Morgan Stanley’s Adam Jonas is the latest analyst to raise some concerns with Tesla (TSLA). In a note to clients, Jonas wondered, “Could Tesla lose money (sometime) this year?” In cutting his price target to $320 from $345 (still one of the more bullish targets on the Street), Jonas noted concerns such as continued lag in EV demand despite price cuts, fleet operators like Hertz dumping EVs, and “strong hybrid momentum” peeling away potential EV buyers who are on the fence. Jonas said… Source link
Read More »North Korea leader Kim Jong Un orders heightened war preparations, KCNA says
SEOUL (Reuters) – North Korean leader Kim Jong Un inspected field training of troops at a major military operations base in the western region of the country on Wednesday and ordered heightened readiness for war, state KCNA news agency reported on Thursday. The tour of the base, the location of which was not identified, comes after the start of annual combined military drills by U.S. and South Korean forces on Monday in the South with twice the number of troops taking part compared to last… Source link
Read More »NBA Fantasy: Yahoo DFS for Mar. 6
Orlando’s Paolo Banchero has scored over 40 Yahoo points in four of his last seven games. We’re primed for an eight-game Wednesday night slate that does have a fair share of low projected totals, with only one game sporting a figure above 230 points. However, that doesn’t mean there aren’t any defensively vulnerable teams in action, and there are still plenty of favorable positional matchups and competitive game environments to work with. As customary, we’ll highlight multiple… Source link
Read More »Stock market today: Stocks rebound as Powell sticks to script on rate cuts – Yahoo Finance
[unable to retrieve full-text content]Stock market today: Stocks rebound as Powell sticks to script on rate cuts Yahoo Finance Source link
Read More »NFL mock draft: Trades galore as Patriots make it a 5-QB first round at No. 31
Welcome to the NFL mock draft world you’ll be existing in for the next 50 days. These mock drafts are really about creating scenarios and playing them out to see how the draft can change based on moves the teams make. For this mock draft, we’re exploring a world where the Atlanta Falcons get their hands on Kirk Cousins, likely eliminating the need for them to be in the quarterback game for the draft. Still, the draft will start with the Chicago Bears, where it seems like they’ve already… Source link
Read More »Black couple rented to a Chinese American family when nobody would. Now, they’re donating $5M to Black community.
In 1939, the Dongs, a Chinese American family in Coronado, California, found themselves unable to rent a house amid racially restrictive housing laws that favored white buyers and renters. Emma and Gus Thompson, a Black entrepreneurial couple in town, allowed the family to rent and eventually buy their Coronado property when nobody else would. Now, to thank the Thompsons for helping them get a toehold in American society, the Dongs are donating $5 million to Black college students using… Source link
Read More »UnitedHealth’s cyberattack should be a ‘wake-up call’ for healthcare
The US Health and Human Services Department (HHS) announced Tuesday it would help doctors and hospitals find alternate claims processing platforms in order to help reboot the flow of business after a cyberattack on a UnitedHealth Group (UNH) subsidiary crippled operations of a large swath of America’s health systems for the past two weeks. The cyberattack on Feb. 21 paralyzed Change Healthcare, which is used by hospitals, doctors’ offices, and pharmacies to process payments and prior… Source link
Read More »Stocks rebound as Powell reinforces Fed caution
US stocks popped on Wednesday, with techs vaulting back from a steep sell-off as investors digested Federal Reserve Chair Jerome Powell’s stance that interest rate cuts are still likely this year. The tech-heavy Nasdaq Composite (^IXIC) jumped about 0.8% after techs led a sharp slide in stocks more broadly on Tuesday. The S&P 500 (^GSPC) also added 0.8%, while the Dow Jones Industrial Average (^DJI) popped 0.6%, as both indexes came off losses of more than 1%. Powell’s testimony to Congress… Source link
Read More »‘I Can Say With Almost Certainty That They Will Come To A Bad Ending’
The cryptocurrency market is a whirlwind of excitement and uncertainty, fueled by a fear of missing out (FOMO) and speculation about its future trajectory. Amid this frenzy, one of the most seasoned voices in investment, Warren Buffett, has consistently made clear his stance on the matter: he wants nothing to do with cryptocurrency. Speaking at Berkshire Hathaway Inc.’s annual shareholder meeting in 2018, Buffett described Bitcoin as “probably rat poison squared,” a sentiment reported by… Source link
Read More »SEC adopts landmark climate rule — here’s what that means for public companies
For the first time, US public companies will be required to tell investors about their exposure to climate risks and greenhouse gas emissions. On Wednesday, the Securities and Exchange Commission approved requiring US-listed companies to communicate how they are managing material risks related to climate change and how those risks affect their bottom lines. Large companies will also be required to disclose their direct emissions from their operations and energy use, known as Scope 1 and… Source link
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