Siemens cuts outlook after swinging to $1.71 billion loss
admin Siemens AG cut the outlook for earnings per share for the full fiscal year after…
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FCC rescinds broadband subsidies from Elon Musk’s Starlink
The Federal Communications Commission rescinded more than $2 billion in grants previously awarded to Elon…
Read MoreThese stocks soared up to 12% after inflation cooled
Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks…
Read MoreSonos stock crunched as forecast slashed in wake of ‘significantly more challenging’ conditions
Sonos Inc. shares tumbled more than 18% in after-hours trading Wednesday after the maker of…
Read MoreJuly inflation and jobs data suggest no recession this year, Laura Tyson says
““We’re not likely to see a recession this year.”” Worries about a recession, at least…
Read MorePlug Power sees Inflation Reduction Act creating a ‘boom’ in its green hydrogen business, and stock soars
Shares of Plug Power Inc. pulled a U-turn to trade sharply higher Wednesday, as investors…
Read MoreVestas posts bigger-than-expected loss, but backs guidance
Vestas Wind Systems AS on Wednesday posted a bigger-than-expected second-quarter net loss as a delayed…
Read MoreAngi beats on earnings as CEO says company is benefitting from home-improvement cooldown
An earlier version of this report misstated Angi’s adjusted earnings before interest, taxes, depreciation, and…
Read MoreOpinion: Here’s the big concern with chip makers scoring billions in funds from Uncle Sam
On the day that Congress finally passed a long-awaited funding package for domestic U.S. chip…
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These stocks soared up to 12% after inflation cooled
Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks…
Read More