Alfa Romeo unveils new electric-hybrid SUV with NFT, blockchain technology
The Italian automaker's new subcompact Tonale SUV will include a NFT and based on blockchain technology, the company said Tuesday.
Pfizer expects $54 billion in 2022 sales on Covid vaccine and treatment pill
Pfizer expects to sell $32 billion of its Covid-19 shots and $22 billion of its antiviral coronavirus treatment pill Paxlovid.
Return-to-office will boost demand for personal care products in the spring and summer, Edgewell CEO says
"We're optimistic for the balance of the year," Edgewell Personal Care CEO Rod Little told CNBC on Tuesday, as the company's stock sold off post-earnings.
Peloton posts loss, slashes its full-year revenue outlook as founder steps down from CEO post
Peloton on Tuesday slashed its financial outlook for the full year as the company announced CEO John Foley will be stepping down.
Peloton names tech exec Barry McCarthy to replace CEO John Foley, unveils plan to cut costs
Peloton said it expects to slash roughly $800 million in annual costs and reduce capital expenditures by about $150 million this year.
Chipotle shares rise on better-than-expected earnings, CEO says chain is ‘fortunate’ it can raise prices
The burrito chain is facing higher costs for labor and ingredients, but price hikes helped offset their impact.
Biden finally acknowledges Tesla’s EV leadership after a year of silence
President Joe Biden on Tuesday acknowledged Tesla and the company's status as the nation's largest producer of electric vehicles.
Spotify stock plunges on middling user growth projections
In Q1 2022, Spotify expects to report 418 million monthly active users. Analysts anticipated guidance of 417.8 million, according to StreetAccount.
Ford shares fall after fourth-quarter earnings significantly miss Wall Street’s expectations
Ford Motor reported earnings after the bell. Here are the results.