Customers wearing protective masks look inside a vehicle for sale at a Ford Motor Co. dealership in Colma, Calif., Feb. 1, 2021. David Paul Morris | Bloomberg | Getty Images DETROIT — As automakers seek Tesla-like benefits on new electric vehicles, they face an existential question: how best to bring franchise car dealerships with them … Read more
On Friday, CNBC’s Jim Cramer told investors to avoid Nasdaq Composite stocks and place their bets on names listed in the Dow Jones Industrial Average. “Even though tech started the new year well and it was crazy today, the rankings, as interpreted by Larry Williams, say be a little wary of the Nasdaq show horses … Read more
Brendan McDermid | Reuters Amazon will start charging delivery fees for fresh grocery orders under $150, which it says will help keep prices for its services low. Starting Feb. 28, Prime members who want home delivery by Amazon Fresh will incur a $9.95 delivery fee for orders under $50, while orders between $50 and $100 … Read more
American Express, Visa and Mastercard signage is displayed in a storefront in New York. Scott Eells | Bloomberg | Getty Images Find out which companies are making headlines in the midday business. American Express – The credit card company saw its shares jump 11% after it released upbeat earnings and revenue forecasts for 2023 that … Read more
Pat Gelsinger, CEO of Intel Corporation, testifies during the Senate Commerce, Science and Transportation Hearing on Semiconductors titled Developing Next-Generation Technology for Innovation, in the Senate Building of Russell on Wednesday, March 23, 2022. tom williams | CQ-Roll Call, Inc. | Getty Images Intel Shares continued to slide on Friday, dropping as much as 10% … Read more
An American flag is seen outside the New York Stock Exchange (NYSE) in New York, January 26, 2023. andrew kelly | Reuters Here are the most important information investors need to start their trading day: 1. On a roll Stocks are heading for a winning week after Thursday’s strong session. The gross domestic product print … Read more
Intel said on April 5, 2022 that it had suspended all business operations in Russia. Pictures by Paco Freire/Sopa | Light flare | Getty Images Check out the companies making headlines before the bell: Intel — The chipmaker suffered a 9% loss in its shares early in the morning after its latest financial results missed … Read more
US President Joe Biden previously pointed the finger at Exxon Mobil for making “more money than God” last year. Brandon Bell | Getty Images Some of the world’s biggest oil and gas companies are poised to report record annual profits, raking in extraordinary revenues after a year of volatile fossil fuel prices amid Russia’s assault … Read more
Removing molten iron from a pilot-scale facility at Boston Metal’s facility in Woburn, Mass. Photo courtesy of Boston Metal The $1.6 trillion steel industry is the backbone of the modern world. It is also a significant contributor to global warming, accounting for between 7% and 9% of global carbon dioxide emissions, according to the World … Read more
Adani shares plunge further for second straight day of losses Shares of Adani Group companies continued to post steep losses for a second consecutive trading session in India after short-selling firm Hindenburg announced its short position in the conglomerate companies earlier this week. Adani refuted the allegations in two separate statements, adding that the group … Read more
