In this article RIDE Workers install door hinges to the body shell of a prototype Endurance electric pickup truck on June 21, 2021 at Lordstown Motors assembly plant in Ohio. Michael Wayland | CNBC Embattled electric truck startup Lordstown Motors on Thursday reaffirmed plans to begin commercial production of its first vehicle this quarter and
admin
In this article UBER Uber reported a second-quarter loss on Tuesday but beat analyst estimates for revenue and posted $382 million in free cash flow for the first time ever. Shares of Uber closed the day up 18.9%. Here are the key numbers: Loss per share: $1.33, not comparable to estimates. Revenue: $8.07 billion vs.
In this article BLK COIN The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters Share of Coinbase soared by 40% on Thursday after the crypto exchange announced a partnership with
In this article ZG Lacheev / Getty As today’s prospective home buyers confront high home prices and rising interest rates, there’s one thing they can do to save money — raise their credit scores. “This is one actionable thing buyers can do to save a little bit of money in this market,” said Amanda Pendleton,
In this article YUM National Guard troops pose for photographers on the East Front of the U.S. Capitol the day after the House of Representatives voted to impeach President Donald Trump for the second time January 14, 2021 in Washington, DC. Chip Somodevilla | Getty Images In an earnings call Wednesday morning, Yum Brands CEO
In this article LCID LCID Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. Andrew Kelly | Reuters Electric vehicle maker Lucid Group
In this article JBLU JetBlue Airways Airbus A320 passenger aircraft landing at John F. Kennedy International Airport in New York City. Nik Oiko | LightRocket | Getty Images JetBlue Airways shares tumbled more than 6% Tuesday after a surge in costs drove it to another quarterly loss just as it plans its takeover of Spirit
Two thousand rupee notes on display with an Indian flag in the background. Manish Rajput | SOPA Images | LightRocket via Getty Images The Indian rupee has come under intense selling pressure due to a perfect storm of global headwinds which analysts say will continue to pummel the currency in the months ahead. In recent
Baby Emma, David or Elizabeth? Not for American parents Caitlin and Luke McNeal. Rather than naming their children after grandparents, biblical figures or the British monarchy, the couple chose the names of places that hold meaningful travel memories for them. “Kinsale was when we lived in Ireland, and we vacationed in Kinsale and fell in
zimmytws | iStock | Getty Images There are just 13 years before Social Security may not be able to pay full benefits, according to a recent annual report from the program’s trustees. In 2035, just 80% of benefits will be payable if Congress doesn’t fix the program sooner. Shoring up the program will generally mean
Imagine that a government provides subsidies to single parents that actually increase tax rates on additional work. This is the case for an Australian single parent who earns less than the average wage. With an increase in pay of just AUD 983 more, he would face a 652 percent marginal tax rate. Therefore, despite the
In this article WMT Exterior view of a Walmart store on August 23, 2020 in North Bergen, New Jersey VIEW press | Corbis News | Getty Images Walmart confirmed on Wednesday that it has begun to lay off corporate employees about a week after the company slashed its profit outlook and warned that consumers had
In this article ABNB Brian Chesky, CEO and Co-founder of Airbnb Mike Segar | Reuters Airbnb beat Wall Street estimates for earnings and posted revenue that was in line with estimates for the second quarter. The company also announced a $2 billion share buyback program. Shares were down about 9% after hours, despite what appeared to
A worker assembles the Lucid Air prototype electric vehicle, manufactured by Lucid Motors Inc., at the company’s headquarters in Newark, California, on Monday, Aug. 3, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in extended trading. Lucid Group — Shares of the EV maker tumbled about 12% after
Macklemore plays a shot at the AT&T Pebble Beach Pro-Am at Pebble Beach Golf Links on February 02, 2022 in Pebble Beach, California. Orlando Ramirez | Getty Images Sport | Getty Images The popularity of golf has surged in recent years and during the pandemic, with new golfers and the further spread of non-traditional ways to
Anti-abortion activists demonstrate outside the Supreme Court of the United States in Washington, June 13, 2022. Evelyn Hockstein | Reuters Residents of Georgia may now claim embryos as dependents on their state income tax returns. Any “unborn child with a detectable human heartbeat,” may qualify for a $3,000 state income tax deduction for 2022, effective
Photo: Bethenny Frankel “I truthfully didn’t even know the word entrepreneur. I was in my late thirties, and I didn’t know the word ‘brand,’ I didn’t know the word ‘entrepreneur,'” Bethenny Frankel, founder of SkinnyGirl, told Sharon Epperson at the CNBC Small Business Playbook virtual summit on Wednesday. Now, just over a decade later, Frankel
Whether you’re on the hunt for a vacation property as travel reopens, or you want a store for your cash as stocks somersault, Europe can offer a host of compelling second-home destinations. From access to fine food and rich culture to stunning scenery, the continent has something for everyone — and property purchasers are buying
2 of these companies have perfect multi-year earnings surprise streaks. Will they keep it? Visit our website: https://www.zacks.com Visit our Stocktwits account: https://stocktwits.com/ZacksResearch Check out our weekly promotion: https://www.zacks.com/promo If you’re interested in our services, please check out Zacks Ultimate: https://www.zacks.com/ultimate/?adid=YOUTUBE&cid=sm-YOUTUBE
In this article F Ford F-150 Lightning at the 2022 New York Auto Show. Scott Mlyn | CNBC DETROIT – Ford Motor’s U.S. vehicle sales last month showed notable improvements in volumes and truck availability, as the automotive industry continues to battle through a global shortage of semiconductor chips and other supply chain problems. The