Traders work on the floor of the New York Stock Exchange on Oct. 22, 2024.Spencer Platt | Getty ImagesS&P 500 futures are muted Thursday night after the broad index ended a three-day negative streak.Futures tied to the broad index added less than 0.1%, as did Nasdaq 100 futures. Dow Jones Industrial Average futures rose just 11 points.In after-hour action, L3Harris shares climbed more than 4% after the defense company exceeded Wall Street’s forecasts when reporting third-quarter earnings. Dexcom tumbled more than 2% despite beating expectations on both lines.Those moves follow a mixed day on Wall Street. The Nasdaq Composite joined…
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Investing in cryptocurrencies might seem exciting given the digital assets’ popularity and potential for significant gains, but crypto has seen significant volatility in the past and likely will in the future. It’s important to consider a few basics before investing in crypto. 5 commandments of crypto investing The recent rise in Bitcoin’s price has caused some investors to believe in the growing acceptance of crypto, but crypto generally remains speculative and extremely volatile. Without an underlying asset to back them, crypto prices are driven solely by investor sentiment. This leaves many investors exposed to sharp losses when sentiment shifts. These…
Investors are increasingly looking for ways to diversify their portfolios. One area that is seeing a surge in investments is private markets.Morningstar (MORN) CEO Kunal Kapoor spoke to Yahoo Finance about the growing trend, saying “The appetite to invest in a swath of companies that previously might have been public, but are not for multiple reasons today, has increased.” He notes that it’s not just the companies that investors are looking to buy into but the private credit market too. “So much of the debt that is being sourced today is coming from what I’ll call nontraditional lenders, at least…
Apple (AAPL) is set to report its Fiscal Q4 earnings on Thursday, October 31, after the closing bell, aiming to maintain its recent bullish momentum. However, I’m more cautious this time. While I remain a long-term Apple bull, analysts have raised their estimates for FQ4 over the past three months, adding pressure on the company to meet these heightened expectations. As a result, I’m uncertain if now is the best time to buy, despite my long-term optimism. In addition to this, the stock’s stretched valuation after its recent rally could further increase the pressure for strong performance, leaving little room…
This week we’re joined by Leah Shahum, Founder and Executive Director of the Vision Zero Network. We chat about why it’s so hard to make change, the implicit biases around designing for automobiles and the World Day of Remembrance for Road Traffic Victims coming up on Nov. 17.Scroll down below the audio player for an edited excerpt of our conversation, or click here for an unedited, AI-generated transcript of the entire conversation.Jeff Wood: Why is the political will so hard? I feel like traffic deaths have for several years have been over 40,000 a year. Obviously, that’s not just pedestrians and cyclists, but it is an…
Tesla stock (TSLA) surged on Thursday after investors focused on the positive from mixed third quarter earnings results.Investors cheered beats on adjusted earnings per share and higher gross margins in addition to the news that Tesla’s cheaper electric vehicle is on track for production next year. CEO Elon Musk also said on an earnings call that Tesla’s volume growth could be 20%-30% next year.Tesla shares ended nearly 22% higher, adding tens of billions of dollars to the company’s market valuation in its best day since 2013.Tesla reported revenue of $25.18 billion, which was lower than the $25.4 billion expected per…
Traders work on the floor at the New York Stock Exchange on Oct. 24, 2024.Brendan McDermid | ReutersWith the U.S. presidential election less than two weeks away and voters decidedly split, some investors are understandably spooked.”This is likely to cause a little bit of choppiness in the markets,” Jordan Jackson, a global market strategist at J.P. Morgan Asset Management, said at CNBC’s Your Money event on Thursday.On Wednesday, the Dow suffered its biggest one-day loss since early December, declining more than 400 points. The S&P 500 shed nearly 1%, and the Nasdaq lost 1.6%. As of mid-afternoon Thursday, the Dow was headed for its fourth…
Since going on strike last month, Boeing factory workers have repeated one theme from their picket lines: They want their pensions back. Boeing froze its traditional pension plan as part of concessions that union members narrowly voted to make a decade ago in exchange for keeping production of the company’s airline planes in the Seattle area. Like other large employers, the aerospace giant argued back then that ballooning pension payments threatened Boeing’s long-term financial stability. But the decision nonetheless has come back to have fiscal repercussions for the company. The International Association of Machinists and Aerospace Workers announced Wednesday night…
Just like Mary is something special, sleeper cars are, too. These are the cars that are dumpy and boring but will rocket down the road when you hit the gas. Their designs are nothing special, but what’s under the hood most certainly is. Some of these sleeper cars were hidden in special trims of otherwise boring models, while others were entire generations. No matter what the reason for their greatness is, here are ten sleeper cars from the 90s we are grateful for. 10) The Stealth Sedan 1991 Mercedes-Benz 500E Mercedes-Benz 500 TE AMG At first glance, the 1991 Mercedes-Benz…
The Formula 1 Safety Car is a crucial part of every race, ensuring the safety of drivers, track workers, and spectators. It comes into action when dangerous situations arise, such as accidents or unsafe track conditions. Its job is not only to protect, but also to keep the race flowing smoothly during challenging moments. The concept of the Safety Car was introduced in 1973 in Canada, but its first deployment caused a bit of confusion during the race. For the first 20 years, high-performance cars from various manufacturers served as the Safety Car, depending on the track. However, it wasn’t…