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This article was written byFollowLawrence Fuller has been managing portfolios for individual investors for 30 years, starting his career at Merrill Lynch in 1993 and working in the same capacity with several other Wall Street firms before realizing his long-term goal of complete independence when he founded Fuller Asset Management.…
Klarna on Wednesday announced a global partnership with Uber to power payments for the ride-hailing giant’s Uber and Uber Eats apps.The partnership will see the Swedish financial technology firm added as a payment option in the U.S., Germany, and Sweden, Klarna said in a statement. In the U.S., Germany, and Sweden,…
Tesla shares surged more than 10% on Wednesday morning after CEO Elon Musk said the electric-vehicle company plans to begin production of new affordable EV models by early 2025.Musk’s comments came during Tesla’s earnings call on Tuesday after the company reported disappointing first-quarter numbers. Revenue fell 9% year-over-year, its steepest…
Investing Environment As we entered 2024, equity markets moved higher in anticipation of the US economy experiencing a Goldilocks scenario-soft landing combined with falling inflation-that would lead the Fed to cut interest rates. Overall, the US economy continues to show remarkable resilience in the face of elevated interest rates, with…
Check out the companies making the biggest moves in premarket trading: General Motors — The automaker saw its stock rise 4% after it posted $2.62 per share on revenues of $43.01 billion for the first quarter. Analysts expected $2.15 per share on revenues of $41.92 billion, per LSEG. GM also…
Wearing a hoodie with the words “We use Math” on the front, Google search boss Prabhakar Raghavan had an important message for employees at an all-hands meeting last month. But he first wanted them to settle in and get comfortable.”Grab your boba teas,” Raghavan told the crowd, gathered in a…
Stocks bounced yesterday after a three-week decline in anticipation of earnings reports from more than one-third of the companies in the S&P 500 this week. The highest hopes are for the largest technology companies benefitting from the boom in artificial intelligence, but I am more interested in profits beyond the…
Check out the companies making headlines in premarket trading. Li Auto , Tesla — The electric vehicle makers tumbled more then 7% and 3%, respectively, following announcements of price cuts. Tesla chopped down the sticker price of its Model 3 in China, on top of decreases in other markets Reuters…
After months of bringing in less than $100 a day, Audrey Finocchiaro and her then-boyfriend Sam Lancaster were close to walking away from their coffee cart.They built the wooden cart with bicycle tires and a kickstand in her parents’ basement in 2016, maxing out her credit card’s $1,500 limit to…
RWE Ag (OTC:RWNEF) (RWEOY) is a German energy company among the leading electricity producers in Europe, with a total installed capacity of 44.4 GW. It is engaged in electricity generation through both conventional (27.8GW) and renewable (16.7GW) sources. The $4.1B acquisition of Con Edison Clean Energy Businesses (CEB) Unit, owner…