Category: Automotive

MARKETWATCH Top News

• IPO Report: SAP spinoff Qualtrics prices IPO at $30 a share: reports
  Qualtrics International Inc., the enterprise-software company owned by SAP, will reportedly price its initial public offering at $30 a share, above its targeted range.
• Market Extra: Is the trading in GameStop and AMC a major risk? Analysts weigh in
  A mania is under way on Wall Street that is being heralded by some as a revolution of individual investors against pros, but there are concerns that the recent flurry of activity could end badly.
• Earnings Results: Tesla stock falls after company reports first profit miss in more than a year
  Tesla Inc. reported a sixth-straight quarter of profit and a sales beat late Wednesday, but earnings came in below Wall Street expectations and the stock fell as much as 7% in after-hours trading.
• Earnings Results: ServiceNow subscription revenue up 32% on demand for business workflow needs
  ServiceNow Inc. reported subscription and customer growth in the fourth quarter, saying it continued to help companies with their "digital transformations" as they navigate the COVID-19 pandemic.
• Earnings Results: Apple tops $100 billion in revenue for the first time as iPhone, iPad sales surge
  Apple Inc. posted its highest quarterly revenue total yet as the new iPhone 12 powered the company to its first $100-billion quarter in sales.
• Market Extra: How GameStop’s surge recalls ghosts of past trading catastrophes
  Champions of GameStop's jaw-dropping stock surge portray it as a victory by long-suffering mom-and-pop investors over nefarious Wall Street institutions, but some veteran market observers question who, exactly, is getting played.
• : GameStop and AMC stocks soar on another day of wild trading in heavily shorted companies
  GameStop Corp.'s stock movement continued to turn efficient market theory on its head Wednesday, streaking to a record that valued the retail chain at more than $20 billion.
• : Where are Biden’s clean-energy jobs and how much do they pay?
  Solar installer and wind-turbine technician aren't the only jobs on offer, construction positions increasingly require green know-how -- all paying about 25% above the national wage average
• : As new coronavirus strains raise questions about mask quality, the N95 market in the U.S. is still facing supply issues
  Government officials in the U.S. and Europe have called for stricter mask protocols as more infectious strains of the coronavirus circulate, yet there is still concern that demand for respirator masks in the U.S. far outweighs supply.
• The Fed: ‘We have not won this yet,’ Fed’s Powell says, signaling policy to remain ultra-easy
  Fed Chairman Jerome Powell on Wednesday stressed that the battle to restore the economy to health in the wake of the pandemic has not been won, a signal policy will remain ultra easy for months to come.