Business
March 05, 2024
148 views 6 mins 0

Why Dogecoin, Shiba Inu, and Pepe Are Soaring Today

It appears reports of the death of meme tokens have been greatly exaggerated. Three of the most popular meme tokens in the market are rocketing higher today. Dogecoin (CRYPTO: DOGE), Shiba Inu (CRYPTO: SHIB), and Pepe (CRYPTO: PEPE) are each up big. As of 12:45 p.m. ET, these three tokens have rocketed 25.7%, 47.5%, and […]

Business
March 05, 2024
148 views 4 mins 0

Tesla stock tumbles 7% as shipments slump, new price cuts announced in China

Tesla (TSLA) shares dropped to new multi-week lows as slowing China shipments and new price cuts there hint at troubles for the EV stalwart in the world’s largest car market. Tesla reported 60,365 vehicle shipments from its Giga Shanghai factory in February, according to preliminary data from China’s PCA (Passenger Car Association) via Bloomberg. The […]

Business
March 05, 2024
166 views 4 mins 0

Tesla stock tumbles as shipments slump, new price cuts announced in China

Tesla (TSLA) shares dropped to new multi-week lows as slowing China shipments and new price cuts there hint at troubles for the EV stalwart in the world’s largest car market. Tesla reported 60,365 vehicle shipments from its Giga Shanghai factory in February, according to preliminary data from China’s PCA (Passenger Car Association) via Bloomberg. The […]

Business
March 05, 2024
162 views 8 mins 0

Plug Power Will Survive. Does That Make the Hydrogen Stock a Buy?

Last fall, Plug Power (NASDAQ: PLUG) issued a dire warning. The hydrogen company projected at that time that it didn’t have enough liquidity to fund its operations through the next year. That caused investors to worry that it might not be able to continue as a going concern. However, those concerns are now in the […]

Business
March 05, 2024
118 views 6 mins 0

Warren Buffett Proposed A Way To Ensure ‘Anybody Who’s Willing To Work 40 Hours A Week Has A Decent Living’ — And It Wouldn’t Cost Employers Anything

In a 2016 interview with CNN, famed investor Warren Buffett shared insightful views on the state of the economy, the distribution of wealth and the mechanisms through which a fairer economic system could be achieved. Buffett’s observations came years before concerns over inflation intensified. Given that the federal minimum wage has remained unchanged at $7.25 […]

Business
March 05, 2024
159 views 2 mins 0

NYCB Shares Extend Selloff After New Round of Credit Downgrades

(Bloomberg) — New York Community Bancorp tumbled for a second straight day after a pair of rating downgrades threatened to boost the beleaguered bank’s borrowing costs. Most Read from Bloomberg Shares of the company fell as much as 17%, trading at the lowest level since 1996, after plunging 26% on Friday. Fitch Ratings cut its […]

Business
March 05, 2024
129 views 56 secs 0

Market Update: RL, VLTO

Summary Stocks were lower Monday morning ahead of this week’s release of ADP’s private employment data and job openings as well as Fed Powell’s testimony to Congress. The Dow fell 0.3%, the S&P 0.1%, and the Nasdaq 0.2%. Crude oil traded near $79 per barrel, while gold rose $22 to $2118 per ounce. Subscribe to […]

Business
March 04, 2024
123 views 4 mins 0

Warren Buffett Warns Of ‘Casinolike’ Behavior In Markets As Coinbase Crashes Because Of ‘Heightened Traffic’ From Its ‘Robinhood Moment’

Warren Buffett cautioned he’s seeing signs of excess in markets, likening their price action to a casino. “For whatever reasons, markets now exhibit far more casinolike behavior than they did when I was young,” Buffett told Fortune magazine. While he might’ve been talking about stock markets, even more volatility in the crypto markets caused Coinbase […]

Business
March 04, 2024
266 views 2 mins 0

Should Investors Buy Nio Stock on the Dip?

Fool.com contributor Parkev Tatevosian evaluates Nio (NYSE: NIO) stock and answers whether the decrease in price is a buying opportunity for long-term investors. *Stock prices used were the afternoon prices of March 1, 2024. The video was published on March 3, 2024. [embedded content] Should you invest $1,000 in Nio right now? Before you buy […]