The journey from here could get much more bumpy after the Dow recorded its worst one-day loss since June 11 on Friday, lowering the blue chip index to its lowest point since May 26 and at least momentarily leaving I encourage equity investors. who may be gradually losing their bullish …
Read More »The auto industry is still chasing Tesla. Just ask Mercedes and Nvidia.
Text size A driverless car is on display in the Mercedes hall Boris Roessler / DPA / AFP via Getty Images Earlier this week, the Daimler Mercedes brand announced a partnership with graphics chip giant Nvidia to build the world’s first “software defined vehicles”. It’s a bold claim, and one …
Read More »The auto industry is still chasing Tesla. Just ask Mercedes and Nvidia.
Text size A driverless car is on display in the Mercedes hall Boris Roessler / DPA / AFP via Getty Images Earlier this week, the Daimler Mercedes brand announced a partnership with graphics chip giant Nvidia to build the world’s first “software defined vehicles”. It’s a bold claim, and one …
Read More »A broken uptrend in key government bond yield could bode badly for stocks
Too much for V-shaped recovery. The yield on the 10-year Treasury bond TMUBMUSD10Y, 0.647% it just broke below an ascending trend line, suggesting that the uptrend of the COVID-19 low in early March has ended. That upward trend in rates was significant for both Main Street and Wall Street. It …
Read More »Ford released a new F-150, but the Lordstown EV pickup got love. This is why.
Text size Interestingly, the launch of an electric vehicle pickup from a no-sales company surpassed the latest release of Ford’s best-selling vehicle in the United States. Growth is the reason. Courtesy of Ford. Private electric vehicle company Lordstown Motor presented its new truck, the Endurance, at a major event in …
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