Rivian shares soar 30% after Volkswagen takes $1 billion stake
Volkswagen plans to invest up to $5 billion in electric vehicle startup Rivian, starting with an initial investment of $1 billion.
US Congressman introduces bill to allow IRS accept Bitcoin for tax payments
US Congressman Matt Gaetz has introduced legislation that would require the IRS to accept tax paid with Bitcoin. If enacted into law, American taxpayers will...
Here’s how much profit McDonald’s makes on its new $5 meal
The margins are tight, but there’s still a profit to be made on the offer, according to restaurant-industry experts
New-car sales expected to be up slightly in June, even as interest rates and prices remain high
June new-car sales are expected to come in slightly higher than May sales, wrapping up a first half of the year that is also forecast...
Nvidia’s rebound from its correction only makes the stock more dangerous to buy
Semiconductor stocks are bubbling and could lose 40% of their value.
Growth stocks are trouncing value stocks in 2024, even in struggling small-cap universe
The small-cap focused Russell 2000 index is trading well below its record high in 2021.
Here’s where bond yields are beating inflation
Inflation is sticky, but these bond yields are eclipsing it.
Broadcom on track to lose a Boeing’s worth of market cap amid five-session slide
Broadcom’s furious stock rally has cooled in recent days, such that the company could shed more than $100 billion in market cap across its current...
‘Freefall’? ‘Staggering losses’? Trump is doing a lot better right now than you might think.
If you’ve been casually following the news lately, you might think Donald Trump has suffered massive financial losses on the stock market since his recent...