Apple (AAPL) reported its Q2 2022 earnings after the bell Thursday, beating analysts expectations on the top and bottom line and recording record revenue despite continued supply chain disruptions. He...
Tag: Disruptions
Tesla Stock Is Dropping Like a Stone. There’s No New Reason.
Text size Tesla cars parked in a lot at a Tesla factory. Justin Sullivan/Getty Images Tesla shares opened higher Thursday, then promptly fell. It isn’t easy to find anything new spooking investors. Sh...
Tesla Stock Is Pricing in $37 of Twitter Fear. Here’s How We Know.
Text size CEO of Tesla Motors Elon Musk Suzanne Cordeiro/AFP via Getty Images Tesla and Twitter stocks are linked, for at least a little while, as investors wonder how Tesla CEO Elon Musk will fund th...
Ford’s Earnings Took a Huge Hit From Rivian. Wall Street Is Happy Anyway.
Text size Ford’s shares have moved about 7% or 8%, up or down, on average after the past four quarterly reports. Justin Sullivan/Getty Images Ford Motor reported first-quarter earnings that mode...
Twitter Stock Falls on Fears Musk Might Abandon Deal
Text size One merger arbitrager says the Twitter deal’s conditions are “seller-friendly.” Scott Olson/Getty Images Twitter shares are falling Wednesday as investors worry that Elon M...
QuantumScape Stock Falls. Earnings Aren’t the Problem.
Text size Investors know that significant sales are still years away for QuantumScape. Courtesy QuantumScape Solid-state battery technology company QuantumScape reported a wider-than-expected loss for...
FAA, airlines to meet on Florida flight disruptions as travel booms
Travelers look at a display board showing cancelled and delayed flights at Orlando International Airport on New Year’s weekend, despite thousands of flight cancellations and delays across United...
PS Business Parks to Be Bought for $7.6 Billion By Blackstone. The Stock Soars.
Text size Blackstone bought PS Business Parks shortly after acquiring American Campus Communities , a student-housing company. Dreamstime PS Business Parks stock soared on Monday after the commercial ...
Big Pension Sells GM and Nvidia Stock. It Bought Ford and Intel.
Text size GMC vehicles Brandon Bell/Getty Images Alabama’s pension has made some intra-sector trades among its bigger investments. Retirement Systems of Alabama slashed an investment in General Motors...
These Stocks Got Hot During the Pandemic. Now They’re Cooling.
The pandemic spawned a new universe of stock-market stars. Some are now coming back to Earth. The onset of Covid-19 changed the way people worked, shopped and dined, helping companies such as videocon...
Gap stock sinks 18%, heads for lowest close since July 2020
Gap Inc. stock plunged 18% in Friday trading after the company announced Old Navy’s Chief Executive Nancy Green is leaving the role, and the company lowered first-quarter sales expectations. Green is ...
Facebook Is Broken. Execs Say a Fix Won’t Come Fast.
Meta Platforms, the former Facebook, has come under heavy fire from Congress, regulators, and even its own users, but there has been nothing like the crisis it now faces. Its core business is decelera...
For Ackman’s Pershing Square, a Record of Big Hits and Misses
Pershing Square Capital’s William Ackman has had some successes in recent years, but also some big flops, with Netflix being the latest example. Bryan Bedder/Getty Images for The New York Times ...
AT&T Shareholders Who Sell Warner Bros. Stock Face Tax Complexities
Text size AT&T shares have risen 10% since April 8. Stefani Reynolds / AFP via Getty Images Since the AT&T spinoff of its 71% stake in Warner Bros. Discovery to its shareholders on April 8, ma...
Kindergarten Vaccination Rates For Measles, Mumps, Tetanus Fell Due To Pandemic Disruptions, CDC Says
Topline The proportion of U.S. kindergarteners vaccinated against diseases like measles, mumps and tetanus decreased by about one percentage point during the 2020-2021 school year, as the Covid-19 pan...
IBM Stock Soared. Why the 111-Year-Old Tech Company Outperformed Today.
Text size IBM’s results lifted other low-multiple, legacy-tech stocks including Oracle and HP. Miguel Medina/AFP via Getty Images Score one for the old timers. On a day when Netflix stock plunge...
