Shares of General Motors Co. GM, -1.63% slipped 0.1% in premarket trading Thursday, after the automaker announced a voluntary separation program (VSP) that is expected to lead to an employee separatio...
Tag: automobiles
Tesla stock falls nearly 3%, heads toward 4th straight loss
Shares Tesla Inc. TSLA, -3.04% slumped 2.8% toward a five-week low in premarket trading Thursday, putting them on track for a fourth straight loss, amid Wall Street concerns over Chief Executive Elon ...
Rivian stock down 7% in the extended session
Shares of Rivian Automotive Inc. RIVN, +1.24% fell more than 7% in the late session Monday, with losses accelerating after the electric-vehicle maker said it was selling about $1.3 billion in “green” ...
Why the stock-market rally can keep going, says Morgan Stanley strategist who only recently warned of a death zone
On the heels of last week’s losing-streak breaking rally, investors look headed for the sidelines on Monday. Apart from an underwhelming growth forecast from China over the weekend that’s knocking oil...
Ford to raise production as U.S. auto sales start to recover
Ford will increase production of six models this year, half of them electric, as the company and the auto industry start to rebound from sluggish U.S. sales in 2022. The automaker announced Friday tha...
Ignore Wall Street’s gloom. Stocks do better when earnings fall: strategist
Adios to February, which disappointed many stock investors who enjoyed a bullish start to the year. But fears of a bigger meltdown by those swept up in Wall Street gloom may be in vain, says our call ...
Bed Bath & Beyond stock falls again, has plunged more than 70% during a 12-day stretch in which it has declined 11 times
Shares of Bed Bath & Beyond Inc. BBBY, -7.12% took a 6.8% beating Thursday, which put them on track for a third-straight loss and a seven-week closing low. The stock has shed 16.6% over the past t...
Tesla shareholders seek to void Elon Musk’s $55 billion pay package
WILMINGTON, Del. — Attorneys for a Tesla shareholder urged a Delaware judge on Tuesday to invalidate a 2018 compensation package awarded by the company’s board of directors to CEO Elon Musk that is po...
Harley-Davidson raises dividend to 16.50 cents
A previous version of this article gave an incorrect amount for the company’s previous dividend. It has been corrected. Harley-Davidson Inc. HOG, +1.42% late Friday said its board has authorized a div...
The peak of this market rally is almost here, says JPMorgan. Time to ditch U.S. stocks, and buy these instead, says Wall Street giant.
Roses are red, violets are blue, will CPI turn into the stock market’s Waterloo? The inflation data showed higher prices remain sticky, even if overall pressure eased a bit. The stock market seems to ...
Blink Charging projects revenue beat while looking to sell stock, shares fall in late trading
Blink Charging Co. BLNK, -1.39% shares sank in late trading Monday, after the electric-vehicle-charging company detailed plans to sell more shares while offering an early look at fourth-quarter result...
Ford logs $2 billion loss in 2022, says profit was left ‘on the table’
Ford Motor Co. late Thursday reported a $2 billion loss for the year and mixed quarterly results, blaming “deeply entrenched” shortcomings around costs and systems that put the brakes on its hopes to ...
Carvana stock soars in active trading to lead the NYSE’s gainers
Shares of Carvana Co. CVNA, +19.54% soared 20.8% in active afternoon trading Friday, enough to pace the New York Stock Exchange’s (NYSE) gainers list. Trading volume swelled to 28.6 million shares, al...
Opinion: 6 cheap stocks that famed value-fund manager Bill Nygren says can help you beat the market
These are tricky times in the stock market, so it pays to look to the best stock-fund managers for guidance on how to behave now. Veteran value investor Bill Nygren belongs in this camp, because the O...
JPMorgan ‘hates Tesla and me,’ Musk says in court
Tesla Inc. TSLA Chief Executive Elon Musk on Tuesday shed more light onto the often-acrimonious dealings between the EV maker and JPMorgan Chase & Co. JPM Musk said in a federal trial over his “fu...
Elon Musk tells court Saudi Arabia wanted to take Tesla private, $420 ‘not a joke’
Elon Musk testified Monday he believed he had funding secured to take Tesla Inc. private in 2018, both from a Saudi Arabian investment fund and from his stake in SpaceX, and that one of his key tweets...
Carvana stock jumps after ‘poison pill’ adopted, exercisable if an investor acquires at least 4.9% stake
Shares of Carvana Co. CVNA, +5.48% jumped 2.4% in premarket trading Tuesday, after the online used-car retailer said it adopted a shareholder rights plan, in an effort to block investors from buying u...
Carvana stock soars to lead NYSE gainers on heavy volume
Shares of Carvana Co. CVNA, +24.43% soared 24.7%, enough to pace the New York Stock Exchange’s gainers, even though the online used-car retailer hasn’t released any news. Trading volume swelled to 33....
Occidental Petroleum’s stock rises after Buffett boosts stake, CrowdStrike after earnings beat
These were some of the biggest movers and shakers in premarket trading Wednesday: Stock gainers: Occidental Petroleum Corp.’s stock OXY, -1.35% rose almost 3% premarket after filings disclosed that Wa...