Home / Business (page 88)

Business

India’s startup market has tremendous potential

India’s startup market is worth betting on, though it’s still “a few years” behind China’s, Facebook co-founder Eduardo Saverin said.  During a panel discussion at the Forbes Global CEO Conference in Singapore this week, Saverin said his investment company B Capital is deploying “a lot of dollars” into India and is …

Read More »

Wolfspeed is not a buy

Enovix Corp: “I have to say [sell] because It costs too much money.” Wolfspeed Inc: “I’m going to tell you not to buy. This stock doesn’t make money.” Stem Inc: “A company that does not make a lot of money with a high stock in an era when the Fed …

Read More »

Charts suggest it’s time to ‘hold your nose and buy something’

CNBC’s Jim Cramer on Wednesday said investors should consider buying some stocks while investor sentiment is extremely negative, leaning on charts analysis from technician Ralph Vince. “The charts, as interpreted by Ralph Vince, suggest that investor sentiment has reached extremely negative levels, to the point where you’ve got to hold …

Read More »

Oscar winner Tom Hanks says he’s only made 4 ‘pretty good’ movies

Tom Hanks may just be the most modest man in Hollywood. Despite building a career that spans more than 80 films and six Oscar nominations, the 66-year-old actor commented in a recent interview that only a handful of his movies are “pretty good.” Speaking with People Magazine while promoting his …

Read More »

Hurricane Ian making landfall near Sanibel, Captiva Islands, Florida

Hurricane Ian approaches west coast of Florida on Sept. 28th, 2022. NOAA Hurricane Ian is making landfall over the west coast of Florida, according to Gov. Ron DeSantis on Wednesday afternoon. The storm greatly intensified as it neared land, reaching winds of 155 mph and nearing the most dangerous Category …

Read More »

IRS erred on child tax credit payments for millions of families

The IRS skipped about $3.7 billion in advance child tax credit payments for 4.1 million eligible households, but sent more than $1.1 billion to 1.5 million filers who didn’t qualify in 2021, according to an audit released Tuesday by the Treasury Inspector General for Tax Administration. However, the agency accurately …

Read More »

Netflix is losing the streaming war amid Disney+’s rapid growth

Over the past 25 years, Netflix has changed the film and television landscape. The company has amassed nearly 221 million subscribers across 190 countries, billions of hours watched for popular series like “Stranger Things,” and along the way has racked up 226 awards. Since going public in 2002, the company …

Read More »

Mortgage refinancing drops to a 22-year low

Mortgage rates drove even higher last week after the Federal Reserve signaled it would continue its aggressive action to cool inflation. That, and rising uncertainty in the overall housing market, caused mortgage application volume to drop 3.7% last week compared with the previous week, according to the Mortgage Bankers Association’s …

Read More »

Harmonic is not a buy

Harmonic Inc: “Sells way too high on a price-to-earnings multiple for me to recommend when there’s so many cheaper stocks out there.” Cloudflare Inc: “It is okay to buy. I know that’s a tough call, but I do believe it.” Jim Cramer’s Guide to Investing Click here to download Jim Cramer’s …

Read More »

Ford unveils new F-Series Super Duty trucks

2023 Ford Super Duty F-350 Limited Ford DETROIT – Ford Motor is redesigning a pivotal product lineup, leaning on new software and connected data metrics, to boost profits in its commercial vehicle business. The Detroit automaker on Tuesday revealed its 2023 F-Series Super Duty trucks, a lineup of vehicles ranging …

Read More »