Stock Market Today: Dow Gains 100 Points on Key Inflation Data; Tesla Stock RallyThe Wall Street Journal Stock market news live updates: Stocks rally, Intel craters, as inflation data coolsYahoo Finance 5 things to know before the stock market opens FridayCNBC Wall Street Hits Best Level in Nearly 8 Weeksnewsmax Nasdaq, S&P 500, Dow climb …
By David Randall NEW YORK (Reuters) – Cathie Wood’s ARK Innovation Fund is closing in on the best monthly performance in its history as it rides a rebound in many of the high-growth stocks that took a beating last year. The $7.3 billion ARK Innovation fund is up slightly more than 25% for the month …
Wood’s ARK Innovation Fund on pace for best month ever as battered stocks surge Read More »
Tesla (TSLA) stock is jumping for a second day as investors and analysts continue to break down what was revealed during Tesla’s Q4 earnings report. While Tesla beat on both the top and bottom lines, CEO Elon Musk’s comments during the conference call really piqued investors’ interest. One of the juiciest nuggets: Following price cuts …
Tesla’s ‘most important catalyst is the Cybertruck’: Fund manager Gary Black Read More »
Armed with impressive rewards and a loyal customer base, AmEx is a giant in the credit card industry. The company’s revenue has increased by over 32% since 2017 when adjusted for inflation and the company’s shares have shown resilience and growth in a tumultuous market. “Discount revenue,” or fees charged to merchants that accept its …
Here’s the real reason why American Express gives out such big rewards Read More »
Lucid Group Inc LCID shares were ripping Friday and halted on a circuit breaker to the upside in early afternoon trading following rumors circulated by traders the Saudi Public Investment Fund is planning to buy out the remainder of the electric vehicle company. Benzinga has contacted the Public Investment Fund and Lucid Group for comment …
Why EV Stocks Lucid Group, Rivian Automotive, Tesla Are Rallying Friday Read More »
Goldman Sachs paid chief executive David Solomon $25mn for 2022, down almost 30 per cent compared to a year before, after the Wall Street bank reported a steep drop in profits, cut thousands of jobs and slashed employee bonuses. In a regulatory filing on Friday, Goldman disclosed that Solomon received a base salary of $2mn, …
Goldman’s David Solomon takes near-30% pay cut to $25mn Read More »
American Express, Visa and Mastercard sign are displayed in a shop window in New York. Scott Eells | Bloomberg | Getty Images Check out the companies making headlines in midday trading. American Express — The credit card company saw an 11% jump in its shares after it issued upbeat earnings and revenue guidance for 2023 …
American Express, Intel, Silvergate Capital and more Read More »
Why have tech firms fired 200,000 people? | DW BusinessDW News Why are so many tech companies laying people off right now?The Verge Corporate Layoffs Spread Beyond High-Growth Tech GiantsThe Wall Street Journal What goes up must come downThe Seattle Times Big Tech got the pandemic wrong but one company emerged on topFinancialTimes .
Bed Bath & Beyond revealed that it has defaulted on a key loan from JPMorgan Chase and signaled it may file for bankruptcy — but the company’s stock rose anyway. Shares of the Union, NJ-based chain — which spiked 68 percent to more than $5 earlier this month in a brief revival for “meme stocks” …
Bed Bath & Beyond says it may file for bankruptcy, but stock rises Read More »
Tesla’s energy storage business is booming with a record year, but it’s just the beginning as we could see volume hit new records quickly. With the release of its Q4 2022 financial results, the automaker released its energy division’s deployment number. Tesla Solar had a good quarter with 100 MW deployed, but the company really …
Tesla’s energy storage business is booming, and it’s just the beginning Read More »
