Articles

Nio’s stock surges as May deliveries set monthly record

Nio’s stock charged higher Monday after the China-based electric vehicle maker reported a new monthly record for vehicle deliveries. The company has reported delivery increases for three straight months.

Bill Ackman’s Pershing Square sells 10% stake for $1.05 billion to investors

The hedge fund has struck a deal to sell a 10% stake in itself to an consortium of investors following reports it is preparing for a public float

JetBlue offers an improved outlook while saying travel demand remains healthy

JetBlue’s stock rose premarket on the positive guidance.

These alternative ETFs are costly options for your money — in more ways than one

Above-average management fees and overvalued investments are a toxic mix.

The NYSE and Nasdaq have become the hottest clubs in New York. Here’s why.

Sure, they’re about buying and selling stocks, but they’re also about serving up the breakfast bacon — or hosting a pickleball match.

Oil prices choppy after OPEC+ plans to begin phasing out voluntary cuts in Q4

Oil futures swing between gains and losses after OPEC+ decides to begin slowly phasing out some voluntary cuts in October.

Spotify is raising prices again. What listeners need to know.

Spotify’s individual monthly plan will start at $11.99 — more expensive than the comparable offering from Apple Music.

Nvidia needs to grow by 70% a year for the stock to keep up its momentum

Nvidia’s shareholders need a reality check.

Edwards Lifesciences to get $4.2 billion in cash for sale of critical-care group

Edwards said it plans to use the proceeds from the sale of the business to fund investments for growth, such as in technologies for aortic, mitral, tricuspid and pulmonic patients; and therapeutic areas for interventional heart failure.

Tesla recalls more than 125,000 EVs, will issue an over-the-air software update

Tesla issued a voluntary recall of more than 125,000 of its electric vehicles because a warning light and chime that may not activate when a seat belt isn’t being used.

Here’s how big Warren Buffett’s stake is in the entire T-bill market

According to analysts at JPMorgan, Berkshire Hathaway controls 3% of the entire T-bill market.

The S&P 500 can hit 6,500 next year if these two factors work together, says this economist

IF AI works with Treasurys then the bull market can pick up steam in the next year and a half
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