Shares of American Airlines Group Inc. sank to a seventh consecutive loss on Thursday, triggering a rebound in the broader airline sector, as continued improvement in travel demand collides with an increase in new COVID-19 cases to keep Wall Street sentiment under control. American Airlines USA Shares: AAL It plunged …
Read More »Another electric van is coming. This is what you need to know.
Text size Private company Lordstown Motors has entered the fray, unveiling its all-electric pickup, Endurance. Servpro, a fire and water damage restoration company, has promised to order 1,200 trucks. Courtesy photography The fully electric truck space is getting crowded. More market participants compete for a share of this lucrative segment …
Read More »Dell shares soar as it reports it’s weighing up the VMware Stake spin-off
Text size Justin Sullivan / Getty Images Shares of Dell Technologies soared in recent operations after The Wall Street Journal reported that the company hired advisers to consider options for the company’s 81% stake in business software company VMware.. A transaction would be intended to address the valuation disparity between …
Read More »