Tesla’s market value hits more than $600B for first time joining ultra-small club
Tesla just joined a small but exclusive club giving Elon Musk a bump on the Forbes billionaire list.
Nasdaq hits record as Tesla does the same, while energy stocks drag on S&P
U.S. equity markets ended mixed Monday as investors await the details of a proposed $908 billion COVID-19 stimulus package.
Kodak cleared after federal loan probe, stock soars
Eastman Kodak Co. shares surged 69% Monday morning after a federal agency cleared the company of wrongdoing related to a $765 million loan that aided its pivot into drug-ingredient manufacturing.
IPO floodgates open as Airbnb, DoorDash prep stock-market debuts
The red-hot market for taking companies public is gaining momentum as year-end nears, with two of the most-lucrative startups preparing to make their debuts.
About 150 US Cadillac dealers to exit brand, rather than sell electric cars
About 17% of Cadillac’s 880 U.S. dealerships decide against spending for necessary upgrades
Euphoric stock market runs risk of buzz-kill without COVID-19 help
A sense of euphoria has taken over the stock market as the S&P 500 delivers the “greatest Wall Street rally of all-time.”
Nissan joins GM in exiting auto group backing Trump
The industry still remained split on how to move forward after it held a meeting Tuesday
S&P, Dow & Nasdaq notch trifecta stock records in winning week
U.S. equity markets rallied to record highs.
Marijuana stocks in focus after House votes to decriminalize cannabis
Marijuana companies just scored a smokin’ victory.
Stock futures point to gains ahead of monthly jobs report
Economists estimate that employers added 469,000 jobs in November
Uber asks US CDC to consider ride-hail drivers essential for COVID-19 vaccine distribution
The CDC Advisory Committee is drafting recommendations for who should be prioritized for distribution
Forbes' youngest self-made billionaire owes his success to dropping out of college
Autonomous driving technology company Luminar's stock has soared since making its NYSE debut, and founder and CEO Austin Russell credits the foundation of his success to dropping out from Stanford University.
S&P turns lower after Pfizer plans to pare coronavirus vaccine rollout
U.S. equity markets surrendered the bulk of their gains in the final minutes of trading after Pfizer's COVID-19 vaccine update.
Tesla short-seller Jim Chanos changes his tune
Short-seller Jim Chanos delivered rare praise for Tesla CEO Elon Musk.
Lands' End posts higher profit, growth in e-commerce
The clothing maker posted revenue of $360M in the period.
Michaels Cos. profit, sales rise, will pay $10M in special holiday bonuses
On a per-share basis, the Irving, Texas-based company said it had profit of 74 cents. Earnings, adjusted for one-time gains and costs, came to 86 cents per share.
Kroger raises 2020 profit forecast despite sales miss
A spike in coronavirus cases, however, has led to a pick up in sales, prompting the retailer to reimpose a purchase limit on essential products like paper towels, disinfecting wipes and hand soap ahead of the busy holiday season.
Stock futures trade cautiously ahead of jobless claims report
The S&P 500 index hit an all-time high Wednesday for a second straight record close
The S&P 500 secures another record as energy, financials lift market
Investors beat back the bears with the S&P and Dow chalking up wins.
House poised to cut rogue Chinese firms off from American investors
The House of Representatives will vote Wednesday on a bill aimed at boosting oversight of companies from China and elsewhere that are listed on U.S. stock exchanges.


















