Apple (AAPL) is set to report its Fiscal Q4 earnings on Thursday, October 31, after the closing bell, aiming to maintain its recent bullish momentum. However, I’m more cautious this time. While I remain a long-term Apple bull, analysts have raised their estimates for FQ4 over the past three months, adding pressure on the company to meet these heightened expectations. As a result, I’m uncertain if now is the best time to buy, despite my long-term optimism. In addition to this, the stock’s stretched valuation after its recent rally could further increase the pressure for strong performance, leaving little room…
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This week we’re joined by Leah Shahum, Founder and Executive Director of the Vision Zero Network. We chat about why it’s so hard to make change, the implicit biases around designing for automobiles and the World Day of Remembrance for Road Traffic Victims coming up on Nov. 17.Scroll down below the audio player for an edited excerpt of our conversation, or click here for an unedited, AI-generated transcript of the entire conversation.Jeff Wood: Why is the political will so hard? I feel like traffic deaths have for several years have been over 40,000 a year. Obviously, that’s not just pedestrians and cyclists, but it is an…
Tesla stock (TSLA) surged on Thursday after investors focused on the positive from mixed third quarter earnings results.Investors cheered beats on adjusted earnings per share and higher gross margins in addition to the news that Tesla’s cheaper electric vehicle is on track for production next year. CEO Elon Musk also said on an earnings call that Tesla’s volume growth could be 20%-30% next year.Tesla shares ended nearly 22% higher, adding tens of billions of dollars to the company’s market valuation in its best day since 2013.Tesla reported revenue of $25.18 billion, which was lower than the $25.4 billion expected per…
Traders work on the floor at the New York Stock Exchange on Oct. 24, 2024.Brendan McDermid | ReutersWith the U.S. presidential election less than two weeks away and voters decidedly split, some investors are understandably spooked.”This is likely to cause a little bit of choppiness in the markets,” Jordan Jackson, a global market strategist at J.P. Morgan Asset Management, said at CNBC’s Your Money event on Thursday.On Wednesday, the Dow suffered its biggest one-day loss since early December, declining more than 400 points. The S&P 500 shed nearly 1%, and the Nasdaq lost 1.6%. As of mid-afternoon Thursday, the Dow was headed for its fourth…
Since going on strike last month, Boeing factory workers have repeated one theme from their picket lines: They want their pensions back. Boeing froze its traditional pension plan as part of concessions that union members narrowly voted to make a decade ago in exchange for keeping production of the company’s airline planes in the Seattle area. Like other large employers, the aerospace giant argued back then that ballooning pension payments threatened Boeing’s long-term financial stability. But the decision nonetheless has come back to have fiscal repercussions for the company. The International Association of Machinists and Aerospace Workers announced Wednesday night…
Just like Mary is something special, sleeper cars are, too. These are the cars that are dumpy and boring but will rocket down the road when you hit the gas. Their designs are nothing special, but what’s under the hood most certainly is. Some of these sleeper cars were hidden in special trims of otherwise boring models, while others were entire generations. No matter what the reason for their greatness is, here are ten sleeper cars from the 90s we are grateful for. 10) The Stealth Sedan 1991 Mercedes-Benz 500E Mercedes-Benz 500 TE AMG At first glance, the 1991 Mercedes-Benz…
The Formula 1 Safety Car is a crucial part of every race, ensuring the safety of drivers, track workers, and spectators. It comes into action when dangerous situations arise, such as accidents or unsafe track conditions. Its job is not only to protect, but also to keep the race flowing smoothly during challenging moments. The concept of the Safety Car was introduced in 1973 in Canada, but its first deployment caused a bit of confusion during the race. For the first 20 years, high-performance cars from various manufacturers served as the Safety Car, depending on the track. However, it wasn’t…
With SUVs becoming a dominant force in the American market, it’s no surprise that automakers are transforming some of their top SUV models into track-ready beasts. According to Good Car Bad Car, SUVs now account for a staggering 46% of the U.S. market, solidifying their place as a cornerstone of the automotive industry. What’s even more interesting is that luxury and supercar brands are being bolstered financially by the sales of these high-demand SUVs. This influx of capital allows manufacturers to continue developing, producing, and perfecting some of the most iconic sports cars. Take Porsche, for instance. The brand, traditionally…
Pedestrians walk past a Coach store and a Michael Kors store.Scott Olson | Getty ImagesA federal judge blocked Tapestry’s acquisition of Capri on Thursday following a brief trial last month in New York. In her order, Judge Jennifer Rochon granted the Federal Trade Commission’s motion for a preliminary injunction to block the proposed merger, which would marry America’s two largest luxury houses and put six fashion brands under one company: Tapestry’s Coach, Kate Spade and Stuart Weitzman with Capri’s Versace, Jimmy Choo and Michael Kors. Tapestry’s stock surged 14% after the order was filed while Capri’s plunged more than 52%.Representatives for…
Twin Cities PBS (TPT) is making important upgrades to its broadcast technology, ensuring a more reliable and seamless viewing experience for all our members and viewers. Starting in late October, TPT will begin transitioning to a new broadcast system that will enhance the quality of our signal and reduce the risk of glitches or interruptions on TPT’s channels – TPT 2, TPT LIFE, TPT MN and TPT KIDS. This upgrade showcases our ongoing commitment to investing in the future and delivering the best possible service to our community.What You Need to Know: Minimal Disruption: For viewers, this transition should be…