Tesla’s stock is set to pop big when trading begins on Thursday, after the electric automaker turned in an unexpectedly profitably third-quarter and better than anticipated progress toward getting its Shanghai factory operational. “Skeptics had legitimate concerns in the past, but Tesla is now building cash, winning market share, and boosting margins – all while
Month: October 2019
Jon Najarian Scott Mlyn | CNBC (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Options trading can be tough but they can give investors’ strategies an edge. At least, that has been the case for Market Rebellion co-founder and CNBC contributor
Democratic presidential candidate, Sen. Elizabeth Warren (D-MA) greets an overflow crowd outside of a town hall event on August 17, 2019 in Aiken, South Carolina. Sean Rayford/Getty Images (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, click here.) It’s been a tough
A long-running index shows that financial happiness in the U.S. is slipping, despite continued economic strength. The American Institute of CPA’s quarterly Personal Financial Satisfaction Index, released Thursday, shows a 3.6% decline from the previous reading — which also had posted a slight dip. At the same time, however, the latest reading of 37.3 remains
New plan finder Screenshot The Open Enrollment Period is officially on so we must all use the new Medicare Plan Finder. In the month since its introduction, the Centers for Medicare and Medicaid Services (CMS) has made some changes and added information. Here’s an update on how the Plan Finder works now. Drug costs still very problematic
No one is a fan of PG&E right now, as Californians face the twin dangers of fires v. blackouts. As PG&E is cutting power again to vast numbers of businesses and consumers in what could be the biggest deliberate blackout ever, the bankrupt utility is drawing even more criticism. Despite the protection of the bankruptcy
“On the surface, it’s hard to quarrel with anything that addresses the very strict planning system.” 123rf.com Amongst the headline announcements at the Conservative Party conference back at the start of the month was a slightly left-field approach to a housing market conundrum. Chancellor Sajid Javid and Housing Secretary Robert Jenrick revealed plans to allow
The new series “Watchmen,” based on the comic by writer Alan Moore, premiered last weekend on HBO, and according to The Daily Beast, it’s the latest victim of “review bombing.” However, if the perpetrators are hoping to sink the show, they’re unlikely to succeed. For those not in the know, “review bombing” is what happens
Intel Pentium CPU photographed after Intel revealed information about major flow in the chipsets. JP Black | LightRocket | Getty Images Intel stock jumped as much as 8% in extended trading on Thursday after the chipmaker beat third-quarter earnings expectations and reignited revenue growth. Here are the key numbers: Earnings: Excluding certain items, $1.42 per
Robinhood COO Gretchen Howard Source: Colson Griffith Photography. (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) It was early January — just one month after stock-trading start-up Robinhood announced a failed checking and savings product. It was also Gretchen Howard’s first
Tim Cook presents at the Apple launch event in Cupertino, Calif on Sept. 10th, 2019. Source: Apple (This story is part of the Weekend Brief edition of the Evening Brief newsletter. To sign up for CNBC’s Evening Brief, .) Here are the best analyst calls on Wall Street this week: Morgan Stanley- Apple, Overweight rating
If you’re going to make Medicare coverage changes that include dropping or buying a supplemental plan — aka, Medigap — make sure you know the rules that come along with it. Medicare’s annual open enrollment period — now underway through Dec. 7 — allows you to switch various parts of your coverage for next year.
Finding a retirement advisor is not as easy as it sounds. The sheer amount of advisors out there can be overwhelming, let alone the different types of platforms, devices, services, and other technology that are available all trying to vie for you and your hard earned dollars. Here’s the problem. You can find thousands of
Getty There are almost 75 million Baby Boomers—those born between 1946 and 1964—in the U.S. today. Approximately 10,000 of them retire each day. That’s a lot of potential people taking required minimum distributions (RMDs) who may not need them. After age 70 ½, an RMD must be withdrawn from your traditional IRAs and 401(k)s each
From the rooftop pool at Optima Kierland Village, an ultra-luxury rental and for-sale development … [+] opening in Scottsdale, Ariz. in 2020, bathers will be able to revel in Valley of the Sun views. Optima, Inc. In an age of increasing development costs and growing paucity of available land, much rides on every real estate
With one jam-packed week of earnings down, another is nigh. The Dow Jones Industrial Average posted its second positive trading week in three, the S&P 500 had its third positive week in a row and the Nasdaq Composite posted its fourth-straight week of gains. The S&P 500 closed about three points off its all-time highs,
A driver for Brewers Distributing Co., loads a hand truck with Anheuser-Busch beer during a delivery at Hole In The Wall Saloon in Pekin, Illinois. Daniel Acker | Bloomberg | Getty Images Shares in Anheuser-Busch InBev tumbled 10% on Friday after the world’s largest brewer lowered profit growth forecasts for this year after drinkers in
United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant on Sept. 25, 2019 in Detroit. Michael Wayland / CNBC October’s employment report is expected to show job growth of just 90,000 workers, due to the impact of the strike at General Motors on the company’s payroll and those of its suppliers.
Dara Khosrowshahi, CEO of Uber Technologies, speaks during an Economic Club of Washington event in Washington, DC, June 11, 2019. Saul Loeb | AFP | Getty Images Here are the biggest calls on Wall Street on Friday: Guggenheim initiated Uber as ‘buy’ Guggenheim said Uber has an underappreciated pricing leverage, among other factors. “1) We
Erica Yungen Ostergren, 51, admits to a very casual password system: an old school catalogue envelope with cross-outs and coffee rings. Source: Erica Yungen Ostergren Erica Yungen Ostergren keeps important financial information, such as website passwords and logins, in one handy place. “Hilariously, it is all on the back of a yellow envelope that I
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