Business
Mullen Seeks Reverse Stock Split Approval as Stock Faces Record-Low Levels
Mullen Automotive, an emerging player in the electric vehicle (EV) manufacturing sector, disclosed its submission of a preliminary proxy statement to the Securities and Exchange...
Wall Street’s Top Research Calls: What Investors Need to Know Today
Most impactful research calls from Wall Street, all conveniently compiled in one place. Today’s essential insights for investors are right here, courtesy of The Fly...
Nxu Announces Pricing of Public Offering for EV Charging and Energy Storage Solutions
Nxu, Inc (NASDAQ: NXU), a prominent domestic technology firm specializing in cutting-edge EV charging and energy storage solutions crucial for the forthcoming era of electrification,...
Wall Street Banks Anticipate Delayed Deal-Making Profits
Wall Street Banks Anticipate Delayed Deal-Making Profits: Wall Street executives are delivering a sobering message to investors who had been anticipating a third-quarter surge in...
Treasury Yields Surge, Hitting 4.9% – a Level Last Seen in 2007, Prompting Stock Decline
In a notable financial development, Treasury yields experienced a significant surge on Wednesday, with the 10-year Treasury reaching 4.9%, a level not witnessed since 2007....
Tesla, GM, and Ford Express Concerns Over EV Production Amid Economic Uncertainties
Tesla CEO Elon Musk, in line with automotive giants General Motors (GM) and Ford, has urged caution regarding the escalation of electric vehicle (EV) production...
American Airlines Exceeds Profit Expectations Amidst Rising Operational Costs
American Airlines reported an adjusted profit of 38 cents per share for the quarter ending September 30, surpassing analysts’ projections of 25 cents per share,...
Gilead Sciences Invests $100 Million in Assembly Bio for Antiviral Breakthroughs
Gilead Sciences, a leading biopharmaceutical company, has embarked on a landmark 12-year collaboration with Assembly Bio, marking a significant stride in the realm of antiviral...
Shares of Major US Airlines Experience Decline Following United Airlines’ Weak Q4 Forecast
The shares of major US airlines took a significant hit on Wednesday, prompted by United Airlines’ underwhelming fourth-quarter forecast issued the previous day. Concerns are...
Top US Banks Contemplate Job Cuts Amid Lingering Economic Uncertainty
The leading US banks are bracing for potential job cuts, as a persisting economic downturn threatens to impede investment banking activities. Cautionary statements issued by...