2 Things That Will Make Rivian Stock Act Like Meta Stocks

Text size Rivian’s enterprise value is behind fellow electric vehicle start-ups Lucid, Polestar and Fisker. Kevin Dietsch/Getty Images Stock in Electric Truck Starter Rivian Automotive is trading terribly, over 80% off its IPO price of $78 per share and over 90% off all-time highs. The shares are also trading much worse than shares of other … Read more

Nike, Chevron, Nvidia, Altria, Adobe and more stocks to watch this week

Text size The Federal Reserve’s interest rate decision on Wednesday will be the main event of a week with several notable earnings reports and investor days, as well as the latest economic data. The Federal Open Market Committee concludes a two-day meeting Wednesday afternoon, with a decision expected at 2 p.m. ET. President Jerome Powell … Read more

Despite market volatility, retail investors went on a buying spree. These are the shares they picked up, says Vanda.

The turmoil in financial markets, as the failure of three U.S. banks and uncertainty surrounding a major European bank continues to loom, hasn’t stopped some investors from buying into this so-called stock market bottom at a given time last week. That’s according to a weekly report released Friday by Vanda Research, which said retail investors … Read more

Meta’s layoffs are just a drop in the bucket. These companies are cutting more.

The job cuts at Meta The platforms are huge, but not exceptional. Many other companies are acting even more aggressively. Meta (ticker: META), the parent company of Facebook, said last week that it would cut 10,000 jobs and cancel 5,000 vacancies. The cuts come less than six months after the company announced 11,000 layoffs in … Read more

Apple and other big tech stocks are posting gains despite bank blasts. Here’s why.

Text size Apple and other big companies saw their stocks rise despite worries in the banking sector. Pau Barrena/AFP via Getty Images SVB Financial The ‘s troubles may have triggered the latest round of stock market troubles, but despite the lender’s ties to Silicon Valley, the tech sector has been remarkably resilient during the sell-off. … Read more

Childhood obesity. The doctor explains the disease and shares some tips

NoOn March 4, we celebrated World Obesity Day, a chronic childhood disease that the World Health Organization (WHO) considers the global pandemic of the 21st century and one of the biggest challenges to overcome. In Portugal, almost 30% of children are overweight and almost 11% are obese. The risk of persistence is known to be … Read more

Adobe earnings and outlook top street views as ‘critical’ software tops spending priorities

Shares of Adobe Inc. rallied in extended trading on Wednesday after the software company beat Wall Street expectations for the quarter and raised its outlook, while anticipating that its acquisition of the design platform interactive Figma will close by the end of the year. Adobe ADBE, +0.08% shares rose 5% after hours, after gaining less … Read more

“Median household net worth is next to nothing,” says Carl Icahn.

“ “We have major problems in our economy… A lot of people in our economy are obviously not doing well.”” —Carl Icahn That was Wall Street billionaire investor Carl Icahn, speaking to CNBC’s Closing Bell on Tuesday, following the government’s emergency measures to mitigate the impact of one of the biggest bank failures in the … Read more

Misuse of social media threatens freedoms, professor says

We must improve the regulation of social networks, by imposing the same rules applicable to communication vehicles. After all, the misuse of these platforms influences individual and collective self-determination, endangering the lives of minorities, public health and democracy. Gustavo Binenbojm defended that social networks should be subject to the rules of communication vehicles Cris Vicente … Read more

Wall Street gears up for Silicon Valley’s next bank

Investors feared the fastest interest rate increases in decades meant something in the economy could snap. Last week it was. Now investors are wondering: what else could crack? Silicon Valley Bank was shut down on Friday after being hit by a run on its deposits, the second-largest bank failure in US history. The fallout rocked … Read more