In a surprising turn of events, a federal bankruptcy judge in Delaware admitted an error in a previous ruling on Yellow Corp’s pension claims. The company, which filed for bankruptcy in August 2023, was initially told that its shareholders might have to pay out more than expected for pension claims.
Tesla's stock prices soared by 16% after their latest earnings report for Q3 2024 showed better profit margins. That's good news for now, but is it enough to justify the sky-high valuation? Tesla's electric vehicle (EV) business is definitely making them money, but what about their plans for autonom
Tesla, Inc. (NASDAQ: TSLA) saw its stock jump after hours on Thursday as the electric vehicle (EV) giant revealed better-than-expected earnings per share (EPS) and profit margins. This good news calmed down worried investors who had been questioning the company's performance lately. In a recent disc
Investors had a rollercoaster day as the Dow Jones Industrial Average plunged over 200 points, while the Nasdaq Composite Index soared. This happened because Tesla's earnings report was a pleasant surprise. Tesla's stock jumped by 20% after the company announced better profits than expected. This is
This year has been tough for Intel's stock, dropping 55% while the S&P 500 rose 21%. The latest earnings report hit Intel hard, causing one of its biggest stock corrections. Now, everyone's eyes are on the upcoming earnings report, a critical moment for Intel and its investors. Intel has been a tec
Detroit-based Ford Motor is gearing up to share its third-quarter earnings on Monday. Analysts from LSEG have compiled some predictions for us to keep an eye on. They think Ford might report earnings per share of around 47 cents after making some adjustments. For the automotive revenue, the target i
Elon Musk, the CEO of Tesla, saw his net worth jump by a whopping $26 billion in just one day. This massive increase came after Tesla’s stock had its best day since 2013, making Musk even wealthier. He now has an estimated net worth of $269 billion, which is more than $50 billion more than his frien
This week, the tech giants of the S&P 500 Index are gearing up to report their third-quarter earnings. Companies like Apple, Nvidia, Microsoft, Alphabet, and Amazon are facing a new reality: slower profit growth. While they are still projected to see an average increase of 19%, this is lower than pa
As the US presidential election nears, all eyes are on the race between Kamala Harris and Donald Trump. Initially, Harris seemed to have the upper hand, but the stock market tells a different story. Investors are anxious about the election, and some believe that a stable market in the week leading u
Yesterday, SS&C Technologies Holdings (SSNC) caught the attention of Wall Street again. Analyst James Faucette from Morgan Stanley took a close look and decided to maintain a Hold rating on the stock. He set a price target of $70. 00. But why the Hold rating? Let's dive in. SS&C Technologies is doi
