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It is a busy day ahead. Economic data and geopolitics will keep the markets busy....
VANCOUVER, BC, Sept. 30, 2020 /CNW/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced that the Company hosted a virtual "Investor and Analyst Day 2020" event on September 29th....
(Bloomberg) -- Palantir Technologies Inc. fell 5% from its opening trades in its debut as a public company, ending a 17-year tradition of secrecy surrounding the software business co-founded by Peter Thiel.The data analytics company’s share price fell to $9.50 after opening Wednesday at $10 on the New York Stock Exchange. Palantir listed its shares directly on the exchange, rather than raising capital through an initial public offering. As in the three other major direct listings that have taken place, the exchange had set a reference price -- $7.25 for Palantir -- to help guide investors and to allow shares to begin trading.Palantir ended the day with a market capitalization of about $15.7 billion based on its listed shares, according to data compiled by Bloomberg. On a fully diluted basis based on all the shares covered in its filings, the company has a value of almost $21 billion, in line with...
Shares of Memory chip specialist Micron (MU) trended downwards on Wednesday following the release of the company’s FQ4 results.Micron reported revenue of $6.06 billion, a 24% year-over-year increase and coming in ahead of the estimates by $170 million. Non-GAAP (adjusted) net profit almost doubled from the same quarter last year to clock in just under $1.23 billion, resulting in Non-GAAP EPS of $1.08, above consensus estimates by $0.11.So far, so good. What investors did not like, however, was Micron’s forecast of what’s to come next. For the November quarter, Micron anticipates revenue of $5.2 billion, just under consensus calls for $5.3 billion, while the company’s forecast for non-GAAP EPS of $0.47 at the mid-point is also well below the Street’s $0.68 estimate.Soft near-term gross margins on heightened NAND mix and several DRAM ramps along with the loss of Huawei revenue (which amounted to almost 10% of sales in the quarter) are...
Knight-Swift Transportation announced it plans to cut its carbon emissions in half by the year 2035 and is testing a Freightliner eCascadia electric truck. ...
Knight-Swift Transportation recently set a goal to cut its carbon emissions in half by the year 2035. ...
