Articles

Fidelity believes its stake in X, formerly known as Twitter, is now worth 71.5% less than when Musk bought it

Fidelity has again marked down its stake in Elon Musk's social media platform, formerly known as Twitter though now called X, which the money manager helped him purchase for $44 billion.

Stock market’s 9-week rally leaves S&P 500 clearly ‘overbought’ — here’s the ‘good’ news

It's probably no surprise that a run of nine straight weekly gains --- the longest since 2004 --- leaves the S&P 500 index in what the technicians call “overbought” territory as the new year gets under way.

AMC CEO slams ‘prophets of doom,’ says company is ‘blazing new trails’ as it enters 2024

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How to recover from your holiday-spending hangover in the New Year

3 steps to get your finances back on track in 2024

Tesla is getting beat by China’s BYD on EV sales

Tesla's stock is set to start 2024 with a third straight decline, after delivery data showed that China-based auto giant BYD Co. is beating Tesla in the electric-vehicle game.

Why investors should be wary of New Year ‘head fakes’ for this hot asset class

Small-caps had a great end to 2023, but hedge funds may only be covering their shorts. Beware says our call of the day.

Apple’s stock falls after ‘sell’ call from Barclays

Shares of Apple Inc. are starting 2024 with a selloff, after Barclays analyst Tim Long said it was "time for a breather," citing weak hardware sales as iPhone 15 demand disappoints.

U.K. stock market ‘in a quagmire of existential angst’ as FTSE 100 celebrates 40th birthday

London's FTSE 100 will celebrate its 40th birthday on Wednesday. But it's been a hard life for U.K's blue-chip barometer since it came of age.

A stock investor’s guide to the first trading days of 2024

'January Effect' has no lasting effect at all.

Bad news for Biden: Americans feel worse about the economy than they should

Consumers don’t want inflation just to stop -- they want prices rolled back significantly.

Oil prices rise as Iran sends warship to Red Sea after U.S. destroys Houthi vessels

Oil futures rose Tuesday to kick off the new year after an Iranian warship entered the Red Sea, heightening tensions and fears of crude supply disruptions sparked by attacks on shipping by Iran-backed Houthi rebels in Yemen.

‘He broke down in tears’: I gave my contractor $100,000 for materials, but he used it to pay off his debts. What can I do?

"Do I stay quiet and continue dogging him for money until he pays me back, or report him and put him out of business thereby protecting others from a similar fate?"
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