What Tesla Brings to the S&P 500
Following a slight delay, S&P Dow Jones Indices said Monday that Tesla would be added to the S&P 500 index. The stock traded higher on the news, but there are some issues with how…
All Work
Paul Ausick
Should Plug Power Stock Be Bashed This Much for a Secondary Offering?
Investors are hammering Plug Power shares Tuesday following a secondary offering on a stock that has soared by nearly 700% in 2020.
Why Investors Are Shunning Home Depot After Q3 Results
Home Depot posted top-line and bottom-line beats for the company's third quarter, but a plan to spend another $1 billion annually on employee pay and benefits has disappointed investors.
Ex-Dividend Date Ignites Demand for Marathon Oil, Refining Stocks
Shares of Marathon Oil and Marathon Petroleum jumped by more than 8% on Monday. The gain could disappear as quickly as it appeared.
Why Would Uber Sell Its Autonomous Driving Group?
Uber is reportedly in discussions to sell its self-driving vehicle unit to Aurora Innovation, a well-funded startup based in San Francisco. Some creative financing may be in order.
Lithium Battery Fires Spur Recall of 69,000 Chevy Bolts
GM has recalled nearly 69,000 Chevy Bolts manufactured between 2017 and 2019 to reprogram the battery control module to limit the charging capacity to 90% of the published maximum.
Moderna’s COVID-19 Vaccine Results Lift Blue Chips
Moderna reported a 95.4% effectiveness rate for its COVID-19 vaccine. This is the second vaccine to hit more than 90% efficacy in the past week.
Did PNC Pay Too Much for BBVA’s US Business?
Regional banker PNC Financial agreed Sunday to pay $11.6 billion to acquire most of the U.S. business of Madrid-based BBVA.
What a Lockdown Could Look Like Under a Biden Administration
President-elect Biden has established a task force to recommend steps that his administration could take to stop the spread of COVID-19. One member already has proposed a lockdown of up to six weeks. What…
AAA Sees Thanksgiving Travel Down 10% This Year
AAA estimates that about 50.5 million Americans will be traveling for the Thanksgiving holiday this year, a decline of about 10% year over year.
Why Boeing’s 20-Year Outlook Is Not Lifting Investors’ Spirits
Boeing's 20-year forecast has pulled back somewhat from last year's version and dependence on China for new airplane deliveries has increased.
Short Sellers Pile Into One Alt Energy Stock, Mixed on Solar
Short interest in solar and alternative energy stocks was mixed in the two-week reporting period that ended October 30. But short sellers doubled their positions in one alt energy stock.
Oil and Gas Short Sellers Get a Payday
Short interest in energy stocks rose in the two-week reporting period to October 30. Short sellers more than doubled their positions in one of the six companies we track.
Short Sellers Jostle for Position on Gold-Mining Stocks
Short interest in gold-mining stocks and gold ETFs was mixed in the two-week reporting period ended October 30.
Short Sellers Mixed on Electric Vehicle Stocks
Short interest was mixed on electric vehicle makers in the two-week reporting period ended October 30. Short sellers also decreased their positions in two traditional carmakers.
What Sent Fuel Tech Stock Soaring
Air pollution control and wastewater management firm Fuel Tech posted a sharp improvement in revenue in the third quarter and an unexpected profit.
CEO Turnover Continues to Lag Last Year’s Record Pace
October's CEO turnover rate fell by 23% month over month and by 47% year over year. Uncertain economic conditions are likely a major contributor to the decline.
Self-Driving Deal With Walmart Sends GM Stock to 52-Week High
Walmart and Cruise, the self-driving subsidiary of GM, have agreed to begin testing a fully autonomous vehicle to deliver products from Walmart stores to customers in Scottsdale, Arizona.
Investors’ Hopes for the 737 Max Are Stronger Than Boeing’s Dismal October Report
Boeing failed to receive even one new order for an aircraft in the month of October and deliver just a baker's dozen. Hopes are high, however, for a return of the company's 737 Max.
American Airlines Secondary Stock Offering Not Sitting Well With Investors
American Airlines has priced an underwritten offering of 38.5 million shares of common stock that could raise up to $500 million in fresh cash.