Text size Getty Images U.S. equities stand despite the lack of progress in efforts to negotiate another stimulus package and further data showing strengthening inflation. Shortly after the open, the Dow Jones Industrial Average averaged 263 points, or 1%, up 27,950. The S&P 500 also advanced 1%, while the Nasdaq …
Read More »Qualcomm stock jumps to court over antitrust reference. here is Why.
Text size Pau Barrena / AFP via Getty Images Shares of mobile device maker Qualcomm jumped into trading on Tuesday after the U.S. Court of Appeals for the Ninth Circuit ruled against the Federal Trade Commission in a major anti-trust case. Qualcomm (ticker: QCOM) stock gained 3.6% to $ 110.24 …
Read More »Largest wind turbine maker Fewer in the world hit record highs as US demand sells
Text size Getty Images Vestas Wind Systems‘s stock hit record highs on Tuesday as strong demand in the US for wind turbines in the second quarter drove upward sales. The world’s largest wind turbine manufacturer restored its lead year-on-year as sales rose to € 3.5 billion – a 67% increase …
Read More »NIO Beat expectations about profit. Here’s why his forehead falls.
Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
Read More »NIO Beat expectations about profit. Here’s why his forehead falls.
Text size NIO sells its electric cars only in China. Greg Baker / AFP via Getty Images Shares in Chinese electric car maker NIO fell Tuesday morning after the company reported second-quarter sales that were better than expected. Despite the reaction, the report is another good data point for the …
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