Text size Photograph by Mike Mozart Trading in AT&T stock on Monday may confuse some investors, because the base share price has been adjusted to reflect the closing on Friday of the merger of AT&...
Tag: Disruptions
JetBlue is cutting its summer schedule to avoid further flight disruptions
JetBlue planes at New York’s John F. Kennedy International Airport Leslie Josephs | CNBC JetBlue Airways is planning to trim its summer schedule to avoid flight disruptions as it scrambles to hi...
Stock Splits Are Popular Again. 5 Companies That Could Split Their Stocks Next
Stock splits are back in vogue, and the market is quickly rewarding companies that divide their shares. Google parent Alphabet , Amazon.com , Tesla , and GameStop are among the latest companies to see...
Ford Stock: Auto Industry Problems Growing, Car Stock Enthusiasm Wanes
Text size The Ford logo is displayed on the sales lot at the Ford Store in San Leandro, California. Justin Sullivan/Getty Images The auto sector faces a number of headwinds that are too much for one a...
UPS Stock Is Down For a Seventh Straight Day. Here’s Why.
Text size UPS stock is on a seven-day losing streak. Alex Wong/Getty Images United Parcel Service stock is on an ignominious streak, falling for seven consecutive days. There hasn’t been much compan...
Rivian’s Production of Electric Trucks More Than Doubles. The Stock Falls.
Text size Courtesy Rivian Production at Rivian Automotive grew in the first quarter from the fourth, but the stock was falling Wednesday. Rivian (ticker: RIVN) reported first-quarter production on Tue...
Elon Musk Is Suddenly Twitter’s Largest Shareholder: Here’s a List of the Top 10 Holders
In 2021, billionaire CEO Elon Musk reached several milestones across Tesla, SpaceX and Starlink. WSJ reporters Rebecca Elliott and Micah Maidenberg break down some of his biggest moments in 2021 and w...
Missed the Dip in Stocks? Where to Find Yields of 3% to 6%.
I sneezed, and missed the buying opportunity in stocks. The S&P 500 was down 13% at one point this year. It ended the first quarter with a loss of just 4.6%, including dividends. But all of the ba...
GM and Ford Shares Are Falling. Vehicle Recalls May Be Taking a Toll.
Text size A Ford Motor plant Scott Olson/Getty Images General Motors and Ford Motor both announced vehicle recalls Friday. Investors appear nervous, as both shares are falling, but that’s probably an ...
Tesla Deliveries Met Wall Street Estimates. Here’s What Comes Next for Shares.
Tesla reported first-quarter deliveries in line with expectations. Here, new Tesla cars sit in front of a Tesla dealership in Corte Madera, Calif., last year. Justin Sullivan/Getty Images Text size Te...
Intel CEO Gelsinger’s reaps near-$180 million windfall from ‘significant magnitude’ of new-hire awards
Pat Gelsinger had a very, very good year in 2021. He started the year as VMware Inc.’s VMW, -2.00% chief executive officer, where he took in total compensation of $16.5 million during the fiscal year ...
Costco Stock Is Near Record Highs. Why It Could Keep Climbing.
Text size Costco stock currently trades at more than 41 times forward earnings. Justin Sullivan/Getty Images While many retailers have floundered in 2022 on fears that inflation will cut into consumer...
MicroStrategy to borrow against its bitcoin holdings to buy more of the cryptocurrency
MicroStrategy has been conducting a strategy for some time of using its data analytics business to fund the purchase of bitcoin. Now it’s taking that strategy one step further — it’s borrowing, agains...
Malaysian Billionaire Brothers’ Press Metal To Raise $231 Million To Boost Capacity Amid Supply Disruptions
Koon Poh Keong is group chief executive of Press Metal Aluminium Holdings. PHOTO BY JOSHUA PAUL GILBERT FOR FORBES Press Metal Aluminium Holdings—controlled by billionaire Koon Poh Keong and his broth...
Apple Stock Is on Its Hottest Winning Streak Since 2003. What Happens Next.
Text size Apple stock is on a historical tear. Sascha Steinbach/Getty Images for Apple Apple stock hasn’t had a winning streak this hot since spring 2003. Shares in Apple (ticker: AAPL) have climbed i...
Hycroft Mining stock’s ‘memester’-induced rocket ride is making AMC a lot of money
Shares of Hycroft Mining Holding Corp. rallied in very active trading Tuesday, as the gold and silver miner enjoyed its new meme-like status, with help from new investor AMC Entertainment Holdings Inc...
