Target posts a stunning drop in profit. Stock plunges

The retail giant reported a stunning 52% drop in profit for the first quarter, badly missing Wall Street’s forecasts. The company blamed higher expenses due to continued supply chain disruptions. Consumers also are holding back on nonessential purchases because of rampant inflation. Shares of Target … Read More

Elon Musk Does Not Fear A Recession

Elon Musk makes the news.  He is everywhere.  The chief executive officer of premium electric vehicle maker Tesla  (TSLA) – Get Tesla Inc Report is somewhat reminiscent of former Republican President Donald Trump when the latter was in office.  Like Trump, Twitter is Musk’s main communication … Read More