Commerce Secretary Howard Lutnick said Thursday that American auto CEOs told him they are “cool with” President Donald Trump‘s new trade deal, which could put lower tariffs on cars imported from Japan than on cars made by U.S. companies in Canada and Mexico. Lutnick brushed off complaints from a group representing General Motors, Ford and…
AST SpaceMobile, Inc. (ASTS) ended the recent trading session at $60.06, demonstrating a +1.93% change from the preceding day’s closing price. The stock’s change was more than the S&P 500’s daily gain of 0.07%. Meanwhile, the Dow lost 0.7%, and the Nasdaq, a tech-heavy index, added 0.18%. The stock of company has risen by 17.91%…
Tesla Inc. is in a sales slump, with deliveries of its electric vehicles on track to decline for the second full year in a row. Chief Executive Officer Elon Musk has warned that there could be “a few rough quarters” ahead for the company amid the loss of purchase incentives in the US. Source link
Investors have been eager to know if the billions of dollars of AI investment are actually delivering a return for companies. Morgan Stanley thinks the answer is yes. The bank’s latest version of its AI Adopter survey shows that AI exposure and adoption are clearly gaining steam. Over the last few months, the financials sector…
China markets fall at the open Mainland China and Hong Kong stocks opened lower, as the Asia-Pacific region was mostly in the red. Mainland China’s CSI 300 was down 0.16%, while Hong Kong’s Hang Seng Index — which includes major Chinese companies — lost 0.53%. The Hang Seng Tech Index, which tracks the largest technology companies listed in Hong…
NEW YORK – Shares of tiny Healthcare Triangle stood out as the most actively-traded name on US exchanges on July 24 – just one example of the meme-stock mania sweeping the stock market once again. The little-known healthcare information technology company saw its stock price more than double to just above 5 US cents, with…
By Arasu Kannagi Basil (Reuters) -Billionaire sports financier Todd Boehly-backed Accelerant was valued at $6.4 billion as its shares jumped 36% in their New York debut on Thursday, underscoring a strong investor appetite for insurance listings. The shares of the specialty insurance marketplace opened at $28.50 apiece, above the $21 offer price. In 2023, the…
TOKYO — Details released by the White House on its tariff agreement with Japan include many points that are unclear or out of sync with how Tokyo has explained it, including the date it goes into effect and the framework for Japanese investment in the U.S. A U.S. fact sheet on the Japan tariff deal released Wednesday…
(Bloomberg) — Shares of tiny Healthcare Triangle Inc. stood out as the most actively-traded name on US exchanges on Thursday, another example of how investor exuberance is fueling wild gyrations throughout the equity market. Most Read from Bloomberg The little-known healthcare information technology company saw its stock price more than double to just above five…
Tesla (TSLA, Financials) posted its steepest quarterly revenue decline in more than ten years, with sales down 12% year over year to $22.5 billion for the AprilJune period. The result missed analyst forecasts of $22.74 billion, according to LSEG data, and came amid growing concerns over CEO Elon Musk’s political involvement and its impact on…