Text size A Boeing 737 MAX airplane. Jason Redmond / AFP via Getty Images Boeing delivered 20 aircraft in the second quarter. While it is not unexpected, it is not good. The 737 MAX saga and the global coronavirus pandemic continue to plague the commercial aerospace giant. Boeing (ticker: BA) …
Read More »Why the S&P 500 is underperforming despite the US’s inability to contain COVID-19
AFP via Getty Images Here’s a weird twist to American exceptionalism: American stocks, as measured by the S&P 500 benchmark, hold up against their European rivals, despite US coronavirus cases rising again and threatening economic recovery, while European countries seem to have the outbreak largely under control. Coronavirus update: Global …
Read More »Electric car maker Fisker will be released soon. Its founder has high hopes.
Text size Fisker Inc., a new maker of electric vehicles, will announce a merger with a SPAC. The company may be new, but its founder and namesake Henrik Fisker designed the BMW Z8 and Aston Martin V8 Vantage. He has high hopes for electric vehicles and some innovative ideas. Simon …
Read More »Home prices could drop in major cities as Americans suffer from urban life, says Nobel Prize-winning economist Robert Shiller
Housing prices in major cities across the country could fall as a result of the pandemic. Drew Angerer / Getty Images The coronavirus pandemic has many Americans heading to the hills, or the suburbs, so to speak. And city home prices could decline as a result, says Nobel Prize-winning economist …
Read More »This is the busiest trade, fund managers say
The logos of the mobile applications Instagram, Snapchat, Twitter, Facebook, Google and Messenger are displayed on a tablet. denis charlet / Agence France-Presse / Getty Images Fund managers say the technology trade has never been so crowded. But that has not prevented them from betting too much on the sector. …
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