Text size Tellurian said it withdrew the bond deal “due to uncertain conditions in the high-yield market.” Spencer Platt/Getty Images Tellurian shares were tumbling Tuesday after the natur...
Tag: Rapid Response
Bitcoin Slumps to Lowest Since Late 2020, Ether Tumbles on Fed Jitters
Text size Bitcoin, the world’s largest cryptocurrency, has declined nearly 60% this year. Dreamstime Bitcoin fell Monday and other cryptocurrencies followed it lower ahead of what’s expected to ...
Goldman Sachs Is Preparing Layoffs. Tech Isn’t the Only Industry Cutting Jobs.
Text size Goldman Sachs is putting together a plan to lay off employees, according to reports. Jason Alden/Bloomberg Goldman Sachs is putting together a plan to lay off employees, according to media r...
Carvana Stock Is ‘Grossly Undervalued,’ Analyst Says
Text size Carvana stock has lost 84% this year. Mark Ralston / AFP via Getty Images Declining prices for used cars, rising interest rates, and a series of regulatory challenges have pummeled Carvana s...
Why Guggenheim’s Scott Minerd Sees Stocks Falling Another 20% by Mid-October
Text size Scott Minerd says ‘we should see a really sharp adjustment in prices very fast.’ Patrick T. Fallon/AFP via Getty Images Guggenheim Securities Chief Investment Officer Scott Miner...
Tesla Is Planning a New Business
Text size Tesla has new plans to lower its lithium-ion battery costs. Ronny Hartmann/AFP via Getty Images Auto makers around the world are scrambling to secure raw materials to expand battery capacity...
Tesla’s Planning a New Business. It’s a License to Print Money, Says Musk.
Text size Tesla has new plans to lower its lithium-ion battery costs. Ronny Hartmann/AFP via Getty Images Auto makers around the world are scrambling to secure raw materials to expand battery capacity...
DocuSign Stock Surges on Earnings Beat, Boost to Billings Forecast
Text size Courtesy DocuSign Shares of DocuSign were surging Friday after the e-signature company posted quarterly earnings and revenue that topped analysts’ estimates and raised its forecast for fisca...
Rivian Stock Jumps. It Will Make All-Electric Commercial Vehicles With Mercedes.
Text size Rivian makes electric delivery vans for Amazon. Mustafa Hussain/Getty Images Rivian Automotive and Mercedes-Benz will partner to build all-electric commercial vehicles. Investors didn’t expe...
FuelCell Reports Strongest Quarterly Revenue in 5 Years. The Stock Still Falls.
Text size FuelCell reported revenue of $43.1 million for its fiscal third quarter. Jung Yeon-je /AFP via Getty Images FuelCell Energy shares traded lower Thursday as the producer of units that make el...
Crude Oil Prices Tick Higher After Putin Threatens to Let Europe ‘Freeze’
Text size Russian President Vladimir Putin Mikhail Klimentyev/SPUTNIK/AFP via Getty Images Oil prices inched up on Thursday after Russian President Vladimir Putin hinted that he might tear up supply c...
Oil Prices Tick Higher After Putin Threatens to Let Europe ‘Freeze’
Text size Russian President Vladimir Putin Mikhail Klimentyev/SPUTNIK/AFP via Getty Images Oil prices inched up on Thursday after Russian President Vladimir Putin hinted that he might tear up supply c...
UiPath Stock Sinks on Cut to Fiscal-Year Revenue Forecast
Text size UiPath, the robotic-process automation software company, cut its revenue outlook for the fiscal year. Courtesy UiPath UiPath stock was sinking Wednesday after the robotic-process automation ...
Ford and Rivian Recall Some EVs
Text size Rivian and Ford have recalled some of their EVs including the R1S, R1T and Mustang Mach Es. Courtesy of Rivian Ford Motor and Rivian Automotive recalled some electric vehicles. EV recalls ar...
Tesla Stock Takes Hit From Nvidia’s Warning About Business With China
Text size Production at Tesla’s Shanghai Gigafactory could face another supply problem in coming months. Xiaolu Chu/Getty Images Nvidia ’s new chip problem can impact shares of some chip custome...
The Euro Hit Parity With the Dollar Again. This Time, the Weakness Might Last.
Text size The euro is at parity with the dollar. Photo by INA FASSBENDER/AFP via Getty Images The euro fell enough to achieve parity with the dollar again. Don’t be surprised to see more weakness in t...
Wall Street Waited Too Long to Abandon FedEx Stock. It’s Too Early to Buy.
Text size FedEx will be closing FedEx Office locations to save money. Mario Tama/Getty Images Wall Street is piling on as FedEx stock plunges. Contrarian investors might want to snap up shares on the ...