Wall Street pros warn we may be experiencing ‘peak earnings’

Seeking a scapegoat for October’s stock market convulsions? Try the dark cloud looming on the horizon known as peak earnings growth. With profit growth poised to slow sharply in 2019 for a number of reasons – chief among them less of a jolt from the Trump tax cuts – the …

Investors weigh whether to ditch stocks for bonds as yields finally offer an alternative

Farewell, TINA? TINA is the acronym for “there is no alternative,” a market mantra that reflected the frustration of investors who saw no alternative to stocks in a post-financial crisis world dominated by ultralow government bond yields as the Federal Reserve and other global central banks embarked on asset-buying programs …

Canada is now the world’s largest legal marijuana marketplace

Ian Power was among the first to buy legal recreational marijuana in Canada but he has no plans to smoke it. He plans to frame it. Canada became the largest country with a legal national marijuana marketplace as sales began early Wednesday in Newfoundland. Power was first in line at …

Tesla buys new plot for its first China factory

Tesla successfully acquired an 864,885-square meter plot in Shanghai’s Lingang area for the electric car maker’s new factory, according to an announcement from Lingang Wednesday afternoon. No price was immediately disclosed. Plans for the wholly-owned factory were first announced in July. Lingang is located on the coast, about 47 miles …

Jeff Bezos predicts we’ll have 1 trillion humans in the solar system, and Blue Origin wants to help get us there

Blue Origin founder and Amazon CEO Jeff Bezos predicts we’ll have 1 trillion humans in the solar system one day — and he laid out Monday how the rocket company plans to help get there. “I won’t be alive to see the fulfillment of that long-term mission,” Bezos said at …

A red flashing light in the housing market could spell trouble for the economy

The U.S. economy is growing at a healthy pace, the labor market is its tightest in years and consumer confidence hasn’t been this high since 2000. But one warning sign of trouble could be flashing in the housing market, according to forecaster Lakshman Achuthan. “Our leading home price index has …

Bond King Gundlach predicts yields are headed much higher before this move ends

Bond King Gundlach predicts yields are headed much higher before this move ends Bond King Gundlach predicts yields are headed much higher before this move ends 2:47 PM ET Thu, 11 Oct 2018 | 05:06 Jeffrey Gundlach wouldn’t be surprised to see Treasury yields leap to new multiyear highs before …

What Square CEO Jack Dorsey told his CFO after she took a top job at another company

Investors in fintech company Square don’t seem to approve of the departure of CFO Sarah Friar, but CEO Jack Dorsey certainly does. On Thursday, Square’s stock plunged by as much as 16 percent before rebounding with a 7.2 percent gain on Friday, as markets reacted to the news that Friar …

TransEnterix: Robotic Surgery Will Deliver Advancements In Medical Care, Explosive Profits

TransEnterix is a medical device company pioneering the use of robotics to advance minimally invasive surgery. The Senhance Surgical Robotic system addresses clinical and economic challenges associated with laparoscopic and robotic operations throughout healthcare systems globally. The Senhance Robotic system incorporates haptic feedback and eye sensing camera control for the …

Tesla ‘Uniquely Positioned To Lead In Ecosystem,’ Macquarie Says In Bullish Initiation

Macquarie analysts view Tesla, Inc. (NASDAQ: TSLA) as a disruptive growth company “with differentiated products and strong brand presence in the secularly growing and equally disruptive markets of electric vehicles, energy storage and energy generation.” The Analyst Macquarie’s Maynard Um initiated coverage of Tesla with an Outperform rating and a …