Auto sales dip in March due to high prices and high borrowing rates
Sales of new cars and trucks in the U.S. fell 2% in March to leave auto purchases well below 2023 year-end levels, indicating that high...
Vanda Pharmaceuticals shares jump 30% after FDA approval of Fanapt for bipolar I disorder
The biopharmaceutical company said Tuesday the latest marketing approval increases the commercial opportunity of the treatment.
Intel foundry losses expected to peak this year after hitting $7 billion in 2023
Intel broke out its product and foundry financials, showing investors their different margin profiles.
Dave & Buster’s fourth-quarter profit falls as sales continue to slide
Dave & Buster’s Entertainment posted a lower profit in the fiscal fourth quarter as the company’s comparable sales continued to slide.
GM’s quarterly sales drop 1.5%, inventory at its highest since 2020
At GM, EVs “acted as a drag on overall volumes,” declining by 20.5% year-on-year, CFRA analyst Garrett Nelson said in a note Tuesday.
Tesla’s delivery woes suggest the EV maker has an Elon Musk problem
Tesla Inc.’s “significant miss” on its first-quarter delivery numbers rattled Wall Street on Tuesday — and the disappointing numbers indicate that at least one of...
Disney’s largest shareholder Vanguard reportedly backing management over Peltz in board fight
Vanguard has voted for Disney management ahead of Wednesday's shareholder meeting, Bloomberg News reported citing people familiar.
COTI unveils V2 Whitepaper for enhanced Ethereum confidentiality
COTI Network launches V2 Whitepaper for Ethereum, boosting confidentiality. The V2 whitepaper unveils innovative features including Garbling Protocol and gcEVM for secure transactions. COTI token...
TRON Foundation and Justin Sun claim SEC lack jurisdiction over foreign defendants
TRON Foundation and Justin Sun lead other co-accused to challenge SEC’s jurisdiction in lawsuit. The defendants argue SEC lacks authority over foreign conduct and they...