Plus, Royal Caribbean reported a wider-than-expected loss as the COVID delta variant slows bookings, Kroger is teaming up with Kitchen United to put ghost kitchens in its grocery stores, and Zymergen shares plummet after company says product revenues would be “immaterial” in 2022.
Read MorePlus, Twitter also delivered a beat, Boston Beer cited disappointing demand for its hard seltzer as cause for its earnings results miss, and Alphabet launched a new robotics software startup.
Read MorePlus, Coca-Cola said its second quarter revenue topped 2019 levels, Bitcoin is rebounding, and Ford is partnering with Argo AI and Lyft on an autonomous vehicle fleet.
Read MorePlus, Canada said it will allow cruise ships to operate in its waters beginning on November 1, Moderna is joining the S&P 500 next week, and Lordstown Motors confirmed it is being investigated by the Justice Department.
Read MorePlus, Walgreens delivered better-than-expected earnings results, GM said its vehicle sales in the second quarter were slightly lower than expected, and Amazon is opening a “Development Center” in Helsinki to focus on new technology for autonomous delivery vehicles.
Read MoreAs a value investor, the search for stocks trading at useful values gets more difficult the longer bullish conditions extend themselves.This week, the market has broken above top-end resistance and appears to be building a new set of bullish short-term momentum. That’s generally good news for stocks you’re already holding, but it complicates the process […]
Read MorePlus, Olive Garden-parent Darden said its same-store sales have nearly returned to pre-pandemic levels, Elon Musk said SpaceX’s Starlink will go public when its cash flow is more predictable, and jobless claims came in above expectations.
Read MorePlus, Regeneron said its antibody cocktail reduced the risk of death by 20% among hospitalized COVID-19 patients, Oracle disappointed on earnings guidance, and Diageo inked a multi-year deal with the NFL.
Read MorePlus, the U.S. and EU resolved their 17-year long Boeing-Airbus trade dispute, GM is partnering with Wabtec to develop and commercialize electric locomotives, and Best Buy is expanding into luggage and outdoor grills.
Read MorePlus, Bitcoin dropped as low as $31,035, Chipotle is raising menu prices as ingredients and labor costs rise, and Ferrari appointed a new CEO.
Read MoreTraders say one EV maker is a better long-term bet, while the other could see a big gain in the short-term. Here’s why.
Read MorePlus, United is buying 15 planes from Boom Supersonic, Twitter announced its new subscription service, and Ford is building a new small pickup truck.
Read MorePlus, Royal Dutch Shell has been ordered to slash emissions by 45% by 2030, Ford is boosting its spending on electric vehicles to $30 billion over the next four years, and Dick’s Sporting Goods delivered an earnings beat.
Read MorePlus, Ford officially unveiled its electric F-150 Lightning pickup truck, Virgin Galactic announced a new test flight for Saturday, weekly jobless claims fell to a new pandemic low, and Oatly shares debuted at $22.12.
Read MoreEven before the coronavirus pandemic started to take down entire sectors of the economy last year, the Auto industry was experiencing quite a bit of bearish pressure. Sales were down globally, reflecting economic slowing in various parts of the world as well as the effects of an extended trade war between the U.S. and China […]
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