Target Prices for Ford and GM Are Slipping. Tesla Is Holding Up Better.
Text size The assembly line at a General Motors plant in Michigan, in 2012. Bill Pugliano/Getty Images Wall Street is taking a less upbeat view of the stock-price outlook for General Motors and Ford M...
QuantumScape May Bring Drivers an All-Electric Porsche 911, Report Says
Text size Porsche aims to have 80% of its sales come from all-electric cars by the end of the decade. Courtesy Porsche Iconic sports cars are going electric. The Ford Mustang has the all- electric Mac...
NeoGenomics stock plunges more than 20% as CEO departs after disappointing quarter
NeoGenomics Inc. Chief Executive Mark Mallon stepped down Monday as the health-testing company revealed that first-quarter financials will miss guidance and rescinded its forecast for the full year, s...
Boeing’s 737 MAX 10 Faces Delays. It Might Not Be a Major Problem.
Text size A Boeing 737 MAX 10 airliner. Ellen Banner-Pool/Getty Images Boeing stock is lower Monday morning. The company’s regulatory woes might be creating another overhang in the shares. The new iss...
Apple Stock Falls and Suppliers Decline on Report of iPhone SE Output Cuts
Text size The next-generation iPhone SE Courtesy Apple Shares of Apple and the tech giant’s suppliers were falling early Monday following a Nikkei Asia report that said Apple plans to make about 20% f...
XPeng Earnings Are Coming Monday. Here’s What To Expect.
XPeng shares are down about 46% this year, far worse than the 5% drop in the S&P 500. Hector Retamal/AFP via Getty Images Text size Chinese electric vehicle maker XPeng will report fourth quarter ...
GameStop stock shows rare resiliency as it rises to longest win streak in more than 4 years
Shares of GameStop Corp. continued to charge higher Friday, to extend the win streak that started nine trading days ago, after they closed at a one-year low. The videogame and consumer electronics ret...
Tesla Stock Has Been on a Tear. Can Deliveries Data Keep It Going?
Text size New electric cars at the official opening of the new Tesla manufacturing plant on March 22 in Germany. Christian Marquardt/Getty Images A Tesla Model S Plaid can go from 0 to 60 in just two ...
8 Stocks That Are Negative Since Pandemic Low—and 1 That Just Turned Positive
Text size Chris Delmas/AFP via Getty Images Intel stock on Friday capped off its best week in more than a year. The stock’s surge helped shares break above the $50 mark, and also propelled the company...
The 8 Stocks in the S&P 500 That Are Still Negative Since the Pandemic Lows
Text size Chris Delmas/AFP via Getty Images Intel stock on Friday capped off its best week in more than a year. The stock’s surge helped shares break above the $50 mark, and also propelled the company...
What Ryan Cohen’s Insider Buys Say About GameStop’s True Value
Text size GameStop stock can take investors on a wild ride. Justin Sullivan/Getty Images Just when meme stocks seemed down for the count, Chewy co-founder Ryan Cohen stepped in and bought 100,000 shar...
GameStop Stock Was on a Tear. Ryan Cohen Bought More Shares.
Chairman Ryan Cohen snapped up 100,000 more shares in GameStop, boosting his holding to 11.9%. Michael M. Santiago/Getty Images Text size GameStop stock has been on an absolute tear over the past seve...
What to Know About the Boeing 737 Crash in China
Text size Rescuers head to the site of a plane crash in southern China on March 22, 2022. STR/AFP via Getty Images A Boeing 737-800 carrying 132 passengers and crew members crashed in southern China o...
ChargePoint and Toyota Team Up on EV Charging
Text size Toyota’s bZ4X is due to hit U.S. roads in mid-2022. Courtesy Toyota Electric-vehicle charging company ChargePoint announced a new partnership with Toyota Motor on Tuesday. The agreemen...
Opinion: GameStop shares soar 30% and take other meme stocks on a ride, after Reddit poster touts shares at a ‘58.2%’ discount
The thing about meme stocks is that sometimes they move like meme stocks. Shares of GameStop GME, +14.50% and AMC Entertainment AMC, +13.58% rocketed upward Tuesday, helping to create a draft for rela...
WD-40 Stock Soars After Earnings. Analyst Expects Better Times.
Text size The price of crude oil is a key point to watch for WD-40 stock. Dreamstime The maintenance and cleaning products company WD-40 is likely finished with cutting its financial forecasts, and be...