Shares of Tesla Inc. charged higher toward another record on Monday, after even the most bearish analyst on Wall Street raised its target price after the results of deliveries by the electric vehicle maker. NIO Inc.’s rival Tesio of NIO shares, + 23.45% it also shot up to a record, …
Read More »Impossible sausage is coming to Burger King. Which means beyond the meat.
Text size The impossible sausage, served as a croissant sandwich. Courtesy of Burger King. Beyond meat‘s Impossible Foods is launching its fake sausage product in Burger King, a signal to investors that interest in alternative protein remains high and that competition within the burgeoning industry remains strong. Burger King, owned …
Read More »Here’s the impact on revenue Facebook will take when Diageo and Starbucks join the list of companies pulling ads from the platform.
Facebook shares fell in pre-market trading on Monday, after Diageo and Starbucks became the latest companies to stop advertising on social media platforms for ineffective surveillance of hate speech. Shares of the social networking company FB, -2.48%, which operates Instagram and WhatsApp, in addition to its eponymous platform, fell more …
Read More »Stock market gains despite coronavirus spread, disappointing unemployment claims
Text size Illustration by Mike Haddad. Investors analyzed concerns about the virus midday Thursday, taking advantage of some early gains even amid mixed data. The Dow Jones Industrial Average and S&P 500 rose 0.2% in recent trade, while the Nasdaq Composite rose 0.4%. The latest unemployment figures show that while …
Read More »Disney workers reject park reopening plans as Covid cases increase
Walt disney Co. It faces increasing pressure to postpone the reopening of its theme parks in the United States, with union officials and workers saying the recent jump in coronavirus cases makes it too dangerous to return to the Magic Kingdom. Union officials representing workers at Disneyland Resort in Anaheim, …
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