The month-long surge in risky assets faces another test as investors gauge the viability of the latest Mideast truce proposals and await a key US employment report to assess the war’s economic impact.
The month-long surge in risky assets faces another test as investors gauge the viability of the latest Mideast truce proposals and await a key US employment report to assess the war’s economic impact.
A torrid rally in shares of Avis Budget Group Inc. has suddenly reversed, causing the price to plummet 48% and triggering multiple trading halts on Thursday.
A torrid rally in shares of Avis Budget Group Inc. has suddenly reversed, causing the price to plummet 48% and triggering multiple trading halts on Thursday.
An Avis rental location in New York. Photographer: Jeenah Moon/Bloomberg
Wall Street analysts expect Tesla Inc. to deliver a big jump in earnings when it reports Wednesday, something investors would have clamored for in the past.
Wall Street analysts expect Tesla Inc. to deliver a big jump in earnings when it reports Wednesday, something investors would have clamored for in the past.
A Tesla Inc. electric vehicle at a SuperCharger station in San Francisco, California.
A three-fold surge in the shares of car rental company Avis Budget Group in just two weeks has punished short investors betting against the stock. But the bears are not giving up; if anything, they are doubling down.
A three-fold surge in the shares of car rental company Avis Budget Group in just two weeks has punished short investors betting against the stock. But the bears are not giving up; if anything, they are doubling down.
An Avis rental location near John F. Kennedy International Airport in New York.
As travelers across the US endure hours-long security lines at airports due to the partial government shutdown, investors are piling into car-rental companies on bets the disruption will push more people onto the road.
As travelers across the US endure hours-long security lines at airports due to the partial government shutdown, investors are piling into car-rental companies on bets the disruption will push more people onto the road.
An Avis rental location near John F. Kennedy International Airport (JFK) in New York. Photographer: Jeenah Moon/Bloomberg
Investors are boosting short positions in Blue Owl Capital Inc., betting the stock has more room to fall despite wiping out nearly one-third of its value this year.
Investors are boosting short positions in Blue Owl Capital Inc., betting the stock has more room to fall despite wiping out nearly one-third of its value this year.
Financial firms ended February where they spent much of the month: enduring another dizzying blow from the threat of artificial intelligence and grappling with signs those cockroaches Jamie Dimon warned about in the world of private credit are starting to scurry.
Financial firms ended February where they spent much of the month: enduring another dizzying blow from the threat of artificial intelligence and grappling with signs those cockroaches Jamie Dimon warned about in the world of private credit are starting to scurry.
Uber Technologies Inc.’s quarterly results will likely take a back seat to the mounting threat posed by the growing self-driving fleets from prominent rivals like Alphabet Inc.’s Waymo and Elon Musk-led Tesla Inc., according to Wall Street analysts.
Uber Technologies Inc.’s quarterly results will likely take a back seat to the mounting threat posed by the growing self-driving fleets from prominent rivals like Alphabet Inc.’s Waymo and Elon Musk-led Tesla Inc., according to Wall Street analysts.
An Uber at San Francisco International Airport (SFO) in San Francisco on Feb. 2.
Spiraling costs have prompted talk of a Tesla and SpaceX merger as the billionaire looks to use his empire to fund his ambitions.
A mural outside of the SpaceX Starbase industrial complex and rocket launch facility depicting rockets on Mars in Boca Chica, Texas, US, on Thursday, April 17, 2025. Residents of the tiny community near SpaceX's rocket launch site voted on May 3 to officially incorporate the area as its own city, Starbase, Texas.
The long-standing debate among investors whether Tesla Inc. should be valued as a carmaker or a technology superpower came close to a resolution this week as the company laid out plans for a dramatic reshuffling of its factory lines.
The long-standing debate among investors whether Tesla Inc. should be valued as a carmaker or a technology superpower came close to a resolution this week as the company laid out plans for a dramatic reshuffling of its factory lines.
Tesla Inc. vehicles are transported on a truck after leaving the company's manufacturing facility in Fremont, California, U.S., on Wednesday, June 20, 2018. Tesla CEO Elon Musk said the company needed another general assembly line to reach its production targets for the Model 3 vehicle. "A new building was impossible, so we built a giant tent in 2 weeks," Musk said on Twitter.
Carvana Co. shares bounced back from a steep selloff after Wall Street analysts rushed to defend the online used-car dealer’s business following a report from short seller Gotham City Research that accused the company of overstating earnings.
Carvana Co. shares bounced back from a steep selloff after Wall Street analysts rushed to defend the online used-car dealer’s business following a report from short seller Gotham City Research that accused the company of overstating earnings.
A worker loads vehicles onto a transporter at a Carvana vending machine location in Uniondale, New York. Photographer: Angus Mordant/Bloomberg
Carvana Co.’s shares fell the most in more than nine months after a short seller alleged the online auto retailer overstated earnings with the help of close ties to businesses controlled by the family of Chief Executive Officer Ernie Garcia III.
Carvana Co.’s shares fell the most in more than nine months after a short seller alleged the online auto retailer overstated earnings with the help of close ties to businesses controlled by the family of Chief Executive Officer Ernie Garcia III.
A Carvana vending machine in Uniondale, New York, US, on Tuesday, April 16, 2024. Carvana Co. is scheduled to release earnings figures on May 1.
General Motors Co.’s blockbuster fourth-quarter results prompted more than a dozen Wall Street analysts to boost their price targets on the carmaker, sending a signal to investors that the furious rally in the stock is far from over.
General Motors Co.’s blockbuster fourth-quarter results prompted more than a dozen Wall Street analysts to boost their price targets on the carmaker, sending a signal to investors that the furious rally in the stock is far from over.
Chevrolet Silverado 1500s and GMC Sierra 1500s on the assembly line at the General Motors assembly plant in Fort Wayne, Indiana.
Wall Street is giving off mixed signals about Tesla Inc. Analysts are increasingly skeptical of the electric-vehicle maker’s earnings potential this year, but their expectations for the company’s stock price keep climbing.
Wall Street is giving off mixed signals about Tesla Inc. Analysts are increasingly skeptical of the electric-vehicle maker’s earnings potential this year, but their expectations for the company’s stock price keep climbing.
Over the past 12 months, the average forecast for Tesla’s 2026 net income has tumbled 56%.
Wall Street is giving off mixed signals about Tesla Inc. Analysts are increasingly skeptical of the electric-vehicle maker’s earnings potential this year, but their expectations for the company’s stock price keep climbing.
Wall Street is giving off mixed signals about Tesla Inc. Analysts are increasingly skeptical of the electric-vehicle maker’s earnings potential this year, but their expectations for the company’s stock price keep climbing.
Over the past 12 months, the average forecast for Tesla’s 2026 net income has tumbled 56%.
Tesla Inc. shares extended a rally climbing as much as 4.9% Monday and are on pace to close at an all-time high for the first time since December 2024, defying growing concerns about the company’s soaring valuation.
Tesla Inc. shares extended a rally climbing as much as 4.9% Monday and are on pace to close at an all-time high for the first time since December 2024, defying growing concerns about the company’s soaring valuation.
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