Nikola Corporation, which makes battery-electric and hydrogen-electric trucks, has more than doubled since it began trading on June 4.
Big jobs gain ‚has bought the Fed some time,‘ but more help eventually will be needed
In addition to signaling a possible turn in the economy, the big job gains in May give the Federal Reserve some more wiggle room before its next policy move.
Dems, GOP continue to spar over extension of extra $600 in unemployment benefits
Democrats and Republicans in Congress are butting heads over the extension of enhanced unemployment payments past July, when they’re scheduled to expire.
Stocks making the biggest moves in the premarket: Target, Regeneron, Amazon, Eli Lilly & more
The stocks making the biggest moves in premarket trading include Target, Regeneron, Amazon, Eli Lilly, and more.
Stock market live updates: Dow to drop 900, reopening trades plunge, Hertz falls 25%
A conversation on the latest market-moving news.
Companies are making bold promises about greater diversity, but there’s a long way to go
Investors will hold U.S. companies accountable to diversify and be representative of the country at large.
U.S. pressure could accelerate growth for markets in Greater China
While U.S. authorities put pressure on Chinese assets, investors remain intent on chasing opportunities in the world’s second-largest economy.
Starbucks says it lost $3 billion in revenue in latest quarter due to coronavirus pandemic
Starbucks expects to swing to a loss in its fiscal third quarter as the company predicts it lost as much as $3.2 billion in revenue due to the pandemic.
Macy’s stock rally collapses, shares tumble after company warns ‚gradual‘ recovery ahead
During a virtual fireside chat with Cowen & Co. analyst Oliver Chen, Macy’s Chief Financial Officer Felicia Williams said the company does not expect sales trends to normalize until 2021 or possibly 2022.
Tiffany says same-store sales fell 44%, LVMH deal clearing regulatory hurdles
The U.S. jewelry maker said Tuesday in an earnings release that its same-store sales were down about 44% in the fiscal first quarter, but said demand has picked up again in China.