TSLA, NVDA, HOOD, LBRT and more

Check out the companies making headlines before the bell. Tesla — The electric vehicle maker jumped 6% after Bloomberg News reported that President-elect Donald Trump’s transition team is planning to make a national regulatory framework for self-driving vehicles a top priority for the U.S. Transportation Department. Spirit Airlines — Shares of the struggling airline were halted on Monday after the company filed for bankruptcy protection . The stock is down

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5 Things to Know Before the Stock Market Opens

News of the day for Nov. 18, 2024 Brandon Bell / Getty Images U.S. stock futures are mixed as investors digest potential regulatory changes and prepare for Nvidia’s (NVDA) earnings report later this week; Spirit Airlines (SAVE) shares are moving higher in premarket trading after the discount carrier filed for bankruptcy; Super Micro Computer (SMCI) shares are jumping as the company reportedly has a plan to avoid being delisted; shares

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Toronto, Vancouver at risk of sharp rise in mortgage arrears

Breadcrumb Trail Links News Toronto could hit highs not seen since 2012, warns CMHC Published Nov 18, 2024  •  Last updated 5 minutes ago  •  5 minute read You can save this article by registering for free here. Or sign-in if you have an account. In September, Toronto had the lowest sales-to-new listings ratio among the country’s major centres, according to online realtor Zoocasa. Photo by Cole Burston/Bloomberg Article content Canadians

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I Have $1.6 Million. Does It Make Sense to Convert $160k Per Year to a Roth IRA at Age 62 to Avoid RMDs in Retirement?

Converting your 401(k) to a Roth portfolio will allow you to entirely avoid RMDs. This is a legitimate form of tax planning. However, often there’s a difference between whether you can do something and whether you should; whether it’s allowed, and whether it’s in your long-term best interest. For example, say that you’re 62 years old. You have $1.6 million in a 401(k). If you convert this portfolio to a

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Bruised Wall Street keeps wary eye on Nvidia

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street feels a little bruised after its worst week in 10 spoiled the post-election party, with home truths on interest rates and earnings seeping back in along with all the uncertainty on what a new administration will actually do come January. Stocks were side-swiped on Friday after a week of irksome inflation readings, hot retail

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Nvidia’s Blackwell revenue in focus as sales growth slows

By Arsheeya Bajwa (Reuters) – Nvidia has bested lofty Wall Street revenue expectations for the past eight quarters. But as analysts expect a slower pace of growth, how the company overcomes delays and supply chain issues to sell its latest AI chips is likely to be a barometer for its stock price. The chipmaker, which is at the heart of the generative artificial intelligence boom, is expected to report that

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Spirit Airlines files for bankruptcy

JetBlue, Spirit end merger deal JetBlue and Spirit end merger deal 03:07 Spirit Airlines said Monday that it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel and failed attempts to sell itself to JetBlue and Frontier Airlines. Spirit, the biggest U.S. budget airline, has lost more than $2.5 billion since the start of 2020 and faces looming

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Billionaire Warren Buffett Sold 67% of Berkshire’s Stake in Apple and Is Piling Into a Beloved Consumer Brand Whose Stock Has Soared by 7,000% Since Its IPO

There isn’t a money manager who commands more attention from the investment community than billionaire Warren Buffett. In his nearly six decades as CEO of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), the aptly dubbed “Oracle of Omaha” has overseen a cumulative return in his company’s Class A shares (BRK.A) of greater than 5,660,000%, as of the closing bell on Nov. 14. Buffett’s ability to consistently outperform Wall Street’s major indexes over

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Will Nvidia Soar After Nov. 20? The Evidence is Piling up and it Says This.

The S&P 500 is rallying toward a 25% increase this year, and many growth stocks have greatly contributed to the gain. The one that stands out, though, is Nvidia (NASDAQ: NVDA). It’s become a stock market star thanks to its leadership in the artificial intelligence (AI) chip market, holding about 80% share. AI customers have been flocking to Nvidia for its AI chips and related products and services, and this

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7 Important Numbers for Bitcoin Owners

The recent post-election rally in the price of Bitcoin (CRYPTO: BTC) has been nothing short of jaw-dropping. In a week, Bitcoin soared by nearly 30% to a new all-time high of $93,434. And we might just be getting started, with some analysts now predicting that Bitcoin could be on the path to $200,000 by the end of 2025. Naturally, all this buzz around Bitcoin is bringing in plenty of new

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