Month: February 2023
Inventory futures slip after traders wrap up a losing February: Are living updates
Rebecca Patterson is hunting to defensives, T-expenditures for around-phrase marketplace insurance coverage Rebecca Patterson, regarded for her previously leadership at Bridgewater, is preparing for a near-term current market downturn. In purchase for the Federal Reserve to relieve its desire amount-mountaineering campaign, Patterson explained there requires to be a lot much more financial weak point and […]
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General Motors cuts 500 salaried employees
Mary Barra, CEO, GM at the NYSE, November 17, 2022. Source: NYSE DETROIT – General Motors is cutting hundreds of salaried positions as it follows other major companies, including competitors, in downsizing headcounts to preserve cash and boost profits. The cuts affect about 500 positions, according to a person familiar with the plans, which were […]
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Shares creating the most significant moves immediately after the bell: Novavax, To start with Photo voltaic, Rivian and extra
In this posting NVAX RIVN MNST FSLR AMC HP Stick to your beloved stocksBuild Absolutely free ACCOUNT A worker installs Initially Photo voltaic Inc. photovoltaic photo voltaic panels at the Agua Caliente Solar Undertaking in Yuma County, Arizona. Joshua Lott | Bloomberg | Getty Illustrations or photos Verify out the corporations producing headlines in just […]
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Rocket Lab quarterly revenue stays steady as space company doubles order backlog
Electron rockets undergo preparation for launch. Rocket Lab Rocket Lab said Tuesday it has doubled its order backlog — from about $241 million in contracts at the end of 2021 to $503.6 million at the end of 2022 — and made progress on the Neutron rocket it’s developing. The space company also reported fourth-quarter revenue […]
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Norwegian Cruise Line shares slide 10% as soft outlook, wider losses eclipse robust demand
A watch of the Norwegian Encore cruise ship during its inaugural sailing from PortMiami, which took position from Nov. 21-24, 2019. Orlando Sentinel | Tribune Information Provider | Getty Illustrations or photos Norwegian Cruise Line shares fell additional than 10% on Tuesday after the organization posted wider losses than anticipated and provided gentle advice for […]
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FDA advisors recommend Pfizer RSV vaccine for older adults, despite possible Guillain-Barre risks
Blood sample for respiratory syncytial virus (RSV) test Jarun011 | Istock | Getty Images The Food and Drug Administration’s independent advisors on Tuesday recommended Pfizer’s RSV vaccine for adults ages 60 and older, despite safety concerns after two people who received the shot developed a rare neurological disorder. Though a majority of the FDA committee […]
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10-calendar year Treasury generate briefly hits best degree due to the fact November
U.S. Treasury yields were being little altered on Tuesday to cap off a month of sharp gains, as traders weighed the prospective clients of tighter for for a longer period monetary policy. The yield on the benchmark 10-year Treasury take note was previous lower by 1 basis level at 3.912%. Earlier, it touched a substantial […]
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Rivian posts mixed fourth quarter and underwhelming EV production outlook, stock falls
Rivian electric pickup trucks sit in a parking lot at a Rivian service center on May 09, 2022 in South San Francisco, California. Justin Sullivan | Getty Images Electric vehicle startup Rivian Automotive reported mixed fourth-quarter earnings and a lackluster production outlook after the bell Tuesday. Here’s how Rivian performed in the period, compared with […]
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Virgin Galactic completes lengthy upgrade process ahead of resuming spaceflights
An aerial view of carrier aircraft VMS Eve, left, and spacecraft VSS Unity, at Spaceport America in New Mexico on Feb. 27, 2023. Virgin Galactic Virgin Galactic said on Tuesday it remains on track to resume spaceflights in the coming months after completing upgrades to its carrier aircraft and spacecraft. The update came alongside the […]
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Bitcoin, ether on track for a optimistic February irrespective of mid-month drop and fading 2023 possibility rally
Jtsorrell | Istock | Getty Pictures Bitcoin and ether are on rate for a modest February gain, even immediately after suffering a significant fall previously in the month. Bitcoin is set to article a approximately 1% obtain for the thirty day period, in accordance to Coin Metrics. In January bitcoin posted a 38% rise and […]
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