Tesla Reports Fourth Straight Quarter Of Profits In Blockbuster YearBay Area-based Tesla Inc. and CEO Elon Musk continued their winning streak Wednesday, reporting second-quarter net income of $104 million to mark the first time the company has reported four consecutive profitable quarters.
News Of California's Reopening Rollback Sends Stocks Into ReverseWall Street got a painful reminder of the threat the coronavirus pandemic poses to the economy Monday, and a big early gain for stocks suddenly flipped to losses after California rolled back its reopening plans amid a spike in cases.
Stocks Surge To Highest Levels Since Shutdown As U.S. Death Toll Nears 100,000Stocks surged on Wall Street to their highest levels since the business shutdowns took hold in the U.S. over two months ago, climbing on optimism Tuesday about the reopening economy even as the nation’s official death toll from the coronavirus closed in on 100,000.
Tech, Health Care Stocks 'Resilient' Amid Widespread Losses During COVID-19 PandemicEven with the coronavirus pandemic throwing the global economy into disarray, tech stocks in the S&P 500 have been remarkably resilient. They’re up 4.1% for 2020.
As Oil Prices Plummet U.S. Stocks Suffer Worst Loss In WeeksThe Dow Jones Industrial Average fell 631.56 points, or 2.7%, to 23,018.88, and the Nasdaq was down 297.50, or 3.5%, to 8,263.23.
Mounting Coronavirus Fears Triggers Brutal Stock Sell-Off; Dow's Biggest Point Drop EverThe coronavirus pandemic's effect on the economy triggered a major sell-off Monday on Wall Street, where the Dow Jones Industrial Average dropped nearly 1,000 points in the final hour of trading to drop just short of 3,000 points for the day, the Dow's worst point drop in history.
Wall Street, Tech Stocks Suffer Opening Bell 2,000-Point Sell-Off; Trading Halted For 15 Minutes After Steep Decline After two weeks of steady declines, Wall Street was bracing for a steep tumble fueled by coronvirus fears and an oil price war between OPEC countries and Russia at Monday's opening bell as Dow futures shed nearly 1,300 points in overnight trading.
Tesla Posts Quarterly Profit, Surprising Wall Street And Thrilling InvestorsTesla posted an unexpected profit, surprising Wall Street and thrilling investors and its customer base.
Protecting Your 401k: What Is The Yield Curve And Why It MattersThe bond market is flashing a big neon caution sign.
Rough Day On Wall Street After Feds Cut Key Interest Rate For First Time Since 2008
San Francisco-Based Slack Shares Soar On First Day Of TradingShares of San Francisco-based Slack, a popular messaging platform, soared Thursday on the their first day of trading on the New York Stock Exchange.
Tesla Stock Plunges As Analyst Calls 'Code Red' On Car-Maker's IssuesTesla stock was hammered Monday after an analyst once bullish on the electric car maker said the company's various issues have put it in a "code red" situation.
Rideshare Drivers Plan Collective Strike Ahead Of Uber's IPOUber is about to raise billions by going public and Lyft has already cashed in with Wall Street investors. Rideshare drivers who also want a piece of the action are planning a collective protest.
Uber Looks To Raise Up To $9 Billion With IPO; Drivers Threaten StrikeRide-hailing giant Uber is hoping to raise $9 billion in its mammoth initial public stock offering next month, but it may be hard to find a ride on the streets of San Francisco that day.
Oakland Nonprofit Aims To Reduce Number Of Small Plastic 'Nurdles' Ending Up In OceanThere are growing protests over the amount of plastic "nurdles" ending up in the world’s oceans, but an Oakland nonprofit is helping find out where they're coming from and who's responsible for them.