Paul Ausick - Managing Editor, Financial News for 24/7 Wall St.
Lastest Stories by Paul Ausick
The AI Alliance sprung up Tuesday morning. The alliance's goals appear to favor the laggards, not the leaders in AI.
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Shanghai-based EV maker Nio Inc. (NYSE: NIO) raised $1 billion in its September 2018 IPO, selling 160 million American Depositary Receipts (ADRs) at $6.26 per ADR. The company initially expected to...
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Alaska Air has announced an agreement to purchase Hawaiian Air for $18 a share, a premium of 270%. Why are investors cautious?
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Electric vehicle maker Rivian Automotive (NASDAQ: RIVN) began trading in the public markets on November 10, 2021. The company raised $12 billion in cash, selling 153 million shares for a valuation of...
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Tesla CEO Elon Musk delivered a handful of the company's Cybertrucks to the vehicles new owners. The only surprise was the price.
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Ford released new guidance for its 2023 fiscal year on Thursday morning. The company withdrew prior guidance in October.
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Shares of mall-store operator GameStop jumped more than 13% Tuesday and traded up another 13% in Wednesday's premarket. What's going on?
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Nvidia remains one of the market's hottest stocks. What will the company's stock price be in 2030? Here are base-, bull-, and bear-cases.
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PDD Holdings, formerly known as Pinduoduo, has soared past Wall Street's consensus estimates again, continuing to outpace its rivals.
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2015 was one of the worst years for IPOs in the past decade. Only 2016 and 2022 were worse. But there were some big winners.
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The COP28 meeting beginning this week will report progress toward avoiding catastrophic climate change. Here's a look at one important topic.
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At its initial public offering in September 2014, Alibaba Group Holdings Ltd. (NYSE: BABA) was valued at $167.7 billion. The company raised $21.7 billion in the IPO, a record at the time. Only Saudi...
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Sales of electric vehicles (EVs) rose by an order of magnitude between 2017 and 2022, from about 1 million to 10 million. That’s more vehicles than the 9.5 million of all types sold last year in...
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After U.S. markets closed Tuesday, Nvidia Corp. (NASDAQ: NVDA) reported third-quarter earnings that not only beat consensus estimates but both EPS and revenue closed well above the high estimates....
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This week brings quarterly earnings reports from a host of retailers not named Walmart or Target. Four companies – Best Buy Co. Inc. (NYSE: BBY), Kohl’s Inc. (NYSE: KSS), Abercrombie & Fitch Co....
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