Self-driving truck startup Kodiak Robotics said it won a $49.9 million Defense Department contract to help develop automated combat vehicles for the U.S. Army.
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JPMorgan double downgrades Royal Caribbean Group, says it’s ‘more vulnerable’ to macro pressures
The firm expects the cruise line stock could fall 20%.
Continue readingValvoline will be a ‘faster growing’ business after a planned split, RBC says in new outperform rating
The bank expects that sales growth in the mid-teens is “achievable” for the Kentucky-based lubricants maker over the medium term.
Continue readingCramer’s lightning round: I can’t recommend Penn Entertainment right now
“Mad Money” host Jim Cramer rings the lightning round bell, which means he’s giving his answers to callers’ stock questions at rapid speed.
Continue readingJim Cramer urges investors to exit crypto – ‘it’s never too late to sell’
The collapse of FTX, the bankrupt cryptocurrency exchange that was worth $32 billion at its peak, has thrown the crypto space under intense scrutiny.
Continue readingThe Fed can’t stop raising interest rates due to these 4 factors, Jim Cramer says
“This market’s hostage to the Federal Reserve, and the Fed’s not going to stop tightening until they see more evidence of real economic pain,” Jim […]
Continue readingFord CEO says 65% of U.S. dealers agree to sell EVs under company’s investment programs
About 1,920 of Ford’s nearly 3,000 dealers in the U.S. agreed to sell EVs, according to CEO Jim Farley.
Continue readingPepsiCo plans to cut hundreds of corporate jobs, report says
PepsiCo is eliminating hundreds of jobs in North American workforce, according to the Wall Street Journal.
Continue readingNorth Face owner VF Corp. falls 10% after guidance cut, CEO steps down
VF Corporation on Monday lowered its revenue and earnings expectations for the second half of its fiscal year.
Continue readingDHL buying Ford E-Transit cargo vans showcases the automaker’s electric vehicle strategy
The benefits of Ford Motor’s (F) multipronged EV strategy are on display in delivery giant DHL’s plans to acquire 2,000 E-Transit vans.
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