Tag: transportation

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...

View: There’s one big problem with electric cars

I am starting to worry about the electric car. Not the thing itself; I’ve found electric vehicles to be superior to their fossil-powered predecessors in...

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...

Here’s the main reason Robinhood traders have been able to push stocks higher — and, no, it isn’t by squeezing hedge funds

With the broader stock-market indexes in a bit of a coma this week, the talk of financial markets is still the awakening of retail investors...

Uber rides recovering and delivery bookings rise 128%, but revenue misses expectations

Uber Technologies Inc. on Wednesday reported fourth-quarter and full-year results that showed a continued recovery from the effects of the coronavirus pandemic, but it continued...

Archer Aviation gets a $1 billion order from United Airlines, on the same day it announces a deal to go public

Archer Aviation Inc. said Wednesday that United Airlines Holdings Inc. placed a $1 billion order for its all-electric vertical take-off and landing aircraft (eVTOL), on...

Lyft shares surge nearly 11% as it posts narrower-than-expected full-year loss and signals optimism over rides

Lyft Inc. on Tuesday reported fourth-quarter results that showed there was a continued rebound in ride-hailing, but it was marred by an increase in COVID-19...

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...

President Biden removes key figure at National Labor Relations Board — union leaders rejoiced

Amid a flurry of first-day orders and actions, President Joe Biden’s administration showed the door to a top-ranking lawyer at a labor agency meant to...

Dow trades to records but retreats in first full day of Biden presidency

U.S. stock benchmarks turned south Thursday morning, after initially extending the rally to fresh records, as investors pondered President Biden’s prospects for combating the COVID-19...

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...

The COVID-19 earnings recession is expected to remain, but an end may be in sight

After the holiday quarter last year snapped an earnings recession, the same is not expected this year — but it isn’t impossible, and may happen...

U.S. stocks close lower for the week after release of big bank quarterly results, Biden aid plan

U.S. stock benchmarks closed the week on a down note Friday, with the three major indexes registering their largest one week drop since October 30,...

European markets tread water as COVID-19 fears weigh on stimulus hopes ahead of earnings season

European indexes traded around flat on Tuesday, with COVID-19 infections and lockdown measures remaining top-of-mind in Europe as expectations continue that massive fiscal stimulus is...

Boeing to pay $2.5 billion to settle U.S. fraud charges over 737 Max

Boeing Co. has agreed to pay more than $2.5 billion in penalties, including nearly $1.8 billion in compensation for airlines, to resolve charges of misleading...

Boris Johnson government hails ‘new start’ as U.K. completes its departure from EU

LONDON (AP) — Britain’s long and sometimes acrimonious divorce from the European Union ended Thursday with an economic split that leaves the EU smaller and...

Bans on U.K. travelers begin in some parts of Europe, amid highly infectious COVID-19 strain

News of a far more contagious strain of the coronavirus in the U.K. has prompted several European countries to halt flights and trains from that...

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...

California post-Prop. 22: Gig workers to see pay changes, customers to see higher prices

Californians this week will start to see the effects of Proposition 22, the ballot measure that 58% of the state’s voters passed in November. The...

‘Hold the champagne’ on China’s updated climate-change target — guide markers still don’t guarantee net zero emissions by 2060

Chinese President Xi Jinping on Saturday pledged to cut the nation’s carbon emissions per unit of economic output by over 65% by 2030 and boost...

Five investing rules from a money manager who crushes the stock market — and his take on the best companies to own now

One of the great things about writing for MarketWatch is that I regularly get to interview smart people about the stock market to learn key...

The perils of transporting millions of COVID-19 vaccines with dry ice across the U.S.

When you order a gift from Amazon AMZN, -2.30% the process of getting the item you purchased to your doorstep is fairly straightforward. But transporting...

Will November’s ‘disappointing’ jobs report bolster the case for a second round of stimulus checks?

Retail jobs last month fell by 35,000, a reflection of “less seasonal hiring in several retail industries,” according to the Bureau of Labor Statistics’ Friday...