Tag Archives: C&E industry news filter

Higher rates could last for a while. That doesn’t mean stocks and bonds don’t have a price to buy.

Not long ago, the Naked Cowboy was tasked with promoting an NFT. Remember those? Spencer Platt/Getty Images Text size Where have all these weirdos gone? Not even two years ago, in a cover story on the state of finance, I opened with a cowboy in his underwear serenading a Times Square duo in matching onesies… Read More »

Insurers flee California at risk of wildfires. The state has a solution.

Text size The Rabbit Fire in California this summer. David Swanson/Getty Images California regulators are making reforms to the state’s insurance system as companies flee amid growing climate risks for which they say they are not adequately compensated. First, some context. Property insurers are feeling growing financial pressure: California’s drier, hotter weather has caused more… Read More »

Utility stocks are cheap. And their dividends remain attractive.

Utility stocks, a popular haven for dividend investors, have lost some steam this year as investors have focused on technology stocks and other faster-growing parts of the market. Utilities aren’t the only ones. The relative strength of a basket of defensive stocks, including consumer staples, utilities and healthcare, versus a basket of all other sectors… Read More »

Tesla’s delivery estimates are decreasing. There’s good and bad news about it.

Text size Tesla will report third-quarter delivery data on October 2 Liesa Johannssen/Bloomberg The third quarter is almost over and Tesla There are about two weeks left until the quarterly delivery report. That means it’s time for Wall Street analysts to sharpen their pencils and fix the numbers. The direction of their delivery estimates will… Read More »

Tesla is the most shorted auto stock. Rivian and Ford are numbers two and three.

Text size Among the top 20 most heavily shorted transportation stocks, Tesla represents nearly 60% of the capital committed by short sellers. Brent Lewin/Bloomberg The UAW is asking for it Ford engine and the other two automakers with roots in Detroit for big pay raises and a four-day work week. The demands threaten to upend… Read More »

Arm shares open 10% above the IPO price in public debut

Text size Arm began trading today on the Nasdaq under the symbol ARM. Chris Ratcliffe/Bloomberg Arm holds he came out of the gate swinging. Shares opened at $56.10 Thursday afternoon and continued to climb. The opening price is 10% higher than the U.K.-based company’s initial public offering price of $51 per share, which was at… Read More »

The launch of Apple iPhone 15 fails to excite investors. What Wall Street says.

Text size Apple shares fell 1.7% on Tuesday following the company’s product launch event. (Photo by Eric Thayer/Getty Images) Apple ‘S The long-awaited launch of the iPhone 15 has left investors disappointed, and Wall Street doesn’t seem thrilled either. The world’s most valuable company unveiled its new iPhone models on Tuesday, and things went pretty… Read More »