Elon Musk gives Wall Street what it wants, but more pain could be around the corner
Tesla’s promise of an “affordable EV”will not be as low priced as hoped
PepsiCo (PEP) Q1 2024 earnings
PepsiCo on Tuesday reported quarterly earnings and revenue that beat analysts’ expectations, despite weaker U.S. demand caused by Quaker Oats recalls and backlash to higher prices for its drinks and snacks. Shares of the company fell more than 2% in morning trading. Here’s what the company reported compared with what Wall Street was expecting, based on a […]
‘We were all set to enjoy our retirement’: My son invested in startups and we bailed him out with $100,000. What now?
“When we agreed to help, it was with the understanding that this debt would be paid back with his share of inheritance.”
EW Scripps exploring sale of Black-culture broadcast network Bounce TV
Tanika Ray, Alyson Fouse, Kym Whitley, Yvette Nicole Brown and Tisha Campbell attend Bounce TV’s “Act Your Age” Los Angeles Series Premiere at The London West Hollywood at Beverly Hills on February 27, 2023 in West Hollywood, California. Charley Gallay | Getty Images E.W. Scripps, one of the largest local TV broadcasters in the U.S., […]
JetBlue shares tumble after airline lowers 2024 revenue outlook
Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport AMS EHAM in the Netherlands. Nicholas Economou | Nurphoto | Getty Images JetBlue Airways shares tumbled more than 15% Tuesday after the airline lowered its […]
Amazon offering $9.99-a-month grocery delivery subscription for Prime members
Amazon.com Inc. said Tuesday it is introducing a $9.99-a-month grocery delivery subscription service for Prime members and a lower-cost $4.99-a-month service for customers using electronic benefits transfer, or EBT.
Walmart-backed fintech One introduces buy now, pay later
Customers shop in a Walmart Supercenter on February 20, 2024 in Hallandale Beach, Florida. Joe Raedle | Getty Images News | Getty Images Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S. stores, CNBC has learned. The move puts […]
Goldman hasn’t given up on the stock-market rally, but is starting to get nervous
Goldman strategists say brace for more stock volatility this year, as chances of no Fed rate cuts increase.
Luxury real estate prices hit an all-time record, Redfin says
Real estate is increasingly a tale of two markets — a luxury sector that is booming, and the rest of the market that continues to struggle with higher rates and low inventory. Overall real estate sales fell 4% nationwide in the first quarter, according to Redfin. Yet, luxury real estate sales increased more than 2%, […]
General Motors (GM) earnings Q1 2024
The GM logo is seen on the facade of the General Motors headquarters in Detroit on March 16, 2021. Rebecca Cook | Reuters DETROIT — General Motors is set to report its first-quarter earnings before the bell Tuesday. Wall Street expects General Motors to report solid, if not “resilient,” results for the first quarter of […]
