Selling

A Big Beauty Company Wants to Sell Value This Season. Investors Are Selling the Stock.

Investment Tips /
A Big Beauty Company Wants to Sell Value This Season. Investors Are Selling the Stock.

Key Takeaways E.l.f Beauty, which prices 75% of its products under $10, says consumers tend to maintain their self-care routines during times of uncertainty. For now, however, investors are dumping the shares after the company’s full-year revenue outlook came in lower than expected. A big beauty brand thinks uncertain consumers won’t abandon their self-care routines […]

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Heavy Selling in Stocks Providing Small Boost For Bonds

Mortgage & Loans /
Heavy Selling in Stocks Providing Small Boost For Bonds

It doesn’t always work like this, but today’s overnight session saw the classic “conventional wisdom” trade with stocks prices and bond yields falling in concert. Believe it or not, this is the exception these days. In fact, since late May, stocks and bonds have generally been rallying together. Contrast that to the conventional wisdom trade

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Hacking Firm Boss Pleads Guilty to Stealing, Selling Secrets

Health Insurance /
Hacking Firm Boss Pleads Guilty to Stealing, Selling Secrets

A former director at a US military contractor that sells computer vulnerabilities pleaded guilty on Wednesday to stealing and reselling $35 million in trade secrets to a Russian cyber-tools broker whose clients include the Russian government. Peter Williams, 39, worked at Trenchant, an L3 Harris Technologies Inc. subsidiary that develops hacking tools and describes itself

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Georgia Man Charged Again in Selling Fake Workers’ Comp Insurance Certificates

Life Insurance /
Hundreds May Have Been Exposed to Rabies in Grand Teton National Park Cabins

A Georgia man has been arrested for at least the second time in four years, charged with posing as an insurance agent and selling fake workers’ compensation policies. Fernando Jose Cuellar Membreno, 54, was arrested in August after an investigation by the Georgia Board of Workers’ Compensation found that Membreno had been operating under several

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Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead

Personal Finance /
Tesla Makes Money Selling Electric Vehicles, but 86% of Its Earnings Could Soon Come From This Instead

Cathie Wood’s Ark Investment Management is forecasting a major shift in Tesla’s business. Tesla (TSLA 7.21%) is one of the world’s largest manufacturers of electric vehicles (EVs), but rising competition is slowly chipping away at its market share. EV sales are still the main driver of Tesla’s financial results, but CEO Elon Musk is trying

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Warren Buffett Is Selling Apple Stock Again. Should You Follow His Lead?

Investment Tips /
Warren Buffett Is Selling Apple Stock Again. Should You Follow His Lead?

Buffett hadn’t sold Apple stock in nearly a year. One of Berkshire Hathaway (BRK.A -0.13%) (BRK.B -0.06%) CEO Warren Buffett’s best investments of all time was Apple (AAPL 1.21%). At one point, Apple stock made up about 50% of Berkshire’s investment portfolio. However, Buffett started selling off Apple stock in fourth-quarter 2023, and he has

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