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thejournalbiz

Tesla Cuts 2022 Vehicle-Delivery Target

Electric-vehicle maker reports near-record profit as its sales miss Wall Street’s expectations Tesla Inc. cut its full-year growth expectations as it adjusts vehicle-shipping patterns, but Chief Executive Elon Musk brushed off worries about

Netflix Stock, User Growth Beats Expectations

Shares of Netflix jumped in late trading after the streaming service reported better-than-expected user growth! For the third quarter, Netflix added 2.4 million paying members world-wide. In July, the company had forecast 1 million adds.

Traders bets against energy stocks!

Short interest in the S&P 500’s best-performing sector rises to its highest level since 2020! Short interest in U.S. energy stocks has risen to 3.9%, the highest level since October 2020, according to S&P Global

Chip Maker TSMC eyes expansion in Japan

Taiwanese semiconductor company is already building big factory subsidized by Tokyo! Taiwan Semiconductor Manufacturing Co. is considering expanding its production capacity in Japan, people familiar with the matter said, in what would be

U.K market struggles for new investors

U.K. stocks and bonds are trading at their lowest levels in decades. Even that hasn’t been enough to entice investors back into the market. Since Liz Truss won the race for prime minister in early September,

Stocks Rise Ahead of Major Earnings

S&P 500 is poised for a second day of gains! as investors consider earnings reports from Goldman Sachs and other fintech companies Stocks opened higher Tuesday, after climbing in yesterday’s trading to start the week.

Bank Earnings and the outlook of  U.S Economy?

Wall Street banks’ latest results offered a pessimistic picture of the U.S. economic outlook! The nation’s biggest lenders used their quarterly reports to reassure investors about their own financial health, while flagging signs