Tesla is down 35% since Elon Musk first said he wanted to buy Twitter

Tesla is down 35% since Elon Musk first said he wanted to buy Twitter

Elon Musk attends the 2022 Met Gala celebrating “In America: An Anthology of Fashion” at the Metropolitan Museum of Art on May 2, 2022 in New York City. (Photo by Gotham/Getty Images) Gotham | Getty Images Since Tesla CEO Elon Musk announced his bid to buy the social network Twitter, shares of his electric car … Read more

Wells Fargo, Ford and Apple in the news the club receives

Wells Fargo, Ford and Apple in the news the club receives

Club stocks Wells Fargo ( WFC ), Ford ( F ) and Apple ( AAPL ) are in the news Wednesday, with potential implications for our investment outlook. Here are today’s notable headlines along with the club’s footage. Wells Fargo The News: Wells Fargo could begin another round of layoffs at its mortgage division amid … Read more

Ford’s October sales fell 10% due to supply chain problems

Ford’s October sales fell 10% due to supply chain problems

Ford F-150 pickup trucks at a dealership in Colma, Calif., on Friday, July 22, 2022. David Paul Morris | Bloomberg | Getty Images DETROIT – Ford Motors US sales fell 10% last month as the automaker struggled through supply chain problems that delayed shipments to dealers. The Detroit automaker on Wednesday reported sales of 158,327 … Read more

Here is an overview of 8 price target changes we have made in Club shares

Here is an overview of 8 price target changes we have made in Club shares

This earnings season has been a tough one for our major tech stocks – and as a result, we’ve lowered several of our price targets based on the companies’ latest quarterly reports, forward guidance and commentary. The current rising interest rate environment and the strong US dollar – another 75 basis point rate hike from … Read more

GM temporarily suspends advertising on Twitter following Elon Musk takeover

GM temporarily suspends advertising on Twitter following Elon Musk takeover

A General Motors sign is seen during an event on January 25, 2022 in Lansing, Michigan. – General Motors will create 4,000 new jobs and retaining 1,000, and significantly increasing battery cell and electric truck manufacturing capacity. Jeff Kowalsky | AFP | Getty Images DETROIT – General Motors is suspending its advertising on Twitter following … Read more

Chrysler owner Stellantis offers buyouts to some US employees

Chrysler owner Stellantis offers buyouts to some US employees

The sign is seen outside of the FCA US LLC Headquarters and Technology Center as it is changed to Stellantis on January 19, 2021 in Auburn Hills, Michigan. – Newly-created European carmaker Stellantis motored its way January 18, 2021 onto the Paris and Milan stock exchanges. Stellantis — created by the merger of France’s PSA … Read more

AutoNation, Lithia Rally Despite Wall Street’s ‘Demand Destruction’ Theory

AutoNation, Lithia Rally Despite Wall Street’s ‘Demand Destruction’ Theory

Vehicles on display for sale at an AutoNation car dealership on April 21, 2022 in Valencia, California. Mario Tama | Getty Images DETROIT – Shares of AutoNation, Group 1 Automotive and other auto dealers rose Thursday after strong third-quarter earnings and an upbeat outlook for consumer demand for new cars. The results and comments followed … Read more

Apple, Boeing, AMC, Meta, Amazon, Tesla, Ferrari

Apple, Boeing, AMC, Meta, Amazon, Tesla, Ferrari

Here are Thursday’s biggest calls on Wall Street: Barclays reiterates Apple as balanced Barclays said it sees “upside to consensus” heading into Apple’s earnings on Thursday. “We expect upside to consensus for Sep-Q revenue and earnings with still robust iPhone 14 pro demand and Mac strength offsetting escalating exchange rates, Services/TAC weakness and other macro … Read more

Meta Platforms, ServiceNow, Align Technology and more

Meta Platforms, ServiceNow, Align Technology and more

A logo from Meta Platforms Inc. seen at its stand, at the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France, on June 17, 2022. Benoît Tessier | Reuters Check out the companies making headlines after the hour: Meta platforms – The Facebook parent fell more … Read more