Consumer prices rose at a slower pace after June’s torrid rise, but inflation nonetheless remains at the highest level in 13 years.
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D.A. Davidson analyst Michael Shlisky launched coverage of EV stocks Workhorse and Nikola Wednesday. He doesn't love either.
3 minRivian is going to build another manufacturing plant in Texas, Bloomberg reports.
2 minChinese electric vehicle maker NIO reports second-quarter numbers after the close of trading Wednesday. Wall Street is looking for an 8 cent per share loss.
2 minOnline clothing reseller ThredUp reported earnings in line with estimates and sales that beat expectations.
2 minJ.P. Morgan analyst Stephen Tusa recapped GE's second-quarter results in a Wednesday report. Once again, he didn't like what he saw.
3 minThe fast-food chain's profits and financial forecasts were better than expected, while management raised the dividend and plans to double down on delivery.
2 minWW International stock tumbled after a disappointing earnings report and outlook earned the wellness company at least one downgrade.
2 minWall Street has turned increasingly bullish on the company after a strong quarter.
3 minUBS analyst Karl Keirstead boosted his rating on the IT data analytics and security software provider to Buy from Neutral
1 minThe provider of software for building sites lowered its financial forecasts for the full year. Second-quarter revenue was higher than expected.
3 minOnline event software provider On24 said many of the new customers it gained earlier in the pandemic aren’t renewing, or have shifted to smaller contract sizes.
3 minPerrigo stock slid after the consumer healthcare firm said it swung to a loss in the latest quarter, largely because of a weak cold and cough season.
1 minFuboTV stock is higher on Wednesday after the streaming-video service posted better-than-expected second-quarter results, and boosted guidance.
3 minFailing to consolidate assets can have long-term repercussions for women saving for retirement.
Long read
Cryptocurrency exchange Coinbase beat second-quarter forecasts, but a tepid outlook initially weighed on the shares.
3 minPoly Network, which operates on the Binance Smart Chain, Ethereum and Polygon blockchains, had appealed for the hackers to hand the haul back
1 minCrypto prices were holding up after the Senate passed an infrastructure bill that included language the crypto industry had opposed.
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