Spencer Platt/Getty ImagesTraders working on the floor of the New York Stock Exchange just before trading went electronic, New York City, March 20, 2020 This crisis is global, and the torrid headlines keep coming. My family in the UK is under lockdown and th…
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Month: March 2020
Why Tesla Stock Jumped on Wednesday
What happened The stock of Tesla(NASDAQ:TSLA) popped on Wednesday, jumping as much as 10.3%. At 2:50 p.m. EDT, however, the electric-car maker’s shares were up 6.9%. The growth stock’s rise comes as shares continue to rebound from a massive sell-off due to …
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Tim Cook Says Apple Is Sourcing 10 Million Masks From Its Supply Chain
Apple CEO Tim Cook delivers the keynote address during a special event on September 10, 2019 in the … [+] Steve Jobs Theater on Apple’s Cupertino, California campus. Photo by Justin Sullivan/Getty Images Topline: Tim Cook on Wednesday said Apple has used …
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Detroit’s near future based on SUVs, not EVs, production plans show
DETROIT (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) have widely touted their commitment to emission-free electric cars, but their production plans show a growing reliance on ever-larger gas-powered vehicles. The two biggest U.S. automakers …
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Exxon Mobil: 4 Unexpected Benefits From This Oil Price Crash
Introduction These are certainly challenging times for the oil and gas industry, with a constant stream of analysts weighing into the discussion, all trying to guesstimate the extent of this oil price crash. During times like these it can be easy to only foc…
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