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Electric truck maker nikola to cut 23% of workforce

Nikola Corp. is laying off 270 employees, or about 23% of its workforce, and restricting its electric truck efforts to North America as...

June 16, 2023, 5:33 pm

3 analysts betting big on microsoft (msft) stock at record highs

Microsoft (NASDAQ: MSFT ) stock recently surged past its previous peak, and it seems investors have cle...

June 16, 2023, 4:48 pm

Avis budget's ride higher continues

The stock has fluctuated wildly since 2022, trading above $300 a share and as low as $138. Now with it s...

June 16, 2023, 4:25 pm

Oil pares gain on refinery outages, gold’s busy week ends where it started

Kpler data shows Iran oil exports hit highest level since sanctions started China increase oil import quota 20% from a year ago Gold ETFs reduced for ...

June 16, 2023, 4:03 pm

Virgin galactic's commercial spaceflight quest is in for a bumpy ride

Virgin Galactic Holdings Inc. ( SPCE , Financial) has set its sights on the stars and is gearing up to propel its commercial space tourism service int...

June 16, 2023, 3:52 pm

Sunset market commentary

Markets ECB governors en masse used the opportunity to speak again after yesterday’s ECB meeting passed by. We kick off with Wunsch. His speeches in...

June 16, 2023, 2:50 pm

Aurora cannabis tops earnings expectations, endexx posts 2022 profit and other cannabis sector highlights from this week

A number of cannabis companies posted their latest financial results this week and it was a mixed bag. Endexx announced that...

June 16, 2023, 2:31 pm

Elon musk says that tesla's market cap is directly tied to whether it solves autonomous driving

Tesla CEO Elon Musk thinks the automaker's market capitalization is directly tied to whether or not the automaker is able to solve autonomous driving....

June 16, 2023, 1:47 pm

3 marijuana stocks to buy before the end of the month

Most marijuana stock investors are waiting to see better trading. Plain and simple the cannabis sector is still incredibly volatile which has led to a...

June 16, 2023, 1:00 pm

Nato defence ministers' meeting fails to approve first defense plans since cold war

Reuters sources report on some friction at NATO.Meanwhile, Stoltenberg said they're working towards creating a Ukraine-NATO council.At this point,...

June 16, 2023, 12:38 pm

Gold price breaks $1,960 amid dollar’s weakness

The bias is bullish as long as it stays above the median line (ml). The US data should bring more actio...

June 16, 2023, 12:23 pm

Autozone upgraded to ‘buy' as it promises to rally if it navigates price wars

Analysts at UBS have upgraded AutoZone Inc from Neutral to Buy based on their hunch that the underappreciated company could rally hard if...

June 16, 2023, 12:11 pm

Binance shrinks eu presence: exits netherlands after cyprus

Crypto exchange Binance exited the Netherlands as it failed to obtain a virtual asset service provider (VASP) from the local regulator. The exchange i...

June 16, 2023, 10:33 am

Treehouse foods: doing better, still some questions

TreeHouse Foods, Inc. made its next move in its simplification with the sale of the majority stake in the meal preparation business. I like the simpli...

June 16, 2023, 10:28 am

Unicredit s.p.a. unsponsored adr (uncry) is a great choice for 'trend' investors, here's why

UniCredit S.p.A. Unsponsored ADR (UNCRY) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are curr...

June 16, 2023, 10:05 am

Halfords to update on self-help measures in delayed announcement

Halfords' annual results (21 June) are a week late after auditor BDO requested more time to complete what the statement said were standard audit proc...

June 16, 2023, 8:59 am

European stocks observe light changes to start the day

Eurostoxx flatGermany DAX flatFrance CAC 40 +0.1%UK FTSE +0.2%Spain IBEX +0.1%US futures are also a little more subdued after the roaring gains yester...

June 16, 2023, 7:12 am

Exit strategy: get out of these 3 poor-performing stocks now

Not all stocks are worthy of investor capital. Today, we'll be looking at three poor-performing stocks to avoid....

June 16, 2023, 7:00 am

Is development decline a warning sign, or is prologis waiting for the right time to strike?

Prologis is a global giant in the warehouse sector. The company has the size and capacity to buy assets or build them from the ground up as...

June 16, 2023, 6:50 am

Vinfast posts deeper loss in q1, eyes july completion of spac merger

Vietnamese electric vehicle (EV) maker VinFast has reported a drop in first-quarter revenue by 49%, with a net loss deepening to $598 million in the f...

June 16, 2023, 5:01 am


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