2nd

Wall Street rallies with earnings in full swing

Wall St ends up sharply for 2nd day; Amazon.com, Apple jump after hours

U.S. economy contracts in the second quarter Meta Platforms revenue drops for first time Ford shares gain after results Indexes: Dow up 1%, S&P 500 up 1.2%, Nasdaq up 1.1% NEW YORK, July 28 (Reuters) – U.S. stocks on Thursday rallied for a second day, with all three major indexes ending up more than 1% …

Wall St ends up sharply for 2nd day; Amazon.com, Apple jump after hours Read More »

'The honeymoon is over': Sacramento ranks 2nd in nation for fastest-cooling housing market

‘The honeymoon is over’: Sacramento ranks 2nd in nation for fastest-cooling housing market

It may not feel like it outside, but the housing heat wave is cooling off in parts of California.”I think it’s ironic because a few years ago Sacramento was the hottest market ever and now we’re making the opposite side of the list,” said housing analyst Ryan Lundquist.On that list compiled by Redfin, Sacramento is …

‘The honeymoon is over’: Sacramento ranks 2nd in nation for fastest-cooling housing market Read More »

ERCOT issues 2nd conservation alert this week amid triple-digit temperatures

ERCOT issues 2nd conservation alert this week amid triple-digit temperatures

The Electric Reliability Council of Texas issued a conservation appeal for Wednesday afternoon and evening as triple-digit temperatures continue to scorch the state. It was the second time this week that the power grid operator asked Texans and businesses to voluntarily conserve electricity. Texans were asked to conserve electricity between 2 and 9 p.m., but …

ERCOT issues 2nd conservation alert this week amid triple-digit temperatures Read More »

EV IPO Insta-Collapse: Phoenix Motor Plunges into Void on 1st Day, More on 2nd Day. Parent SPI Energy Already Imploded 99%

EV IPO Insta-Collapse: Phoenix Motor Plunges into Void on 1st Day, More on 2nd Day. Parent SPI Energy Already Imploded 99%

Wall Street is still trying to bleed retail investors. But they’re no longer all that eager to get bled. By Wolf Richter for WOLF STREET. In terms of my Imploded Stocks column, which has been getting longer and longer, this addition is special: When the tiny EV outfit Phoenix Motor went public on Wednesday, the shares [PEV] instantly …

EV IPO Insta-Collapse: Phoenix Motor Plunges into Void on 1st Day, More on 2nd Day. Parent SPI Energy Already Imploded 99% Read More »