Motor vehicles

Are you tempted to buy AMC's new APEs?  Be prepared to lose it all, warns company

Are you tempted to buy AMC’s new APEs? Be prepared to lose it all, warns company

Shares of AMC’s preferred stock, or “APE”, rose 5% on Monday, while the company’s common shares fell 7.5%, after the company disclosed plans to sell up to 425 million additional APE. At current prices, the movie theater chain could raise up to $1.6 billion from the sale of additional APEs, which was disclosed in a …

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These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

These 20 S&P stocks slipped as much as 21.5% in another brutal week for the market

Another tough week for US equities ended with oil producer stocks falling and Ford Motor Co. falling on concerns about supply shortages. The S&P 500 SPX fell 1.7% on Friday for a 4.6% drop over the week as investors continued to worry about interest rate hikes from the Federal Reserve to temper inflation. Among the …

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Growling Powell forces Goldman to cut its S&P 500 price target. Again.

Growling Powell forces Goldman to cut its S&P 500 price target. Again.

At the height of the bull market – which, boy, seems so long ago – the crazed call options punters inhabiting the Wallstreetbets channel had a favorite meme to explain why stocks would continue to rise. “Money Printer Go Brrr” featured a Rambo-esque Federal Reserve Chairman Jay Powell determinedly shooting greenbacks at anyone who could …

Growling Powell forces Goldman to cut its S&P 500 price target. Again. Read More »

Ford's earnings warning shows the truck sector is strong.  Electric vehicles could improve it.

Ford’s earnings warning shows the truck sector is strong. Electric vehicles could improve it.

Text size A Ford F150 Raptor. Scott Olson/Getty Images Ford engine Shares fell after the company changed – but did not cut – its profit forecast due to parts shortages and cost inflation. Investors reacted in disgust by selling the shares. But they may have missed a silver lining in Ford’s update (ticker: F): Investors …

Ford’s earnings warning shows the truck sector is strong. Electric vehicles could improve it. Read More »

There's only one "perfect asset" to combat all the bad news that might come, says this strategist

There’s only one “perfect asset” to combat all the bad news that might come, says this strategist

Ahead of that, stocks fall after Ford warns of high supply costs, on the heels of FedEx’s FDX caution on earnings last week. The dollar and cash have been among the most popular havens for investors as they face recession risks with higher rates and higher inflation alongside a brutal war in Europe. But our …

There’s only one “perfect asset” to combat all the bad news that might come, says this strategist Read More »

There's only one "perfect asset" to combat all the bad news that might come, says this strategist

There’s only one “perfect asset” to combat all the bad news that might come, says this strategist

Ahead of that, stocks fall after Ford warns of high supply costs, on the heels of FedEx’s FDX caution on earnings last week. The dollar and cash have been among the most popular havens for investors as they navigate recession risks with higher rates and higher inflation alongside a brutal war in Europe. But our …

There’s only one “perfect asset” to combat all the bad news that might come, says this strategist Read More »

The 2022 North American International Auto Show was a depressing ghost town

The 2022 North American International Auto Show was a depressing ghost town

Ford Motor Company exhibit at the 2022 North American International Auto Show.Photo: Lalita Chemello The 2022 North American International Auto Show in Detroit opened its doors to media and industry professionals this week, with public days beginning tomorrow. NAIAS was once the pinnacle of the US auto show circuit, with huge, exaggerated screens and reveals …

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Another 27% drop in the S&P 500 could happen if inflation hawks are right, Goldman Sachs team warns

Another 27% drop in the S&P 500 could happen if inflation hawks are right, Goldman Sachs team warns

Not exactly TGIF this Friday. What the seller is slowly realizing is not only that the Fed is going to be aggressive in September after the shocking latest inflation figure, but that the central bank will have to hold rates higher and for longer. The British pound GBPUSD, -0.47%, in some ways a proxy for …

Another 27% drop in the S&P 500 could happen if inflation hawks are right, Goldman Sachs team warns Read More »