Peloton, Tesla, Viasat, Wells Fargo, Box and more

A Tesla electric vehicle at a supercharger station in Hawthorne, California, on Aug. 9, 2022. Patrick T Fallon | AFP | Getty Images Check out the companies making the biggest moves midday Monday: Credit Suisse — Shares of Credit Suisse rose 1.7%, reversing an earlier slump that sent the stock to a record low, after … Read more

UK’s tax cut pivots down to politics not economy, analysts say

LONDON — The UK government’s reversal on scrapping the top rate of income tax is down to political optics and will not reassure market skittishness over its economic plan, analysts told CNBC Monday. The tax cut, which Prime Minister Liz Truss was defending just hours before, would have abolished a 45% rate paid on annual … Read more

Credit Suisse Is in Deep Trouble

Will Credit Suisse (CSGKF) pull through? Speculation surrounding the future of the Swiss banking giant has been going on for several months in the markets, in business and political circles, as well as on social networks. the no 2 Swiss bank and one of the largest banks in the world is in deep trouble and … Read more

Underperformance is ‘abysmal’ in the long run for active fund managers

The S&P 500 may be trading around 2022 lows, but a new report finds active managers are having their best year since 2009. The numbers suggest they still have a long way to go, though. S&P Global recently published its Mid-Year 2022 SPIVA US Scorecard, which measures how well US actively managed funds perform against … Read more

These beaten-up stocks show signs of bottoming as the rest of the market falls to new lows

As investors digest the disappointing week, month and quarter end, they may be looking for stocks poised to rise through the end of the year. One way to gauge if a stock is set to gain is to look at its performance thus far: If it has lost a lot of value since the start … Read more

3 events will set the market’s tone for October

CNBC’s Jim Cramer on Friday said that three key events next week will determine if the nightmarish month for the stock market will continue into October. Here are the events: The release of the non-farm labor report Friday. Cramer said he expects it to show inflated hiring and wages. Two speaking engagements by Cleveland Fed … Read more

Electric and autonomous vehicle ETF falls 15% in September

GMC vehicles sit on display at the Sterling McCall Buick GMC dealership on February 02, 2022 in Houston, Texas. Brandon Bell | Getty Images A key ETF for electric and autonomous vehicle stocks suffered an ugly month in September, falling nearly 15% amid fears a recession could slow revenue for the automakers. The Global X … Read more

Ford (F) stock up 70% since Jim Farley became CEO, but he has work to do

Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters DETROIT – As incoming CEO of Ford Motor, Jim Farley promised more transparency to Wall Street as well as a clear plan for the future. At the time, Ford was considered behind the … Read more

Jeremy Siegel says you should still bet on stocks for the long run as market will overcome inflation

Wharton Professor Jeremy Siegel has received a lot of attention for his harsh criticism of the Federal Reserve recently , but that’s not why he is famous. His 1994 book, “Stocks for the Long Run,” chronicled almost 200 years of investing in stocks and bonds, and contained groundbreaking research on the long-term outperformance of stocks … Read more

Is the UK now a buy? Analysts weigh in after market meltdown

A security guard stands outside the London Stock Exchange building on December 29, 2020. Tolga Akmen | AFP via Getty Images UK bond markets and the pound went into freefall this week as investors balked at the new government’s fiscal policy announcements, and some analysts believe opportunities are arising. The Bank of England on Wednesday … Read more