Taylor Swift continues to boost the NFL’s profile. NBC’s Sunday Night Football game between the New York Jets and the Kansas City Chiefs averaged 27 million viewers, making it the most-watched TV…
Tag: industrial news
GameStop’s stock on pace for lowest close in two-and-a-half-years
Shares of GameStop Corp. fell 6.9% Monday and are trading at $15.33, putting the stock on pace for its lowest close since Feb. 23, 2021, when it closed at $11.24, FactSet data…
3M stock descends toward an 11-year low as PFAS concerns continue
Shares of 3M Co. MMM, -3.57% took a 3.8% hit Monday, enough to lead the Dow Jones Industrial Average’s DJIA, -0.69% losers, as they continued to feel the weight of investor concerns…
Microsoft CEO Testifies on Limits of AI at Google Trial
Satya Nadella said Monday at the antitrust trial against Google that there might be limits to how much artificial intelligence can reshape the internet search market. Source link
Stocks of both former-Kellogg Kellanova, and new WK Kellogg drop on first day after separation completed
Kellanova K, -6.34%, formerly known as Kellogg Co., didn’t receive a warm reception on the first day as a snacks, frozen foods and international cereals company, and the new North America cereals…
Rivian delivers 15,564 EVs in Q3, more than double that of a year ago
Rivian Automotive Inc. said Monday that it delivered more than 15,000 vehicles in the third quarter, which was more than double what it delivered a year ago. Although the California-based electric vehicle…
For Tesla's Cybertruck, Another Sales Launch Date Comes and Goes
The EV maker, known for ambitious goals, is betting customers will stick around for the long-awaited electric pickup. Source link
Fisker closes $170 million convertible note offering, can now offer up to additional $623.3 million
Fisker Inc. said Monday it has closed a $170 million additional offering of 0% convertible notes due 2025 to an institutional investor with the notes offering an original issue discount of about…
PG&E's $6 Billion Plan to Prevent Wildfires Is in Peril
California regulators are likely to significantly restrict the number of power lines the company can bury in the coming years in favor of other ways to reduce fire risk. Source link
Rivian’s Quest to Build the Ultimate Electric Truck Burns Through Billions
Listen to article (2 minutes) Rivian Automotive set out to build the ultimate electric vehicle for American consumers—a pickup truck with sports-car handling and a dizzying array of features. Copyright ©2023 Dow…