Tesla’s valuation seems very reasonable, but the stock is still not a buy, Bernstein says

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City on November 10, 2022. Brendan McDermidt | Reuters Here are the most important news for investors to start their trading day: 1. Repetitive? Wall Street is looking to bounce back after Monday’s rout as investors took note of protests … Read more

Bird Darden downgrades restaurants as macro risks persist

A health worker prepares a dose of an inhalable Covid-19 coronavirus vaccine in Haikou, south China’s Hainan province, on November 25, 2022. CNS | Afp | Good pictures BEIJING – Mainland China on Tuesday announced significant progress in getting Covid-19 booster shots for “those over the age of 80”. As of Monday, 65.8% of those … Read more

China’s capital city of Beijing is one of the hardest hit in the latest Covid wave. Pictured here is a health worker outside a locked down apartment complex on Nov. 27, 2022. Kevin Frayer | Getty Images News | Getty Images BEIJING — Mainland China reported the first decline in daily Covid infections in more … Read more

People hold white sheets of paper and flowers in a row as police check their IDs during a protest over coronavirus disease (COVID-19) restrictions in mainland China, during a commemoration of the victims of a fire in Urumqi, in Hong Kong, China November 28, 2022. Tyrone Siu | Reuters The White House on Monday criticized … Read more

Asset manager names 9 ‘cheap’ stocks to buy as recession fears mount

CNBC’s Jim Cramer explained Monday that he believes the Dow Jones Industrial Average will outperform the Nasdaq Composite and the S&P 500 next year. “As we head into the end of the year, Wall Street tends to produce the biggest winners, which is why I expect the Dow to outperform the Nasdaq and the S&P, … Read more

Rio Tinto Plc: “You should see commodity inflation come back. However, I would say it’s a great hedge against long-term inflation.” NIO Inc: “That looks so bright.” Enphase energy: “It’s so good, every time $15, $20 drops, I want to go on the air and say, ‘You know what you should do? [Buy].’” Lucid Group … Read more

Bob Iger poses with Mickey Mouse as he attends Mickey’s 90th Spectacular at The Shrine Auditorium on October 6, 2018 in Los Angeles. Valerie Megan | AFP | Good pictures Following criticism over its past handling of LGBTQ issues, Disney CEO Bob Iger told employees Monday that inclusion and acceptance are “core values” of the … Read more

This year’s Thanksgiving box office was feast and famine Walt Disney. “Black Panther: Wakanda Forever” added $64 million to its domestic tally over the five-day period, while Disney’s latest animated feature “Strange World” failed to impress moviegoers, earning just $18.6 million between Wednesday and Sunday and a dismal $11.9 million. For the traditional three-day opening … Read more