Raymond James analyst Buck Horne lowered ratings on all of the home-builder stocks he covers, as he believes the recent “relentless” climb in mortgage rates has ensured a housing recession. Read more
Tag: parts
Elon Musk says SpaceX can’t afford to give Ukraine free Starlink access anymore
““Burn is approaching ~$20M/month.”” That was SpaceX CEO Elon Musk explaining that the company cannot fund Starlink services for people in Ukraine in perpetuity because it’s too expensive. In the Read more
Opinion: Value stocks have outperformed growth stocks. And now they’re even better bets
Value stocks over the past two months have become even more compelling investments. Value stocks significantly outperformed growth stocks in the past century, though there have been long stretches that Read more
RingCentral added to ‘zombie’ stocks list by equity research firm New Constructs
Cloud-based communication company RingCentral has been added to the list of “zombie” stocks compiled by equity research firm New Constructs. The research firm, which uses machine learning and natural language Read more
The space (technology) race is ready for liftoff in this mid-sized military town
The space race is back on. After decades of relative neglect following man’s landing on the moon in 1969, things have taken off. Over the past few years, billionaires Elon Read more
Musk’s purported peace plan for Ukraine draws condemnation from diplomat, statesmen and chess champion
Elon Musk at the 2022 Met gala. Getty Images/The Met Museum/Vogue Elon Musk’s foray into geopolitics this week quickly became an international social-media incident when, predictably, the Ukrainian ambassador to Read more
Elon Musk’s Starlink to help provide Florida with internet access in Hurricane Ian’s wake
Elon Musk’s satellite internet company, Starlink, will help provide broadband internet access to people in Florida affected by Hurricane Ian. Florida governor Ron DeSantis, a Republican, said Saturday that Starlink Read more
Elon Musk sparks outrage in Ukraine over Russia tweets
Elon Musk’s tweets saying that Crimea rightfully belongs to Russia and proposing a referendum in Russian-occupied parts of Ukraine have provoked a firestorm of criticism from Ukraine and its supporters — and Read more
Opinion: Congress must deny a special waiver Boeing seeks for the next version of the 737 MAX
It’s been only three years since two Boeing 737 MAX 8 planes crashed in a span of five months. A total of 346 people were killed in the two disasters. Read more
NASA’s successful DART asteroid collision lifts space stocks
The successful collision of a NASA spacecraft with an asteroid lifted space sector stocks before market open Tuesday. The vending-machine sized spacecraft successfully collided with asteroid Dimorphos at 7:14 pm Read more