NIO Inc. said Monday that it has formed a committee to look into recent allegations that the China-based electric vehicle maker is using an affiliate battery maker to boost financial results. Short-se...
Tag: Financial Performance
Will Coinbase go bankrupt? Crypto CEO says there is ‘no risk of bankruptcy’
““We have no risk of bankruptcy.”” That’s a quote from Brian Armstrong, chief executive and co-founder of cryptocurrency exchange platform Coinbase COIN, -10.63%. In a series of tweets on May 10, Arms...
If this stock market is shaping up like 2008, here’s where we could be headed next, says strategist
Those looking for a bit of good news to start the week may have to cast the net further out. Stocks are tilting lower as COVID-19 cases flare up in China, threatening more lockdowns. And the plate was...
Fed Up With China, One Boss Tries Removing It From the Supply Chain
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Big Banks Report Earnings This Week. Here’s What Wall Street is Watching.
Text size CEO Brian Moynihan says Bank of America is always prepared for a recession because it has no choice but to be ready, Davis Turner/Getty Images The big banks start to report their earnings th...
These money and investing tips can help you hit the market’s curveballs
Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds and ETF stories emailed to you weekly! INVESTING NEWS & TRENDS These dividend stocks are reco...
Will earnings season trigger another leg lower for the Dow? Investors hunt for recession clues
Stock-market investors just can’t get off the merry-go-round this summer. A stronger-than-expected U.S. June jobs report on Friday calmed fears that the economy might have already slipped into recessi...
American Weed Stocks Are Cheap and About to Get a Sales Bump
The AdvisorShares Pure US Cannabis ETF is down 25% in the past month, while the S&P 500 dropped 7%. Courtesy of Trulieve Text size However bad the year has been for most stocks, it’s been especial...
American Weed Stocks Are Cheap, and About to Get a Sales Bump
The AdvisorShares Pure US Cannabis ETF is down 25% in the past month, while the S&P 500 dropped 7%. Courtesy of Trulieve Text size However bad the year has been for most stocks, it’s been real har...
GE Stock Gets a Big Cut but Investors Shrug It Off
Text size GE wind turbines. Sebastien Salom-Gomis/AFP via Getty Images The stock market is said to be forward looking. That seems to be the case headed into second-quarter-earnings season. Stocks are ...
These companies hopped on the crypto train when times were booming. Which are exposed in a downturn?
During recent cryptocurrency booms, companies have been quick to jump on the trend, whether by reorienting their entire businesses around the buzzy theme, building meaningful crypto features alongside...
Energy Stocks Are Cheap. Just Ask Warren Buffett.
Energy stocks are on sale, after a sharp selloff since oil and natural-gas prices peaked in early June. Oil is down 18% from its high, to $102 a barrel, while gas has fallen by a third, to about $6 pe...
Costco sees 20% bump in sales for June
Costco Wholesale Corp. saw a 20.4% bump in its June sales, the retailer reported Thursday. The company announced that it had $22.78 billion in net sales for the retail month of June, which spanned the...
Tesla Stock Today: Elon Musk’s Twins, EV Charging and What Else to Know
Text size It was revealed that Tesla CEO Elon Musk had twins last year with one of his top executives. Getty Images Shares of electric vehicle maker Tesla rose 1% in premarket trading Thursday. Here’s...
Netflix Q2 Subscriber Losses Could Be Worse Than Forecast, Analyst Warns
Text size The Netflix logo on top of its office building in Hollywood. Chris Delmas/AFP via Getty Images It’s now been almost three months since Netflix shocked investors with a very ugly first-quarte...
Rivian Cranked Up Production in Second Quarter at Illinois Factory
Rivian Automotive Inc. said it produced 4,401 vehicles in the second quarter, the latest in the electric-vehicle maker’s efforts to overcome parts shortages and production snarls to fulfill orders for...
Nvidia Stock Gets a Price Target Cut. Russia and China Will Hurt Sales.
Text size Nvidia has said that Covid-19 lockdowns in China, plus the suspension of sales in Russia, will reduce its second-quarter revenue by $500 million. Justin Sullivan/Getty Images Shares of Nvidi...