Tesla’s Musk sells shares again. Here’s when it might end.

Tesla CEO Elon Musk is back selling shares. All of the new sales announced Tuesday took place on the same day. All of Tuesday’s sales are part of a pre-agreed plan to exercise expiring management stock options. And while the option-related activity is not unexpected, investors still want to know when Musk’s sale will end. … Read more

Concerns in the supply chain have turned this technology stock into a bargain

Text size Cisco CEO Chuck Robbins says the company’s order cancellation rates are below historical standards despite product shortages. Christopher Goodney / Bloomberg Since supply chain problems plague the tech sector, no company emphasizes the problem more than that Cisco systems . The stock fell more than 6% on Thursday after the company reported financial … Read more

The stock market today: Dow and oil fall as Covid fears seize Europe as technology rises

Text size The current chairman, Jerome Powell, is considered to be nominated as head of the Federal Reserve. Justin Sullivan / Getty Images Technology stocks rose Friday, while Dow Jones Industrial Average fell and bond yields coincided with a new rise in Covid-19 cases. In midday trading, the Dow fell 174 points, or 0.5%, after … Read more

Powell or Brainard? The bid for the next Fed chair is ‘imminent’.

Text size US Federal Reserve Chairman Jerome Powell Al Drago / AFP via Getty Images President Joe Biden’s announcement of who will head the Federal Reserve is “imminent,” according to Senate Banking Committee Chairman Sherrod Brown. “I hear it’s imminent,” Brown (D., Ohio) said Bloomberg. “I’m not going to wonder who I think it might … Read more

The stock market today: Dow rises, Tesla falls, Shell rises

The stock market was rising as bond yields fell ahead of key economic indicators that will be released this week. President Joe Biden will also meet with Chinese President Xi Jinping. The Dow Jones Industrial Average futures have risen 145 points or 0.4%, while the S&P 500 futures have risen 0.4% and the Nasdaq Composite … Read more

Nvidia, Walmart, Alibaba, Lucid and other stocks that investors can see this week

The third quarter earnings season enters the period when retailers dominate the daily reports. Big names will include Advance Auto Parts on Monday, followed by Walmart and Home Depot on Tuesday. Then Target, Lowe’s and TJX report on Wednesday, and Alibaba Group Holding and Ross Stores go on Thursday. Non-retail highlights on this week’s earnings … Read more

US companies face new risks in China. What investors need to know.

China has long been seen by investors as a valuable asset to US multinational corporations. It is now at risk of becoming a liability. Yahoo! leaves China on the back of tighter data protection laws. Las Vegas Sands shares (ticker: LVS) fell in September on signs that Beijing wanted to increase control of casino operations. … Read more

Elon Musk’s feud with the Biden administration escalates

Text size Tesla CEO Elon Musk Find McNamee / Getty Images Tesla The battle with the Biden administration escalated after CEO Elon Musk called President Joe Biden a “puppet” for United Auto Workers in a Sunday tweet. Musk responded to a tweet outlining tax deductions for the purchase of electric vehicles proposed in the president’s … Read more