QuantumScape stock has more than doubled in three months. Its latest partnership is adding fuel to the fire. Shares of QuantumScape (QS 18.95%) exploded on Wednesday and were trading over 16% through 1:30 p.m. ET. The developer of solid-state lithium-metal batteries for electric vehicles just signed a partnership, and investors see this as a big…
We recently published 10 AI Analyst Calls You Should Pay Attention To. Meta Platforms Inc (NASDAQ:META) is one of the stocks analysts were recently talking about. In January, Jim Cramer said during a program on CNBC that he wanted to own Meta Platforms Inc (NASDAQ:META) shares because of the company’s AI capabilities. Cramer said at…
Stocks closed at record highs Wednesday despite a U.S. government shutdown expected to idle hundreds of thousands of workers and hobble federal agencies charged with dispensing a range of critical services. So why do investors seem unfazed? Although shutdowns have serious, real-world consequences for millions of Americans, data shows they tend to have a modest impact…
The Warren Buffett indicator — which measures the stock market’s total value against the US economy’s GDP — topped 200% this week. It’s the first time that the valuation gauge has reached these levels since 2021, the only other instance when it’s risen that high. At the height of the dot-com bubble in 2000, the…
The federal government shut down on Wednesday after lawmakers failed to agree on a short-term funding measure ahead of the Oct. 1 deadline. As a result, all “nonessential” government functions will come to a halt, with hundreds of thousands of federal workers finding themselves furloughed or working without pay. Certain essential government services —…
A new ADP jobs report estimated that the U.S. economy lost more than 30,000 private sector jobs in September. Newsweek reached out to the White House for comment via email. Why It Matters The Bureau of Labor Statistics (BLS) jobs report was set to be released on Friday, but could be delayed as legislators remain…
US stocks rose on Wednesday after the US government entered its first shutdown in seven years, putting hundreds of thousands of jobs and billions of dollars in output at risk. Meanwhile, key ADP jobs data showed private payrolls declined in September, widely missing estimates but helping to virtually cement bets on near-term rate cuts. The…
It doesn’t matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value,…
U.S. companies shed 32,000 jobs in September, according to the payroll processing company ADP, a surprising decline that adds to growing concerns about the rapidly weakening labor market. ADP, which released its monthly private sector employment report Wednesday, was expected by Wall Street to report job growth of 45,000 in the month. The weak labor…
Hello and welcome to the newsletter, a grab bag of daily content from the Odd Lots universe. Sometimes it’s us, Joe Weisenthal and Tracy Alloway, bringing you our thoughts on the most recent developments in markets, finance and the economy. And sometimes it’s contributions from our network of expert guests and sources. Whatever it is,…