By Daniel Wiessner (Reuters) -Rocket and satellite maker SpaceX on Wednesday was accused by a U.S. labor agency of unlawfully…
US chip stocks tumble after strongest year since 2009
By Noel Randewich (Reuters) – U.S. chip stocks added to a string of losses on Wednesday, with Wall Street’s main…
Disney wins activists’ backing in boardroom fight with Peltz
By Svea Herbst-Bayliss (Reuters) -Activist hedge funds ValueAct Capital and Blackwells Capital moved on Wednesday to back Walt Disney Co…
Goldman Sachs Asset Management raises $650 million for life sciences fund
(Reuters) – Goldman Sachs Asset Management said on Wednesday it had raised $650 million for a new fund that will…
Tesla delivers record Q4 cars, but China’s BYD steals top EV spot
By Akash Sriram (Reuters) -Tesla delivered a record number of electric vehicles in the fourth quarter, beating market estimates and…
Apple hits seven-week low after Barclays downgrade on demand concerns
By Aditya Soni and Medha Singh (Reuters) -Apple on Tuesday fell nearly 3.6% to a seven-week low after Barclays downgraded…
EV maker Rivian’s quarterly deliveries miss expectations, shares tank
By Zaheer Kachwala (Reuters) -Rivian Automotive missed market estimates for fourth-quarter deliveries as tough competition and high interest rates weighed…
Moderna jumps on Oppenheimer upgrade, 2025 sales growth goal
(Reuters) -Moderna shares gained nearly 14% on Tuesday as brokerage Oppenheimer upgraded the stock to “outperform” and the vaccine maker’s…
Chinese EV giant BYD posts 62% jump in 2023 vehicle sales
(Reuters) – China’s BYD Co, the world’s biggest seller of battery electric vehicles (BEVs) and plug-in hybrids, sold about 3.02…
DoorDash plots expansion outside core restaurant business in US – FT
(Reuters) – DoorDash is looking to diversify beyond its core business of delivering restaurant meals to home diners, as the…