All of Nikola’s revenue in the second quarter was connected to solar installations for one of the company’s executives.
Kategorie-Archiv: CNBC Financial News
Popeyes parent’s revenue falls 25% despite chicken chain’s soaring same-store sales
Popeyes, powered by its popular chicken sandwich, reported same-store sales growth of 24.8%.
College students are buying stocks – but do they know what they’re doing?
A lot of college students are starting to get into the investing game amid the coronavirus lockdown thanks to easy-to-use apps. But critics say they don’t know what they’re doing and they’re getting played by Wall Street pros. Is that true or are they doing their homework? This story is part of CNBC’s „College Voices 2020“ series.
PayPal poaches Wells Fargo’s innovation executive Peggy Mangot for venture capital team
PayPal, a pioneer in online payments, is on a tear, posting record quarterly results last month as the coronavirus pandemic accelerated e-commerce and digital payments trends.
Kodak reportedly under SEC investigation over disclosure of U.S. drug producing deal
The SEC’s probe, which is still at an early stage, is focused on how Kodak disclosed the deal with the government, the Journal reported, citing people familiar with the matter.
PayPal poaches Wells Fargo’s innovation executive Peggy Mangot for venture capital team
PayPal, a pioneer in online payments, is on a tear, posting record quarterly results last month as the coronavirus pandemic accelerated e-commerce and digital payments trends.
Stocks making the biggest moves premarket: Apple, CVS, Blackstone, Wynn Resorts and more
Some are the stocks posting the largest moves before the bell on Wednesday.
Fed Vice Chair Clarida still sees the economy staging a comeback this year
The central bank’s director of bank supervision said he hasn’t changed his forecast despite a swell in Covid-19 cases that have caused a general slowing in resumption of activities
Moderna’s second-quarter revenue jumps fivefold on coronavirus vaccine development
Moderna said it has begun talks with multiple countries to supply its potential coronavirus vaccine, called mRNA-1273, and has already received about $400 million in deposits as of July 31.
Singapore’s top banks are reporting earnings this week. Here’s what to expect
The three largest Singapore-listed banks are expected to report another quarter of lackluster financial results due to the coronavirus pandemic and ultra-low interest rates globally.