Check out the companies making headlines in midday trading. FuboTV — The streaming provider soared 242% after confirming it struck a deal to combine its online live TV businesses with Walt Disney . The new venture will be 30% owned by Fubo and 70% by Disney and form the...
U.S. President-elect Donald Trump looks on during Turning Point USA's AmericaFest at the Phoenix Convention Center on December 22, 2024 in Phoenix, Arizona. Rebecca Noble | Getty ImagesPresident-elect Donald Trump is considering a plan that still would apply tariffs to all nations but narrow the focus to a select set...
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024.Justin Sullivan | Getty ImagesLucid Group on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting...
Check out the companies making headlines before the bell. American Airlines – Shares gained more than 4% after TD Cowen upgraded the airline to a buy from a hold rating and lifted its price target to a Wall Street high. The new target implies roughly 47% upside from Friday's...
UK firms are planning to raise prices to cover higher tax payouts as confidence among businesses tumbled to its lowest level since the market-rocking "mini-budget" crisis of fall 2022, according to a survey by the British Chambers of Commerce.The trade group said sentiment had "declined significantly" in its largest poll since the Labour...
A man with a face mask walks past the logo of Foxconn, or Hon Hai Group , which is Taiwans technology giant and the worlds leading producer of semiconductors or chips particularly for Apples devices, amid COVID-19 outbreak , in Taipei, Taiwan, 15 July 2021.Ceng Shou Yi | Nurphoto...
Another earning season is over. The winners? Most of our stocks. Twenty-three out of 33 portfolio names delivered third-quarter reports were deemed good or great by the Investing Club, thanks partly to a still-strong consumer and largely to the massive build out of all things AI. Case in point:...
Friday, December 27, was supposed to be the start of a relaxing holiday weekend. But it was chaos for thousands of small business owners who use Bench, an accounting and tax startup based in Canada that raised $113 million from investors like Bain Capital Ventures and Shopify. That morning, they found...
Check out the companies making headlines in midday trading. Rivian Automotive – Shares popped 19% after the electric vehicle maker's vehicle production and deliveries for 2024 met the company's previously announced guidance. This comes after the company had lowered its production target for the full year in October. U.S....
Rivian electric vehicles (EV) are parked at the Rivian Venice Hub on November 13, 2024 in Venice, California. Mario Tama | Getty ImagesRivian Automotive's 2024 vehicle production and deliveries were in line with the company's previously announced expectations.The electric vehicle maker on Friday said it produced 49,476 vehicles last year,...
Check out the companies making...
U.S. President-elect Donald Trump looks...
Brand new Lucid electric cars...
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.
The US Securities watchdog has accused Fundrise Advisors, LLC, of violating the country’s cash solicitation rules by paying over 200 social media influencers and online newsletter publishers to solicit clients for its investment platform. The Securities and Exchange Commission (SEC) announced today (Tuesday) that the Washington-based investment advisor did not require the influencers to provide...
Traditional banking institutions are confronting a powerful competitor in the ever-changing world of finance: fintech. Revolut, a revolutionary fintech business that has shook the foundations of traditional banking, is at the forefront of this upheaval. Don't miss London's premier financial event! 3,500+ attendees, 150+ speakers, and 120+ exhibitors await...
Violetastoimenova | E+ | Getty ImagesBy some measures, Americans have never been more in the red.In the second quarter of 2023, total credit card debt surpassed $1 trillion for the first time ever, which helped bring total household debt to $17.06 trillion, also a fresh record, according to the New...
Switzerland’s Financial Market Supervisory Authority (FINMA) conducted an in-depth review of the money laundering risk analyses of over 30 Swiss banks during the spring of this year and found that many did not meet the basic requirements for such an analysis. The Swiss watchdog in a statement explained that it was prompted...
Commuters arrive into the Oculus station and mall in Manhattan, New York, Nov. 17, 2022.Spencer Platt | Getty ImagesThe amount of money most workers want now to accept a job reached a record high this year, a sign that inflation is alive and well at least in the labor...
