It's déjà vu for the luxury fitness company: Peloton is cutting about 400 more jobs, and its CEO is stepping down just two years after a major shakeup.
Tesla is reportedly cutting additional jobs and two more top executives are gone after the electric vehicle giant slashed its workforce by 10% earlier this month. The Information reported that Tesla CEO Elon Musk sent an email to executives on Monday evening informing them that senior director of EV charging, Rebecca Tinucci, would be leaving the company on Tuesday, along with nearly all of her 500-person-strong Supercharger team. Tesla's director of vehicle programs and new product...
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone. Apple is dealing with regulatory pressures and other unknowns Bernstein's position goes against that of JP Morgan, which does expect a boost from AI for Apple, but not until 2026 and the iPhone 17. Morgan Stanley has said that it is bullish about Apple, yet it also downgraded its stock price. Now Bernstein...
PepsiCo, Inc. (NASDAQ:PEP – Get Free Report)’s share price shot up 0.1% on Monday . The stock traded as high as $176.32 and last traded at $175.68. 796,225 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 5,792,084 shares. The stock had previously closed at $175.58. Wall Street […]
Chevron Co. (NYSE:CVX – Get Free Report) was down 0.3% during mid-day trading on Monday . The stock traded as low as $164.69 and last traded at $165.35. Approximately 1,716,490 shares were traded during mid-day trading, a decline of 80% from the average daily volume of 8,392,820 shares. The stock had previously closed at $165.89. […]
Tesla will lay off 693 workers from its Gigafactory in Sparks, according to a notice filed last week with the Nevada Department of Employment, Training and Rehabilitation.
This isn’t shaping up to be a great year for Congress — specifically, the House of Representatives, and, still more specifically, House Speaker Mike Johnson (R-La.). After the calamitously bruising battle to send more magic fedbux off to support wars deemed in America’s interest, which saw the speaker side with Democrats over outraged members of his own party, the nation’s legislature plumbed new depths of dissatisfaction among millions of Americans. For many voting citizens, the outrage...
Lockheed Martin Co. (NYSE:LMT – Get Free Report)’s share price fell 0.5% during trading on Tuesday . The company traded as low as $464.40 and last traded at $465.25. 135,783 shares changed hands during mid-day trading, a decline of 88% from the average session volume of 1,152,735 shares. The stock had previously closed at $467.55. […]
The Procter & Gamble Company (NYSE:PG – Get Free Report) traded down 0.3% on Monday . The company traded as low as $160.68 and last traded at $160.87. 912,166 shares traded hands during trading, a decline of 87% from the average session volume of 6,881,403 shares. The stock had previously closed at $161.29. Analyst Ratings […]
The Walt Disney Company (NYSE:DIS – Get Free Report)’s share price dropped 0.2% during trading on Wednesday . The company traded as low as $113.14 and last traded at $113.51. Approximately 1,828,721 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 11,844,281 shares. The stock had previously closed […]
The virus, commonly referred to as bird flu, is extremely contagious and lethal among birds, has been detected in dairy herds in recent days.
Super Micro Computer (NASDAQ: SMCI) stock has been riding the artificial