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By Jarrett Banks Triton Electrical Vehicle Founder Himanshu B. Patel likes to think big. So when the solar-power battery company turned its attention to the white-hot electric vehicle (EV) market, he decided to build a massive electric SUV for the baller set. The company announced in April that is taking orders for an eight-seat SUV […]...
As Boeing (BA) continues to make progress towards re-certification of the 737 Max airplane, the company now faces more important challenges. Global airlines continue to struggle financially and face dire passenger levels where new planes won’t be needed for years.The aerospace giant has seen its shares rising on the hopes of an economic recovery. The biggest risk to the rebound story is that airlines don’t need the 737 Max after the long re-certification process following the two deadly crashes in early 2019.Certification ProgressA few weeks back, Boeing and the FAA performed formal certification flight tests over a three-day period. The airplane manufacturer is now in the process of operational readiness reviews after the FAA reviews data from the test flights.These flights to take place throughout July will feature federal pilots along with global airline crews in order to verify changes to the flight-control system. Once these tests are completed, Boeing will...
Stock futures opened little changed Monday evening as investors waited for more earnings results and Covid-19 vaccine development updates to roll in....
Snap Inc's (NYSE:SNAP social media platform, Snapchat, brought a refreshing change to social networks when it first launched, but the landscape is more competitive now than ever before as other platforms adopted the company's story feature. Snap reports second-quarter earnings on Tuesday after the market closes. EPS and sales numbers are always important, with consensus estimates looking for a loss of 10 cents per share and $433.11 million sales, but each company has its own specific updates to look for. Here are four things to watch in Snap's earnings report.Daily Active Users: One of the most important metrics of social media platforms to look out for is its Daily Active Users (DAUs). The more users a platform has, the more popular it is and therefore it will earn more revenue from advertisers."We estimate that Snap will add 10MM Net New DAUs in Q2 vs. 11MM in Q1 and 13MM in Q2:19,"...
Congress has authorized $3.6 trillion in stimulus money to help offset the punishing cost of the lockdowns and business closures caused by the coronavirus pandemic. Congress is now developing another massive round of stimulus spending that will probably top $1 trillion. Yahoo Finance's Rick Newman joins The Final Round to discuss. ...
Discover how low viscosity engine oils can improve your fleet’s overall fuel economy and productivity. ...
Tesla shares will be a must-watch stock when the electric vehicle maker reports earnings this Wednesday after the market close....
