Tesla, AT&T, Visa, Chevron, Microsoft, and More Stocks to Watch This Week

Text size It will be a big week of fourth-quarter earnings, with about 90 S&P 500 companies scheduled to report. There will be plenty of notable economic data releases for investors to watch out for as well. Highlights will include results from Microsoft , Johnson & Johnson , General Electric , Verizon Communications , and … Read more

Tesla’s stock drop has been bad. But this company has hurt investors even more.

Elon Musk has been trying this week to defend Tesla’s abysmal stock performance in 2022. The electric vehicle giant has seen its stock plummet by 61% this year, making it the 11th-worst performing stock in the S&P 500 in 2022. “As bank savings account interest rates, which are guaranteed, start to approach stock market returns, … Read more

Bitcoin Booster Peter Thiel Takes a Hit in BlockFi Bankruptcy

Markets Currencies Cryptocurrency Thiel’s Valar Ventures had a 19% stake in the crypto lender, according to documents filed with the bankruptcy court

Elon Musk says Twitter will eventually be part of ‘X, the everything app’

Elon Musk has a new plan for Twitter Inc. after giving up a legal battle and agreeing to pay $44 billion for the company Tuesday. ““Buying Twitter is an accelerant to creating X, the everything app”” — Elon Musk That tweet was Musk’s first public statement Tuesday about the decision, which was revealed in a … Read more

The Meta meltdown: This chart shows Facebook’s fall from grace among the most valuable U.S. companies

Dogged by competitive and macroeconomic threats, Meta Platforms Inc. is sinking down the ranks of the largest U.S. companies. After a 9.4% daily slide in its stock, Meta META, -9.37% ranked 10th by market value as of Tuesday’s close, falling below Visa Inc. V, -3.37% for the first time since the start of August. Meta, … Read more

PayPal Is Being Targeted by Activist Elliott. Here’s Why.

Text size PayPal shares have slid this year as people have returned to their prepandemic spending habits. Courtesy of PayPal Payments giant PayPal finally has attracted an activist. PayPal (ticker: PYPL) had been a pandemic-darling as households increasingly shopped online but shares have slid more than 60% this year as people returned to their prepandemic … Read more

I want to retire next year, but I have $25,000 in credit card debt and a major monthly mortgage payment — I also live with my three kids and ex

I’ll be 57 next month and am divorced with three kids living with me. One is 28, she’s working, another is 21 and a senior in college (with a full scholarship) and the youngest is 15 (a sophomore in high school with a full scholarship).  I plan to retire at the end of next year … Read more

3 crucial financial moves to make now after the Fed’s biggest rate hike since 1994

In a matter of months, it’s become more expensive to carry a credit card balance, a car loan or a mortgage as the Federal Reserve’s interest rate hikes have seeped into borrowing costs. It’s tough medicine that central bankers hope will break the fever of hot inflation — and no one expects the doses to … Read more

GameStop, Salesforce, Netflix, Alphabet, Nvidia, and Other Stocks for Investors to Watch This Week

Text size Uncredited U.S. stock and bond markets will be closed Monday for Memorial Day. A handful of major companies report later this week, with the economic-data highlight being jobs Friday. HP and Salesforce . com will report on Tuesday, followed by Chewy, GameStop , and Hewlett Packard Enterprise on Wednesday. CrowdStrike Holdings , Hormel Foods , Lululemon Athletica , … Read more

PayPal Stock Is Falling. Here’s Why.

Text size PayPal’s has a new interim CFO. Justin Sullivan/Getty Images Walmart said late Tuesday it named John Rainey as its chief financial officer. Rainey currently holds the same position at PayPal Holdings, but his move isn’t the red flag analysts are watching ahead of the payment-processing company’s earnings. Rainey steps into his new role … Read more