Twitter users have complained a lot about Elon Musk’s early moves after taking control of the social network, but their complaints seem tiny compared with what Tesla Inc. investors have had to suffer....
Tag: Corporate/Industrial News
Tesla Stock Keeps Falling as Elon Musk Sells
Elon Musk sold Tesla stock on Friday, Monday, and Tuesday. Investors were following his lead on Wednesday. Although the stock (ticker: TSLA) traded higher at points early in the day, the gains didn’t ...
Plug Power Missed Sales Estimates By a Mile. Wall Street Isn’t Worried.
Hydrogen fuel-cell technology company Plug Power reported third-quarter results that fell way short of Wall Street expectations, but analysts still believe the company’s future is very bright. Tuesday...
Lucid Stock Plunges as Reservations for Cars Drop
Electric-vehicle maker Lucid turned in respectable third-quarter earnings and stuck with its forecast for vehicle shipments this year, but the stock was dropping. Reservations were the issue. Lucid (t...
Binance Takeover of FTX Is a Huge Red Flag for Crypto
One of the most dangerous moments in any hurricane is when the eye passes. Gale winds give way to calm, tempting those hunkering down to come out and assess the damage only to find that more of the st...
Plug Power results come in below Street view following warning
Plug Power Inc. shares fluctuated between small gains and losses in the extended session Tuesday after the hydrogen- and fuel-cell systems company made good on its warning a few weeks ago and results ...
Here’s the trouble under the hood at Warren Buffett’s Berkshire Hathaway
It’s midterm day in America, so pack your weapon (where legally permitted), have your local election lawyer on speed dial and get out the popcorn. U-S-A, U-S-A. More on that later. The company lost $2...
Microsoft Deal, Not Earnings, Is the Focus for Activision Stock
Wall Street barely reacted to Activision Blizzard’s third-quarter results on Monday because investors are much more focused its deal to be acquired by Microsoft for $69 billion in cash. Activision Bli...
Digital Ocean Earnings Raise More Big Questions About the Cloud
DigitalOcean posted better-than-expected third quarter results, but the provider of cloud-based computing service to small- and medium-size businesses offered guidance for the fourth quarter that fell...
Philip Morris Declares Victory in Bid for Swedish Match
Philip Morris International is pushing ahead with its takeover of smaller tobacco rival Swedish Match despite falling short of winning over shareholders with around 90% of the target’s stock. On Monda...
‘My adviser has gone dark.’ My account has $500K in it, and I can’t get a hold of my adviser right now. What’s my move?
How to find the right finanical adviser Getty Images/iStockphoto Question: My business has a SIMPLE IRA (Savings Incentive Match Plan for Employees) for employees who want to participate after one yea...
Deutsche Bank Faces Threat of Fines Over Money-Laundering Controls
Germany’s top financial watchdog threatened to fine Deutsche Bank AG if it doesn’t implement controls against money laundering by a set deadline, suggesting the regulator isn’t satisfied with the bank...
Opinion: A switch to ‘premium’ can keep you invested amid the tech wreck in stocks
It seems as if the stock market is punishing all technology companies regardless of performance. That underlines a set of opportunities for long-term investors. There were many eyes on this cycle of t...
Rohit Chopra is cracking down on big banks and Big Tech. Is he out of control?
In March, Rohit Chopra was invited to give a virtual speech at the University of Pennsylvania, an Ivy League school known for churning out finance-minded graduates who fill the rosters of Wall Street ...
Pfizer Stock’s Post-Covid Future Looks Healthy
These reports, excerpted and edited by Barron’s, were issued recently by investment and research firms. The reports are a sampling of analysts’ thinking; they should not be considered the views or rec...
Disney overtook Netflix as the streaming leader, and is expected to widen the lead
Walt Disney Co. displaced Netflix Inc. as king of the video-streaming market, and it is expected to widen the gap. Disney DIS, +0.33% seized the mantle three months ago as its potent content troika of...
DraftKings stock suffers worst day on record as ‘patience remains thin’ with gambling company’s losses
Shares of DraftKings Inc. suffered their worst daily performance on record Friday, after the sports-betting company topped revenue expectations but appeared to spook investors with its discussion of c...
Oil Companies Lift Their Dividends as Cash Rolls In
It was a busy week for dividend increases at energy companies, a bonus for investors who have scored as the stocks have taken off this year. The sector is prospering as Russia’s war against Ukraine ha...
Here’s strong new evidence that a U.S. stock-market rally is coming soon
Yet another piece of the investor-sentiment puzzle is falling into place to support a sizeable U.S. stock-market rally. I’m referring to an index that measures investors’ confidence that any market di...
Disney stock tumbles to worst day since 2001 after ‘massive earnings downgrade’
Walt Disney Co. has a profit problem, and that’s helped send shares of the media giant to their worst daily performance in more than two decades. Though Disney DIS, -13.16% notched record sales during...