Tues., April 21: Watch Verizon Stock
Verizon, DuPont and Baker Hughes are among today's stocks to watch. Photo: Getty
Advertisement
Recommended Stories
U.S. Regulators Tie Tesla’s Autopilot to More than a Dozen Fatalities, Hundreds of Crashes
NHTSA launches new probe into adequacy of 2-million vehicle recall in December, after discovering more crashes linked to the controversial technology.
The Wall Street Journal•Intel Tumbles Most in Almost Four Years After Tepid Forecast
(Bloomberg) -- Intel Corp., the biggest maker of personal computer processors, tumbled the most in almost four years on Friday after giving a lackluster forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry. Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Pho
Bloomberg•Tesla’s AutoPilot Recall Gets a Government Probe. No, It’s Not a Stock Issue.
The National Highway Traffic Safety Administration has opened an investigation to assess if Tesla solution to address a December recall of more than 2 million vehicles to fix its AutoPilot system warnings was good enough. It makes for a good headline—a safety investigator looking at 2 million-plus Tesla vehicles over a fix to a self-driving recall—but investors just don’t need to worry about it. The December recall, which impacted more than 2 million Tesla vehicles—essentially every single one on U.S. roads—was the culmination of an investigation that began in June 2022.
Barrons.com•Surging auto insurance rates squeeze drivers, fuel inflation
Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been marching steadily higher since 2022, even as inflation at the consumer level steadily cooled from its 9.1% peak in the middle of that year.
Associated Press Finance•Tesla’s Most Crucial Metric Drops to the Lowest in Three Years
(Bloomberg) -- The metric Tesla Inc. told investors early last year was most important to its executives is in steady decline.Most Read from BloombergJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingFed’s Preferred Core Inflation Gauge Rose at Brisk Pace in MarchHuawei’s New Phone Runs Latest Version of Made-in-China ChipBillionaire Stephen Ross Believes in South Florida—and Is Spending Big to Transform ItThe carmaker rep
Bloomberg•Tesla Stock Tests Key Resistance Level As Former Top Executive Divests 1.14 Million Shares
Tesla is looking to make a move above a key resistance level after gaining more than 15% this week following first-quarter earnings. Drew Baglino, who served as senior vice president of powertrain and energy at Tesla, sold 1.14 million TSLA shares for around $181.5 million, according to SEC filings Thursday. Baglino announced on April 15 via a post on X, formerly Twitter, that he had decided to leave Tesla.
Investor's Business Daily•Hertz loses another $200 million from its EVs
Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
Yahoo Finance•Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep losing value and can’t sell them fast enough
Three years ago, investing in a fleet of 100,000 is what helped the car rental company emerge from bankruptcy.
Fortune•Housing supply surges by up to 50% in these metro areas — and many sellers are being forced to slash their asking prices
The property report includes 85 major metropolitan areas in the U.S. with populations of at least 750,000.
MarketWatch•Walmart CEO started his career unloading trailers at the warehouse—he says he got promotion after promotion by raising his hand when his boss was out of town
Walmart's CEO went from earning $6.50 an hour to $25 million a year—here are his three tips for climbing the corporate ladder like him
Fortune•