboratory, recorded a 25-year high in those who have been injured and then tested positive for cannabis in their system.
: Would reparations lead to irresponsible spending? Studies on other cash windfalls suggest not, new report says.
Reparations payouts to Black Americans are unlikely to result in reckless spending, financial ruin and reduced labor productivity, researchers say.
Economic Report: Bad news for home buyers: Mortgage rates inch higher, adding costs to the home-buying process
The 30-year mortgage rate is averaging at 6.39%, Freddie Mac said in its latest weekly survey on Thursday.
The Moneyist: ‘When I ran it past the missus, she went ballistic’: I want to buy a $40,000 car, but my wife said no. Then things really got weird.
“After a decade-plus of driving the automotive equivalent of a plateful of boiled spinach, the new car has captured my imagination.”
Market Extra: Sam Zell — real estate mogul — is dead at 81
Sam Zell, a legendary real estate investor who made billions scooping up distressed commercial properties, has died at 81.
Earnings Results: Bath & Body Works’s stock jumps 9% as earnings show consumers receptive to new soaps, fragrances and men’s grooming products
Bath & Body Works Inc.’s stock soared 9% Thursday, after the retailer posted better-than-expected earnings and raised its bottom-line guidance.
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