Tag Archives: industrial news

American Airlines CEO: “Let’s fly, for God’s sake”

The pandemic is not yet affecting American Airlines, not if its CEO has anything to say about it anyway. “We’re going to fly, for heaven’s sake,” CEO Doug Parker told the Wall Street Journal. [The Wall Street Journal shares common ownership with MarketWatch.] “If it doesn’t work, we will remove …

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EV Stock NIO rally has gone too far, says Goldman

Text size Goldman Sachs analyst Fei Fang downgraded US depositary receipts from Chinese electric vehicle maker NIO to Sell from Hold. ADRs are falling on Friday, but that’s after nearly doubling in the past month. Photography by Giulia Marchi / Bloomberg Recovery of a stock of electric vehicles has gone …

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Nio Stock Drops, Netflix Sinks and Dow Might Open Higher

Text size US stocks rose slightly in pre-trade, as investors worried about rising tensions between the US and China, as well as cases of coronaviruses continuing to rise in what appears to be a stereotypical summer. on Friday. Dow Jones Industrial Average futures were up 75 points, or 0.3%. S&P …

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