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Shares of electric truck maker Rivian fell another 7% in premarket trading Tuesday after the company announced it plans to sell as much as $1.5 billon worth of bonds to fund its expansion plans. The bonds could more than double the amount of debt that Rivian has on its books. And while...
But Tesla shares were up 5% in premarket trading after the poll results were revealed. “This has been a black eye moment for Musk and been a major overhang on Tesla’s stock which continues to suffer in a brutal way since the Twitter soap opera began with brand deterioration related to...
The move comes aftershares of regional banksgot clobbered on Monday even after the US federal government stepped in with a massive intervention designed to protect depositors and prevent further bank runs. Regional bank shares reboundedin premarket trading on Tuesday. ...
“The pickup in credit card debt and delinquencies is consistent with the idea that consumers — particularly those [within] the bottom of the income and wealth distributions — are running out of surplus savings and turning back to credit to finance their spending,” wro...
Shares of defense contractors Northrop Grumman (NOC), Raytheon (RTX), General Dynamics (GD) and Lockheed Martin (LMT) were all up between 3% and 6% in premarket trading Monday. That will likely make them among the best market performers. These and other defense stocks and defense sector exc...
Still, shares of Kraft Heinz rose nearly 2% in premarket trading following Thursday’s earnings release. That’s good news for Warren Buffett. The Oracle of Omaha’s Berkshire Hathaway (BRK.B) owns a nearly 27% stake in the food giant, making Berkshire the company’s largest shareholder. ...
MGM’s shares sank 14% in premarket trading, while Wynn’s stock plunged 17%. Read more here. 6:24 p.m. 2:15:50, March 16, 2020 United slashes its schedule by half From CNN Business' Chris Isidore United Airlines (UAL) is slashing its flight schedule by 50% for the next two...
Both stocks are down roughly 2% in premarket trading. 6:17 p.m. 16:39:16, April 1, 2020 US stocks are heading for a dismal open Even with the nationwide adoption of stringent mitigation efforts, between 100,000 and 240,000 Americans could die in the coming weeks, the White House ...
The company’s shares fell more than 2% in premarket trading. Its net profits totaled $4.9 billion, down nearly 16% from the same period last year. All business units aside from global markets brought in less revenue and net profit in the third quarter. 8:19 p.m. 6:56:27, O...