industrial news

Meta inventory downgraded at Financial institution of America amid issues about Reels and the metaverse

[ad_1] Shares of Meta Platforms Inc. have been falling in premarket motion Monday after a Financial institution of America analyst…

2 years ago

Nio inventory dives under $10, Alibaba hits 6 1/2-year low as Xi’s energy transfer fuels fears

[ad_1] The U.S.-listed shares of China-based firms had been rocked Monday, as China President Xi Jinping’s strikes to consolidate energy…

2 years ago

EV gross sales are getting hotter, these are the automobiles catching as much as Tesla

[ad_1] People purchased greater than 200,000 electrical automobiles within the third quarter — a primary. Electrical automotive gross sales grew…

2 years ago

Mortgage bankers anticipate charges to drop to five.4% in 2023. What’s going to residence costs do?

[ad_1] NASHVILLE, Tenn. — Excessive mortgage charges and recession fears are hurting residence costs, so anticipate development to be flat…

2 years ago

Large Investor Purchased Nvidia and Rivian Inventory. It Bought Ford and GM.

[ad_1] Textual content measurement Monetary-services big DNB loaded up on shares of agency Nvidia and electric-vehicle maker Rivian within the…

2 years ago

Mortgage charges surge to a 20-year excessive, resulting in steep decline in dwelling gross sales

[ad_1] The numbers: Mortgage charges have risen to the best degree in 20 years. The 30-year fixed-rate mortgage averaged 6.94%…

2 years ago

Residential housing demand ‘cratered’ as mortgage charges spiked, analyst says

[ad_1] Raymond James analyst Buck Horne lowered scores on the entire home-builder shares he covers, as he believes the current…

2 years ago

Inventory-market traders brace for busiest week of earnings season. Here is the way it stacks up to date.

[ad_1] Thus far, so good? Shares ended the primary full week of the earnings season on a robust observe Friday,…

2 years ago

Oil ends larger; pure fuel costs submit a weekly lack of greater than 20%

[ad_1] Oil futures ended larger on Friday, whereas natural-gas futures prolonged their losses right into a sixth-consecutive session to finish…

2 years ago

Monetary Advisor Pleads Responsible to Fraud After Airport Arrest

[ad_1] A Massachusetts funding advisor has pleaded responsible to a number of counts of fraud and different prices after a…

2 years ago