WeWork is in talks to combine with a special-purpose acquisition company, according to people familiar with the matter, a deal that would usher the office-leasing company into the public markets more than a year after its high-profile failure to stage a traditional initial public offering.
Tesla Inc. says its production plan for its new electric Semi heavy-duty truck remains in a low gear because the special battery cells the big rig needs are in short supply.
Visa Inc. rode strong debit-card and e-commerce trends to better-than-expected earnings and revenue Thursday while also announcing a new $8 billion buyback program.
Interactive Brokers Chairman Thomas Peterffy explains the rationale behind his brokerage firm’s decision to put restrictions on investing in companies like GameStop Corp., citing systemic risk as one of his biggest worries.
Koss Corp., whose stock is among those skyrocketing in recent weeks amid support from the WallStreetBets message board, swings to a profit in its second quarter.
Shares of videogame retailer GameStop Corp. and theater chain AMC Entertainment Holdings Inc. regained some ground after hours Thursday following a drop in the regular session when brokerages set restrictions on trading.
Lawmakers and market observers are increasingly calling for congressional inquiries and regulatory actions against those responsible for growing bubbles in individual securities including GameStop Corp. GME and brokers that have halted purchases of such stocks, which have posted sharp declines Thursday.
Western Digital Corp. stock rose more than 10% after hours Thursday after the company reported fiscal second-quarter results that it said “captured strength” in its retail business as demand has risen amid the coronavirus pandemic.