Tesla cruises past analysts’ Q1 expectations, despite production disruptions
Tesla (TSLA) reported its Q1 earnings after the bell Wednesday, beating analysts’ expectations on the top and bottom line and recording a record quarter with revenue up 81% year-over-year. Here ...
IBM stock rises following Street beat, optimistic outlook despite lost Russia business
International Business Machines Corp. shares rose in the extended session Tuesday after Big Blue forecast an optimistic 2022 with the only headwind being a loss of Russian business following quarterl...
Alibaba, Bilibili, and China Tech Stocks Slide on Livestreaming Crackdown
Text size DiDi headquarters in Beijing. AFP via Getty Images Chinese technology stocks stumbled Tuesday in Hong Kong amid tighter regulations from Beijing on the country’s livestreaming sector, and on...
Stocks Are Struggling After Earnings. Nvidia, AMD, and Others That Could Soar.
Text size Stock in Advanced Micro Devices has plunged this year. Dreamstime The latest corporate earnings news isn’t giving stocks a lift, but it is still possible to find shares that can jump in resp...
DiDi Global Stock Sinks on Plans for U.S. Delisting
Text size The Didi ride-hailing app is displayed on a smartphone. Qilai Shen/Bloomberg DiDi Global shares sank in premarket trading Monday after the Chinese ride-hailing company said it was preparing ...
Twitter Is the S&P 500’s Top Performer in April. Nvidia Is the Worst.
Text size Target store shopping carts in Miami. Joe Raedle/Getty Images It’s been a volatile month for stocks as investors have navigated a complex macroeconomic minefield — from rising interest rates...
Big Investor Sold AMC and Apple Stock. It Bought PayPal and Pfizer.
Text size An AMC theater Dreamstime A large European asset manager slashed its investment in the volatile shares of a movie-theater chain, and made other changes in its U.S.-traded stock portfolio. DN...
Tesla CEO Elon Musk Will Have No Trouble Financing Twitter
Text size Tesla Motors CEO Elon Musk at the “Cyber Rodeo” opening party, April 7, 2022, in Austin, Texas. AFP via Getty Images Rich people rarely have to pay cash. Tesla CEO Elon Musk has ...
Costco Thrives by Mastering Traditional Retailing. Now It’s Challenging Amazon.
Illustration by Elias Stein Text size Costco Wholesale is challenging Amazon.com by keeping things simple: limited selection, low prices, good execution. With just 7% of its sales online, it’s the ant...
Worried About a Recession? Buy IBM Stock, Morgan Stanley Says.
Text size IMB stock is a buy according to Morgan Stanley. Dreamstime Worried about recession? Then maybe you want to take a fresh look at IBM stock. That advice comes courtesy of Morgan Stanley analys...
EV Battery Firm QuantumScape Stock Is Rising
Text size Car batteries at a factory. STR/AFP via Getty Images Electric-vehicle battery technology company QuantumScape picked up a new rating. It’s lukewarm, but the stock is rising Wednesday. Deutsc...
Sierra Oncology Stock Soars After $1.9 Billion Takeover by GSK
Text size The deal comes ahead of GlaxoSmithKline’s planned spinoff of its consumer health division in July. AFP via Getty Images GlaxoSmithKline has agreed to buy U.S. rare cancer therapy compa...
Antares Pharma Stock Soars After $960 Million Halozyme Buyout
Text size Nasdaq-listed Antares Pharma is being bought by Halozyme Therapeutics in a deal valued at $960 million. Michael Nagle/Bloomberg Shares of Antares Pharma surged more than 47% in premarket tra...
Sierra Oncology Stock Soars After $1.9 Billion Takeover by GlaxoSmithKline
Text size AFP via Getty Images GlaxoSmithKline has agreed to buy U.S. rare cancer therapy company Sierra Oncology for $1.9 billion in cash, as it looks to boost its portfolio of new specialty medicine...
Kohl’s Stock Climbs on Reports of a $9 Billion Offer From Franchise Group
Text size Kohl’s stock has risen this year on hopes for a buyout. Justin Sullivan/Getty Images Kohl’s stock climbed on a report Tuesday that Franchise Group is the latest company to throw its ha...
Snowflake stock surges after analyst says its story is misunderstood
Snowflake Inc.’s stock isn’t cheap despite a recent decline, but one analyst says it’s still worth a look from investors. Wolfe Research analyst Alex Zukin initiated coverage of Snowflake’s SNOW, +7.5...