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Tesla Stock Drops After Price Cuts in China. That Isn't What Investors Want.
Barrons· 2024-01-12 13:08
Tesla stock is falling after the electric-vehicle companies cut prices again in China. EV sales are going strong in the country but there are too many auto makers fighting for market share. ...
Why BlackRock Wants to Be Blackstone Again
Barrons· 2024-01-12 12:23
It’s not just the name: BlackRock, the world’s largest asset manager, has its roots in Blackstone, the world’s largest alternative investment manager. On the back of a multi-year boom in private equity and credit, it would make sense that the former wants to move closer to the business of the latter. ...
Tesla Halts Production at German Factory. Red Sea Disruptions Begin to Bite.
Barrons· 2024-01-12 10:29
Tesla is planning to halt production at its German factory for two weeks as attacks on Red Sea shipping lengthen transport times from Asia to Europe. It’s an example of how the disruption is hitting global supply chains and threatening to derail the fight against inflation. ...
So Long, Apple and Tesla. We Built a Better Magnificent 7.
Barrons· 2024-01-12 06:00
The Magnificent Seven had an extraordinary year in 2023—one that will be very difficult to repeat. And there will be a new Magnificent Seven in 2024. ...
UnitedHealth Reports Earnings Friday. What to Watch.
Barrons· 2024-01-11 21:00
The managed care giant UnitedHealth Group kicks off the earnings season for healthcare companies Friday morning. Investors will watch closely for updates on how intensely patients used healthcare services in the last quarter of the year, a key bellwether for the healthcare sector. ...
Netflix Surpasses 23 Million Monthly Active Users on Ad-Tier
Barrons· 2024-01-11 17:32
Netflix stock was rising Thursday after the streaming platform surpassed 23 million global monthly active users for its ad-based plan. ...
Tesla Is Raising Wages. It's a Win for the UAW, but Not a Loss for the EV Maker.
Barrons· 2024-01-11 16:11
Tesla Is Raising Wages. It’s a Win for the UAW, but Not a Loss for the EV Maker. ...
McDonald's Stock Will Top Yum! Brands in 2024, Says Analyst
Barrons· 2024-01-11 14:46
With a strong 2023 in the rearview mirror, Wells Fargo says it’s time to step back on KFC and Pizza Hut parent Yum! Brands, and keep betting on the golden arches. ...
Amazon Misses Concessions Deadline for iRobot Acquisition. What It Means for the $1.7 Billion Deal.
Barrons· 2024-01-11 14:03
Amazon.com did not file remedies to the European Commission over its proposed $1.7 billion acquisition of iRobot by the deadline. ...
These Dividend Kings Have Raised Their Payouts for 60 Years or More.
Barrons· 2024-01-11 13:38
Coca-Cola and Other Dividend Kings That Have Raised Their Payouts for 60 Years or More ...