Tesla (TSLA -1.94%) will release its third-quarter results after the close on Wednesday, Oct. 21, with a live webcast to follow at 5:30 p.m. Eastern time. Some of the quarter is already known. The EV maker said it delivered 486,532 vehicles in the period,
» Read more about: The 1 Thing I'd Want Elon Musk to Answer on Tesla's Oct. 21 Call »
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There’s always money in the wealth division.
Despite some clouds hanging over the economy — rising oil prices,
» Read more about: Alts Goose Wall Street’s Wealth Units in Third Quarter »
Evercore’s Mahaney targets $150 for UBER, representing 116% upside, betting the company becomes the network orchestrator for autonomous fleets and backed by $10B in free cash flow.
UBER trades at 16x forward earnings versus DoorDash’s 38x, giving it the widest consensus upside gap among ride-share and delivery peers.
A sharp and widespread tech stock selloff entered its second day on Thursday, with interest in semiconductor shares souring as a hotter-than-expected inflation report boosted Fed rate-hike fears and AI spending concerns continue to mount.
» Read more about: Tech Selloff Extends On Hot Inflation Data, AI Spending Woes »
WASHINGTON, D.C. — Social Security benefits in the United States will rise by 3.6 percent in 2027, giving retired workers an average increase of about $75 a month, the Social Security Administration announced.
The cost-of-living adjustment (COLA) will affect nearly 72 million Social Security beneficiaries, including retirees, disabled workers and their families.
» Read more about: Social Security Benefits To Rise By 3.6 Pc In US Next Year »
Hello, this is Takemura, an administrative scrivener.
Recently, I have been seeing the phrase “Bank of Japan interest rate hike” in the news quite often. To be honest, at first, I just thought, “That’s a topic for big corporations or people with home loans, right?” I was convinced that it was a matter that didn’t really concern the disability welfare business operators around me.
» Read more about: The time I honestly thought the interest rate hike had nothing to do with me »
Falling long-term interest rates are lifting housing-linked stocks, and shares of the company that carries homes on its own balance sheet are moving the most. Opendoor Technologies (NASDAQ:OPEN) shares are up 7% to $2.14 in morning trading. Meanwhile, Zillow Group (NASDAQ:ZG) shares are up 7% to $31.40. Compass (NYSE:COMP) shares are up 6% to $9.32,
» Read more about: Opendoor and Zillow Surge 7% as Long-Term Rates Retreat; Compass Climbs 6% »
In today’s housing market, there is a growing divide between the “haves” and the “have-nots.”
The typical homebuyer faces mounting affordability challenges as home prices rise and inventory remains limited. Adding to the pressure: The recent surge in mortgage rates is making the decision to buy a home even more difficult for many,
» Read more about: High mortgage rates are deepening a ‘K-shaped’ housing market »
Dow Jones payments giant Visa (V) is in buy range above its latest entry amid this week’s strong breakout move. That makes Visa stock Thursday’s pick for IBD 50 Growth Stocks To Watch from Investor’s Business Daily. Visa stock boasts an ideal 99 Composite Rating, according to IBD Stock Checkup, making it the No.
