Tesla up 20% after Panasonic posts first quarterly profit at battery business
Tesla Inc’s stock surged 20% on Monday in its largest one-day gain since 2013, fueled by a quarterly profit at Panasonic’s battery business with the U.S. car maker and an investor report predicting its shares would rise more than ten-fold by 2024.
Stocks rally as China markets reopen, dollar gains
The dollar strengthened and a gauge of global stocks jumped on Monday, lifted by an unexpected rebound in U.S. manufacturing that helped temper fears that caused stocks overnight in Asia to plunge on the potential impact of the coronavirus in China.
Tesla up 20% after Panasonic posts 1st quarterly profit at battery business
Tesla Inc’s stock surged 20% on Monday in its largest one-day gain since 2013, fueled by a quarterly profit at Panasonic’s battery business with the U.S. car maker and an investor report predicting its shares would rise more than ten-fold by 2024.
Alphabet shares fall as Google misses on sales, debuts YouTube revenue
Google-parent Alphabet Inc’s worst fourth-quarter revenue growth since 2015 sent shares down nearly 5% on Monday, overshadowing the disclosure for the first time of YouTube advertising revenue.
Wall Street rebounds from virus fears, helped by factory strength and tech stocks
U.S. stocks rallied on Monday, boosted by heavyweight technology shares and on surprise strength in U.S. manufacturing activity, following a sharp selloff last week on concerns about the economic impact from the fast-spreading coronavirus out of China….
Airbus bribery scandal triggers new probes worldwide
Fallout from the Airbus bribery scandal reverberated around the world on Monday as the head of one of its top buyers temporarily stood down and investigations were launched in countries aggrieved at being dragged into the increasingly political row.
Oil hits 13-month lows as coronavirus cuts demand
Oil prices fell to the lowest in more than a year on Monday as the coronavirus outbreak curtailed Chinese demand and sparked potential supply cuts by OPEC and its allies.
Justice Department meeting state AG offices Tuesday to discuss Google: sources
Justice Department officials will meet on Tuesday with representatives of state attorneys general to discuss their investigations of search and advertising giant Google, according to sources familiar with the plans.
Tesla up 17% after Panasonic posts first quarterly profit at battery business
Tesla Inc’s stock surged 17% on Monday, taking its rise since early June to over 300%, fueled by a quarterly profit at Panasonic’s battery business with the U.S. car maker and an investor report predicting its shares would rise more than ten-fold by 20…
Stocks jump as China markets reopen, dollar gains
The dollar strengthened and a gauge of global stocks jumped, lifted by an unexpected rebound in U.S. manufacturing that helped temper fears that caused stocks overnight in Asia to plunge on the potential impact of the coronavirus in China.
