Elon Musk says backlash against his DOGE government cuts is hurting Tesla stock
Tesla CEO Elon Musk said Sunday that his involvement in the Trump administration could be hurting the automaker’s stock price. Speaking at a town hall event in Wisconsin, Musk said his…
Restaurant chain Hooters files for bankruptcy protection to enable founder-led buyout
Restaurant chain Hooters of America filed for bankruptcy protection in Texas on Monday, seeking to address its $376 million debt by selling all of its company-owned restaurants to a franchise group backed…
Meta’s head of AI research announces departure
Meta’s head of artificial intelligence research announced Tuesday that she will be leaving the company. Joelle Pineau, the company’s vice president of AI research, announced her departure in a LinkedIn post, saying…
The Best Five Sectors, #13
Financials take the lead. No changes in the composition of the top 5 this week, and only one change of position within the top 5. Financials (XLF) leapfrogged to the…
Volatility Ahead: What Investors Need to Know Right Now
It was an ugly close to another roller-coaster trading week as the stock market struggled with several moving parts. Wednesday’s Evening Doji Star in the S&P 500 ($SPX) showed its…
S&P 500 Drops Quickly to Test Key Support Amid Rising Volatility
Thank You! I’ve been writing at StockCharts.com for nearly 20 years now and many of you have supported my company, EarningsBeats.com, and I certainly want to show my appreciation for…
DP Trading Room: Magnificent Seven Stocks in Bear Markets
You may not know it, but all of the Magnificent Seven stocks are in bear markets. Given they are such an integral part of the major indexes, we have to…
Trump: ‘We’ll never stop looking’ for American journalist kidnapped in Syria, Austin Tice
President Donald Trump said that the U.S. would continue to search for Austin Tice, an American journalist who disappeared in Syria in 2012. Tice, who previously served as a captain…
Hawley officially a yes on Dr. Oz after securing commitments on transgender, abortion issues
: Sen. Josh Hawley, R-Mo., will vote to confirm President Donald Trump’s Centers for Medicare & Medicaid Services (CMS) nominee, Dr. Mehmet Oz, after securing commitments from him regarding transgender…
Trump quips he’d ‘love’ to run against Obama in hypothetical third-term presidency
President Donald Trump said he would ‘love’ to run against former President Barack Obama in a hypothetical third-term run for the presidency that he has floated in recent days. ‘I…