Spotify Wrapped 2023 With 130% Returns And A Restructure: 3 Analysts Rate It A Buy
Spotify (NYSE: SPOT) stock has delivered 130% returns in 2023. Analysts rate it a Buy as organizational changes align with future goals.
U.S. Automakers Got Back On Their Pre-Pandemic Track
While the EV king, Tesla Inc (NASDAQ: TSLA) delivered on its promise of making 1.8 million deliveries in 2023, traditional automakers also delivered good news. General Motors (NYSE: GM) reported its best vehicle sales since 2019.
Oil Prices Fall As Demand Concerns Driven By Massive US Gasoline Stockpile Increase
Oil prices peaked at $79.40 in early trade. Prices sank as low as $74.79. Crude inventories fell by 5.5 million barrels.
Tesla Model Y Is Bestselling Electric Vehicle Of All-Time, Passing A Record Previously Held By The Musk-Led Company
The Tesla Model Y is likely the bestselling electric vehicle of all time according to new data and could be one of the top selling vehicles in 2023.
Record Online Holiday Spending Driven By Deep Discounts And ‘Buy Now, Pay Later’ Deals
Online spending hit a record $222.1 billion thanks to major discounts and flexible payment methods, such as "buy now, pay later."
BNDI: 2024’s Hidden Gem Bond ETF That Produces 2% Additional Income While Maintaining A Similar Risk Profile
Let's Rewind
2022 and 2023 were hectic - war, bank crises, and bear markets.
Inflation was still running rampant - with the core PCE having just peaked at +6.4% in February 2022. These consistent out-of-control inflation reports caused the Federal Reserve to take action by doing the only thing they know how to do - raise interest rates.
McDonald’s On The Brink Of History – Just 1% Away From Soaring To Unprecedented Record Highs
Despite facing a 17% decline in July, McDonald's showcased its resilience by rebounding with a 19% gain.
The focus is now on McDonald's Q4 earnings report due on January 30th, with analysts predicting earnings of $2.56.
McDonald's stock has shown impressive growth, rising 12% in 2023 and achieving a substantial 204% increase over the past decade.
New Data Goes Against The Stock Market’s Immaculate Everything Consensus, Tinderbox Gets Hotter
To gain an edge, this is what you need to know today.
Shifting Gears In The EV Race – China’s BYD Surpasses Tesla In The Final Quarter of 2023
BYD outperformed Tesla in electric vehicle sales in the last quarter of 2023, selling a record-breaking 526,000 battery-only vehicles.
Despite a decline in demand due to higher borrowing costs, Tesla led annual sales with 1.8 million vehicles in 2023.
Tesla's stock witnessed a remarkable surge of 110% in 2023.
Tech Giant Stumbles – Apple Shares Tumble 4% Following Barclays’ Unexpected Downgrade
Apple Inc. experienced a 4% decrease in its stock value following a downgrade from Barclays.
Analysts have raised concerns about iPhone sales in China since October, exacerbated by reports of the Chinese government informally discouraging state employees from using iPhones.