This new CNBC stock index will track shares integral to the lives and careers of younger generations

Employees of Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, watch as their listing is displayed on the Nasdaq MarketSite jumbotron at Times Square in New York, U.S., April 14, 2021. Shannon Stapleton | Reuters CNBC is launching a new index focusing on younger people, younger workers and younger investors.  It is called the CNBC … Read more

Rivian raises IPO price range and could now be worth up to $65 billion

RJ Scaringe, founder and chief executive officer of Rivian Automotive Inc., unveils the R1T electric pickup truck, left, and R1S electric sports utility vehicle (SUV) during a reveal event at AutoMobility LA ahead of the Los Angeles Auto Show in Los Angeles, California. Bloomberg | Bloomberg | Getty Images Electric vehicle start-up Rivian Automotive raised … Read more

Foxconn unveils 3 electric vehicle prototypes in push to diversify away from consumer electronics

The Foxconn logo is displayed on a Foxconn building in Taipei on January 31, 2019. Sam Yeh | AFP | Getty Images Taiwan’s Foxconn unveiled its first three electric vehicle prototypes on Monday, underscoring ambitious plans to diversify away from its role of building consumer electronics for Apple and other tech firms. The vehicles – … Read more

Stocks making the biggest moves premarket: Beyond Meat, Cisco, Las Vegas Sands and more

Check out the companies making headlines before the bell: Beyond Meat (BYND) — Shares of the alternative-meat maker dipped 2.4% in premarket trading after Piper Sandler downgraded the company to an underweight rating. “Beyond is an early leader in plant-based meat, but we believe its current all-channel retail momentum lags consensus expectations,” the firm said … Read more

Here are Tuesday’s biggest analyst calls of the day: Walmart, AMC, Home Depot, Tyson, Fisker & more

Here are the biggest calls on Wall Street on Source link

Stocks making the biggest moves in the premarket: CureVac, The Honest Company, Fisker & more

Take a look at some of the biggest movers in the premarket: CureVac (CVAC) – CureVac shares plunged 46.2% in the premarket after the German drugmaker reported disappointing results from a study of its experimental Covid-19 vaccine. The treatment was 47% effective in a clinical trial, compared to more than 90% for other mRNA-based vaccines … Read more

Stocks making the biggest moves in the premarket: Macy’s, Home Depot, Walmart, Tesla & more

Take a look at some of the biggest movers in the premarket: Macy’s (M) – The retailer earned 39 cents a share for the first quarter, including 1 cent a share from real estate-related gains, compared to expectations of a 41 cents per share loss. The retailer’s revenue topped estimates as well amid a better … Read more

EV start-up Fisker will not accept or invest in bitcoin, CEO says

Electric vehicle start-up Fisker does not plan to invest in bitcoin or accept the cryptocurrency as payment, according to CEO and founder Henrik Fisker. Fisker said bitcoin is not “a sustainable solution,” echoing environmental concerns raised last week by Tesla CEO Elon Musk due to concerns over the use of fossil fuels for bitcoin mining. … Read more

Cramer’s week ahead: Retail earnings and consumer spending

Investors will get to learn more about the pandemic’s ongoing impact on the consumer economy as retailers prepare to issue quarterly earnings reports, CNBC’s Jim Cramer said Friday. The industry will have its time in the spotlight on Wall Street after the Commerce Department on Friday said that retail sales were unchanged in the month … Read more

Biden plans to cut greenhouse gas emissions. These stocks will win, says Morgan Stanley

Solar panels on a solar farm. Victor De Schwangerg | Science Photo Library | Getty Images The Biden administration is developing its climate change policies, and a range of companies across sectors will likely benefit as these initiatives unfold, said Morgan Stanley. “As both domestic and global policy continues to evolve, we see a multi-decade … Read more