financialnews1 – Page 20

Kevin Spacey’s former Baltimore condo listed for almost $6 million

financialnews1 on March 6, 2025

Realtor.com

Last year, Spacey tried to void the sale of the property, which was bought by real estate mogul Sam Asgari

Published: March 6, 2025 at 5:01 a.m. ET

Kevin Spacey’s former Baltimore condo has hit the market for just under $6 million after the actor attempted to block the foreclosure sale and accused the man who purchased it of “bullying and threatening” him.

The 65-year-old Hollywood heavyweight’s property sprawls across 9,000 square feet and has been at the center of major controversy since Spacey’s 2023 sexual assault trial, which left him near penniless due to the sky-high cost of legal fees. Spacey was cleared of the charges.

This analyst says Tesla deliveries will be 16% below expectations. Musk is part of the problem.

financialnews1 on March 6, 2025

Published: March 6, 2025 at 4:50 a.m. ET

Brace for disappointment when Tesla rolls out its first-quarter delivery numbers.

That’s the advice from Baird analysts, who say the Wall Street’s consensus estimate for the EV maker’s

TSLA deliveries of 437,500 is far higher than the 369,400 that they expect, by roughly 16%. Analysts Ben Kallo and Davis Sunderland also dropped their price target to $370 per share from $440, designating the stock a “bearish fresh pick.”

German bonds getting hit again as ECB set to cut rates. What will Lagarde say?

financialnews1 on March 6, 2025

Steven Goldstein is based in London and responsible for MarketWatch’s coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch’s economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.

Consumers elected Trump to fix prices — his policies could do the opposite

financialnews1 on March 5, 2025

Venessa Wong is a personal finance reporter for MarketWatch based in New York City. She previously covered business, inequality and culture during her tenure at BuzzFeed News, and reported on the food industry for Bloomberg. Venessa is a graduate of the Columbia Journalism School and Middlebury College. Follow her on Twitter @venessawong.

Trump’s upcoming crypto summit is in focus. Here are catalysts that could refuel bitcoin’s rally.

financialnews1 on March 5, 2025

Frances Yue

Frances Yue covers the cryptocurrency market for MarketWatch.

With Trump’s tariffs paused, ‘Big Three’ automakers may race to build inventories

financialnews1 on March 5, 2025

Published: March 5, 2025 at 5:28 p.m. ET

What might the “Big Three” U.S. automakers do now that they have a reprieve from tariffs imposed on Canadian and Mexican products?

The answer for Ford Motor Co.

F, General Motors Co. GM and Stellantis NV STLA is likely to be build up inventories as fast as they can, said Jessica Caldwell, an analyst with Edmunds.com.

Victoria’s Secret says year will ‘gradually get better’ despite wobbly consumer confidence

financialnews1 on March 5, 2025

Bill Peters

Bill Peters is a Los Angeles-based MarketWatch reporter who covers earnings.

Who’s the winner in Trump’s trade war on Canada and Mexico? China, according to one expert.

financialnews1 on March 5, 2025

Victor Reklaitis is a Washington Correspondent for MarketWatch. During his time at MarketWatch, he also has served in roles in the London and New York newsrooms. Prior to joining MarketWatch, he worked at Investor’s Business Daily and for newspapers in Virginia.

Marvell’s stock sinks on earnings, showing Wall Street’s harsh view of AI plays

financialnews1 on March 5, 2025

Emily Bary

Emily Bary is MarketWatch’s assistant managing editor, tech. She is based in New York.

Trump hates the Biden-era Chips Act. What’s next for semiconductor makers?

financialnews1 on March 5, 2025

Published: March 5, 2025 at 3:59 p.m. ET

President Trump made no bones about his distaste for the U.S. Chips Act during his congressional address Tuesday night — raising questions in the semiconductor industry about the future of the program and the role some U.S. companies will play going forward.

Trump also

touted a recent agreement with Taiwan Semiconductor Manufacturing Co. Ltd. TSM TW:2330 in which the world’s largest chip-manufacturing company promised to invest $100 billion into building more factories in the U.S., in addition to $65 billion already planned. The latest agreement was not through any funding from the Chips Act, which funded $6.6 billion toward TSMC’s Arizona plants last November.

Kevin Spacey’s former Baltimore condo listed for almost $6 million

Realtor.com

Last year, Spacey tried to void the sale of the property, which was bought by real estate mogul Sam Asgari

This analyst says Tesla deliveries will be 16% below expectations. Musk is part of the problem.

German bonds getting hit again as ECB set to cut rates. What will Lagarde say?

Consumers elected Trump to fix prices — his policies could do the opposite

Trump’s upcoming crypto summit is in focus. Here are catalysts that could refuel bitcoin’s rally.

With Trump’s tariffs paused, ‘Big Three’ automakers may race to build inventories

Victoria’s Secret says year will ‘gradually get better’ despite wobbly consumer confidence

Who’s the winner in Trump’s trade war on Canada and Mexico? China, according to one expert.

Marvell’s stock sinks on earnings, showing Wall Street’s harsh view of AI plays

Trump hates the Biden-era Chips Act. What’s next for semiconductor makers?

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