Investing
What exactly are people taking the new class of weight-loss drugs eating and what are they avoiding? Bernstein analysts set out to determine that, analyzing online data to better understand changes in eating habits — and to evaluate which food companies may be most affected. They published the results in…
Tesla Inc. is slated to report third-quarter earnings on Wednesday amid renewed concerns about the EV maker’s margins and demand after a fresh round of price cuts. Sentiment toward Tesla TSLA, -2.99% earnings for the remainder of the year “skews cautious,” and there’s risk earnings could be revised lower, Morgan…
The stock market, as measured by the S&P 500 Index SPX, has bounced off support, but it remains to be seen if this just an oversold rally or if it is the beginning of a new bullish trend. The support came in two forms: the 4200 level (horizontal blue line…
Bitcoin and other cryptocurrencies were little changed Friday, remaining under pressure after a recent selloff wiped away most of the gains from the latest crypto rally. However, the tokens could be steadying with the brunt of the declines done. The price of Bitcoin has traded near flat over the past…
For many employees, open enrollment for benefits selection occurs between October and November. Selecting from a long list of choices can be overwhelming to say the least. If you are switching health coverage, it’s important to understand your deductible, the maximum out of pocket, the implications of in-network and out-of-network…
All large cryptocurrencies were up during morning trading on Friday, with Solana SOLUSD, -0.36% seeing the biggest change, rising 1.65% to $21.57. Polygon MATICUSD, -0.19% rose 1.40% to 51 cents, while Dogecoin DOGEUSD, -0.09 rose 1.21% to 6 cents. Polkadot DOTUSD, +0.38% and Cardano ADAUSD, -0.07% climbed 1.17% to $3.70…
The U.S. stock market’s rally is most likely a counter-trend advance within a longer-term downtrend. That’s the conclusion I reached after analyzing how quickly many on Wall Street have turned bullish in recent days. The hallmark of a more sustainable advance is one that initially is met with widespread skepticism,…
At a time when mortgage loan rates have soared to their highest levels since 2000, it might surprise you that some analysts think this is a good time to buy shares of large home builders. But there are a number of good reasons for long-term investors to consider buying home…
Bitcoin over the next 100 years will produce an annualized return of 1.1%. That’s the prediction of a fair value model that’s based on something called Metcalfe’s Law. According to it, the value of a network is proportional to the square of the number of users. Claude Erb, a former…
It turns out Taylor Swift fans may not be the only ones who are sporting friendship bracelets. Now, football fans are also getting in on the action, buying thousands of the red-hot jewelry items. FOCO, an NFL licensee that bills itself as “a leading manufacturer of sports and entertainment merchandise,”…