The Daily

These billionaire investors even initiated positions in the stock in the same quarter.

 » Read more about: Here's the Only Stock Billionaires Warren Buffett and David Tepper Both Own  »

• Tesla is set to report earnings, with Wall Street focusing on its core auto business performance.
• Analysts will be watching its profit margins amid fading hype around Tesla’s robotaxi.
• Tesla stock is down more than 12% this year, contrasting with the S&P 500’s 22% gain.

 » Read more about: Tesla earnings live updates: robotaxi hype has faded and the stock is down; analysts will watch profit margins during call  »

One of these players may decline in months to come if Wall Street estimates are right.

 » Read more about: These 2 Artificial Intelligence (AI) Giants Are Trading at Record Highs. Wall Street Says Only 1 Is a Buy.  »

• Goldman Sachs and JPMorgan Asset Management are becoming a bit less bullish.
• Although the US economic outlook is strong, returns may have been pulled forward.
• However, real estate — specifically the commercial side — may be poised to take off.

 » Read more about: 'Generational opportunity': Invest in real estate as stock and bond returns shrink, according to $3.5 trillion JPMorgan Asset Management  »

Nvidia Stock Is Slipping. What Comes Next in the AI Rally.

 » Read more about: Nvidia Stock Is Slipping. What Comes Next in the AI Rally.  »

Updated October 23, 2024 at 05:01 AM ET

SEATTLE — The Boeing machinists union overwhelmingly rejected the company’s first contract offer more than five weeks ago.

Now there’s a better offer on the table. And this time, the vote could be much closer.

“Our members have been able to get Boeing to move a lot,” said Jon Holden,

 » Read more about: Boeing workers vote on a new contract, but the company’s problems are far from over  »

US-based specialty insurance broker Risk Strategies has strengthened its Employee Benefits Practice in New England with the purchase of George W. Blaisdell Insurance.

Financial details related to the acquisition were not revealed.

Established in 1988 by George W. Blaisdell, the acquired agency is a specialised provider of employee benefits insurance and related services in the New England region.

 » Read more about: Risk Strategies bolsters New England foothold with new acquisition  »

Editor’s note: This is the final part of a six-part series in which Peter Newman, CFA, of Peak Wealth Planning, explains the benefits of employee ownership for the U.S. workforce. There are more than 6,500 Employee Stock Ownership Plans, or ESOPs, in the U.S. covering almost 14 million employees. See below for the links to the previous articles in the series.

 » Read more about: How Much Retirement Income Could Your ESOP Generate?  »

Almost half of equity mutual funds surpassed their benchmarks in September 2024. A total of 137 funds outperformed their benchmarks by the end of the month, a recent report by Prabhudas Liladhar Wealth Management has stated. The assets under management (AUM) of equity mutual funds saw a sequential increase of 3.10% to Rs 26.43 lakh crore in September 2024,

 » Read more about: Mutual funds: These schemes have given more than 60% return and are the best performing funds in 2024; check details  »

TSMC’s stock is trading at an all-time high, but the room for growth remains large.

 » Read more about: Up 100% This Year, This Tech Stock Just Joined the Trillion-Dollar Club. Should You Invest Now?  »