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June 21, 2024
And take a jaundiced idea to things that were going so right just yesterday . Thats what happened today a day with the dow dropped 75 points and the nasdaq lost. 56 . I have to admit i found it more than a little daunting. We take the rosecolored glasses off and we see some chinks in this market. Retail and restaurants, we know retail has been leading this market because a combination of healthy job growth and the change back from those 220s when you fill up at the pump. What if people stop shop...
June 21, 2024
Is this the sign of a slowdown in auto sales or maybe just related to the weather . Okay. Well, it was really nice while it lasted. Stocks selling off this hour. The nasdaq the biggest loser, as ty just said after hitting 5,000 yesterday. The dow is currently down by 101 points, which is off its lows of the day. Still down by triple digits. Actually now its down by double. It is seeming to come off those lows as were literally speaking. The nasdaq is down by 36 points and the s p 500 is down by ...
June 20, 2024
For the time being. Our road map with the markets under continuing pressure after logging their worst day in more than a month yesterday. Jc penney reporting a smaller than expected First Quarter loss and nordstrom reporting a better than expected firstquarter profit. The seafood lover darden selling red lobster to Golden Gate Capital for 2. 1 billion in cash. A whale tale, the money swimming into verizon. Well explain that later on. All right. Futures as you said, you saw relatively stable afte...
June 8, 2024
TrueCar has terminated its headquarters lease in Santa Monica, alleging its landlord Mani Brothers rendered the office unusable after construction failures.
October 17, 2023
SANTA MONICA, Calif.--(BUSINESS WIRE)-- By leveraging Atlantic Coast Automotiveโs network, Autonomy aims to make affordable and hassle-free EV ownership acces
September 10, 2023
SANTA MONICA, Calif.--(BUSINESS WIRE)-- Autonomy has been providing a growing fleet of vehicles to EV Mobility over the last 12 months. โWe like and understan
August 2, 2023
Home Depot sued by survivors of police officer shot and killed at store
July 13, 2023
Copyright BusinessAMBE Tesla feels the hot breath of competitors on its neck. That is why the car maker has already cut prices on several occasions. The company is willing to cut profit margins in...
July 12, 2023
Plus, Mercedes had a solid second quarter and Audi wants to buy better EV technology from a Chinese partner, all in today's Morning Shift.
July 12, 2023
Scott Painter, founder and CEO of EV subscription company Autonomy Inc., nearly ran out of business due to price cuts.