Are you tempted to buy AMC’s new APEs? Be prepared to lose everything, the company warns

Shares of AMC preferred equity units, or ‘APEs,’ rose 5% Monday, while the company’s common stock fell 7.5%, after the company unveiled plans to sell another up to 425 million APEs. At current prices, the cinema chain could raise up to $ 1.6 billion from the sale of additional APEs, which was disclosed in a … Read more

These 20 stocks in the S&P skidded as much as 21.5% during another brutal week for the market

Another difficult week for US stocks ended with shares of oil producers sliding and Ford Motor Co. tumbling further on concerns over supply shortages. The S&P 500 SPX fell 1.7% on Friday for a one-week decline of 4.6%, as investors continued to fret about the Federal Reserve’s interest-rate increases to temper inflation. Among components of … Read more

At $ 23,500, Is This 03 Porsche 911 Carrera 4 a Lesson in Value?

The seller of today’s Nice Price or No Dice 911 claims to have bought the car to teach their kids how to drive stick. While we’re contemplating that bit of amazing parenting, let’s also consider if this Porsche is worth its asking price now that the kids have learned their lesson. When Doctor Frankenstein decided … Read more

Growling Powell causes Goldman to cut its S&P 500 price target. Again.

During the height of the bull market – which, boy, seems so long ago – the call-option crazy punters inhabiting the Wallstreetbets channel had a favorite meme to explain why stocks would keep going higher. “Money Printer Go Brrr” featured a Rambo-esque Jay Powell, chair of the Federal Reserve, determinedly firing out greenbacks to whoever … Read more

2023 Alpina XB7 Adds 107 HP, New Look to BMW X7

Photo: BMW The face-lifted X7 was recently introduced to the world by BMW, and coming in right behind it is the new, hotter Alpina XB7. There are more than just cosmetic changes here. There’s some pretty sweet differences under the hood, as well. Photo: BMW The new car get’s BMW’s next generation 4.4-liter twin-turbo V8 … Read more

Biden administration picks former Chicago, DC transportation leader to head EV charging program

Washington, DC CNN Business – Gabe Klein, who has led transportation departments in Washington, DC and Chicago, will head the Biden administration’s $ 7.5 billion program to build out the country’s electric vehicle charging network. Klein will serve as executive director of the Joint Office of Energy and Transportation, which was established by the bipartisan … Read more

At $ 7,499, Is This Very Basic 2000 Jeep Cherokee a Deal?

If you’re looking to live a life of luxury, then today’s Nice Price or No Dice Jeep is not the car for you. If instead, you like the idea of ​​cranking your own windows and shifting your own gears, then we have much to discuss. That will include this simplistic Cherokee’s price. The comments on … Read more

There’s only one ‘perfect asset’ to fight all the bad news out that could be coming, says this strategist

Ahead of that, stock futures are falling after Ford warned on high supply costs, on the heels of FedEx’s FDX profit caution last week. The dollar and cash have been among the most popular havens for investors as they navigate recession risks with higher rates and higher inflation, alongside a brutal war in Europe. But … Read more

The mighty dollar may be about to crack, says this strategist, who offers stocks to watch on either side.

Technical analysts are warning that markets are poised to retest June lows, with 3,640 on the S&P 500 SPX in the spotlight. “Investors have become much less comfortable with this tighter liquidity environment, with many realizing it will stay in place for a much longer period of time than initially expected, which ultimately leads to … Read more