The Washington Nationals really might be trading Juan Soto, but it reportedly is not going to be cheap. Multiple MLB teams have reportedly told The Athletic’s Ken Rosenthal that the Nationals are asking for four or five “youngsters,” basically prospects or big leaguers with several years of team control left, in negotiations for Soto. The Nationals have apparently signaled the price is non-negotiable, hence teams will have to choose to meet that price by the Aug. 2 trade deadline or try their… Source link
Read More »BofA’s Subramanian just slashed her S&P price target to 3,600. But here’s what she likes for healthy cash return and inflation protection
The biggest bear on Wall Street: BofA’s Subramanian just slashed her S&P price target to 3,600. But here’s what she likes for healthy cash return and inflation protection With the market trading sideways lately, some investors are wondering whether the sell-off is done and we could be at the bottom. But according to Bank of America’s head of U.S. equity and quantitative strategy Savita Subramanian, tough times still lie ahead. Her team recently lowered their year-end price target on the… Source link
Read More »Shiba Inu (SHIB) Price Prediction 2022 to 2025
Key Points Shiba Inu has seen significant volatility in its short history, routinely increasing by more than ten-fold in a few days. SHIB/USD currently trades near $0.000008, over 90% lower versus October 2021 highs at $0.00008. If cryptocurrencies recover and SHIB developers deliver utility to the ecosystem, a challenge of 2021 highs before 2025 is likely. SHIB’s Short History Shiba Inu, the second-largest dog-inspired memecoin by market capitalization after Dogecoin and… Source link
Read More »These 40 ‘overvalued’ housing markets could see 15% to 20% home price declines if a recession hits
A housing bubble requires both a rush of speculators entering into the market and “overvalued” home prices. Oh, and the bust at the end, of course. Unlike the housing bubble that popped in 2008, the pandemic housing boom isn’t underpinned by a frenzy of speculation, Moody’s Analytics chief economist Mark Zandi says. While home flipping has certainly ticked up during the pandemic, he says, we aren’t seeing the exuberance of the last bubble. So is the coast clear? Well, not so fast. While… Source link
Read More »The Putin price hike is real—and huge
It seemed silly, in March, when President Biden started calling persistent inflation “Putin’s price hike.” The price of gasoline and many other things had been soaring well before Putin ordered Russia’s invasion of Ukraine on Feb. 24, and blaming that on Putin all of a sudden was opportunistic blame-shifting. More than 100 days into the war, however, the Russian president’s belligerence has clearly had the most pronounced effect on global prices of any single geopolitical… Source link
Read More »Lumber Price Gets Chopped in Half Amid Chill in Housing Markets
TipRanks Billionaire Paul Tudor Jones Loads Up on These 3 High-Yield Dividend Stocks For the retail investor, the only certainty of our current market environment is uncertainty. The reasons are multiplying: high inflation is rising higher, wages are not keeping up, Russia’s invasion of Ukraine has initiated Europe’s largest war since 1945, and energy and food commodities – key ingredients in the inflation mix – are sure to rise in price as a result of that fighting. In a time like… Source link
Read More »GM slashes price of 2023 Chevy Bolt, making it the cheapest EV in America
Chevrolet Bolt EV The 2023 Chevrolet Bolt will be the cheapest EV you can buy in America — with a caveat. Earlier this week General Motors (GM) revealed pricing for the 2023 version of the Bolt EV. The base 1LT and better equipped 2LT models are now priced at $26,595 and $29,795 respectively, which GM says is a price cut of $5,900 per model compared to last year. The larger Bolt EUV is getting an even bigger price cut, at least nominally speaking, of $6,300. For the regular Bolt EV, that price… Source link
Read More »Credit Suisse Slashed Snap's Price Target By 23.4%, Still Reiterated Outperform – Read Why – Yahoo Finance
Motley Fool Why Lithium Americas Stock Crashed Today Despite being not yet operational, and having no revenue to its name (much less profits), Lithium Americas stock has had a terrific run as investors bid up lithium assets in anticipation of booming demand for the metal, which is used to make the batteries that power electric vehicles. With lithium currently priced at $60,000 a ton, Goldman sees that slipping 10% to $54,000 later this year — a pothole that precedes a bigger fall off a… Source link
Read More »Elon Musk sued by Twitter shareholder, alleging that he manipulated the company’s stock price with his tweets following the buyout agreement
Maja Hitij/Getty Images A Twitter investor is suing Elon Musk for market manipulation for his tweets about the buy being “on hold.” The complaint was filed in California on Wednesday. “Just because your name is Business Insider Trading doesn’t mean you should project that on others!” Musk told Insider in an email. A Twitter shareholder is suing Elon Musk and Twitter over Musk’s tweets following his agreement to buy the company last month. The proposed class-action suit, filed in a federal… Source link
Read More »‘Housing market is looking increasingly vulnerable with a price correction possible’: ING
“The housing market is looking increasingly vulnerable with a price correction possible,” says one economist. ING’s chief international economist James Knightley points to the rapid rise in home prices making it more challenging for prospective buyers to save for a deposit at a time when inflation is shrinking real incomes and confidence is suffering. “On top of this, the latest housing data shows that this sector is the most vulnerable to the rising rates environment with the growing… Source link
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