Stocks finished mixed Friday as investors continued to weigh whether a rise in inflation measures or signs of disinflation in July's reports were more telling for the path of interest rates.At the close, the Dow Jones Industrial Average (^DJI)...
A week after doubling the number of outstanding shares and exposing current holders to dilution, Nikola shares are in retreat.Former CEO Mark Russell and current executives of the electric truck and hydrogen distribution startup are among the sellers. The...
Whether you’re a seasoned trader or a novice, the oldest piece of advice in economics still holds true: buy low and sell high. The challenge lies in determining the right time to purchase stocks that are undervalued or to...
The Dow Jones Industrial Average closed near session lows after ceding ground early as Walt Disney (DIS) jumped following its report. Famed fund manager Cathie Wood loaded up on Roblox (RBLX) despite a huge plunge for the stock....
Key Takeaways GM once again noted that issues in producing new Ultium battery packs is slowing the manufacturing of its electric vehicles.CFO Paul Jacobson and CEO Mary Barra have both talked about the battery...
Stocks inched higher Thursday as newly released data showed inflation ticked up on an annual basis for the first time in over a year but disinflationary trends remained positive.At the close, the Dow Jones Industrial Average (^DJI) had gained...
UPS drivers will earn an average of $170,000 in pay and benefits at the end of a five-year contract their union negotiated with the carrier last month to avert a strike, UPS CEO Carol Tomé said during an earnings...
The latest inflation data could be a bit misleading to the untrained eye. But “don’t be fooled by the uptick,” said Julia Pollak, ZipRecruiter’s chief economist. “Inflation is slowing, and doing so across a broader range of goods and...
Late Wednesday, Illumina (ILMN) reported adjusted earnings of 32 cents per share on $1.18 billion in second-quarter sales. In response, ILMN stock plunged. X On average, analysts surveyed by FactSet expected Illumina...
