Paramount shares rise on report it’s considering exclusive sale talks with Skydance
- By Michigan Digital News
- . April 3, 2024
[ad_1] Shares of Paramount Global rose in after-hours trading Tuesday following a report that the media giant may soon be one step closer to selling.
Intel foundry losses expected to peak this year after hitting $7 billion in 2023
- By Michigan Digital News
- . April 3, 2024
[ad_1] Intel broke out its product and foundry financials, showing investors their different margin profiles. [ad_2] Source link
Auto sales dip in March due to high prices and high borrowing rates
- By Michigan Digital News
- . April 2, 2024
[ad_1] Sales of new cars and trucks in the U.S. fell 2% in March to leave auto purchases well below 2023 year-end levels, indicating that
Tesla’s delivery woes suggest the EV maker has an Elon Musk problem
- By Michigan Digital News
- . April 2, 2024
[ad_1] Tesla Inc.’s “significant miss” on its first-quarter delivery numbers rattled Wall Street on Tuesday — and the disappointing numbers indicate that at least one
This is how the Port of Baltimore will bounce back after bridge collapse
- By Michigan Digital News
- . April 2, 2024
[ad_1] The Port of Baltimore has enough “natural advantages” to help it recover after the collapse of the Francis Scott Key Bridge, according to former
U.S. oil benchmark tops $85 a barrel, hits highest level since October as Middle East tensions escalate
- By Michigan Digital News
- . April 2, 2024
[ad_1] The benchmark U.S. oil contract ended above $85 a barrel for the first time since October on fears of escalating geopolitical tensions. [ad_2] Source
Will stock-market stumble turn into a major pullback? Here’s what to watch.
- By Michigan Digital News
- . April 2, 2024
[ad_1] Surging Treasury yields and rising oil prices are calling the tune across markets right now. [ad_2] Source link
The stock market expects a ‘soft landing’ from the Fed — but that isn’t a sure thing
- By Michigan Digital News
- . April 2, 2024
[ad_1] With core inflation at about 3%, Fed Chair Powell is taking quite a gamble talking about rate cuts. [ad_2] Source link
Rivian tops consensus estimates with first-quarter deliveries but stock still falls
- By Michigan Digital News
- . April 2, 2024
[ad_1] Rivian Automotive Inc. said Tuesday it delivered 13,588 vehicles in the first quarter, beating the FactSet consensus for 13,000. [ad_2] Source link
GE Vernova debuts on NYSE, as spinoff from GE’s aerospace-only unit completes
- By Michigan Digital News
- . April 2, 2024
[ad_1] GE Aerospace and GE Vernova begin life Tuesday as two, separate stocks as they ring the opening bell on the New York Stock Exchange.