By Luc Olinga The EV maker is increasing production rates in the midst of disruption of supply chains. Rivian (RIVN) – Get Rivian Automotive Inc. Report is breathing and just let it be known. The young manufacturer of electric vehicles is finally exper…
Las Vegas Strip Casino Boom Leads to New Casino Project Downtown
By Daniel Kline The Strip’s huge success has led developers to consider Strip-like developments in other areas. While the Las Vegas Strip has been known for the glitz and glamour of casino operators, including Wynn Resorts (WYNN) – Get Wynn Resorts Lim…
Going To The Mall Has Become Unpopular–For Now
By Veronika Bondarenko Outlet malls saw a 6.7% decline in visits year-over-year in June. Talk of how the mall is “dead” has been going on long before covid and even the move to online shopping. Some analysts have been pontificating why large shopping m…
What’s Wrong With Coins? Crypto Crisis Explained
By Luc Olinga The crypto industry is currently going through an unprecedented crisis. Here’s a guide to what’s going on, and what might be next.. The cryptocurrency market has dropped $2 trillion in value since November’s mad ascent. During crypto mani…
The Street.com’s AAP Team Has Mixed Views on Ford
By Dan Weil Its June sales jumped 32% from a year earlier. But sales dipped 1.4% from May, and June quarter sales lagged forecasts. TheStreet.com’s Action Alerts Plus (AAP) team offered a mixed take on Ford Motor (F) – Get Ford Motor Company Report, af…
Cannabis Sales Could Do Something Surprising in Recession
By Tony Owusu With growing signs of an economic slowdown, use of marijuana may be headed in an unusual direction. You might think that in an economic slowdown, use of cannabis products would be likely to increase. After all, with more time on their han…
Tesla’s Big Problem Keeps Growing
By Ellen Chang Several Black employees said Tesla ignores claims of racial discrimination in a lawsuit. Black employees at Tesla ( (TSLA) – Get Tesla Inc. Report) said the company is not preventing racial discrimination and sued the EV automaker for in…
JPMorgan’s Top Ideas List: Which Stocks Have Joined?
By Dan Weil JPMorgan each month publishes a roster of stocks representing its analysts’ top ideas. JPMorgan analysts have put out their monthly list of top-idea stocks. The roster includes some familiar names, such as: · Honeywell (HON) – Get Honeywell…
U.S. Oil Plunges Under $100 As Recession Fears Mount; Gas Prices Set To Tumble
By Martin Baccardax U.S. crude prices fell below the $100 mark for the first time since early May Tuesday, setting up a near-term tumble for domestic gas prices – but further cementing the case for a near-term recession. Global oil prices plunged the m…
Trading Nvidia and Chip Stocks: Here Are the Charts
By Bret Kenwell Nvidia, AMD and the entire semiconductor space are under pressure. Here are the key levels to know now. Semiconductor stocks have not been doing well lately. Generally speaking, a bear market in U.S. equities and a particularly vicious …