Manchester United’s MANU, +14.66% stock climbed 8.1% before the opening bell on Wednesday after the club’s owners confirmed they are exploring potential financial investment or an outright sale of the Read more
Tag: disruptions
Tesla stock at two-year low, other EV-maker shares plunge as concerns simmer about China, oil futures
Tesla Inc. shares on Monday were poised to end at a fresh two-year low, with shares of other electric-vehicle makers also underperforming the broader equity market as worries about China’s Read more
SoftBank Group shares fall after disappointing second-quarter results
SoftBank Group Corp. 9984, -13.33% shares fell sharply Monday morning after the Japanese technology investment company posted disappointing second-quarter results and failed to announce additional share buybacks. The shares were Read more
Tesla stock set to lose more than 8% this week as CEO Elon Musk completes another roller coaster week at Twitter
Tesla Inc. stock is looking at an 8% loss for the week, underperforming the broader stock market and auto peers as Chief Executive Elon Musk finished another roller-coaster week at Read more
TSMC shares post biggest one-day gain since 2020
Taiwan Semiconductor Manufacturing Co. shares delivered their best one-day percentage rise since July 2020, as upbeat October sales growth boosted investor confidence in the Taiwan chip maker’s resilience amid an Read more
Mazda Motor shares soar after guidance boost
Mazda Motor Corp. 7261, +7.99% shares rose sharply Friday morning after the Japanese auto maker boosted its full-year earnings guidance following strong quarterly results on higher shipment and selling prices. Read more
Duolingo stock slips after earnings beat, mixed outlook
Duolingo Inc. shares fell in the extended session Thursday after the language-learning platform’s outlook offered a mixed bag while quarterly results topped Wall Street estimates. Duolingo DUOL, +10.06% shares fell Read more
Amazon has launched a cost-cutting review focused on unprofitable business units
Amazon.com Inc. AMZN, +13.19% Chief Executive Andy Jassy is leading a cost-cutting review of the tech giant and paring back on businesses at the company that haven’t been profitable, according to people Read more
Wynn Macau shares fall after reporting third-quarter loss
Shares of Hong Kong-listed casino company Wynn Macau 1128, -2.26% fell in early Asian trade Thursday after the company reported a third-quarter loss and as COVID-19 cases continue to rise Read more
Opinion: Tesla investors have been the biggest losers in Elon Musk’s Twitter deal, and those losses continue
Twitter users have complained a lot about Elon Musk’s early moves after taking control of the social network, but their complaints seem tiny compared with what Tesla Inc. investors have Read more