What Tesla Stock Options Say About the Next Big Move
Tesla stock options indicate significant concern about the shareholder vote on CEO Elon Musk’s enormous 2018 pay package. Shareholders have to reconsider the issue after a Delaware judge voided the package, which passed in 2018 with more than 70% support,…
Salesforce, UiPath, Best Buy, Kohl’s, Foot Locker, HP Inc., C3.ai, Nutanix, and More Stock Market Movers
Stocks fell Thursday as Salesforce issued a weak outlook and rising bond yields weighed on sentiment. Salesforce reported first-quarter adjusted earnings that topped Wall Street predictions but shares of the business-software company were falling 18% after revenue of $9.13 billion…
Inflation Is Stuck on the Housing Market. That Matters for Investors—and Politics.
About the author: Larry Hatheway is a co-founder of Jackson Hole Economics, which originally published this commentary, and the former chief economist of UBS. At the beginning of the year, many economists and Federal Reserve officials were gloating over falling…
Electricity Bills Boost Inflation—and Show No Sign of Slowing
Electricity bills have been on a steady march higher, contributing to elevated inflation, and there is a good chance the trend will continue. Electricity costs rose 0.9% on a seasonally adjusted basis in March over February levels, and 5% on…
The Stock Market Is Starting to Sink. Earnings Could Fuel a Turnaround.
This past week was a difficult one for markets, as investors digested March’s higher-than-hoped-for inflation data, which further delayed any anticipated interest rate cuts. Yet earnings results could help lift stocks out of their funk. The S&P 500 fell 1.6%…