Home / 2022 / December (page 16)

Monthly Archives: December 2022

Tesla stock slides on demand concerns, Elon Musk Twitter distraction

Musk had previously said in June he was leaning towards supporting DeSantis for president in 2024. Joe Skipper | Reuters Shares in electric vehicle maker Tesla slid about 9.5% in mid-day trading on Thursday as analysts grow increasingly uncertain of the company’s outlook. After the bell Wednesday, Canaccord Genuity trimmed its …

Read More »

Tripledemic means masking up again, says virus expert

Most Americans aren’t wearing face masks anymore — and their timing isn’t great, says a leading infectious disease expert. Just 26% of Americans reported in October that they’re wearing masks outside of their homes. That’s a decrease of about 20% to 50% from 2020 and 2021, according to data collected …

Read More »

Self-made millionaire Ramit Sethi: How to build wealth

About a fifth of millennials and nearly a quarter of Gen Zers believe they would need to earn $1 million or more annually to feel rich, according to the recent CNBC Make It: Your Money survey, conducted in partnership with Momentive. If that’s your goal, you don’t have to cut …

Read More »

AMC plunges after theater company announces capital raise

AMC Movie theatre Scott Mlyn | CNBC AMC Entertainment‘s stock fell swiftly Thursday after the company announced a new $110 million capital raise and a proposed reverse stock split that will require shareholder approval. The shares were halted briefly after the opening bell as AMC hit a new 52-week low. …

Read More »

Bankman-Fried execs likely to be freed on bail after FTX fraud pleas

Damian Williams, US attorney for the Southern District of New York, speaks during a new conference at the US Attorney’s Office-Southern District of New York (SDNY) in New York, US, on Tuesday, Dec. 13, 2022. Jeenah Moon | Bloomberg | Getty Images Federal prosecutors endorsed plans to allow two former …

Read More »

NFL Sunday Ticket heads to Google’s YouTube TV in $2 billion deal

AJ Dillon #28 of the Green Bay Packers avoids a tackle by Jalen Ramsey #5 of the Los Angeles Rams during the first half at Lambeau Field on December 19, 2022 in Green Bay, Wisconsin. Patrick Mcdermott | Getty Images The National Football League announced Thursday its Sunday Ticket subscription …

Read More »

5 things to know before the stock market opens Thursday, December 23

Santa Claus gestures during the 96th Macy’s Thanksgiving Day Parade in Manhattan, New York City, U.S., November 24, 2022.  Brendan Mcdermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Sleigh time? Maybe Santa is going to deliver for the stock …

Read More »

Taxpayers are paying billions for NFL stadiums. Here’s how

In 2022, the Tennessee Titans of the NFL unveiled their plans for a new stadium in the heart of Nashville. The 1.7 million-square-foot stadium can house 60,000 screaming football fans and is estimated to cost $2.1 billion. The public would fund more than half of the stadium through a one-time …

Read More »

CarMax, Micron, Under Armour and others

Check out the companies making headlines before the bell: CarMax (KMX) – The auto retailer’s stock slumped 12.7% in the premarket after its quarterly profit and revenue fell well short of estimates. CarMax earned 24 cents per share, compared with a consensus estimate of 70 cents, and its comparable used-vehicle …

Read More »

Bethenny Frankel shares her No. 1 tip for being successful

If you want to be as successful as Bethenny Frankel, the millionaire entrepreneur says there’s one skill you need to master: organization. Sure, it’s great to be smart and hardworking, but if you can’t keep all your ducks in a row you’ll never be able to achieve your full potential, …

Read More »