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Revenue drops, shares jump on Elon Musk’s plan to launch new models

Tesla announced on Tuesday that it had brought forward the release of new models, sending its stock up 6% in after-bell trading. “We have updated our future vehicle lineup to accelerate the launch of new models ahead of our previously announced production start in the second half of 2025,” the company said in a filing. […]

Paramount shares jump more than 10% as Sony, Apollo discuss joint buyout bid

Paramount Global shares rose more than 10% on Friday after news that Sony Pictures Entertainment and Apollo Global Management were discussing a joint bid to acquire the company. Paramount is currently negotiating an exclusive deal with Skydance Media, an independent studio led by David Ellison, but some investors are urging Paramount to explore other options. […]

Job cuts jump to highest level since January 2023

Lisa Erickson, senior vice president at U.S. Bank Wealth Management, analyzes stock trends, the job market and potential “signs of further deterioration.” of pace of work Layoffs by U.S. employers accelerated again in March, a sign that the labor market is beginning to deteriorate in the face of ongoing inflation and high interest rates. That’s […]

H&M shares jump 14% as profit smashes expectations – CNBC

Hong Kong, China – 2021/08/07: A pedestrian crosses the street in front of the Hong Kong store of H&M, the Swedish multinational clothing design retailer Hennes & Mauritz. (Photo credit: Budrul Chukrut/SOPA Images/LightRocket, Getty Images) Sopa Images | Light Rocket | Getty Images H&M shares soared 14% in early trading Wednesday after the Swedish retailer […]

Shares of Truth Social Buyer DWAC Jump 20%

“I love Truth Social,” Donald Trump declared over the weekend on Truth Social, the social media platform he launched to fight left-wing censorship of conservative ideas. Investors in Digital World Acquisition Corp. likely feel the same way, as stock rose about 21% on Monday. DWAC is a special purpose acquisition company (SPAC) formed to acquire […]

Florida deputy saves K-9 that tried to jump off bridge to its death

The horrifying moment a Florida police dog nearly fell 75 feet off a bridge while assisting in an arrest was captured on wild video footage, before his handler pulled the dog to safety on a leash. He pulled it back and saved his life. Deputy Lauren Donaldson and the K-9 Zeppelin pilot were returning to […]