What Walmart, Target, Home Depot and Lowe’s tell us about the economy:

What Walmart, Target, Home Depot and Lowe’s tell us about the economy:

How well is the American consumer holding up against sky-high inflation? It depends on whom you ask. Four major retailers – Walmart, Target, Home Depot and Lowe’s – reported quarterly financial results this week, and they each offered a different perspective on where and how people are spending their money. Walmart said some of its … Read more

How Carvana went from a Wall Street top pick to meme stock trading:

How Carvana went from a Wall Street top pick to meme stock trading:

Ernie Garcia, CEO, Carvana: Scott Mlyn |: CNBC: Carvana CEO Ernie Garcia III regularly tells Wall Street that “the march continues” in the company mission to become the largest and most profitable used car retailer in the world. Its stock price has marched this year as well, just in the wrong direction for investors. Within … Read more

Hyundai, Quietly, Might Be Tesla’s Biggest Threat:

Hyundai, Quietly, Might Be Tesla’s Biggest Threat:

Photo:: Hyundai: Audi, Tesla, GM, Ford, Stellantis, and probably everyone else are having production issues, while Hyundai could be a sleeping EV giant. All that and more in: The Morning Shift: for May 16, 2022. 1st Gear: Hyundai: Now, before anyone gets too upset, I’d like to recognize that Hyundai’s EVs and Tesla’s cars are, … Read more

How to buy stocks on the brink of a bear market:

How to buy stocks on the brink of a bear market:

It seemed like everyone was in a buying mood on Friday, except Elon Musk. The Dow Jones Industrial Average broke a six-day losing streak, the Nasdaq Composite turned in its second positive session in a row, and the S&P 500 was up over 2%, a small step back from the brink of a bear market, … Read more

Plant-based food stocks Beyond Meat, Oatly face a reset:

Plant-based food stocks Beyond Meat, Oatly face a reset:

In this photo illustration Oatly oat milk is shown on May 20, 2021 in Chicago, Illinois. Scott Olson |: Getty Images: Wall Street appears to be souring on plant-based substitutes. Shares of Beyond Meat and Oatly have shed more than half their value this year. The stocks are both high-profile and relatively recent entrants to … Read more

With an eye on China’s zero-Covid chaos, Taiwan seizes chance to open up:

With an eye on China’s zero-Covid chaos, Taiwan seizes chance to open up:

Taipei, Taiwan: CNN: – Business has been swift this week for Oscar Chen, the fourth-generation owner of the Liang Xi Hao restaurant in central Taipei. The tables at his diner in the Taiwanese capital are buzzing with customers, waiters bustle with dishes of squid soup and rice noodles, and talk and laughter fills the air. … Read more

Nissan is Profitable for the First Time in Years:

Nissan is Profitable for the First Time in Years:

Photo:: Nissan: Nissan is making money again, Rivian is not, and GM. All of that and more in: The Morning Shift: for May 12, 2022. 1st Gear: Nissan: Nissan has had a weird three years or so following: the ouster of former CEO Carlos Ghosn: under circumstances that can only be described as too bizarre … Read more

Nissan is Profitable for the First Time in Years:

Nissan is Profitable for the First Time in Years:

Photo:: Nissan: Nissan is making money again, Rivian is not, and GM. All of that and more in: The Morning Shift: for May 12, 2022. 1st Gear: Nissan: Nissan has had a weird three years or so following: the ouster of former CEO Carlos Ghosn: under circumstances that can only be described as too bizarre … Read more

Plants have been grown in lunar soil for the 1st time ever:

Plants have been grown in lunar soil for the 1st time ever:

Sign up for CNN’s Wonder Theory science newsletter. Explore the universe with news on fascinating discoveries, scientific advancements and more:. CNN: – In a landmark first, scientists have grown plants in lunar soil using samples collected during the Apollo missions to the moon. This is the first time plants have been sprouted and grown on … Read more

How electric pickups stack up in price, range:

How electric pickups stack up in price, range:

SAN ANTONIO – Ford Motor’s new F-150 Lightning is an electric pickup truck. That may seem obvious given it looks like a truck and has electric motors and a battery pack instead of an engine, but it needs to be said. Why? Because a successful battery-powered pickup is a critical step in the EV transition, … Read more