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Stocks Making the Biggest Moves Premarket: Lowe's, Tenneco, Tupperware and Others
These are the stocks posting the largest moves before the bell.
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Stocks Making the Biggest Moves After Hours: Palo Alto Networks, Virgin Galactic & More
Check out the companies making headlines in after-hours trading.
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Autonomous Driving Start-Up Wayve Bags $200 Million From Microsoft, Virgin and Baillie Gifford
London-based Wayve has been backed by a host of big name investors in a funding round that brings total investment in the company up to $258 million.
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Stocks Making the Biggest Moves Midday: Moderna, Robinhood, Boeing and More
These are the stocks posting the largest moves in midday trading.
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Stocks Making the Biggest Moves Premarket: Foot Locker, Dillard's, Farfetch and Others
These are the stocks posting the largest moves before the bell.
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Palantir CEO Alex Karp Earned Cash and Stock Worth $1.1 Billion Last Year
A month before Palantir went public last year, CEO Alex Karp was granted stock and option awards that vest quarterly through August 2032.
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Stopping Tech Giants From Monopolizing Data Could Help Smaller Start-Ups, Says Venture Cap Investor
Smaller start-ups find it hard to access user data that big tech companies have, essentially creating a data monopoly, according to Lu Zhang from Fusion Fund.
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Data-Mining Firm Palantir Files for Stealth Public Offering
The Silicon Valley data-mining firm Palantir Technologies confidentially filed to go public, setting up what could be the biggest stock offering from a technology company since Uber’s debut last year.
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Charles Schwab Buys TD Ameritrade in Brokerage Blockbuster
Charles Schwab is buying rival TD Ameritrade in a $26 billion stock swap, a blockbuster agreement brought about by massive disruption in the online brokerage industry. Bowing to competitive pressure, brokerages have made it free for customers to trade U.S. stocks online. A combination of two of the biggest players in the industry would allow Schwab to save billions of...
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HP Rejects $33.5 Billion Takeover Offer From Xerox
HP Inc. says its board has rejected a roughly $33.5 billion takeover offer from Xerox.
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Walmart Sues Tesla for Solar Panels That Went Up in Flames
Walmart sued Tesla for “gross negligence” on Tuesday, saying that the electric car company’s energy division installed solar panels that went up in flames on its store rooftops. The retailer said fires broke out at seven store rooftops between 2012 and 2018, causing millions of dollars in damage. One location in Ohio had to be closed for eight days, Walmart...
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Tesla Posts $408M Loss in 2Q, Causing Stock to Plummet
Tesla lost $408 million in its latest quarter as it struggles to prove it can make money selling electric cars at mass-market prices. “We have to make cars more affordable,” Musk conceded.
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Tesla Reduces Prices on Models S and X Amid Stock Slump
Tesla has reduced the prices of its two most expensive models, raising concerns about fading interest in its cars and whether the company can generate enough cash to pay all the bills.
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Theranos Founder Elizabeth Holmes Appears in San Jose Court in Fraud Case
Once the darling of Silicon Valley, Elizabeth Holmes, founder of failed startup Theranos, was in court Monday, now a suspected felon.
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Woman's Rant, Facebook Post Target Trump Supporter in Palo Alto Starbucks
A furious rant by a woman trying to shame a Trump supporter at a Palo Alto coffee shop was posted online and went viral this week, and now the woman at the center of the rant and post has lost her job.
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Tesla Unveils New Model Y SUV
Tesla is unveiling its newest vehicle, the Model Y, an SUV that the automaker hopes will win over consumers looking for an all-electric alternative in the most popular segment of the auto market. CEO Elon Musk was to introduce the Model Y Thursday night at a gathering of customers, employees and media.
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Tesla Finally Launches Model 3 for $35K
At long last, the $35,000 Tesla Model 3 is a reality. After teasing “news” on Twitter, Tesla CEO Elon Musk has delivered the lowest-price Tesla yet. Scott Budman reports.
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Tesla Plans 7 Percent Staff Cut, Says ‘Road Ahead is Very Difficult'
Tesla will cut 7 percent of its workforce as it tries to lower prices and break out of the niche-car market to produce an electric vehicle that more people can afford. Tesla’s cheapest model right now is the $44,000 Model 3, and it needs to broaden its customer base to survive.
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Long Odds and Slow Lines Await Migrant Caravan at US Border
A woman arrived just after sunrise at the Mexican entrance to the busiest border crossing into the U.S. and was quickly surrounded by nearly 100 migrants. She opened a tattered, hardcover notebook bound with silver duct tape and began shouting out numbers from a handwritten list.
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Blood-Testing Startup Theranos to Reportedly Close
The once-heralded blood-testing startup Theranos is shutting down, according to a media report. Theranos was unable to sell itself and is now looking to pay unsecured creditors its remaining cash of about $5 million in the upcoming months, according to an email The Wall Street Journal obtained that CEO David Taylor sent to shareholders. The announcement comes nearly three months...