Apu Gomes/Getty Images; Chelsea Jia Feng This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Tesla is trading nearly 10% higher on Monday after weeks of downside. Shares rose after CEO Elon Musk encouraged employees to hold on to the stock. Retail investors
Oatly Group (OTLY), known for its oat-based products, experienced a volatile week with an 11% drop in its stock followed by a substantial rally, pushing the stock up over 6.74% overall for the week, as investors responded to analysts cutting their price targets. Piper Sandler’s Michael Lavery dramatically reduced Oatly’s fair value estimate from $40
There’s no such thing as a stock that’s worth buying at any price. A no-brainer bargain at one valuation will necessarily be a bad purchase at another, higher one. Yet some stocks are worth owning even at a premium because their businesses are so consistently strong. Costco (NASDAQ: COST) is a great example of a
This is an audio transcript of the FT News Briefing podcast episode: ‘Foreign investors feel the pinch of US stock slump’ Kasia Broussalian Good morning from the Financial Times. Today is Monday, March 24th, and this is your FT News Briefing. Canada’s new prime minister has called snap elections. And foreign investors are really feeling
A growing number of global investors are cutting their exposure to the US stock market, citing a combination of high valuations, political instability, and concerns over American foreign policy. For some, a recent comment by Donald Trump referring to Canada as the ’51st State’ was the final straw. ‘It was the dagger in the heart,’
The OCC is redefining and expanding crypto banking options © 2024 Bloomberg Finance LP The intersection of the tokenized asset space and the TradFi sector has continued to accelerate and evolve rapidly as the calendar moves through 2025. Notable events that have occurred – and have realistically overshadowed some technical releases from the OCC –
A utilities company in California has requested permission to increase bills for millions of customers so it can make better returns for its investors. Newsweek has contacted PG&E for comment via email outside regular working hours. Why It Matters Pacific Gas and Electric Co. provides natural gas and electrical service to about 16 million people
Benzinga | Detroit Free Press Wall Street remained on edge as investors adopted a cautious stance amid an increasingly uncertain economic outlook this past week. At its March meeting, the Federal Reserve kept interest rates unchanged at 4.25%-4.50%, signaling “no rush” to adjust its monetary policy. Yet, the central bank’s latest economic projections painted a
Mike Gorius and Kevin Hart opt for private lenders despite higher interest rates. The main advantage of working with private lenders rather than traditional lenders is speed. Finding people with capital boils down to networking, leveraging social media, and cold-calling. As of March 2025, mortgage rates are hovering around 6.4%. Real-estate investors Mike Gorius and
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Global investors are pulling their money out of south-east Asia as concerns mount over the region’s largest economies and many traders rotate back into Chinese equities. Indonesia and Thailand, the region’s two biggest economies, have