Car Sales Show Tesla Getting In Gear
Tesla stock is hovering near a 10-month high set last week as the electric car maker sold more Model S sedans in Q2 than expected
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Smaller US manufacturers warm to Biden's big industrial plan, survey shows
America’s small and mid-sized manufacturers may be warming up to the Biden administration’s push for an aggressive industrial policy. In a survey of 150 producers, nearly 49% said they thought President Joe Biden "is more likely to bring about an American manufacturing renaissance," while just over 31% gave that accolade to Republican candidate Donald Trump. About 15% favor an unnamed third-party candidate to revitalize the sector, according to the survey conducted by polling company John Zogby Strategies on behalf of Xometry, a Maryland-based company that provides digital sourcing services for industrial producers.
Reuters•Intra-Cellular Launches 23% To Record High, Breaking Out After Depression Drug Scores Big
Intra-Cellular Therapies stock rocketed Tuesday after its drug, Caplyta, topped expectations in a depression treatment study.
Investor's Business Daily•Wintrust to buy Michigan’s Macatawa Bank in $510M deal
The transaction, set to close in the second half of this year, would push the Illinois bank holding company's branch total to near 200 and its assets to the brink of $60 billion.
Banking Dive•Trump’s campaign is going the way of his media company
Trump the candidate and Trump the media company are each slogging through low points.
Yahoo Finance•Brace for the S&P 500 to crash 30% before an even bigger collapse after the election, markets guru David Brady warns
Analyst David Brady said overvalued stocks are set to tumble, rebound before the presidential election, and then suffer a devastating crash.
Business Insider•1 Ridiculously Undervalued Growth Stock Down 87% to Buy Hand Over Fist
Investors rarely get a chance to buy growth stocks at such depressed valuations.
Motley Fool•Three Chinese Citizens Killed After Windstorm Pulled Them Out Of Closed Windows In New Housing Development. Is Public Corruption To Blame?
Four people were killed when a powerful storm swept through Nanchang in China's Jiangxi province and damaged over 5,000 homes. Three of the victims were killed when the high winds sucked them through the closed windows of their new apartments. Another 1,600 people were evacuated, and the winds, estimated to be near hurricane strength, ripped air conditioning units out of windows and knocked down over 2,000 trees. Questions About Building Quality Although the storm packed a punch, the extreme dam
Benzinga•Trump Media stock sinks after company announces plans to launch live TV streaming platform
Shares of Trump Media have fallen more than 60% since the company's public markets debut at the end of March.
Yahoo Finance•Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
The popular growth-stock investor is hoping to get back on track in 2024. She's making moves this week.
Motley Fool•Tesla layoffs hit high performers, some departments slashed, sources say
Tesla management told employees Monday that the recent layoffs -- which gutted some departments by 20% and even hit high performers -- were largely due to poor financial performance, a source familiar with the matter told TechCrunch. The layoffs were announced to staff just a week before Tesla is scheduled to report its first-quarter earnings. The move comes as Tesla has seen its profit margin narrow over the past several quarters, the result of an EV price war that has persisted for at least a year.
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