Shares of FedEx Corp. and United Parcel Service Inc. rose on Monday, to deliver a more than 120-point boost to the Dow Jones Transportation Average, amid Bullish analysts’ remarks about the package delivery giants given signs of increasing e-commerce volume and improved prices. FedEx’s stock FDX, + 8.96% shot up …
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Text size Shares in commercial airline Boeing shares were up 5% Monday afternoon, adding 57 points to the Dow Jones Industrial Average’s 330 points gain, making it the largest single participant in the Dow index. The reason for this is the Boeing stock market (ticker: BA) is obviously Covid-related. The …
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Shares of Nikola Corp. increased by as much as 22% on Monday morning after the company confirmed an order for thousands of electric waste trucks for Republican Services. The order includes 2,500 electrified chassis, with the option to increase the order to 5,000 units, the aspiring zero-emission manufacturer said in …
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Xpeng Motors latest electric car is called the P7. Xpeng Motors Chinese startup electric car Xpeng Motors has filed for an initial public offering (IPO) on the New York Stock Exchange, according to an official statement. While the company did not disclose how many Class A common shares it would …
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Corporate profits have so far surpassed low expectations so far this winning season, but there are still a lot of wild cards left in the deck. Consensus S&P 500 SPX, + 0.06% income taxes rose only 3% for the third quarter and are not budgeted at all in the fourth …
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