Limit to buy Spirit Airlines in cash-and-share agreement

Ultra-low cost airlines, designed to reduce costs and fares by offering a more basic flight experience, have shifted the airline industry in recent years. The deal, announced Monday, would bring together two of the largest such airlines, which the airlines said would allow them to compete more aggressively against bigger rivals. “This transaction is centered … Read more

What we do not know about the stock market

Extraordinary movements in Big Tech stocks in response to small changes in their earnings show what a crazy market we are in. Uncertainty about the future of the economy in general and the technology sector in particular is extremely high. In short, no one knows anything. SHARE YOUR THOUGHTS How do you feel about an … Read more

The British central bank governor set in motion a goat hamster nest by proposing that workers should not ask for higher wages when inflation is high. Is the Fed’s position different?

On Friday morning, the Governor of the Bank of England Andrew Bailey surprised his country with a controversial ridicule that people should wait to ask for wage increases in the name of fighting inflation. “We need to see a moderation in wage increases,” Bailey said. “Now it’s painful, I do not want to in any … Read more

How Tesla could be bigger than Ford and GM – combined – in just 5 years

Text size A Tesla Model Y electric car. oe Raedle / Getty Images Tesla could be larger than both General Motors and Ford Motor combined with sales in just five years – if all goes well, as Morgan Stanley analyst Adam Jonas thinks. It’s a provocative idea for investors to consider – and a bit … Read more

How Tesla could be bigger than Ford and GM – combined – in just 5 years

Text size A Tesla Model Y electric car. oe Raedle / Getty Images Tesla could be larger than both General Motors and Ford Motor combined with sales in just five years – if all goes well, as Morgan Stanley analyst Adam Jonas thinks. It’s a provocative idea for investors to consider – and a bit … Read more

Amazon breaks record for one-day gain in market value

Investors in large technology stocks have a serious case of whiplash. Amazon.com Inc. AMZN 13.54% On Friday, a US company noted the largest one-day increase in market value ever – just a day after Facebook parent Meta Platforms Inc. suffered the biggest loss ever. The dramatic move suggests that investors are moving fast to differentiate … Read more

It’s a tough day for Ford investors. CEO Jim Farley expects better times.

CEO Jim Farley posed with the all-electric F-150 Lightning when it was unveiled to the public in 2021. Bill Pugliano / Getty Images Text size Ford investors ask if the current environment is as good as it gets for the company. CEO Jim Farley says it’s wrong. Ford Motor (ticker: F) stock fell 9.3% to … Read more

Berkshire Hathaway Inc. The Cl B share falls on Friday, underperforming the market

Shares in Berkshire Hathaway Inc. Cl B BRK.B, -0.08% fell 0.08% to $ 314.99 on Friday, on what turned out to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX, +0.52% increases 0.52% to 4,500.53 and Dow Jones Industrial Average DJIA, -0.06% decreasing 0.06% to 35,089.74. This was … Read more

Ford stock falls to 3-month low as light volumes, profits scare Wall Street

Ford Motor Co. shares fell more than 10% on Friday to reach their lowest level in more than three months after Wall Street accused the carmaker of its bottom-line misses and light volumes amid ongoing supply problems. Ford stock F, -10.28% was heading for the lowest close since October 29, closing at $ 17.08, with … Read more

Snap stock rises with a surprising profit. It’s not Facebook.

Text size Snap said daily active users grew 20% year-over-year in the fourth quarter to 319 million. Dreamstime Snap the stock soared in pre-market trading on Friday after the Snapchat parent company reported a surprising fourth-quarter profit. The results indicated that fears for Snap’s business in the wake of Meta platforms ‘gloomy report was exaggerated. … Read more