Check out the companies making headlines in midday trading: Lilium — U.S.-listed shares fell more than 57% after the German air taxi startup said in a regulatory filing that its two main subsidiaries would file for insolvency , which is when debts cannot be repaid, in the next few...
Dover on Thursday reported weaker-than-expected third-quarter results, pressuring shares of the industrial conglomerate with ties to AI data centers. We're not concerned: The company's recent asset sales is likely causing some confusion about the numbers. Revenue rose 1.3% year over year to $1.98 billion, a tad shy of the...
United Parcel Service exceeded Wall Street estimates for quarterly profit on Thursday, benefiting from rebounding volumes and cost controls.
Check out the companies making headlines before the bell. Tesla – Shares of the electric vehicle maker soared nearly 13% thanks to the company's better-than-expected profit for the third quarter. The company also expects to see vehicle growth of 20% to 30% next year, according to CEO Elon Musk....
An American Airlines aircraft departs from Ronald Reagan Washington National Airport on August 28, 2024 in Arlington, Virginia. Kevin Carter | Getty ImagesAmerican Airlines posted a third-quarter loss but raised its profit forecast for the year as CEO Robert Isom said the company's sales strategy shift earlier this year is...
A Southwest Airlines plane takes off from Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, US, on Friday, July 12, 2024. Elijah Nouvelage | Bloomberg | Getty ImagesSouthwest Airlines third-quarter profit fell from a year ago but topped Wall Street estimates while the carrier workers to drum up revenue and...
Check out the companies making...
Dover on Thursday reported weaker-than-expected...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Bill Gates and Warren Buffett speaking at Columbia University.Spencer Platt | Getty Images News | Getty ImagesLegendary value investor Warren Buffett said he has no expertise in artificial intelligence whatsoever, but thanks to Bill Gates, he took a crack at the buzzy chatbot ChatGPT."I think it's something I don't...
Paul Morigi | Getty Images Entertainment | Getty ImagesWarren Buffett said Americans should not be concerned about their bank deposits in the wake of the latest financial shock in the sector and the government would ensure no depositor in this country lost a dime."People shouldn't be worried about losing...
Scientific Financial Systems was proud to attend the CFA Society of Boston’s Annual Market Dinner event in Boston last night. It was a great turnout from the Boston investment community.Morgan Housel delivered an excellent keynote talk about market risk and investor behavior. His talk built on the major themes...
Warren Buffett 's Berkshire Hathaway has snapped up more shares of Occidental Petroleum , taking advantage of sliding oil prices amid the spreading banking crisis. The Omaha, Nebraska-based conglomerate bought 7.9 million shares in multiple trades on Monday, Tuesday and Wednesday, a new regulatory filing showed. The average price...
