Month: April 2026
Rivian hits production milestone for R2 EV ahead of customer deliveries
Rivian founder and CEO RJ Scaringe on April 22, 2026 drives the first customer-ready electric R2 SUV off the assembly line at the company’s plant in Normal, Illinois. Courtesy Rivian Rivian Automotive on Wednesday said it has started production of its new R2 all-electric vehicle for customers at its plant in Normal, Illinois. The start […]
Read More
Bessent says ‘many’ U.S. allies have asked for currency swaps amid Iran war turbulence
U.S. Treasury Secretary Scott Bessent arrives to testify during a Senate Committee on Appropriations, Subcommittee on Financial Services and General Government hearing in the Dirksen Senate Office Building on April 22, 2026 in Washington, DC. Chip Somodevilla | Getty Images Treasury Secretary Scott Bessent said on Wednesday that “many” oil-rich U.S. allies in the Persian […]
Read More
Rep. David Scott, a Georgia Democrat seeking his 13th term in Congress, dies at age 80
Rep. David Scott, D-Ga., questions HUD Secretary Marcia Fudge during the House Financial Services Committee hearing titled Building Back A Better, More Equitable Housing Infrastructure for America: Oversight of the Department of Housing and Urban Development, in Rayburn Building on Tuesday, July 20, 2021. Tom Williams | CQ-Roll Call, Inc. | Getty Images U.S. Rep. David Scott, a Georgia Democrat […]
Read More
Joe Terranova shares why he’s buying Netflix stock as it pulls back after earnings
Joe Terranova sees a long-term opportunity in shares of Netflix , thanks to the company’s shift into live entertainment. Terranova said on CNBC’s ” Halftime Report ” on Wednesday afternoon that he moved to the sidelines on the streaming giant when its shares were trading in the mid-70s. However, its current sell-off has created an […]
Read More
Stocks making the biggest moves midday: Axe Compute, AST SpaceMobile, United Airlines, GE Vernova & more
Check out the companies making the biggest moves midday: Calix — The AI and cloud platform tumbled 16% after the company warned of margin headwinds for the year, overshadowing better-than-expected results for the first quarter. TE Connectivity — Shares of the electrical components maker shed 12% after the company’s second-quarter guidance underwhelemed investors. TE sees […]
Read More
Microsoft’s LinkedIn names longtime exec Dan Shapero its new CEO
Daniel Shapero, CEO of LinkedIn and Ryan Roslansky, EVP of LinkedIn and Microsoft Office. Courtesy: LinkedIn Microsoft has tapped Dan Shapero to be the new CEO of its LinkedIn division, succeeding Ryan Roslansky, who has run the subsidiary since 2020 and last year took on additional responsibility in Microsoft’s Office productivity group. The change is […]
Read More
Convenience store owner Yesway is stealing customers from fast-food chains, CEO says
Thomas Trkla, chairman and and chief executive officer of Yesway Inc., during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Wednesday, April 22, 2026. Michael Nagle | Bloomberg | Getty Images Deep-fried burritos and chimichangas from convenience store chain Allsup’s are helping its parent company Yesway steal customers […]
Read More
Adobe tries to climb out of the software stock abyss, with a little help from a buyback and Jensen Huang
Adobe could be crawling its way out of the software stock abyss, after a buyback and an endorsement from Nvidia CEO Jensen Huang revived confidence in the digital media provider. Shares of Adobe, the owner of Photoshop and other tools, have been punished lately, plunging 40% below their May 2025 high and into a bear […]
Read More
Tesla set to report first-quarter results after the bell
Elon Musk waves to the crowd during the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 22, 2026. Denis Balibouse | Reuters Tesla reports first-quarter results after the bell on Wednesday. Here’s what Wall Street is expecting, according estimates compiled by LSEG: Earnings per share: 37 cents estimated Revenue: $22.64 billion estimated […]
Read More
House Republican proposes small-business tax cut to pair with GOP federal budget package
Rep. David Kustoff, R-Tenn., leaves a meeting of the House Republican Conference at the Capitol Hill Club, Sept. 9, 2025. Tom Williams | Cq-roll Call, Inc. | Getty Images Rep. David Kustoff, a Republican member of the House committee that writes tax policy, introduced a bill Tuesday to lower taxes on small businesses in a […]
Read More