Rivian Stock is trading horribly. Wall Street thinks it’s time for an activist.
by Font size Wall Street is not happy with the recent performance of Rivian or Rivian stock. Justin Sullivan/Getty Images Rivian Automotive stock trades much worse …
Tag: Financial performance
GameStop Stock Soars on Surprise Earnings. The Short Squeeze begins.
GameStop shares rose in late trading Tuesday after the video game retailer reported a strong quarter. Jim Watson/AFP via Getty Images Font size GameStop reported …
Nike exceeds profit and revenue expectations. The stock jumps.
Font size Nike shares rose 3.3% in after-hours trading on Tuesday. Scott Olson/Getty Images Nike beat earnings expectations for the third quarter, pushing the stock …
Tesla gets upgrade to Investment Grade from Moody’s
Next week, Tesla was a junk-rated credit with Moody’s, even though Tesla’s financial performance far more justified it by Moody’s own calculations. That changed Monday …
Billionaire investor Leon Cooperman sees a stock picker’s market. Here’s what he’s buying.
“‘We have a self-induced crisis by irresponsible fiscal monetary policy over the last decade.’” — Leon Cooperman, chair of the Omega Family Office That was …
NYCB’s sweetheart deal with the FDIC could take a dividend cut off the table
Last week, investors expected New York Community Bancorp to cut its dividend, but that appears to have changed with a transformative deal the bank signed …
Why is Credit Suisse in trouble? The banking turmoil explained
Stress in the US banking system jumped across the Atlantic this week, causing turmoil for embattled Swiss bank Credit Suisse. CS -6.94% The European lender …
Shares of First Republic plummet after bank bailout, dividend suspension
Friday’s drop reflects concerns that the bailout deal with the big banks won’t fully address problems at First Republic, which also suspended its dividend on …
Apple and other big tech stocks see gains despite bank blowouts Here’s why.
Font size Apple and other big companies have seen their shares rise despite concerns in the banking sector. Pau Barrena/AFP via Getty Images SVB Financial …
First Republic shares fall despite $30 billion Big Banks bailout
JPMorgan Chase and other major banks stepped in to provide support this week Bank of the First Republic at a cost of $30 billion, but …