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The auto maker said it would add to scheduled downtime at seven plants in the U.S., Canada and Mexico.
The Canadian cannabis retailer made a big leadership move and saw its stock rise the most in one day since mid-July.
Ross Gerber, Gerber Kawasaki Wealth & Investment Management CEO joins the Yahoo Finance Live panel to discuss what to expect from Tesla's Q3 earnings.
WASHINGTON (Reuters) -Senior Democrats in Congress have agreed to raise their proposed tax reporting threshold for bank account inflows and outflows to $10,000 a year, with exemptions for wage income, from an earlier proposal of $600 that drew criticism for being too intrusive. U.S. Senate Finance Committee Chairman Ron Wyden on Tuesday said the new $10,000 Internal Revenue Service reporting threshold, to be included in Democrats' sweeping "reconciliation" social spending and tax hike legislation, was chosen after consultations with the U.S. Treasury because it is a level frequently used in other bank reporting requirements.
These companies produce the only thing that matters.
Atea Pharmaceuticals said Tuesday its Merck-rivaling antiviral Covid pill missed in a midstage test, leading AVIR stock to crash.
Investors in renewable energy companies such as Plug Power (NASDAQ: PLUG), Enphase Energy (NASDAQ: ENPH), and SunPower (NASDAQ: SPWR) are cheering today, as shares of the stocks have risen 2.6%, 4.2%, and 7.6%, respectively, as of 2:20 p.m. EDT Tuesday. This is rather strange, however, because the news today sounds mostly bad for investors in renewable energy stocks.
Chinese electric vehicle maker Nio Inc (NYSE: NIO) may introduce its electric sedan ET7’s electric drive system to all models, cnEVpost reported on Tuesday, citing a Chinese news publication. What Happened: The Shanghai-headquartered Nio may bring the second-generation electric motor to other models such as the ES8, ES6 and EC6, as per reports coming from China. The electric drive system has a combined system power of 480kW — 180kW at the front and 300kW at the rear — and a peak torque of 850 Nm
After slipping through September, markets have been trending up again in October. One possible reason: better-than-expected results from the Q3 earnings reports so far. With results in from 41 companies listed on the S&P 500, aggregate earnings are up more than 40% year-over-year. These solid results come even as revenues are down 13% yoy. Of the companies that have reported so far, 85% beat the anticipated EPS, while 70% beat on revenues. With these results, it should come as no surprise to see
Santosh Rao, head of research at Manhattan Venture Partners, talks why the streaming giant found success with the South Korean thriller series.
Mark Zuckerberg is planning to rename Facebook as his 17-year-old company grapples with a whistleblowing crisis and attempts to focus on its future products.
The maker of cloud-based collaboration tools for business teams enjoyed tailwinds from two separate events today. First, Asana's chief product officer, Alex Hood, was featured on the popular Inspired Execution podcast. Hood used this platform to highlight the disruptive potential of Asana's voice recognition and natural language processing systems.
In this article, we discuss top 10 stocks in Goldman Sachs portfolio . If you want to skip our detailed analysis of the firm’s history, investment philosophy, and hedge fund performance, go directly to Goldman Sachs Stock Portfolio: Top 5 Stocks. The Goldman Sachs Group, Inc. is one of the world’s leading investment banking and […]
Tesla will easily beat earnings expectations Wednesday. Tesla, however, doesn’t provide guidance, so investors have to rely on Wall Street estimates to judge whether the company “beat” or “missed.” Tesla delivered a record 241,300 vehicles in the third quarter, up from 201,250 in the second quarter.
OUTSIDE THE BOX It’s embarrassing to admit in a public forum that I failed at retirement. But I’m doing so — because I think people can learn from me, and thereby avoid making the same mistakes. I spent my entire 38-year career in the banking industry.
And what does it means for the future of the housing market?
When Virgin Galactic (NYSE: SPCE) went public via SPAC merger in 2019, the company projected that 66 passengers would fly aboard the company's spacecraft in 2020 and another 646 in 2021. Investors recently got word that yet another delay is hitting Virgin Galactic, and at best we will see a small number of revenue-generating flights in 2022, assuming no more delays.
Shares of Peabody Energy (NYSE: BTU) crashed 16% by noon EDT on Tuesday, tanking on a day the coal stock received an analyst upgrade and one day after skyrocketing. This morning, B. Riley raised its price target on Peabody Energy by $1 to $23 a share, stating it saw the company's preliminary results as a "positive step forward." Peabody Energy reported its preliminary numbers for the third quarter yesterday, announcing its coal sales had topped $900 million to levels not seen in nearly seven quarters.
(Bloomberg) -- Days after China snuffed out the biggest initial public offering in history, Ant Group Co. gathered its investment bankers at a Hong Kong convention center overlooking Victoria Harbour. Most Read from BloombergGoogle’s Biggest Moonshot Is Its Search for a Carbon-Free FutureA $30 Billion Fortune Is Hiding in China’s Silicon ValleyThe Biggest Public Graveyard in the U.S. Is Becoming a ParkGoogle’s CEO: ‘We’re Losing Time’ in the Climate FightBeef Industry Tries to Erase Its Emission
Shares of the crypto bank Silvergate Capital (NYSE: SI) had fallen roughly 10% as of 11:25 a.m. EDT after the company reported earnings results for the third quarter of the year. The bank has built a payments platform called the Silvergate Exchange Network (SEN), which allows two parties on the network to clear transactions instantaneously. This is particularly attractive for institutional traders and cryptocurrency exchanges because cryptocurrencies trade nonstop.
After uproar over a proposal to have banks tell the Internal Revenue Service about their customers’ annual cash-flow information, the Biden administration and congressional Democrats unveiled a new, pared-down proposal on Tuesday. Now the question is whether this version of the proposed reporting requirement, which would kick in at the $10,000 mark instead of covering transactions above a $600 threshold, will, if it passes, win over critics and help the IRS catch tax cheats. In the Biden administration’s bid to ensure rich households pay their full tax bill, they proposed months ago that bank, loan and investment accounts report to the IRS on their customers’ aggregate “inflow” and “outflow” above the $600 point on a yearly basis.