April 2, 2025
“…It was Tesla’s worst production and delivery report in three years. Analysts had expected Tesla to report deliveries in the quarter of 377,592 vehicles, down from 386,810 vehicles a year ago, according to a consensus of 27 analyst estimates compiled by Tesla.… Continue Reading…
March 13, 2025
“Intel shares popped more than 13% after announcing Lip-Bu Tan as its new CEO. Wall Street cheered the chipmaker’s attempt to revitalize its business, calling the move a positive for the company. The news brings an end to a tumultuous… Continue Reading…
May 17, 2024
“Shares of Virgin Galactic (NYSE: SPCE) stock soared 13.5% through 11:45 a.m. ET Monday, and for a most surprising reason: Investment bank TD Cowen lowered its price target on the space stock to $2 per share this morning. Now why would investors look at this… Continue Reading…
March 11, 2024
“Shares of Hugo Boss plunged 13% Thursday, after warning that it may fail to meet its 2025 sales target amid weakening consumer demand. The German high-end fashion brand was on course for its worst trading day since 2016, after it said it… Continue Reading…
January 23, 2024
“Wayfair is cutting 13% of its global workforce as the digital home goods retailer continues its efforts to trim down its structure, cut out layers of management and reduce costs after going “overboard” with corporate hiring during the Covid pandemic, it… Continue Reading…
November 21, 2023
“…It was the slowest sales pace since August 2010. Analysts were expecting a smaller drop, to 3.9 million units. Sales were down 14.6% year-over-year… Tight supply kept pressure under prices. The median price of an existing home sold in October… Continue Reading…
November 8, 2023
“…Robinhood also reported fewer monthly active users, which fell 16% to 10.3 million in the third quarter from the same period last year. Although third-quarter revenue rose 29% to $467 million, it fell short of the $480 million analysts were… Continue Reading…
October 13, 2023
“BlackRock Inc. clients pulled a net $13 billion from long-term investment funds, the first outflows since the onset of the pandemic in 2020… The outflows from the firm’s long-term investment funds, including mutual funds and exchange-traded funds, missed by a… Continue Reading…
May 5, 2022
“…The Bank’s Monetary Policy Committee approved a 25-basis point increase by a majority of 6-3, taking the base interest rate up to 1%. The Bank said the members in the minority preferred to increase interest rates by 0.5 percentage points… Continue Reading…
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