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So What"s Up With Snap, Nio, Xpeng And Li Auto Today?
Snap Inc (NYSE: SNAP) shares are trading higher by 4% at $64.60 Thursday afternoon after Cowen maintained an Outperform rating on the stock and slightly raised its price target. read more.....»»
Apple upgraded to a "buy" rating with 18% upside as UBS says "no super cycle, no problem"
Apple's iPhone sales won't see a "supercycle," but it doesn't mean the stock isn't worth owning as the tech giant gets into the auto sector, UBS s.....»»
UBS upgrades Apple to buy on auto market hopes
UBS analysts led by David Vogt upgraded their rating on Apple to buy from neutral and lifted the price t.....»»
The giant ship stuck in the Suez Canal is costing the global economy an estimated $400 million per hour
On average, $9.7 billion in goods travels through the canal, which connects Asia and Europe, every day. The Ever Given, trapped in the Suez Canal, Egypt, as of Thursday, March 25, 2021. Suez Canal Authority A c.....»»
GM to build pickups without certain modules, hurting fuel economy, Reuters says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Hawaii economy forecast for 2021 better than most recent prediction
Hawaii’s economy is projected to grow by 2.7% this year as it recovers from the shutdowns last year prompted by the Covid-19 pandemic, a small improvement from the most recent forecast in December, according to a first quarter report by the state.....»»
Study ranks the best states for women. Wisconsin makes top 10.
In 2020, the pandemic had a disproportionate negative effect on women’s employment — leading to the coining of the phrase “she-cession.” In December alone, the U.S. economy lost 140,000 net jobs, with 156,000 women leaving the workforce while men ga.....»»
Study ranks Minnesota the best state for women
In 2020, the pandemic had a disproportionate negative effect on women’s employment — leading to the coining of the phrase “she-cession.” In December alone, the U.S. economy lost 140,000 net jobs, with 156,000 women leaving the workforce while men ga.....»»
"Big Short" investor Michael Burry says "prepare for inflation" - and warns bitcoin and gold might be at risk
"In an inflationary crisis, governments will move to squash competitors in the currency arena. $BTC #gold," Burry tweeted. Michael Burry. Bloomberg TV Michael Burry expects the economy's reopening and more stimulus to fuel.....»»
State Farm increases auto rates in Illinois after cutting them last year by nearly 14%
State Farm is increasing auto insurance rates in Illinois by 4.2% on average a.....»»
Kelley Blue Book: These midsize trucks get the best mileage
Pickup trucks generally aren’t famous for great fuel economy, but the efficiency of some midsize trucks in 2021 may surprise you......»»
Uncertainty surrounding economy holds mortgage rates in place
The 30-year fixed-rate average, which was unchanged at 2.73 percent this week, remains near record lows and is down nearly three-quarters of a percentage point since a year ago......»»
American Airlines just posted a record $8.9 billion annual loss
American Airlines said it burned around $30 million of cash on average per day in the quarter ended December 31. An American Airlines plane departing from Washington, DC. Chip Somodevilla/Getty American Airlines posted an $8.9 billion annu.....»»
Facebook reports DAUs 1.84B on average for December 2020, up 11% y/y
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
The economy is getting even worse for Americans with a high school diploma or less education
Nearly a million people with a high school education or less lost work in November and December, reversing job recovery since April......»»
The economy is getting even worse for Americans with high school degrees or less education
Nearly a million people with a high school education or less lost work in November and December, reversing job recovery since April......»»
Allstate cuts auto insurance rates by 5% in Illinois as driving remains depressed almost a year into the pandemic
Allstate is reducing auto insurance rates to all Illinois policyholders by an average of 5% as driving remains down almost a year into the COVID-19 pandemic, according to filings w.....»»
Bond Report: U.S. Treasury yields slip after weak data underlines consumer weakness
U.S. Treasury yields fall Friday as data from December points to continuing economic pain in the U.S. economy, following renewed lockdown measures by some states to fight an intensifying COVID-19 pandemic......»»
December"s $600 stimulus boosted spending by 30% - and Biden"s new plan calls for checks twice as large
Americans who got $600 stimulus checks spent 30% more than those who didn't, per BofA Research. The economy might be even stronger with Biden's plan. Joe Biden plans to implement a $1.9 trillion stimulus packag.....»»