Tesla stock rises ahead of the electric-vehicle company’s first-quarter earnings, Boeing is selling certain digital aviation solutions assets in a $10.55 billion deal, GE Aerospace’s profit tops analysts’ estimates, and more customers than expected cancel Verizon contracts.
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Tesla slides ahead of quarterly earnings scheduled for Tuesday, and Nvidia tumbles with the chip maker a victim of the U.S.-China trade war.
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The ride-hailing company wrongly promises savings and makes it difficult to cancel a subscription, the regulator alleges.
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The three major stock indexes are looking to extend last week’s drop when markets open in New York on Monday.
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UnitedHealth stock falls sharply after an earnings miss and cut to guidance at the health insurer, a judge rules that Alphabet’s Google operates an illegal ad monopoly, and Nvidia extends losses following a warning it would record a massive charge from trade restrictions.
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Nvidia discloses that sales of its H20 chips to China would require a license ‘for the indefinite future’ from the U.S. Department of Commerce, AMD says a license requirement for chip exports will result in charges of up to $800 million, and ASML issues disappointing sales guidance.
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Bill Ackman’s Pershing Square disclosed a 12.7 million share stake in the car rental company.
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The company beat expectations for first-quarter profit but it plans to cut capacity starting in the third quarter based on demand trends.
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Logistics firm J.B. Hunt’s first-quarter earnings per share beat expectations, but there’s “too many boxes and not enough freight,” says one analyst.
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Bank of America and Citigroup post better-than-expected first-quarter earnings, a report says China ordered a halt to Boeing jet deliveries as part of the escalating trade war with the U.S., and Tesla stock rises after its chart forms a ‘death cross.’
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Citi puts shares of shipbuilder Huntington Ingall on its North American Focus List, which is for high-conviction Buy ideas.
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Shares of Apple and Dell Technologies rise after the Trump administration exempts smartphones, computers, memory chips, and other electronics from broad tariffs, Nvidia will for the first time make artificial-intelligence supercomputers entirely in the United States, and Goldman Sachs reports better-than-expected first-quarter earnings.
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Navy shipbuilder Huntington Ingalls Industries caught a rare double upgrade on Friday. Shipbuilding is a priority for President Donald Trump.
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Walmart, Apple, Tesla, and Nvidia shares jump after President Donald Trump says he will be delaying tariffs above 10% on some countries for 90 days.
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Shares of Apple and Tesla tumble as both get their price targets cut by a longtime Wall Street bull, General Motors is downgraded, and MicroStrategy follows Bitcoin lower.
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Lucid delivers 3,109 cars in the first quarter, the highest quarterly total in the company’s history and in line with Wall Street estimates.
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Lyft’s aspirations in the autonomous vehicle market are challenged by stiff competition, analysts say.
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An aging U.S. population is increasing the demand for medication, and this company delivers.
Long Read