Planet Fitness has appointed a new CEO effective June 10 after a monthslong search for new leadership.
Europe's adoption of electric vehicles lags as EV market shares fall to 12% at the start of the year.
Asian shares have tracked lower on Thursday as sticky US inflation forced markets to slash bets on how much Federal Reserve easing might come this year, a result that sent the dollar flying to a 34-year high against the beleaguered yen. US stock futures lost another 0.2 per cent after Wall Street slid around one […]
CapWealth Advisors LLC raised its stake in shares of Chevron Co. (NYSE:CVX – Free Report) by 3.9% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 178,296 shares of the oil and gas company’s stock after purchasing an additional 6,736 shares during the period. Chevron accounts for about 3.2% of CapWealth Advisors LLC’s holdings, […]
The brokerage's commentary follows Reuters report earlier this month that Tesla decided to cancel its long-promised inexpensive car that investors hoped would drive growth, while continuing to develop Robotaxis on the same vehicle platform. Tesla has been pushing for greater adoption of its full self-driving advanced driver assistance software ahead of unveiling Robotaxi in August. "The delay of Model 2 efforts creates the risk of no new vehicle in Tesla's consumer lineup for the foreseeable...
Krilogy Financial LLC decreased its stake in shares of Chevron Co. (NYSE:CVX – Free Report) by 11.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 14,236 shares of the oil and gas company’s stock after selling 1,793 shares during the […]
Announcement of streaming service for content ‘at risk of cancellation’ comes as company shares continue downward slideDonald Trump’s social media empire has announced plans to launch a streaming platform. Its shares continued to fall.Trump Media & Technology Group, owner of Truth Social, has come under pressure since its stunning stock market debut last month left the former president with a vast stake worth about $4.9bn on paper. Continue reading
Tesla's announcement Monday that it's cutting jobs sent the shares down nearly 6%, continuing the year's sell-off.
Shares of Trump Media have erased all their gains since they began trading under the ticker DJT last month. As of Monday afternoon, the stock was priced at about $36 — down from a high of $66 seen March 27. But experts say it's hard to draw any firm conclusions about what the stock price's movement means. That's because so many available shares — about 12%, one of the highest ratios of any active stock listing — reflect traders' bets that the stock will fall, said Ihor Dusaniwsky, managing...
US stocks endured a difficult week with technology stocks and small caps particularly in the firing line amid disappointing news from the chip sector, escalating tensions in the Middle East and th
Tesla found favor with bullish fund manager Cathie Wood, as her firm lapped up Tesla shares following its 10% slide over three sessions. read more
Tesla’s stock tumbled below $150 per share, giving up all of the gains made over the past year as the electric vehicle maker reels from falling sales and steep discounts intended to lure more buyers.