Carvana, Dealers Show Risks of Deflation. Ford, GM Investors Should Watch Out.

Carvana, Dealers Show Risks of Deflation.  Ford, GM Investors Should Watch Out.

Text size A Carvana car-vending machine in Huntington Beach, Calif., in 2019. Mark Ralston/AFP/Getty Images Why buy now if prices are going to be lower tomorrow? That isn’t a question US consumers have been asking themselves lately. Inflation has had the opposite effect in recent months. But because prices are coming down and that is … Read more

Myles Garrett: Cleveland Browns defensive end released from hospital after car crash

Myles Garrett: Cleveland Browns defensive end released from hospital after car crash

CNN — Cleveland Browns defensive end Myles Garrett has been released from hospital after he was involved in a car crash in Sharon Township, about 40 miles south of Cleveland, his agent Nicole Lynn confirmed to CNN on Tuesday. Garrett and a passenger were transported to the hospital with what Ohio State Highway Patrol Sergeant … Read more

AMC’s ‘APEs’ start trading today — what will the potential windfall mean for the meme stock and cinema chain?

AMC's 'APEs' start trading today — what will the potential windfall mean for the meme stock and cinema chain?

AMC Entertainment’s AMC Preferred Equity Units, or APEs, could open the door to substantial additional capital for the same stock darling when they start trading on the New York Stock Exchange Monday. Earlier this month, in a surprise move, AMC Entertainment Holdings Inc. AMC, -5.51% announced its preferred equity unit, or “APE” special dividend. The … Read more

FAANGs ain’t what they used to be, so beware the bear-market bounce says this hedge fund manager

FAANGs ain't what they used to be, so beware the bear-market bounce says this hedge fund manager

It’s been some rally. The S&P 500 SPX is starting the week at a seven-week high, bolstered by hopes for a less hawkish Fed and a sense that earnings pessimism was overdone. The benchmark stock index is up 12.6% from the recent low hit md-June, having delivered its best July performance since 1939, according to … Read more