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Wall Street

Siemens Energy’s Wind Division Loses $5 Billion

Shares of the wind turbine division Siemens Gamesa fell after the company reduced its financial outlook for the third time…

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Wall Street

Amazon Stock is Having its Worst Week Since 2018

Amazon's stock fell 12% during the week after pressure from selling technical shares, which recorded the worst weekly performance for…

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News

Peloton Stops Production Some of Its Main Devices

Peloton will shutter its connected fitness equipment lines as demand for its products plummets and the company seeks to control…

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Wall Street

Goldman Sachs Stock Falls After Fourth Quarter Results

Goldman Sachs posted a weak fourth-quarter profit that was lower than Wall Street analysts' estimates after the bank's operating expenses…

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Wall Street

JPMorgan Shares Fall After Cut Guidance Due to “Headwinds”

Shares of JPMorgan Chase fell after the bank posted its weakest quarterly profit that beat expectations in two years

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Wall Street

Virgin Galactic Stock Tumbles After Debt Increase

Virgin Galactic's stock fell during today's trading after the company announced plans to raise its debt by about $500 million

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Wall Street

Abercrombie & Fitch’s stock rises as its outlook is lowered

Abercrombie & Fitch said it saw strong consumer demand, but didn't have enough stock to sell, especially of Hollister and…

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Wall Street

Samsung Electronics’ Profits Surge In The Fourth Quarter

Samsung Electronics said its operating profit jumped 52% year-on-year to a four-year quarter high, helped by strong demand for server…

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Wall Street

Iveco Shares Plunge After Its Debut On The Stock Exchange

Iveco shares plunged after CEO said the only Italian truck maker in the market would bet its investments on a…

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News

Once Again, Elon Musk is Selling Tesla Stock

Tesla and SpaceX CEO sold 934,090 new shares, or $1.02B, of his stake in the solar and electric car maker,…

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