Latest in Rivian has Wall Street turning more cautious after mixed financial snapshot
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Rivian has Wall Street turning more cautious after mixed financial snapshot
A mixed quarter for the EV maker translated into more caution on Wall Street, which also mulled over the implications of the future Trump administration.Business - MarketWatch - 8 hours ago -
Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations
Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.Business - CNBC - Yesterday -
Wall Street Financiers Queue Up for a Chance at Billions in Saudi Oil Cash
Are you an international business titan on the hunt for billions of dollars of Saudi oil cash? Prepare for “a mind game.”Business - The New York Times - 3 days ago -
Wall Street is entering its best 6 months of the year. Why the stock-market rally has more room to run.
The U.S. stock market is about to enter historically its best six months of the year, after defying the popular Wall Street adage to “sell in May and go away” with strong gains.Business - MarketWatch - October 30 -
GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance
GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.Business - CNBC - October 22 -
Wall Street slumps as rates climb, and more negativity on the iPhone 16 emerges
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.Business - CNBC - October 23 -
Trump: Wall Street Journal has been 'wrong about everything'
Former President Trump blasted the Wall Street Journal and other prognosticators in the financial sector who have predicted his economic plans will have a negative impact on the country's financial ...Politics - The Hill - October 15 -
Crypto exchanges turn to derivatives to lure cautious investors
New market entrants switch focus to offering leveraged betsBusiness - Financial Times - October 28 -
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's third-quarter expectations
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's Q3 expectationsBusiness - CNBC - October 29 -
Carvana raises 2024 earnings guidance after topping Wall Street's Q3 expectations
Carvana said its adjusted EBITDA would be "significantly above the high end" of its previous target of $1 billion to $1.2 billion.Business - CNBC - October 30 -
Schlumberger’s stock slumps as falling oil prices turn customers cautious
Schlumberger’s stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.Business - MarketWatch - October 18 -
Wall Street hits record high after Trump election win, as US dollar, bitcoin and Tesla shares surge – business live
Rolling coverage of the latest economic and financial news, as investors pile into Trump trades after US election result. Donald Trump elected US president in stunning political ...World - The Guardian - 2 days ago -
McDonald's, Boeing experience Wall Street struggles
It's been a mixed week for stocks amid a flurry of corporate news, including problems for fast food giant McDonald's, as it deals with an E. coli outbreak possibly linked to its Quarter Pounders. ...Top stories - CBS News - October 26 -
Top Wall Street analysts are upbeat on these dividend stocks
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Cisco and Diamondback EnergyBusiness - CNBC - October 27 -
Wall Street tribes hunt for election victory
Plus, big loans for companies with Nvidia chips raise concerns over tech giant’s dominanceWorld - Financial Times - 3 days ago -
Moscow had high hopes for Trump in 2016. It's more cautious this time
The race for the White House presents Vladimir Putin with a dilemma, writes the BBC's Steve Rosenberg.Top stories - BBC News - October 21 -
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China's Top Oil Companies Turn in Mixed Results Amid Weak Demand
State-controlled producer PetroChina posted lower profit and revenue, rounding out mixed results for the country’s big three oil companies.Business - The Wall Street Journal - October 29 -
Credit Agricole's Shares Fall After Mixed Results
Credit Agricole reported a smaller-than-expected fall in net profit for the third quarter of 2024 but softer revenue missed views, sending its shares lower.Business - The Wall Street Journal - 2 days ago -
Optimism on Wall Street, and Harris Agrees to a Fox News Interview
Plus, an investigation into China’s panda factories.Top stories - The New York Times - October 15 -
Citigroup earnings top estimates, but stock falls as bank boosts loan loss reserves
The bank's third-quarter report was stronger than Wall Street expected but still showed a year-over-year decline in earnings.Business - CNBC - October 15 -
Wall Street’s most frustrating ‘pain trade’ looks set to continue
For Wall Street’s professional money managers, the biggest “pain trade” right now is the ongoing rally in stocks following a massively successful two-year bull run.Business - MarketWatch - October 15 -
Netflix adds 5 million subscribers and beats Wall Street's profit expectations
Netflix reports strong third-quarter earnings, in a sign that its content mix, including "Emily in Paris," and its password-sharing crackdown are still paying off.Entertainment - Los Angeles Times - October 17 -
Wall Street hates Treasurys. Maybe it’s time to give them some love.
Maybe it’s time to show them a little appreciation.Business - MarketWatch - October 19 -
Top Wall Street analysts like these stocks for their growth prospects
TipRanks' analyst ranking service pinpoints Wall Street's best-performing stocks, including Nvidia and Fortinet.Business - CNBC - October 20 -
Behind Many Powerful Women on Wall Street: A Doting 'Househusband'
More men are staying home to facilitate the complex juggle of family life and their wives’ high-powered careers.Business - The Wall Street Journal - October 21 -
Wall Street analysts get it wrong on two of our portfolio industrial stocks
New research from Wall Street analysts missed the mark on Stanley Black & Decker and DuPont.Business - CNBC - October 21 -
Lucid CEO defends $1.75 billion capital raise following stock drop
Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.Business - CNBC - October 22 -
Lucid CEO says Wall Street misinterpreted $1.75 billion capital raise
DETROIT — Investors misinterpreted a public offering last week by Lucid Group that raised roughly $1.75 billion — and led to the stock’s worst daily performance in nearly three years — CEO Peter ...Top stories - NBC News - October 21 -
Wall Street is worried stocks might be on the cusp of a ‘lost decade’
Stocks have been on a terrific run over the past decade. But the years ahead might not be quite so spectacular.Business - MarketWatch - October 22 -
Wall Street Journal, NY Post sue AI startup
Media conglomerate News Corp, the conglomerate that owns the Wall Street Journal, New York Post and a number of other media properties, is suing artificial intelligence (AI) startup Perplexity over ...Politics - The Hill - October 22 -
The Wall Street Veteran Leading Disney's Search for Iger's Replacement
James Gorman wanted a challenging board role after nailing succession at Morgan Stanley. He’s getting one at Disney.Business - The Wall Street Journal - October 22 -
A Key Corner of Wall Street Is Pricing in a Trump White House and No Recession
Bond traders have responded to strong economic data by lowering their forecasts for Fed rate cuts.Business - Inc. - October 23 -
Tesla shares leap 22% after Musk predicts sales rebound
EV maker adds more than $150bn in market value after billionaire says sales may increase as much as 30% next yearBusiness - Financial Times - October 24 -
Tesla Surprises Wall Street With Strong Third-Quarter Results
The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.Business - The Wall Street Journal - October 24