Text size Cineworld said Regal theaters were “open for business as usual and continue to welcome guests and members.” Jim Watson/AFP via Getty Images Cineworld Group , the owner of Regal C...
Tag: automotive
Largest U.S. Pension Bought EV Stocks Rivian and Li Auto. What It Sold.
Text size The Rivian R1S. Pension giant Calpers bought more Rivian shares in the second quarter. Courtesy of Rivian America’s largest public pension has increased bets in electric-vehicle makers. Cali...
3 Companies That Declared Dividend Increases This Week
Text size Winnebago Industries said that it plans to boost its quarterly dividend by 50%. Courtesy of Winnebago It was a very light week for dividend announcements, which tend to slow down in August b...
Here’s what a leading bull and bear are saying comes next as markets stall
The stock market has all but stalled this week. The S&P 500’s 200-day moving average has seemingly morphed from magnet to resistor. It’s the summer: NYSE composite volume was the lowest of the yea...
Ford Faces $1.7 Billion Verdict in Fatal Rollover of F-250 Pickup
Ford Motor is facing a potential $1.7 billion in punitive damages after a Georgia jury reached a verdict Friday in a case involving a 2014 rollover of a Ford F-250 pickup truck that left two people de...
Ford Dealt a Huge Blow
The announcement no doubt resonated strongly on all floors at Ford’s (F) headquarters in Dearborn, Mich. This unexpected news has certainly taken CEO Jim Farley and his team by surprise as the...
GM Reinstates Dividend. Ford’s Yield Is Higher.
Text size GM stock was rising after the auto maker said it was reinstating its dividend. Bill Pugliano/Getty Images American automotive giant General Motors is returning capital to shareholders again—...
Tech Stocks Are Due for Another Fall
Text size Technology fundamentals are getting worse, not better. One example is weakening demand for consumer electronics. Illustration by Barron’s (Dreamtime 4) For years, tech investors seemed...
Tesla Rival Fights to Survive
An electric vehicle startup whose design has drawn comparisons with the Batmobile is on the ropes, and it’s not the first time. Faraday Future Intelligent (FFIE) has already had several lives ...
Rivian Drops Cheapest Versions of Its Electric Truck and SUV Models
Electric-vehicle startup Rivian Automotive Inc. is discontinuing the cheapest versions of its pickup truck and SUV models, citing low customer demand. Eliminating the base version, dubbed the Explore ...
Ford’s green bond sees $5 billion in demand as Biden signs climate bill
Investors swarmed over Ford Motor Co.’s new $1.75 billion green-bond deal on Tuesday to help boost its development of more electric vehicles. Order books for Ford’s F, +0.67% speculative-grade debt de...
The New EV Tax Credit Won’t Cover All Teslas and Other Cars. How It Will Work.
New electric-vehicle tax credits depend on where the cars are assembled, what the EVs cost, and how much money buyers make. Stefani Reynolds/AFP/Getty Images Text size The Inflation Reduction Act shou...
What Stocks Are Making Moves Monday? Li Auto, NIO, Peloton, and More.
Text size A trader works on the floor of the New York Stock Exchange. Michael Nagle/Bloomberg Stock futures were trading lower Monday after China cut interest rates following data that showed the worl...
Ready to cash out some gains on this stock market run? An exit path is about to emerge, says this strategist
Welcome to moody Monday, with stock futures down and oil prices getting hit hard after a batch of downbeat data from China, alongside a surprise rate cut. Some say that the global growth engine’s econ...
George Soros Deals a Big Blow to Tesla Rival Rivian
It’s been a somewhat hectic August for Rivian (RIVN) . The startup, which is presented as one of Tesla’s (TSLA) most serious rivals in the race for electric vehicles, is currently accu...
Over 1.7 Million Fords And Lincolns Are At Risk Of Being Recalled
Automotive giant Ford (F) back in 2020 recalled over 488,000 Ford Edge and Lincoln MKX cars over problems with its brake hoses, as over 50 drivers complained that their brake hose ruptured with no w...
Meme-Stock Investors Are Back! Sort of, Anyway
Individual investors have waded back into the stock market after laying low through the worst of this year’s selloff. But don’t call it a comeback yet. So-called retail investors in the last two week...
Meme stock Bed Bath & Beyond ‘decoupled from economic reality’ but now getting crushed; it isn’t alone
This is an eventful time for meme stocks, as evidenced by Bed Bath & Beyond’s rollercoaster week. Shares of the troubled retailer skyrocketed recently, driven by the Wall Street Bets crowd on Redd...