Category: HEADLINES

Headlines NEWS for Finance and investing

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Elon Musk’s SpaceX plans natural-gas drilling in Texas: report

Elon Musk’s Space Exploration Technologies Corp., or SpaceX, has plans to drill for natural gas in Texas, Bloomberg reported Friday,…

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U.S. oil futures fall, prompting a turn lower in prices for the week

U.S. oil futures ended with a loss on Friday to turn lower for the week, pressured by an unexpected climb…

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Expedia stock gets an upgrade from Wells Fargo on home-rental potential

Wells Fargo analyst Brian Fitzgerald upgraded shares of Expedia Group Inc. EXPE, -2.02% to overweight from equal weight Friday, writing…

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Aurora Cannabis agrees to $125 million bought-deal offering

Aurora Cannabis Inc. ACB, -3.21% said late Thursday it has agreed to a $125 million bought-deal syndicated offering, led by…

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Ford to take pension-related $1.5 billion charge in Q4

Ford Motor Co. F, +6.17% said late Thursday it expects to take a $1.5 billion pre-tax hit related to its…

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CleanSpark responds to ‘false’ short seller report, as stock tumbles for a 5th straight day,

Shares of CleanSpark Inc. CLSK, -9.46% sank 9.3% in afternoon trading Thursday, putting them on track for a fifth-straight loss….

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American Eagle sees Q4 revenue decline, looks ahead to 2023 with new growth strategy

American Eagle Outfitters Inc. AEO, -0.66% said early Thursday that it expects fourth-quarter revenue to drop in the low-single digits,…

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API reports an unexpected weekly rise in U.S. crude supplies, sources say

The American Petroleum Institute reported late Wednesday that U.S. crude supplies rose by 2.6 million barrels for the week ended…

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Alcoa shares fall despite earnings beat

Alcoa Corp. AA, -1.08% shares fell in the extended session Wednesday after the aluminum company’s quarterly results topped Wall Street…

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Gold futures settle at a nearly 2-week high

Gold futures ended Wednesday at their highest in nearly two weeks. “Precious metals were supported above all by a weaker…

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Tyson Foods to pay $221.5 million to settle claims in broiler chicken antitrust litigation

Tyson Foods Inc. TSN, -1.31% said Wednesday it has agreed to settle all class claims in its previously disclosed broiler…

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Bionano Genomics to sell more shares, stock falls

Bionano Genomics Inc. BNGO, +8.42% on Tuesday announced its second share sale in less than a month amid an unexplained…