Intel shares waver after the chip maker reports better-than-expected quarterly earnings and revenue, while Ford Motor rises sharply after posting record record quarterly sales.
4 minute read
GM reports third-quarter operating profit of $3.4 billion from revenue of $48.6 billion.
3 minute read
Intel says current demand is outpacing supply, Rivian cuts jobs, funding the White House ballroom, and more news to start your day.
Long Read
Tesla rises and IBM falls after reporting quarterly earnings, while quantum-computing stocks soar on a report the Trump administration is considering taking equity stakes in several companies in exchange for federal funding. The Commerce Department denied the report.
Long Read
Tesla earnings disappoint, federal worker pay is on ice, Southwest says changes are working, and more news to start your day.
Long Read
A lot of Wednesday’s market unwind was driven by quantitative trading and the retail crowd, Mizuho’s Daniel O’Regan says.
4 minute read
The company is using AI to develop better car technology. Investors should take note.
2 minute read
Netflix falls after third-quarter earnings miss analysts’ estimates while Texas Instruments tumbles following a disappointing forecast.
3 minute read
The stock was on pace for its biggest single-day decline since April 4.
2 minute read
GM’s earnings delivered a jolt of optimism to the auto sector.
2 minute read
General Motors rises sharply after posting better-than-expected third-quarter earnings, while Warner Bros. begins a review of strategic alternatives, including a sale of the entertainment company.
4 minute read
Tesla reports third-quarter earnings on Wednesday evening. Wall Street projects earnings per share of 55 cents from sales of $27.2 billion., according to FactSet.
3 minute read
Apple stock rises after analysts at Loop Capital boost their rating on the iPhone maker to Buy from Hold, while Nvidia unveils the first Blackwell wafer made in the U.S. with a chip produced by Taiwan Semiconductor Manufacturing.
3 minute read
‘After a brutal few quarters, we are finally starting to see stable demand trends for Tesla,” writes Wedbush analyst Dan Ives in a report.
2 minute read
The Fed heads into its October meeting with less clarity than usual, Tesla shareholders told to reject CEO Musk’s $1 trillion pay, and more news to start your day.
Long Read
Thursday, BNP Paribas Exane analyst James Picariello launched coverage of Tesla stock with a Sell rating and $307 price target.
2 minute read
Tesla’s main competition isn’t coming from Detroit anymore. It’s coming from Silicon Valley.
2 minute read
Taiwan Semiconductor Manufacturing declines even as third-quarter profit beats analysts’ estimates, while HP Enterprise falls sharply after weaker-than-expected guidance.
3 minute read
The lawsuit alleges that NIO solved a liquidity crisis in 2020 by creating a "superficially independent company."
1 minute read
It’s the company’s “largest single investment” in its 100-year history.
2 minute read
London will be the self-driving car company’s second international market, after Tokyo.
2 minute read
Coming into Wednesday trading, the EV maker’s shares were up 6% so far this year after a rally sent shares up 38% over the past three months.
2 minute read
Fed’s Powell sees its focus shift to labor market, Trump’s latest China trade war threat, ASML revenue missed, and more news to start your day.
Long Read
As electric vehicle adoption slows in the U.S., GM announced a $1.6 billion write down related to its EV investments.
2 minute read