Tesla rivals Rivian, Lucid, and Fisker were riding high a few years ago. Amid surging investor interest, the electric-vehicle makers…
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By Zaheer Kachwala and Abhirup Roy (Reuters) -Fisker on Thursday warned it might not be able to continue as a…
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(Bloomberg) — Exxon Mobil Corp. and Cnooc Ltd. are considering exercising rights to acquire Hess Corp.’s stake in a giant…
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(Bloomberg) — The American-made lander that touched down on the moon may have landed on its side, officials said. Most…
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(Bloomberg) — Cybersecurity company Palo Alto Networks Inc. tumbled in late trading after cutting its revenue forecast for the year,…
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Finance
Vertex Pharmaceuticals Will Use $100 Million to Tank Its Own Market Share. Here’s Why That’s a Smart Move.
Hot off the approval of its gene therapy for a pair of rare hereditary blood disorders, Vertex Pharmaceuticals (NASDAQ: VRTX)…
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(Reuters) -U.S. oil and gas producer Occidental Petroleum beat estimates for fourth-quarter profit on Wednesday, aided by higher production in…
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Finance
The US, China, and Europe’s economies are drifting apart. The global ‘decoupling’ is moving markets.
Global economies are decoupling, according to Bank of America.Cate Gillon/Getty Images The world’s biggest economies are seeing a “decoupling,” Bank…
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Finance
Why Super Micro Computer, C3.ai, Taiwan Semiconductor, and Other Artificial Intelligence (AI) Stocks Rallied on Thursday
The drama of earnings season continued on Thursday as investors digested the latest financial reports and what they mean in…
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Shares of Super Micro Computer (NASDAQ: SMCI) jumped today, continuing a rally sparked by last Monday’s strong earnings report, even…