C&E Industry News Filter

Can't afford to retire?  Why "working longer" isn't good retirement advice.

Can’t afford to retire? Why “working longer” isn’t good retirement advice.

Financial planners generally advise you to work as long as you can, so you can increase your retirement savings while waiting for a larger Social Security check. But such advice assumes you have the luxury of deciding when to stop working. Tens of millions of Americans do not. Here’s the truth: retiring early, even at …

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This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

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This record Nvidia revenue number is a chilling sight

This record Nvidia revenue number is a chilling sight

The financial results of Nvidia Corp. surprised investors a little, and not on the good side – product inventories doubled to an all-time high as the chip company prepares for a dodgy holiday season. Nvidia on Wednesday reported fiscal third-quarter revenue slightly above analysts’ discounted expectations, but the numbers weren’t so great. Revenue fell 17% …

This record Nvidia revenue number is a chilling sight Read More »

Tesla investors were the biggest losers in Elon Musk's Twitter deal, and those losses continue

Elon Musk’s huge Tesla compensation package challenged in court

WILMINGTON, Del. – Testimony began Monday in a Delaware courtroom where a Tesla shareholder is challenging a compensation plan for CEO Elon Musk potentially worth more than $55 billion. The lawsuit alleges that the performance-based stock option grant was negotiated by a compensation committee and approved in 2018 by Tesla TSLA, -2.56% board members who …

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Tesla investors were the biggest losers in Elon Musk's Twitter deal, and those losses continue

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue

Twitter users have complained a lot about Elon Musk’s early moves after taking over the social network, but their complaints seem small compared to what Tesla Inc. investors had to endure. As the United States focused on election returns on Tuesday night, Tesla TSLA, -7.17% Chief Executive Musk tried to push through the disclosure of …

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue Read More »

Tesla investors were the biggest losers in Elon Musk's Twitter deal, and those losses continue

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue

Twitter users have complained a lot about Elon Musk’s early moves after taking over the social network, but their complaints seem small compared to what Tesla Inc. investors had to endure. As the United States focused on election returns on Tuesday night, Tesla TSLA, -7.17% Chief Executive Musk tried to push through the disclosure of …

Tesla investors were the biggest losers in Elon Musk’s Twitter deal, and those losses continue Read More »

Here's the problem under the hood of Warren Buffett's Berkshire Hathaway

Here’s the problem under the hood of Warren Buffett’s Berkshire Hathaway

It’s Midterm Day in America, so get your gun ready (where the law allows), get your local election lawyer to dial quickly, and break out the popcorn. United States, United States. More on that later. The company lost $2.7 billion in the third quarter, although its earnings are notoriously volatile and the losses were driven …

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PayPal's revenue forecast rises, but revenue outlook drives stock down further

PayPal’s revenue forecast rises, but revenue outlook drives stock down further

PayPal Holdings Inc.’s cost savings story began to materialize in the last quarter, but that wasn’t enough to satisfy investors as the digital payments giant also cut its revenue forecast for the month. whole year in light of the “difficult macro-economic environment”. .” Shares fell 10% in after-hours trading after PayPal PYPL, -3.65% Executives slashed …

PayPal’s revenue forecast rises, but revenue outlook drives stock down further Read More »

The best play on the Fed's decision could be a no-play, according to this industry veteran

The best play on the Fed’s decision could be a no-play, according to this industry veteran

It’s time to go for the Fed, which is set to make a fourth consecutive major hike, although there are obviously bigger questions hanging over December’s plans. Wall Street is understandably on the fence, especially after Tuesday’s batch of good is bad data. Our call of the day from Stuck in the Middle blogger Mr. …

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The cloud boom has hit its stormiest moment yet, and it's costing investors billions

The cloud boom has hit its stormiest moment yet, and it’s costing investors billions

The cloud boom has finally reached an altitude of rest, but Wall Street is doing anything but rest. Amazon.com Inc. AMZN, -4.06%, the original cloud computing pioneer, confirmed Thursday which rivals Microsoft Corp. MSFT, -1.98% and Alphabet Inc. GOOGL, -2.85% GOOG, -2.34% suggested with their earnings reports earlier in the week: Cloud computing growth has …

The cloud boom has hit its stormiest moment yet, and it’s costing investors billions Read More »