Lucid Cuts Production Guidance. The Stock Is Down.
Lucid reported third-quarter sales that missed Wall Street estimates. Production guidance for 2023 was lowered too, sending the stock...
Markets
Up 44% This Year And With Foundry Plans Taking Shape, Will Intel Stock See Further Gains?
Intel INTC stock has fared well, rising by about 6% over the last five trading days and by about 44%...
Nextdoor Stock Falls. Social Media Company Cuts Staff by 25%.
Nextdoor is cutting its staff by 25% as the locally focused social network adjusts to a more difficult advertising environment....
A Former Undercover Agent With $1.5 Billion Says ‘Investments Come Last’
Team Name: The Spickler Wealth Management Group Firm: Merrill Lynch Wealth Management Senior Members: Melissa Spickler, Stacey Cassis, Matthew Spickler...
WeWork’s Bankruptcy Won’t Kill Office REITs. Other Factors Matter More.
WeWork’s bankruptcy is the latest blow to the battered office sector. But the outlook for the economy and interest rates...
A $6 Billion UBS Team In LA Serves As A ‘Holistic Center Of Advice’
Team Name: Wise River Advisors Firm: UBS Private Wealth Management Senior Members: Craig Chiate, Mark Binder, Glenn Oratz, James Chiate,...
Biogen Reports Earnings Wednesday. Here’s What to Expect.
When Biogen reports earnings Wednesday, investors won’t be paying much attention to the numbers. Biogen (ticker: BIIB), under new CEO...
High-Touch $3 Billion Wells Fargo Team Focuses On Dividends And Cash Flow
Team Name: TSG Wealth Management Firm: Wells Fargo WFC Advisors Senior Members: Mark Schulten, Allen Schreiber, John Szymura, Lori Zorn,...
The 60/40 stock-bond portfolio appears to be broken. Here’s how it could change.
The classic 60/40 portfolio, which consists of 60% bonds and 40% stocks, hasn’t performed well in the past few months,...
$8 Billion Morgan Stanley Team From Chicago Focuses On Impact Investing
Team Name: Stephans Van Liew and Oiler Group Firm: Graystone Consulting from Morgan Stanley MS Senior Members: Kristina Van Liew,...
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