By Philip van Doorn
Also: competition in the EV space, meme stocks, inflation, retirement planning and crypto coverage
Corporate-earnings season has just begun, and the fourth-quarter results that will pour in over the next two weeks could be critically important for investors, as Tomi Kilgore explains.
Mark Hulbert looks at an important trend that hopefully won’t reverse this earnings season.
More coverage as earnings season begins:
EV market in flux
Tesla (TSLA) is making moves to maintain its leading market share for electric vehicles. The company’s fourth-quarter discounting was announced as a temporary move to improve sales when prospective buyers were likely to wait until 2023 for new federal tax credits to kick in. But now Tesla has started a new round of price cuts of up to 20% on Model 3 and Model Y cars.
Claudia Assis takes a closer look at what the price cuts might mean for Tesla’s financial performance.
More coverage of developments in the EV market:
Meme stocks heat up again
For those of you who thought the meme-stock craze might have ended when the long bull market fizzled early last year, the wild action continues. Consider Bed Bath and Beyond (BBBY): The company may file for bankruptcy, but its share price has risen 88% this year.
According to the latest information available from FactSet, half of the Bed Bath & Beyond shares available for trading have been sold short. Such a high percentage of traders betting…
