Articles

Tesla earnings: What to expect from the Cybertruck maker

Tesla Inc. is slated to update investors on its fourth-quarter earnings on Wednesday after the bell, with analysts especially eager to hear the EV maker's guidance for 2024.

Uber downgraded, days after a ‘bearish engulfing’ chart pattern appeared

Shares of Uber Technologies Inc. extended their pullback Wednesday, after they were downgraded just days after the appearance of an ominous “bearish engulfing” chart pattern.

Gen X-ers and millennials are poised to inherit trillions in the coming years

The phenomenon known as the great wealth transfer could shift $72.6 trillion directly to these heirs over the next two decades.

‘Too-big-to-fail’ bank boss Gorman was paid $66,000 a day for 14 years

Not everyone is facing a retirement crisis

Boeing chief says company flies ‘safe planes’ as he meets U.S. lawmakers

Boeing’s chief executive on Wednesday said the company doesn’t fly airplanes that aren’t safe, as he arrived on Capitol Hill for meetings with U.S. lawmakers amid scrutiny of the aviation giant.

Joe Lewis, billionaire owner of Tottenham Hotspur football club, pleads guilty to insider trading

British billionaire Joe Lewis,  who owns the Tottenham Hotspur football club, has pleaded guilty to insider trading charges in New York, after prosecutors had charged him with sharing secret stock tips with his pilots, girlfriends and assistants for years.

Nikola’s stock rises as electric-truck producer gets an outperform rating

Baird’s Ben Kallo praised management in note entitled, “When the going gets tough, the tough keep going.”

These seven tanker stocks are set for upside amid Red Sea disruption, says Evercore

A number of tanker stocks are well positioned to benefit from the fallout from the disruption to Red Sea shipping caused by the Houthi attacks on cargo ships, according to Evercore ISI.

Microsoft’s stock marches to $3 trillion market cap for the first time

Microsoft Corp.’s stock is continuing its march higher, and that could put the company in vaunted territory.

Storm in a teacup. U.S. embassy intervenes amid British outrage over ‘perfect’ salty tea.

A U.S. professor’s recipe for a perfect cup of tea includes adding salt. The British are not amused, especially after the U.S. Embassy wades in.

Copper production boosts FreePort-McMoRan results past Wall Street expectations

FreePort-McMoRan Inc.’s stock rose 6.3% on Wednesday after the mining giant’s fourth-quarter profit and revenue beat Wall Street projections, with its copper volumes exceeding its earlier estimate.

Plug Power faces ‘increasingly arduous path,’ a new bear warns

A BMO Capital Markets analyst is feeling cautious about Plug Power’s stock despite some “positives” in recent update.
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