Umicore said it expects sales of its battery metals could be “equal or lower” than last year due to a “sharp slowdown in the growth of demand for EVs.”
The stocks of Nio and BYD fell Wednesday, following news that the European Commission plans to impose new tariffs on EVs from China of up to 38%.
Vera Bradley’s revenue also fell short of estimates in the fiscal first quarter.
Against a dim backdrop for software stocks this year, Oracle has beaten the pack, and many analysts say the company’s latest results show why that trend could persist.
Package-delivery giant to shed the jobs, mostly consisting of back-office and commercial workers.
Signs of cognitive decline can show up in everyday financial transactions. Here’s what to do if you spot any.
Anson Funds Management and Anson Advisors were fined $2.25 million for making secret payments to a researcher who published bearish reports and negative tweets about two cannabis stocks
Writing a will isn’t just for the wealthy
Troubled EV maker Fisker said Wednesday it has recalled more than 18,000 Ocean SUVs.
CEO Jensen Huang is several moves ahead of Nvidia’s closest competitors, money manager Louis Navallier says.
Oil futures rose Wednesday as investors sifted through a raft of updated forecasts and awaited official data on U.S. inventories after industry figures showed a decline last week in crude stocks.
A key bond-market signal of an impending recession has flashed red continuously for the longest period on record, yet this doesn’t necessarily spell trouble for the stock market, according to analysts.
Citigroup analysts are bearish on oil, but say copper is firing on all cylinders.
Shares in Rentokil Initial jumped by up to 16% on Wednesday on reports Nelson Peltz’ Trian Partners had acquired a substantial stake in the pest control firm
Many consumers think the government is to blame for higher prices, new research shows. That’s “punishing” for the president, one expert says.
GameStop Corp. said it raised around $2.14 billion in a share sale. Shares are dropping in premarket on Tuesday.
“I have $150,000 left on my mortgage with 7.3% interest.”
Bond yields saw meagre moves as investors eschewed big bets before the May CPI report and the an update on monetary policy from the Federal Reserve.
The eight-bedroom, 11-bath estate includes a chef’s kitchen, wine cellar, estate manager’s office, gym, and game room and home theater.
