Rivian Automotive Inc. drew praise from at least two analysts on Wednesday as its stock rallied in premarket trades on the electric vehicle maker’s joint venture with German care giant Volkswagen.
Greenlight Capital has said an ongoing spat with one of its former staffers over his job title is hurting its business, deterring investors from putting money in the multi-billion-dollar hedge fund and hindering its ability to recruit new employees.
The Nvidia stock rally has reignited, with the stock heading to a consecutive day of gains after a recent slide into correction territory.
Retirement may be out of reach for the average person lacking financial education and resources.
General Mills’ CEO said the company “enhanc[ed] our efficiency in response to a more challenging operating environment.”
Societe Generale’s U.S. equity team says investors looking for the next leg of this stock rally will have to wait until early 2025.
Share repurchases are at a record, but that isn’t necessarily bullish for the U.S. market
Vista Outdoor, parent to brands including CamelBak and Bushnell, has been the subject of several M&A offers.
Mortgage applications rose 0.8% in the last week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.93%.
With Americans still hurting from weathering the highest inflation rate in 40 years, pocketbook issues look set to play a big role in Thursday night’s presidential debate between Joe Biden and Donald Trump.
Bond yields rose early Wednesday, though benchmarks continued to meander within a narrow channel as traders await fresh news that may sway Federal Reserve thinking.
“I once complimented my daughter and her partner on a nice plant in their garage and they started laughing, and told me it was marijuana.”
Gap Inc. stands to gain from the back-to-school season, increasing relevance at its namesake stores, a product refresh at its Old Navy stores and early signs of improvement at its fitness brand Athleta, TD Cowen analysts said Tuesday.
Shares of Rivian Automotive Inc. skyrocketed after hours Tuesday after Volkswagen AG said it will invest $1 billion in the electric-vehicle maker, with plans to pour billions more if an EV-focused joint venture between the two companies gets off the ground.
The self-driving vehicles are still a curiosity to many tourists, who now should have an easier time hailing a ride.
Nelson Counne made women believe he was a jet-setting bon vivant. Prosecutors said he was a con man who stole $1.8 million from his girlfriends.
Veteran videogame executive takes the reins some seven months after co-founder departure, fleet grounding.
