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The Etsy website Gabby Jones | Bloomberg | Getty Images Check out the companies making headlines after hours. PacWest, Western Alliance, Comerica – Shares of PacWest plunged more than 50% in extended trading following a Bloomberg News report that the regional bank was exploring strategic options, including a potential sale. The news weighed on other
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Given the S&P 500’s 7.3% year-to-date advance and the threat of a recession in the second half of the year or early 2024, overvalued S&P 500 stocks are more prevalent than investors realize.   At the end of February, JPMorgan Chase strategists suggested that because of real interest rates, stocks were 2.5 times too expensive. “Risk-reward for
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As the overall stock market remains choppy, plenty of investors may be considering which dividend stocks to buy for steady, reliable returns. In the near term, stocks offering average- to above-average yields can produce steady gains in a sideways market. In the long term, stocks that pay dividends can produce strong total returns through a combination of
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Some analysts aren’t optimistic about electric vehicle (EV) manufacturer Rivian Automotive (NASDAQ:RIVN). Why is that? There are various reasons, but the concerns often revolve around Rivian Automotive’s vehicle production and deliveries, compared to the amount of money the company is actually making on those vehicles. If Rivian continues to burn cash and maintain unacceptably low
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