Trump tariffs on China have been slashed for 90 days. Shipping stocks are rallying on hopes for rebounding activity, but uncertainty remains. Source link KIT NORTON
President Trump's China Tariff Cuts Revive Shipping Sector, But Uncertainty Remains Read More »
FedEx saw fiscal second-quarter earnings come in slightly above analyst expectations Thursday as the company also announced plans to spin off its freight business into a separate public company with the delivery heavyweight in cost-cutting mode. The company reported Thursday
FedEx Stock Retreats After ‘Market Cheers’ Freight Spin Off Read More »
FedEx saw fiscal second-quarter earnings come in slightly above analyst expectations Thursday as the company also announced plans to spin off its freight business into a separate public company with the delivery heavyweight in cost-cutting mode. The company reported Thursday
FedEx Stock Soars After Announcing Freight Spin Off; Mixed Q2 Earnings Read More »
FedEx has implemented several cost-cutting initiatives in recent months, including combining its ground, air and other operations in a single company. Morgan Stanley analyst Ravi Shanker wrote earlier this month that “pressure is on” FedEx for a performance rebound in
FedEx Is In Cost Cutting Mode But The ‘Pressure Is On’ For Q2 Read More »
Oklo — the nuclear power startup backed by OpenAI head Sam Altman — announced Wednesday it has signed an agreement to provide as much as 12 gigawatts of energy to Switch, an AI provider and data center operator. The advanced
Sam Altman Nuclear Startup Continues Hot 2024 With 12-Gigawatt Data Center Deal Read More »
Constellation Energy led the S&P 500 early Thursday after receiving a stock upgrade and price target hike. Source link KIT NORTON
S&P 500 Nuclear Leader Constellation Energy Tops Indexes After Upgrade Read More »
Rivian shares have plummeted 49% in 2024 as the EV startup is looking to challenge Tesla, Ford, General Motors and other autos with its adventure-styled electric vehicles. On Nov. 13, RIVN shares surged 13.7% to 12.03 during market trade after
Is Rivian Stock A Buy Or A Sell With $5.8 Billion Volkswagen Joint Venture Finalized? Read More »
Talen Energy reports third-quarter earnings and revenue early Thursday, giving investors a chance to hear from the company after federal regulators recently rejected a $650 million nuclear deal between Talen and Amazon.com. Analysts expect the Houston-based Talen Energy to report
Nuclear Company Reports Earnings Fresh Off Regulators Rejecting Amazon Deal Read More »
S&P 500 leader Vistra topped third-quarter revenue expectations early Thursday, gave initial 2025 guidance and announced an additional $1 billion for its share repurchasing program. Vistra’s Q3 results come along with several other nuclear-related companies on Thursday as the sector
The sector has brushed off the rejected nuclear deal between Amazon.com and Talen Energy. Analyst consensus puts Vistra Q3 EPS ahead 9% to $1.64 on revenue of $5.01 billion, up 22% vs. Q3 2023. The nuclear power utility’s third-quarter announcement
S&P 500 Leader To Report Earnings As Industry Dismisses Regulatory Rejection Read More »
