Analysts at Deutsche Bank set out to explain how exactly they see Tesla benefiting from a Trump administration, given the close association of Chief Executive Elon Musk and Trump, Vice President-elect J.D. Vance and others in the future government.
Hertz’s stock slips, but bounces sharply off earlier lows, as $1 billion write-off of car values reflects acceleration of fleet rotation.
Beneficiary designations are not the answer in every situation
President-elect Donald Trump campaigned on a platform to significantly ramp up U.S. oil production and bring down the cost of energy, but the head of the nation’s largest energy company is doubtful he can make good on that promise.
Consumers are more optimistic about inflation, the job market and their own finances, New York Fed survey shows.
Nvidia’s outlook for the January quarter may not wow Wall Street when the company posts earnings next week. But Mizuho analysts see bright prospects for later next year.
Shares of Honeywell International Inc. rallied into record territory Tuesday after activist investor Elliott Investment Management L.P. disclosed a large stake and said it was pushing for a breakup of the company.
Oil futures rose Tuesday, recouping some lost ground after back-to-back losses driven by worries about the prospects for demand out of China helped pull the U.S. benchmark back below the $70-a-barrel threshold.
The president-elect’s approach to student-loan debt is likely to mark a radical departure from the Biden administration’s
Novavax Inc.’s stock fell 4% Tuesday after the company cut its full-year guidance, offsetting a narrower-than-expected third-quarter loss and better-than-expected revenue.
“The labor market might be fine or it might continue to weaken,” Barkin said.
Bank stocks have had quite a run following Donald Trump’s election to a second term as president. But investors need to ask themselves whether or not some of stocks are trading too high.
AbbVie’s “pain” is Bristol Myers Squibb’s “gain,” says Truist Securities analyst Srikripa Devarakonda.
Tyson Foods’ stock surges after a healthy earnings beat, helped by strength in beef and chicken sales.
Investment bankers in debt underwriting may see bonuses jump by as much as 35%.
President-elect Donald Trump’s victory in the November U.S. presidential election has helped revive Wall Street’s faith in “king dollar.”
Stock had gained late Monday on news it would cut 40% of its workforce as part of a restructuring.
A Shopify executive says the company’s latest results showed “continued discipline of balancing both future growth investment and operational leverage.”
In gunmetal grey jacket and a Jobs-esque black turtleneck, Masayoshi Son has a heartening message for the world.
Schrödinger will receive $150 million upfront plus up to $2.3 billion in milestone and royalty payments.
