Thursday, December 19, 2024
Elon Musk has certainly been busy: first, he bought Twitter, and now there’s news that his car company, Tesla (TSLA), may be looking to take a major stake in one of the world’s mining giants. The Financial Times reports that last year, Tesla began preliminary talks with Swiss commodities company Glencore (GLNCY) about taking a […]
On September 15, Adobe (ADBE) agreed to purchase the privately held design software company Figma for roughly $20 billion. The purchase price, which Adobe will pay half in cash and half in stock, is double what Figma was valued at in its most recent private funding round in 2021, and 10 times its 2019 valuation. […]
One of my favorite places to hunt for dividend stocks is among the companies Wall Street is avoiding—and chiefly among these, at the moment, are materials stocks. Wall Street is fearful a deep recession will hurt demand for materials, especially industrial metals, so it keeps selling off these companies’ stocks. Meanwhile, Wall Street is also […]
If there is one topic that scientists disagree strongly about in the field of medicine, it is the so-called amyloid hypothesis. This theory, believed by many scientists, holds that the protein amyloid-β accumulates into toxic deposits as Alzheimer’s disease progresses, ultimately causing dementia. However, others think that amyloid is associated with the problem, but it […]
Ignore the premature celebration on Wall Street that inflation has been beaten and all is well with the world. In reality, inflation is not close to being “beaten.” For example, take a look at food prices in the U.S., which increased 11.2% in the 12 months that ended September 30, after jumping 11.4% previously (the […]
Apple (AAPL) has been a haven in this turbulent market, but recent reports say it may not increase production of its new iPhone range because weaker-than-expected demand has caused a minor drop in its stock price. Apple’s share price has fallen about 4% since those reports. The dip is an indication of the smartphone’s continued […]
Alphabet (GOOGL or GOOG), Google’s parent company, is now the largest advertising platform in the world. That would be good news in a healthy market, but heading into a recession, it is actually bad news. Advertising is highly cyclical, and when consumers start pulling back and the economy slows, marketing is often one of the […]
The global auto industry is in an all-out drive toward a cleaner and greener future.However, for some suppliers to the auto industry, it has not been a pleasurable joyride. Instead, current conditions are more like driving on a icy, treacherous mountain road in the middle of a blizzard. Only the most skilled drivers will make […]
There are two big forces at work that show why the inflation beast will not be easy to tame for the Federal Reserve. First, although overall consumer demand is slowing, it still remains strong in many sectors. Second, many supply chain woes are still resolved. Supply chain disruptions due to the coronavirus pandemic were expected […]
When it comes to the companies that produce batteries for electric vehicles (EVs) and industrial users, many investors don’t think very far past Tesla (TSLA) and its famed gigafactories. But the industry is a lot more than just Tesla—in fact, it’s filled with a number of exciting young companies. One of the most exciting is […]
