U.S. manufacturing sector losing steam
admin The numbers: U.S. industrial production fell 0.1% in October, the Federal Reserve reported Wednesday. The…
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Rivian posts narrower quarterly loss than Wall Street feared, keeps production guidance intact
Rivian Automotive Inc. stock rose 2% in the extended session Wednesday after the electric-vehicle maker…
Read MoreLucid posts wider quarterly loss, says it is ‘on track’ with luxury EV production
This update corrects Lucid’s Q3 2022 and Q3 2021 losses. Lucid Group Inc. stock fell…
Read MoreFoxconn to invest an additional $170 million in Lordstown Motors
Foxconn Technology Group, the world’s biggest contract manufacturer for electronics, is deepening its investment in…
Read MoreApple warns that iPhone 14 Pro and Pro Max shipments will be affected by China production issues
Apple Inc. said Sunday that it now expects lower shipments of its high-end iPhone 14…
Read MoreApple warns that iPhone 14 Pro and Pro Max shipments will be affected by China production issues
Apple Inc. said Sunday that it now expects lower shipments of its high-end iPhone 14…
Read MoreGood news for homebuyers: The number of active house listings soared in October. But a closer look reveals a more depressing picture.
Some good news for homebuyers: The number of for-sale listings available for homebuyers increased at…
Read MoreFisker details sales ramp, says Ocean SUV production set to start this month
Fisker Inc. late Wednesday reported a quarterly loss that was wider than Wall Street expected,…
Read MoreThis oil company is America’s hottest stock. Why won’t its CEO pump more oil?
Vicki Hollub’s Occidental Petroleum controls the biggest piece of the most important area for oil…
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Will Apple’s latest production issues destroy demand?
Gone forever, or just delayed? That’s the key question being debated by analysts as they…
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