General Motors is racing to electrify its vast lineup of vehicles in a concerted bid to outpace Tesla as the No. 1 seller of EVs in the world. But its also competing with Tesla on a whole other front… [+6038 chars]
Elon Musk’s response to Twitter's lawsuit over the billionaire's attempt to call off his $44 billion takeover of the social media company is coming before the end of the week. It is expected to be m… [+2803 chars]
The Dow Jones Industrial Average dropped Thursday morning after first-time jobless claims data. Now investors await Friday's highly anticipated July jobs report. XKey earnings movers Thursday includ… [+5915 chars]
Corporate bond investors appeared pretty bullish on the metaverse Thursday, or at least about digital advertising.Meta Platforms Inc. META, -0.55% , the parent of Facebook, on Thursday saw ro… [+2797 chars]
Embattled electric truck startup Lordstown Motors on Thursday reaffirmed plans to begin commercial production of its first vehicle this quarter and roll out the first customer deliveries by the end o… [+2905 chars]
Former Twitter CEO Jack Dorseys digital payments firm Block Inc. saw its year-on-year (YoY) profits soar 29% to $1.47 billion in Q2, though its Bitcoin business slumped on decreased customer demand a… [+2622 chars]
Online used-car dealer Carvana Co. said it is aggressively cutting costs as demand from consumers remains under pressure and the company faces the prospect of an economic downturn.Carvanaan early p… [+4200 chars]
Electric automaker Lucid Group’s stock (LCID) is crashing this morning after the company slashed its 2022 production guidance and confirmed that it burned through another $800 million during the last… [+2826 chars]
LONDON, Aug 4 (Reuters) - Sterling fell on Thursday after the Bank of England followed its counterparts in the United States and euro zone with a hefty hike in interest rates to quell inflation, sayi… [+4323 chars]
Restaurant Brands International on Thursday reported quarterly earnings and revenue that topped Wall Street's expectations, fueled by international sales growth at Burger King and the recovery of Tim… [+2125 chars]
LONDON, Aug 4 (Reuters) - Oil prices were broadly steady on Thursday as the market weighed tight supply against fears of a demand slowdown, after a build in U.S. crude and gasoline stocks sent prices… [+2581 chars]
Alibaba has faced growth challenges amid regulatory tightening on China's domestic technology sector and a slowdown in the world's second-largest economy. But analysts think the e-commerce giant's gr… [+4752 chars]
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