Evs Stock Jumps
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Hershey’s beats on earnings as Reese’s Caramel, Dot’s Pretzels boost sales
“We are off to a strong start and remain on track to deliver our business strategies and financial commitments for the year,” the company’s CEO said Friday.MarketWatch - Business -
Amgen ‘very encouraged’ by data from weight-loss-drug trial, as stock jumps
Shares of Amgen Inc. rallied in the extended session Thursday after the drug maker posted adjusted earnings above expectations and executives said they are “very encouraged” by preliminary data from a trial of an injectable weight-loss drug.MarketWatch - Business -
Puig Shares Jump on Debut
Shares of Jean Paul Gaultier owner Puig rose sharply above the listing price on their trading debut in Spain after the world’s biggest initial public offering so far this year.The Wall Street Journal - World -
Puig Shares Jump on Debut
Shares of Jean Paul Gaultier owner Puig rose sharply above the listing price on their trading debut in Spain after the world’s biggest initial public offering so far this year.The Wall Street Journal - Business -
Biden adds carveout to EV credit restrictions
Welcome to The Hill's Energy & Environment newsletter {beacon} Energy & Environment Energy & Environment The Big Story Biden issues flexible guidance for EV components The Biden administration granted leeway for qualifying for electric vehicle ...The Hill - Politics - Joe Biden -
EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - World -
Biden administration grants flexibility for automakers in EV tax credit rule
The Biden administration on Friday granted automakers some flexibility on qualifying for electric vehicle tax credits. The new final guidance, issued as part of the 2022 Inflation Reduction Act, incorporates a two-year exemption to provisions of ...The Hill - Politics - Joe Biden -
Confusion and trade rules are speed bumps for Biden’s EV goals
If widespread EV adoption is truly a priority, then America’s trade policies, some of which Biden inherited and some of which are his own, need another look.The Hill - Politics - Joe Biden -
Manchin blasts leeway in Biden’s EV tax credit rule: ‘Outrageous and illegal’
Centrist Democrat Sen. Joe Manchin (W.Va.) is blasting the Biden administration’s new interpretation of which vehicles can qualify for electric vehicle tax credits — saying it gives too much leeway for batteries containing Chinese materials. “The ...The Hill - Politics - Joe Biden -
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EV Makers Get Two-Year Reprieve on Tax-Credit Restrictions
The Treasury Department has extended eligibility for cars containing Chinese graphite through 2026.The Wall Street Journal - Business -
As Elon Musk Abandons the $25K Tesla, This EV Costs Just $4,400
Meet the Zhidou Rainbow—it costs less than an ebike and is capable of completing the average US daily commute with charge to spare.Wired - Tech - Elon Musk -
Jump in penalties for late filing of tax returns
A self-assessment return may be due even if there is nothing to payFinancial Times - World -
Marine Le Pen grows wary of ‘crazy’ German far right
Trip to tropical island brings Rassemblement National to brink of break-up with Alternative for GermanyFinancial Times - World - Germany -
Conservative Ben Houchen holds on as mayor in key Tees Valley race
Result provides glimmer of hope for Rishi Sunak in otherwise grim local election resultsFinancial Times - World -
Cryptofinance: Stablecoins encroach on shadow banking system
Plus, CZ gets four months and outflows from bitcoin ETFsFinancial Times - World - Crypto -
ICC chief prosecutor hits out at unnamed ‘threats’ against his work
Israeli officials had warned that the tribunal was considering issuing arrest warrants in relation to war in GazaFinancial Times - World -
US stocks rally as cooling labour market boosts rate cut hopes
Futures markets lean towards Fed acting in September after just 175,000 jobs were added in AprilFinancial Times - World -
China's automakers must adapt quickly or lose out on the EV boom in the face of regulatory scrutiny abroad and competition at home
Adoption of battery and hybrid-powered cars has surged in China, but an onslaught of new models has fueled a price war, while regulatory scrutiny grows abroad.CNBC - Business - China -
US loosens some EV battery rules, potentially increasing tax credit eligibility
West Virginia Sen. Joe Manchin says new rules governing electric vehicle tax credits are a giveaway to ChinaABC News - Top stories -
Heard on the Street's Stock-Picking Contest
Read about our columnists’ favorite and least-favorite stocks and see how they have performed.The Wall Street Journal - World -
Stock Funds Fell 5% in April
Month’s pullback still leaves performance in the green so far in 2024. Also: A flashback to the 40th anniversary of the Continental Illinois banking crisis.The Wall Street Journal - World -
Jobs Report in Focus as Investors Seek Rate Clues
Stock futures ticked higher ahead of an employment report that is expected to show labor-market growth slowing in April.The Wall Street Journal - World -
A Handful of Plunging Stocks Suggests the Consumer Is Not All Right
Investors sold off Starbucks, DoorDash, and Netflix after weak earnings.Inc. - Business -
‘I don’t have a choice’: UK patients turn to medical loans for treatment costs
Boom in healthcare borrowing prompts warnings from doctors and campaignersFinancial Times - World - United Kingdom -
Shares of Puig jumped above their listing price on their trading debut in Spain after the world's biggest IPO so far this year.
Shares of Puig jumped above their listing price on their trading debut in Spain after the world’s biggest IPO so far this year.The Wall Street Journal - World -
Europe should brace itself for Trump
Unlike in 2016, this time the former president has a coherent plan for governingFinancial Times - World - Donald Trump -
Oregon transfer class jumps to No. 2 after landing Alabama S Peyton Woodyard, Michigan State DT Derrick Harmon
The Ducks had a huge weekend as Dan Lanning continues to add talent through the transfer portalCBS Sports - Sports - College Football -
Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback
Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program.CNBC - Business - Apple -
FuboTV’s stock dives as excessively high licensing costs led to loss of content
FuboTV’s took a dive Friday, after the sports-first TV-streaming company reported a first-quarter loss that was only half what was expected, but said monopolistic, extremely high content costs led to the loss of some programming.MarketWatch - Business -
South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
Jim Cramer's top 10 things to watch in the stock market Friday
The Dow, S&P 500 and Nasdaq set to surge at Friday open after much weather-than-expected jobs growth in April.CNBC - Business -
Amgen’s obesity drug puts stock on pace for best day since 2009 as analysts predict big gains to come
One analyst says Amgen’s stock is in the ”early innings of a large move,” fueled by an experimental obesity drug.MarketWatch - Business -
There's More to Warren Buffett's Game Than Just Picking Great Stocks
The innovative structure of Berkshire Hathaway stands out—and benefits shareholdersThe Wall Street Journal - World -
Why Coinbase’s stock is shrugging off a monster earnings beat
Analysts saw a few reasons to quibble, including a potential slowdown this quarter.MarketWatch - Business -
Here's what's driving Friday's stock action in Apple, Coterra and Eli Lilly
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
Berkshire Hathaway’s big mystery stock wager could be revealed soon
Warren Buffett's bet, shrouded in mystery, has captivated Berkshire Hathaway investors since first appearing in disclosures late last year.CNBC - Business -
Here’s what is so amazing about Apple’s stock buybacks
Also: Mario Gabelli talks about how he selects stocks for long-term investment.MarketWatch - Business -
Jim Cramer says Alphabet is a buy and the most undervalued large tech stock
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.CNBC - Business -
Jobs Data, Tech Stocks Power Indexes to Weekly Gains
Renewed hope for interest-rate cuts fueled a rally, though shares of some companies like TD Bank fell.The Wall Street Journal - World