Much has been made about the hefty sum that Tesla Inc. has invested in bitcoin, a speculative asset that has only been around since 2009. Read: Why did Tesla buy bitcoin? However, early estimates from prominent technology analyst Dan Ives sees the investment by the electric-vehicle maker, headed by outspoken …
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Headphone maker Koss Corp., whose heavily shorted stock has been among those skyrocketing in recent weeks amid support from investors on Reddit’s WallStreetBets message board, swung to a second-quarter profit thanks to higher sales. Shares of Koss rallied more than 45% in the extended session Thursday, after closing down 28% …
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Dear Moneyist, Last week, my parents surprised my three siblings and I, by giving us an in-life inheritance of $ 8 million U.S. dollars in stocks, bonds, ETFs etc. in a shared account (25% for each). As my brothers and I were discussing that we’d re-invest almost all of the …
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Peloton Interactive Inc. reported fiscal fourth-quarter earnings Thursday afternoon. MarketWatch photo illustration/iStockphoto A year after its initial public offering, Peloton Interactive Inc. is pedaling toward new highs amid a pandemic that is forcing people into their homes and away from gyms, creating demand for at-home fitness equipment. Peloton PTON, -3.75% …
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(FILES) This file photo taken on September 25, 2014 shows a packet of Camel cigaretes taken in Paris. joel saget/Agence France-Presse/Getty Images British American Tobacco said its first-half profit edged higher, as sales of higher-priced items and cost cuts offset a fall in volume. British American Tobacco BATS, +1.11% BTI, …
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Tesla Inc. stock rose more than 5% late Wednesday after the Silicon Valley car maker reported a second-quarter GAAP and adjusted profit, setting it on a course to join the S&P 500 index and surprising investors as most of the quarter was beset with coronavirus-related stoppages. Tesla TSLA, +1.52% said …
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Dropbox Inc.’s first quarterly profit since its debut as a publicly traded company in 2018 came a bit sooner than it expected. But in a rapidly evolving work environment that puts a premium on collaboration from far-flung locations, the company might come to expect profits as routine. “There is enormous …
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Carrefour SA reported Thursday a swing to net profit for 2019 despite booking a slightly lower revenue, and raised its transformation targets due by 2022. The French grocer CA, +1.55% made a net profit of 1.13 billion euros ($ 1.23 billion) for the year compared with a loss of EUR561 …
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D AFP/Getty Images Danone SA said Wednesday that net profit fell for 2019 and it issued new guidance for 2020. The French food company BN, +0.06% said net profit for the year was 1.93 billion euros ($ 2.09 billion), compared with EUR2.35 billion the year previous. An analyst consensus provided …
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