industry news

Ford stock drops more than 4% as supply costs to jump by $1 billion, parts shortages to leave more cars unfinished

Ford Motor Co. shares fell more than 4% in Monday’s extended session after the company said inflation and parts shortages would leave it with more unfinished vehicles than it had expected, a reminder that Wall Street’s supply chain issues are far from over for automakers. Ford F, +1.43% said it expects to have between 40,000 …

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FedEx Stock Tumbles After Delivering Terrible Earnings News

Text size FedEx disappointed investors Thursday with a surprise shortfall. Benoît Doppagne/BELGA/AFP via Getty Images fedex shares fell after the company doubly disappointed investors on Thursday announcing weak quarterly results earlier than expected while withdrawing its financial guidance for the full year. The stock fell more than 12% in after-hours trading after fedex (ticker: FDX) …

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Ray Dalio says watch out for rates reaching this level, because Wall Street stocks will take a 20% hit

After that CPI shock earlier in the week, Wall Street is showing a fresh batch of data on Thursday, with the overall retail sales figure coming in higher than expected. And a disastrous rail strike can be reversed. But there is little to cheer billionaire investor and hedge fund manager Ray Dalio who, in our …

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Robinhood users buy and hold companies ‘they know, understand and believe in for the long-term.’ Here are their favorite stocks.

According to a new index in the brokerage app aimed at new investors, tech companies, electric vehicle makers and some meme stocks are among the overall mix of stocks in Robinhood users’ portfolios. These are stocks like Amazon AMZN, +2.66%, MicrosoftMSFT, +2.30%, TeslaTSLA, +3.60%, AppleAAPL, +1.88%, Ford Motor Company F, -0.32% and Disney DIS, +2.54%. …

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GigaCloud Stock Tumbles, Joining Meme Old-Timers AMC and GameStop in the Red

Text size The time of dreams GigaCloud technology fell on Monday, restoring early morning gains after retail traders changed their view on the stock. The Hong Kong-based B2B platform completed its Nasdaq IPO on Thursday, with the stock opening at $19.20, 56.7% above the IPO price of $12.25. . The next day, GigaCloud (ticker: GCT …

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Ryan Cohen cashed out of Bed Bath & Beyond stock with more than $58 million profit; shares plunge again

Investor Ryan Cohen confirmed he had sold his entire stake in retailer Bed Bath & Beyond Inc. at a profit of more than $58 million, and the shares fell in after-hours trading for a second consecutive day on Thursday. A filing with the Securities and Exchange Commission that was made public after markets closed on …

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