Avis Budget Group Soars on Retail Frenzy Fueled by EV Prospects
(Bloomberg) Shares of Avis Budget Group Inc. rose as much as 218% to a record $545.11 following announced plans of a bigger role in facilitating electric car uptake in the…
(Bloomberg) Shares of Avis Budget Group Inc. rose as much as 218% to a record $545.11 following announced plans of a bigger role in facilitating electric car uptake in the…
(Ralph Lauren) Shares of Ralph Lauren Corp. fell up to 6.7% in New York trading, the most since May 20, despite reporting a 26% jump in Q2 2022 revenues to…
(Pfizer) Pfizer announced that it is expecting $36 billion in vaccine sales revenue by the close of the year and $29 billion next year with the increasing vaccine shipment. Pfizer's…
(Bloomberg) Kristalina Georgieva, the IMF’s Managing Director, says widespread global vaccinations can help address inflation fears and potential social unrest. Georgieva says that intensifying global vaccinations boost production everywhere and…
(Rogers Corporation) DuPont has agreed to acquire Rogers Corporation for a $5.2 billion all-cash transaction. Rogers shareholders will receive $277 in cash per share, about 33% premium of the company’s…
(Bloomberg) British Petroleum has come under pressure after data from the Permian Basin, US largest oil field, revealed that its operations were among the dirtiest among the firms operating there.…
(Under Armour) Shares of Under Armour Inc. rose by 10.5% on Tuesday after the company said it expects revenues in 2021 in North America to increase in the high twenties.…
(MarketWatch) Tesla’s CEO Elon Musk says that the company has not signed a contract to deliver 100,000 electric vehicles to Hertz by 2022. Musk questioned a 33% Tesla stock rally…
(CoinDesk) The trial of Ira Kleiman versus Craig Wright seeking to uncover the identity of Satoshi Nakamoto and the fate of his 1.1 million bitcoins has begun in Miami. Craig…
(IHS Markit) The Eurozone manufacturing sector slowed down in October, with a drop in PMI to 58.3 from 58.6 in September. The expansion was the slowest growth since February. Companies…
(WSJ) Rivian Automotive Inc., an Amazon-backed electric-vehicle startup, is looking to sell its shares between $57 and $62 a piece in a public listing next week that will value it…
(Twitter) World’s largest crypto exchange Binance says a “large backlog” prompted a suspension of cryptocurrency withdrawals on its platform. Binance says it is working on an update to restore withdrawals.…