Tesla Stock Slides 7% Amidst Shipment Slump & New Price Cuts in China
Tesla (TSLA) shares dropped to new multi-week lows as slowing China shipments and new price cuts there hint at troubles…
KPMG fined $2 million for ‘failures’ in M&C Saatchi audit
Britain’s accounting watchdog said on Monday it has fined KPMG 1.46 million pounds ($1.90 million) for “basic failings” in its…
Oil Steadies Near This Year’s High as OPEC+ Extends Output Cuts
Oil steadied near the highest level this year after OPEC+ extended its production cuts to the end of next quarter.…
Dollar drifts as Fed clues awaited; bitcoin hits 2-year high
The U.S. dollar drifted within a tight range on Monday, pressured by lower Treasury yields, as traders waited for more…
Bitcoin Blasting Toward Biggest Monthly Gain in 3 Years
Bitcoin is poised to close February with a 44% gain, its largest monthly advance since December 2020. Bitcoin demand via…
Pfizer’s Ups and Downs: Vaccine Triumphs, Revenue Challenges
Pfizer (PFE) stock, which peaked in December 2021, has now fallen for two years as the drugmaker looks for its…
Salesforce Beats Expectations & Announces Dividends
Shares of Salesforce (CRM) are moving up as the company reported fourth-quarter earnings, posting adjusted earnings per share of $2.29…
SpaceX’s talks with Vietnam over Starlink on hold
SpaceX’s plans to provide communications services to Vietnam with its Starlink satellites have been put on hold, three sources familiar…
HP CEO: Navigating PC Demand, Embracing AI Future
HP Inc. CEO Enrique Lores says the stage is set for a recovery in PC demand later this year, even…
Puma launches 100 million euro share buyback programme
German sports apparel company Puma plans to return up to 50% of its net income to shareholders, it said on…