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Bill Pugliano | Getty Images Workers build a truck as it goes through the assembly line at the Ford Kentucky Truck Plant in Louisville, Kentucky. Ford is building a new plant in Michigan for autonomous vehicles as the company realigns some factories to focus on its future lineup of self-driving …
Read More »Monthly Archives: March 2019
Here’s ‘the biggest problem with capitalism’
Callaghan O’Hare | Bloomberg | Getty Images Pete Buttigieg, the mayor of South Bend, Indiana, and 2020 presidential candidate, pauses during the South By Southwest (SXSW) conference in Austin, Texas, U.S., on Saturday, March 9, 2019. Presidential hopeful Pete Buttigieg is one of the latest Democratic candidates to eschew socialism, …
Read More »Auto stocks fall after BMW warns of economic slowdown, trade trouble
Luke Sharrett | Bloomberg | Getty Images A worker assembles a vehicle at the BMW plant in Greer, South Carolina. Shares of automakers fell Wednesday after BMW warned of lower profits, citing international trade tension and the potential impact of Brexit as possible drags on global economic growth. BMW executives …
Read More »Investors who believe the market’s gotten too calm right now could use these ETFs to hedge
The market has been eerily quiet, perhaps too quiet. The Cboe Volatility Index, a measure of the 30-day implied volatility of the S&P 500 known as the “VIX” or the “fear gauge,” hit 12.37 on Tuesday, its lowest level since October. Volatility collapsed as the stock market was quick to …
Read More »Ford teases electric Mustang on Twitter as Tesla unveiled Model Y
Bill Pugliano | Getty Images Jim Farley, Ford Motor Company Executive Vice President and President of Global Markets, reveals the 2020 Ford Mustang Shelby GT 500 at the 2019 North American International Auto Show during Media preview days on January 14, 2019 in Detroit, Michigan. Ford was one of the …
Read More »There was mysterious selling in FedEx on Tuesday before poor earnings took down the stock
We are always looking for the so-called tells in the market. These are when the really smart money tips their hand by buying or selling an abnormally large amount of stock or options ahead of an event. Whether that event is an earnings report, new product introduction, or industry conference, …
Read More »Robots built by Toyota to help visitors at Tokyo 2020 Olympics
Alessandro Di Ciommo | NurPhoto | Getty Images Toyota’s Human Support Robot is pictured at a demonstration of the Tokyo 2020 Robot Project in Tokyo, Japan, on March 15, 2019. Robots are to play an important role at the 2020 Olympics and Paralympics in Tokyo, Japan. The plan to use …
Read More »Starbucks announces trials for recyclable and compostable cups
Stephen Brashear | Getty Images A protestor walks past a caricature made of coffee cups outside of the Starbucks Annual Shareholders Meeting at McCaw Hall, on March 21, 2018 in Seattle, Washington. For decades, the company has offered a 10 cent discount to customers who bring in cups. Despite the …
Read More »Biden privately tells supporters he’s planning 2020 run: WSJ
NurPhoto | NurPhoto | Getty Images Joe Biden delivers the keynote speech at the First State Democratic Dinner at the Rollins Center in Dover, DE on March 16, 2019. The former U.S. Vice President refrained from announcing his candidacy, even-though early polls conducted in March indicate former Vice President Biden …
Read More »Xiaomi stock movement following earnings expectations beat
Josep Lago | AFP | Getty Images Visitors test the new Xiaomi Mi 9 smartphone at the Mobile World Congress (MWC) in Barcelona on February 27, 2019. Chinese smartphone maker Xiaomi saw its stock swoon during Wednesday trade despite posting a fourth-quarter earnings report that beat expectations the previous day. …
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