Tag Archives: higher

Lordstown stock higher as first deliveries begin

Lordstown stock higher as first deliveries begin

Lordstown Motors (RIDE), the embattled EV truck maker, finally has some good news to share with the automotive world, and investors. The company’s long-awaited EV pickup, the Endurance, has achieved full homologation, meaning it now complies with safety requirements for sale in the U.S., the company said. In addition, the Endurance has received EPA and CARB (California Air Resources Board) certification, meaning it is now rated by both agencies. Finally, and most importantly, the company… Source link

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Rivian stock higher after EV-maker reaffirms production forecast, reports narrower loss

Rivian stock higher after EV-maker reaffirms production forecast, reports narrower loss

Rivian (RIVN) stock jumped after hours as the electric adventure vehicle maker reported a narrower loss than expected loss for the third quarter, and also reaffirmed its full-year production forecast and financial outlook. For the quarter Rivian reported revenue of $536 million, missing estimates of $561.1 million, and reported an adjusted EPS loss of $1.57 a share, smaller than the expected loss of $1.86. More importantly for investors, the company said it would still hit its 25,000 vehicle… Source link

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Stock futures edge higher ahead of midterms

Stock futures edge higher ahead of midterms

Stocks rallied Tuesday as investors awaited the outcome of the midterm elections in the U.S. The S&P 500 (^GSPC) inched higher by 0.6%, while the Dow Jones Industrial Average (^DJI) ticked higher by 335 points, or roughly 1%. The technology-heavy Nasdaq Composite (^IXIC) edged higher by 0.5% after wavering during afternoon trading. It was the third-straight day of gains for the major indexes ahead of another week of potential market-moving events: corporate earnings, midterm elections, and… Source link

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Stocks tumble after Powell’s slower but higher cues

Stocks tumble after Powell’s slower but higher cues

U.S. stocks fell lower Thursday as Wall Street reeled from assertions by Federal Reserve Chair Jerome Powell that hopes for a policy pivot were “premature” after the central bank delivered a fourth consecutive interest rate hike of 75 basis points. The S&P 500 (^GSPC) sank 1.1% after the index plunged 2.5% in the previous session, its worst loss on a Fed day since January 2021, per Bloomberg data. The Dow Jones Industrial Average (^DJI) shed 150 points, or 0.5%, and the technology-focused… Source link

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McDonald’s customers aren’t pushing back on higher prices, analyst says

McDonald’s customers aren’t pushing back on higher prices, analyst says

McDonald’s (MCD) customers in the U.S. are still lovin’ the fast food chain, even with higher prices. In the third quarter, U.S. sales at the Golden Arches increased by 6.1% as more customers made their way back inside restaurants while delivery sales saw a record-high quarter and drive-through sales returned to pre-COVID levels. This positive momentum came despite menu prices increasing by 10% year-over-year. “McDonald’s in the U.S. had positive traffic — not many restaurants today have… Source link

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Stocks push higher as Apple boom outweighs Amazon miss

Stocks push higher as Apple boom outweighs Amazon miss

  U.S. stocks elbowed their way past an earnings miss from Amazon to charge higher Friday, boosted by an Apple beat that helped offset some concerns from a a rough week of third-quarter Big Tech results. The S&P 500 (^GSPC) gained 1.6%, while the Dow Jones Industrial Average (^DJI) bounced nearly 600 points, or 1.8%. The tech-heavy Nasdaq Composite (^IXI) rose 1.7%. The moves came as Treasury yields charged back above 4%. On the economic data front, the Federal Reserve’s preferred inflation… Source link

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Stock futures edge higher ahead of inflation report, Fed minutes

Stock futures edge higher ahead of inflation report, Fed minutes

U.S. stock futures were higher Wednesday but pared some earlier gains as investors weighed producer price data that came in slightly higher than expected. S&P 500 futures (^GSPC) rose 0.2% while futures on the Dow Jones Industrial Average (^DJI) ticked up 0.15%. The technology-heavy Nasdaq Composite (^IXIC) rose by 0.2%. Wall Street has been keeping a close eye on monetary action overseas, as Bank of England Governor Andrew Bailey announced the bank would end its emergency bond-buying program… Source link

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Help your practice rank higher in local Google searches

Help your practice rank higher in local Google searches

A robust online presence is crucial if you’re looking to acquire new patients, grow your practice, and increase revenue. Online searches are used every day to find just about everything: a nice restaurant, curated cocktails, a coffee shop, and even the friendly neighborhood eye doctor. A robust online presence is crucial if you’re looking to acquire new patients, grow your practice, and increase revenue. With this in mind, ensuring your private practice ranks high in local and “near… Source link

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Stock futures higher after August jobs report

Stock futures higher after August jobs report

U.S. stocks opened Friday’s trading session higher following an in-line August jobs report. Shortly after the opening bell, the S&P 500 was up 0.7%, the Nasdaq up 0.7%, and the Dow was up about 150 points, or 0.5%. This jump follows a volatile trading session on Thursday that saw all three major indexes sink before paring losses, with the S&P 500 and Dow finishing September’s first trading session in the green. Data from the Labor Department published Friday morning showed nonfarm payrolls grew… Source link

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‘Limited’ oil and gas capacity could send prices higher in 2023, analyst says

‘Limited’ oil and gas capacity could send prices higher in 2023, analyst says

Oil prices could spike again by the beginning of 2023, says one analyst. “Domestically, whether it’s oil or it’s gas, these companies have very very limited incremental capacity at this time,” Truist Securities Managing Director of Energy Research Neal Dingmann told Yahoo Finance Live. U.S natural gas prices rallied on Monday to new 14-year highs over reserve concerns and the energy crisis in Europe. Oil prices declined during the session amid worries of a global slowdown and the prospects of… Source link

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