Rate-Cut Mania’s 20.7% Spike in French Stock Market Comes Home to Roost by Wolf Richter • Jun 14, 2024 • 54 Comments When stuff gets inflated like this, no one should be surprised when it gets deflated.
Eyepopping Factory Construction Boom in the US: Semiconductors, Auto Industry, and Everyone Else by Wolf Richter • Jun 3, 2024 • 103 Comments A massive corporate rethink is underway. Inflation in construction costs explains only a small portion of the spending boom.
Software Stocks Got Massacred, after Salesforce & UiPath Bloodbath. Bad Breath of AI? by Wolf Richter • May 30, 2024 • 66 Comments UiPath -85% from peak just three years after IPO amid CEO chaos. When consensual hallucination fades…
New-Vehicle Supply Turns to Glut for Many Brands. Automakers Roll out Incentives, but Not Nearly Enough by Wolf Richter • May 21, 2024 • 141 Comments Inventory gluts are resolved by lower prices that boost sales. But that part hasn’t started yet; the glut is still building.
As Rest of Retail Stagnates, Ecommerce is Hot. And what Walmart Said about this Phenomenon by Wolf Richter • May 17, 2024 • 105 Comments Walmart US online sales +22%. It credits “convenience” of ecommerce for its success in attracting higher income customers.
There’s a Boom in Distressed Debt Exchanges to Deal with Leveraged-Loan Defaults by Wolf Richter • May 13, 2024 • 33 Comments An alternative to a restructuring in bankruptcy court.
Junk-Bond Issuance Nearly Doubles YTD, amid Feverish Demand in La-la-Land and Ultra-Loose Financial Conditions by Wolf Richter • May 10, 2024 • 104 Comments Companies, seeing Higher-for-Longer, take advantage of it to lock in historically narrow spreads and still low yields.
Vacation-Rental SPAC Vacasa Restructures. Shares -97% in 2.5 Years as Public Company by Wolf Richter • May 10, 2024 • 59 Comments Consensual Hallucination wiped out investors, but Wall Street got the fees.
Ad-Tech Outfit DoubleVerify Plunges 40% Today, -62% from Peak, 3 Years after IPO. Nabs WOLF STREET Downgrade to “Should Have Never Bought” by Wolf Richter • May 8, 2024 • 78 Comments We have a special place in our heart for DoubleVerify because it blacklists WOLF STREET in the “brand safety” services it touts to advertisers.
Used Car Prices Continue Historic Plunge, Wholesale Prices Gave up 59% of Crazy Pandemic Spike by Wolf Richter • May 7, 2024 • 99 Comments Even during tax refund season! Exactly what Americans need. But it’s not helpful for big fleets, such as Hertz.
