Textron Stock Dives on Earnings Miss. It’s Also Cutting Jobs.
Textron says it’s experiencing reduced demand at its specialized vehicles product line and for fuel systems from European automotive manufacturers.
A bigger COLA may sound great, but it has some big drawbacks for retirees too.
Real estate mogul Grant Cardone took aim at the Biden administration's proposed 25% tax on unrealized gains on taxpayers with wealth greater than $100 million, asking his followers on X to imagine the value of their homes or stocks increasing $400,000. "YOU would owe $25,000 without selling," Cardone posted. "Another attempt to destroy middle-class America." The Budget of the United States Government for fiscal 2025 proposes a new minimum tax on income and unrealized capital gains — for the smal
The last inflation report, which came in worse than expected, had investors worried about the Federal Reserve’s plans for interest rates this year. The central bank held rates steady in its most recent decision, cooling fears that a hike is in the offing. When combined with moderate gains in the Q1 earnings reports, it makes sense that we saw stocks rebounding as confidence in the market was restored. However, according to JPMorgan’s chief market strategist Marko Kolanovic, we’re not out of the
Nvidia's run at the top of the AI trend may be coming to an end, and smart money is pouring into these 2 AI winners.
One of Buffett's favorite stocks of all time topped his list of buys in 2023.
On CRISPR Therapeutics' (CRSP) first-quarter 2024 earnings call, investors' focus is likely to be on the updates related to the first sales numbers of its newly approved gene therapy, Casgevy.
(Bloomberg) -- Steward Health Care System LLC filed for bankruptcy early Monday after a period of mounting financial challenges and government scrutiny over the impact of its hospital closures on patients. Most Read from BloombergHamas Says It Accepts Proposal for Gaza Cease-Fire With IsraelTruce Talks Drag as Hamas Hits Israel Crossing in Deadly AttackAt $2 Million Per Minute, Treasuries Mint Cash Like Never BeforeEx-Trump Controller Says Cohen Was Repaid From Personal AccountS&P 500 Keeps Mome
As Rivian (RIVN) grapples with EV demand challenges and operational hurdles, consider waiting for clearer signals post-Q1 earnings before investing, despite the dip in shares.
In some ways, Coca-Cola is still in recovery mode.
General Electric officially split into GE Aerospace and GE Vernova in April. GE Aerospace now trades at its best level since the 2008 meltdown.