Mercedes-Benz Challenges Tesla with New Electric-Sedan Concept
Mercedes-Benz unveils the CLA Class, an electric-sedan concept with superior range, challenging Tesla in the EV sector. The automaker aims to dominate the industry with sustainable and innovative offerings.
The Goldilocks Jobs Report of August
The August jobs report reveals positive trends in the labor market and suggests potential stock market gains as interest rates stabilize. Investors are hopeful for a 'Goldilocks' scenario.
Penn Entertainment Chairman Buys Shares as Stock Slides
David Handler, chairman of Penn Entertainment, has purchased shares of the company as the stock reaches a multiyear low. Despite a major partnership with ESPN, the stock continues to hover near its low point. Handler's recent share purchase...
Nutanix Stock Soars as Full-Year Outlook Raises
Nutanix experiences a surge in stock prices after announcing an improved full-year outlook and reporting impressive fourth-quarter performance. Analysts raise price targets.
Federal Student Loans Set to Resume
Federal student loans are set to resume after a payment pause due to Covid-19. The article discusses interest rates, the new SAVE Plan, potential impact on stocks and lenders.
Inflation Remains a Concern for the Federal Reserve
Cleveland Federal Reserve President expresses concerns about high inflation and the need for further action. Rate hikes, labor market, and long-term projections discussed.
PagerDuty Inc.'s Strong Quarterly Results Exceed Expectations
PagerDuty Inc. exceeds revenue and earnings estimates in impressive quarterly report, showcasing resilience in challenging market conditions.
Biden Administration's Plan to Support Electric Vehicle Production
The Biden Administration commits $12 billion to support EV production and aims for 50% of new US vehicles to be zero-emissions options by 2030.
Taylor Swift Movie Boosts AMC Entertainment Holdings Stock
Shares of AMC Entertainment Holdings rise after the announcement of an upcoming Taylor Swift movie. The stock has faced challenges during a difficult summer for investors.
AltaGas Acquires Pipestone Natural Gas Processing Plants in Alberta
Energy infrastructure company AltaGas purchases Pipestone natural gas processing plants and storage facility to bolster presence in Alberta's resource-rich Montney region.