Tesla Stock Tumbles Despite Wall Street Hanging Near Records
Tesla’s stock tumbled 7.8 percent on Friday, weighing heavily on U.S. markets despite Wall Street’s approach toward new records.
The sharp decline came after the electric-vehicle maker’s “We, Robot” event on Thursday night, at which CEO Elon Musk unveiled the much-anticipated Cybercab, a fully self-driving prototype.
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Read MoreSeven 401(k) Mistakes That Could Tank Your Retirement
When it comes to potential 401(k) mistakes, it pays to listen to the investing gurus. Warren Buffet once said, “Rule No. 1: Never lose money. Rule No. 2: Never forget rule No. 1.” Wise advice, especially when planning your retirement, where there may not be time for do-overs in your 401(k) plans.
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Read MoreAnother key US inflation gauge fell in September
CNN
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Inflation for US producers slowed further in September, adding to hopes that prices aren’t getting jacked up before they get to consumers.
The Producer Price Index, which measures average price changes seen by producers and manufacturers, came in at 1.8% for the year that ended in September,
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Read MoreUS Election 'Nostradamus' Reveals Potential Future Presidents
This election isn’t over yet but there are some out there already speculating about who might inhabit the White House in 2028 and beyond.
Presidential historian Allan Lichtman, known by many as the “Nostradamus” of U.S. elections for his impressive track record predicting the outcome, has revealed who he thinks the future presidential candidates may be after former President Donald Trump and Vice President Kamala Harris.
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Read MoreBillionaires Are Buying Up This Millionaire-Maker Stock
Investing can be as simple as buying great stocks when they’re on sale, even if you’re a billionaire.
Wall Street works for everyone, but some of the ultra-wealthy billionaires seem to have a certain aura about them, as if they have some inside track on the market’s pulse. These folks tend to manage money for clients or themselves and,
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Read MoreThe Burst
The Ivy
1 High Potential Growth Stock To Avoid Now
As markets dropped at the beginning of 2022, growth stocks took a nosedive. Even big name firms got a severe haircut. Netflix (NFLX) fell by more than 70%, Salesforce (CRM) dropped by over 36%, and Meta Platforms Inc. (META) plummeted more than 52%.
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