This butterfly options trade on ABNB stock profits if it pulls back to 100 over the next 10 days. It's tough to be bullish on ABNB stock given its poor relative strength in the last 12 months. If ABNB stock finds that resistance at the 200-day line sticks, it may come back down toward the 50-day moving average in the next week.
The exit illustrates how the kingdom remains a difficult place for international companies to operate in, despite changes that have liberalized social norms.
SAO PAULO (Reuters) -Stellantis NV expects to have in place by the end of this year the technologies needed for it to develop ethanol hybrid vehicles in Brazil, the head of the carmaker in South America said on Tuesday. The initiative comes amid a broader push for sustainability in the region, with Brazilian President Luiz Inacio Lula da Silva saying also on Tuesday that under him the country's economy would be based on "finding clean energy alternatives". Antonio Filosa said the Brazilian state of Minas Gerais would be the "epicenter" of ethanol hybrid cars for Stellantis, which has three plants in Brazil, two in Argentina and an industrial partnership in Uruguay.
In this article, we discuss 10 best February dividend stocks to buy. You can skip our detailed analysis of dividend investment and returns of dividend stocks over the years, and go directly to read 5 Best February Dividend Stocks To Buy. As stock valuations slumped to their lowest levels in 2022, dividend stocks’ performance remained […]
Two major car insurers are planning to drop coverage for some Kia and Hyundai models due to a spike in vehicle thefts related to a TikTok challenge, according to reports.
Mexico’s economy slowed in the last quarter of 2022 but still managed to advance by 0.4%, bringing economic expansion for the full year to 3.6%, the National Statistics Institute announced Tuesday. The country’s gross domestic product had expanded by 0.9% in the third quarter, but the effects of high domestic interest rates and inflation slowed growth in the fourth quarter. Mexico’s central bank raised interest rates to 10.50% in December.
Insurance companies are refusing policies on certain Hyundai and Kia models, and raising rates on those already insured, because of skyrocketing thefts.
McDonald's (MCD) posted its fourth quarter earnings results Tuesday before market open that beat analyst expectations.
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Cable television's cord-cutting headwinds have been blowing for some time now. The former lost high-speed internet customers during the final quarter of 2022, and while the latter added broadband subscribers, that growth is entirely attributable to bundling broadband with the company's budding mobile phone service. Without that help, Charter's broadband business would have likely continued running into the same wall it hit in the middle of last year.
Shares of Roku (NASDAQ: ROKU) are running 4.5% higher Tuesday morning at 10:29 a.m. ET after the streaming video platform came to an agreement with Warner Bros. Discovery (NASDAQ: WBD) to bring the studio's branded free, ad-supported TV (FAST) channels to the Roku Channel. Additionally, Roku and Warner Bros. have agreed to license some 2,000 hours of the studio's on-demand library programming, including hundreds of TV series and movies from HBO, HBO Max, Discovery Channel, HGTV, and Food Network.
Shares of Phillips 66 (NYSE: PSX) fell more than 5% by 12:30 p.m. ET on Tuesday. Weighing on the refining company's stock price were its lackluster fourth-quarter results. Adjusted pre-tax income from its chemicals segment declined from $135 million in the third quarter to $52 million in the fourth quarter.
Shares of C3.AI (NYSE: AI) surged Tuesday morning after the artificial intelligence-based software company announced the launch of its new C3 Generative AI Product suite, which includes C3 Generative AI for Enterprise Search. Generative AI describes a form of artificial intelligence that can be used to create content such as code, text, or images, like OpenAI's ChatGPT and DALL-E. C3.AI describes its Generative AI for Enterprise Search as "a transformative user experience using a natural language interface to rapidly locate, retrieve, and present all relevant data across the entire corpus of enterprise's information systems."
Alphabet's (GOOGL) fourth-quarter results are likely to reflect strength across its search and cloud businesses amid the weakness in its advertisement business.
Early retirement is a dream for many — that can turn into a nightmare.
The iconic money manager with a penchant for aggressive growth aims to close out January with a bang.
In this article, we discuss 10 hot oil stocks to buy now. If you want to see more stocks in this selection, check out 5 Hot Oil Stocks To Buy Now. According to a Reuters poll on December 30, oil price gains in 2023 could remain capped amid threats to demand growth from a deteriorating […]
The bad news is Moderna's vaccine may not be able to replicate these levels in a post-pandemic environment. The good news is the vaccine still could lead to significant blockbuster revenue -- and that will support the development of Moderna's late-stage pipeline. As a result, Moderna could launch other potential blockbusters over the next few years.
Does Transocean (RIG) have what it takes to be a top stock pick for momentum investors? Let's find out.
General Motors (NYSE: GM) stepped on the accelerator, and Ford Motor Company (NYSE: F) is going along for the ride. Shares of Ford traded up as much as 5.3% on Tuesday after crosstown rival GM handily beat expectations. On Tuesday, it was news from General Motors that was giving Ford shares a push.