Tag Archives: cold

JP Morgan note pours cold water on sizzling rally

JP Morgan note pours cold water on sizzling rally

Tesla stock has risen too fast this year based on numerous uncertainties around the EV maker’s business, JP Morgan analyst Ryan Brinkman argues. “Tesla’s softer trend and below-consensus adjusted automotive gross margin comes before the impact of large price reductions that will primarily be felt beginning in the first quarter,” Brinkman said in a new client note. “As such, we view margin trajectory negatively and expect that consensus margin expectations are likely to decline.” Brinkman… Source link

Read More »

Starbucks, with the new Pistachio Cream Cold Brew, bets more on chilly drinks

Starbucks, with the new Pistachio Cream Cold Brew, bets more on chilly drinks

Starbucks is adding a new, limited-run, cold brew option, reflecting continued sales growth in the cold drink category at the coffee chain and the industry in general. The coffee giant today unveiled the Pistachio Cream Cold Brew. The new, iced option is part of Starbucks’ winter menu. The drink is sweetened with vanilla syrup and is topped with pistachio cream cold foam and brown buttery sprinkles. In addition to the cold brew, the Pistachio Latte returns to menus, along with the bakery item,… Source link

Read More »

7 things to watch after a cold quarter for the stock market: Morning Brief

7 things to watch after a cold quarter for the stock market: Morning Brief

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Monday, October 3, 2022. Today’s newsletter is by Brian Sozzi, an editor-at-large and anchor at Yahoo Finance. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. The fourth quarter for the stock market could be as cold as the third quarter — after all, what is there to be excited about at the moment? Interest rates are rising. Housing… Source link

Read More »

CORRECTED-Mikhail Gorbachev, who ended the Cold War, dies aged 91 -agencies – Yahoo Finance

CORRECTED-Mikhail Gorbachev, who ended the Cold War, dies aged 91 -agencies – Yahoo Finance

MarketWatch The third richest man in the world behind Musk and Bezos is a college dropout whose fortune has surged $60 billion this year With a total net worth of $137 billion, Indian-born Gautam Adani’s extraordinary wealth gain in 2022 has far surpassed that of any other billionaire, many of whom have seen their fortunes drop this year, according to Bloomberg’s running tally. The world’s richest, Tesla (TSLA) Chief Executive Officer Elon Musk, has seen a loss of $18.9 billion this… Source link

Read More »

The U.S. housing market has gone cold

The U.S. housing market has gone cold

This post was originally published on TKer.com.  Low financing costs, excess savings, and a demand for more space during the pandemic fueled a frenzy in the housing market that sent home prices surging. Homebuyers, however, are now confronting an increasingly unaffordable housing market that’s been plagued by shortages. And with the Federal Reserve forcing financing costs higher in recent months, housing market activity has cooled off considerably. “Housing is likely just at the beginning… Source link

Read More »

Natural Gas Soars 700%, Becoming Driving Force in the New Cold War

Natural Gas Soars 700%, Becoming Driving Force in the New Cold War

(Bloomberg) — One morning in early June, a fire broke out at an obscure facility in Texas that takes natural gas from US shale basins, chills it into a liquid and ships it overseas. It was extinguished in 40 minutes or so. No one was injured. Most Read from Bloomberg It sounds like a story for the local press, at most — except that more than three weeks later, financial and political shockwaves are still reverberating across Europe, Asia and beyond. That’s because natural gas is the… Source link

Read More »