Tag: Rapid Response

Finance

GM vs. Ford Stock: Both Are Down, but One Has Near-Term Upside

06/01/2022
Bitcoin Ethereum News

Text size Ford vehicles are displayed on the sales lot at Serramonte Ford in Colma, California. Justin Sullivan/Getty Images Price targets for Ford Motor and General Motors have been coming down latel...

Finance

Oil Prices on Rise Again as OPEC Considers Suspending Russia From Output Deal

06/01/2022
Bitcoin Ethereum News

Text size Oil prices have surged above $100 a barrel since Russia’s invasion of Ukraine. David McNew/Getty Images Oil prices edged higher after briefly falling back on Tuesday following a report...

Finance

Should You Buy or Sell Rivian Stock? What One Analyst Says To Do Now.

05/31/2022
Bitcoin Ethereum News

Text size Electric-car maker Rivian went public on the Nasdaq in November. Courtesy of Rivian Wall Street is sticking with its Buy call for Rivian stock. Mizuho analyst Vijay Rakesh says that current ...

Finance

Yamana Gold Stock Surges on $6.7 Billion Gold Fields Deal

05/31/2022
Bitcoin Ethereum News

Text size Yamana Gold holders would receive 0.6 Gold Fields share for each share outstanding under terms of the proposed takeover. David Gray/AFP/Getty Images Yamana Gold stock surged on Tuesday after...

Finance

Qualcomm Keen to Buy Arm Stake in Chip Designer’s Upcoming IPO, CEO Says

05/31/2022
Bitcoin Ethereum News

Text size Qualcomm CEO Cristiano Amon hasn’t yet spoken to SoftBank about a potential investment in Arm, the FT reports. Mario Tama/Getty Images Qualcomm is keen to buy a stake in SoftBank Group...

Tech

Microsoft Joins the Tech Sector Hiring Slowdown

05/30/2022
Bitcoin Ethereum News

Text size The news comes after the tech giant said it would nearly double its worldwide budget for staff.  Lisa Maree Williams/Getty Images Microsoft said it is going to slow hiring in select division...

Finance

Tesla Investors Are Getting Fed Up With Elon Musk’s Twitter Takeover

05/30/2022
Bitcoin Ethereum News

Text size Musk has said “Tesla is on my mind 24/7.” Win McNamee/Getty Images Tesla shareholders are growing more vocal about their frustrations with Elon Musk’s $44 billion bid to take Twi...

Finance

DiDi Stock Rises on Report Chinese Auto Giant FAW Is Considering Buying Stake

05/28/2022
Bitcoin Ethereum News

Text size DiDi’s value has plummeted since it listed in the U.S. last year. Yan Cong/Bloomberg Shares of Chinese ride-hailing company DiDi Global gained after it was reported that carmaker China...

Finance

Apple’s iPhone 14 Production Could Be Worse Than Feared, JPMorgan Says

05/28/2022
Bitcoin Ethereum News

Text size An Apple employee hands over Apple iPhone. Sean Gallup/Getty Images China’s manufacturing problems in the wake of strict lockdowns to prevent the spread of Covid-19 may hit output of Apple ’...

Finance

Citigroup Stock Just Got Downgraded Because Shares Might Have Peaked

05/28/2022
Bitcoin Ethereum News

Text size Citigroup shares are down more than 10% so far in 2022 Mario Tama/Getty Images Citigroup was downgraded by Credit Suisse after the stock’s recent rise on the view that it won’t go much highe...

Finance

Broadcom Stock Has Gained on VMware Takeover. Its Dividend Could Rise 20%.

05/27/2022
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Text size Truist analyst William Stein calculates that Broadcom could raise its dividend by over 20% this year. Remus Rigo/Dreamstime.com The stock market has had a mixed reaction to Broadcom ’s inten...

Finance

Broadcom May Pay About $60 Billion for VMware With Announcement Thursday

05/25/2022
Bitcoin Ethereum News

Text size Broadcom’s acquisition of VMware would be one of the biggest deals of 2022 so far. Justin Sullivan/Getty Images Chip maker titan Broadcom may announce a deal to purchase software compa...

Finance

Tesla Stock Falls to an 11-Month Low. Why Snap Is to Blame.

05/24/2022
Bitcoin Ethereum News

Text size Cars at the Tesla factory in Fremont, Calif. Justin Sullivan/Getty Images Tesla stock is falling again in early Tuesday trading. The likeliest reason isn’t related to the electric-vehicle ma...