Tag: Road/Rail Transport

Opinion: Uber investors finally see the costs of treating drivers as employees, and the stock is falling

Uber Technologies Inc. has spent and fought to keep its drivers from becoming classified as employees instead of contractors, and investors finally got a glimpse...

Uber and Lyft expect ride-hailing to make a sharp recovery, but there are some potential roadblocks

As more people get vaccinated against COVID-19 and pandemic restrictions ease, the ride-hailing industry is gearing up for a comeback, but is facing potential roadblocks....

U.S. stocks push higher as investors shake off tax jitters

Stocks traded higher Friday, lifted by data indicating an acceleration in private-sector economic activity and another round of red-hot new home sales, after markets dipped...

Synlab targets $6 billion market capitalization in Frankfurt IPO as COVID-19 testing booms

Synlab has set the price range for its planned initial public offering in Frankfurt at €18 to €23 a share, giving Europe’s largest laboratory services...

Opinion: Oracle’s results may not justify investors’ big cloud optimism

The financial results from Oracle Corp. on Wednesday should have some investors wondering about its current lofty valuation. Oracle ORCL, -0.72% reported fiscal third-quarter results...

Worldwide chip shortage expected to last into next year, and that’s good news for semiconductor stocks

A global shortage of semiconductors has pushed chip stocks to record highs, and analysts expect that chips will continue to be in short supply at...

Here’s the best of what international corporate leaders have been discussing on earnings calls

As much as U.S. companies have suffered from the pandemic, their global competition has struggled even more. Fourth-quarter earnings per share for S&P 500 companies...

Europe joins Wall Street’s boom in ‘blank-check’ companies

It’s the monster trend on Wall Street. Now it’s crossed the Atlantic. LVMH MC, -0.34% founder Bernard Arnault and former UniCredit UCG, -0.09% chief Jean-Pierre...

Heavily shorted stocks began their ‘off the charts’ rally long before the GameStop frenzy, Deutsche Bank says

It’s another busy week of earnings, and U.S. stocks have made a solid start. Earnings aside, the expectation that new stimulus will heat up the...

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...

Dow futures sag ahead of big week for tech earnings

Stock-index futures traded mixed Monday, with tech-related shares surging ahead of a busy week of earnings that features results from tech giants Apple Inc., Tesla...

Intel earnings: We know who the next CEO is, but what decisions will be made before he arrives?

As Pat Gelsinger returns to Intel Corp. as chief executive, investors are likely to skim past the chip maker’s quarterly results and short-term outlook to...

Why M&A is set to continue its hot streak in 2021

A surge in big-ticket mergers and acquisitions and a boom in initial public offerings saw the world’s largest investment banks pull in $87.5 billion in...

A strong year-end rally lies ahead. It’s time to ‘rotate within the tech sector’ — away from FAANG stocks, strategist says

It may be time to rotate away from the ‘megacap’ tech names, Millet Tabak says. damien meyer/Agence France-Presse/Getty Images A strong year-end rally lies ahead...

Big business spent millions to sway Californians’ votes, and received billions in return

California voted on a dozen propositions in Tuesday’s election, with two receiving large corporate financial commitments. Getty Images Large public companies proved Wednesday that spending...

Here’s how to position your portfolio for a COVID-19 vaccine approval, UBS says

Vials of potential COVID-19 vaccine CoronaVac are seen on the production line at Sinovac Biotech production facility in Beijing, China. Kevin Frayer/Getty Images U.S. stocks...

The pandemic turned Postmates’ IPO plans into a bidding war between Uber and Wall Street

Postmates, which is being bought by Uber, has not turned a profit since its inception. Justin Sullivan/Getty Images On March 17, the day the San...

Uber, Lyft drivers in limbo as judge hears arguments in case brought by California

Uber and Lyft on Thursday defended against a lawsuit, brought by California and San Francisco, Los Angeles and San Diego, accusing the companies of not...