Tesla will wind down Cybertruck production at its Texas gigafactory around mid-2027, CEO Elon Musk said today, after years of persistently weak sales for a futuristic model once touted as a rival to legacy pickup trucks.
Gold faces a decisive technical test as rising real yields pressure the market, with a break above $4,200 potentially targeting $4,700 while a loss of $4,000 risks a drop toward $3,600.
Huntington Bancshares Inc. director James D. Rollins III reported gifting a total of 19,500 preferred-stock depositary shares across four series (H, L, I, and J) on November 4, 2026. Following these transactions, his direct holdings included shares from each gifted series, and he also held significant indirect shares of Series H and Series L through an LLC. The SEC Form 4 filing details these bona fide gifts and his remaining beneficial ownership.
This article examines how an $800,000 portfolio split equally among Altria, Edison International, International Paper, and AT&T could generate over $44,000 in annual passive income. It details the yield and risks associated with each company, highlighting International Paper's weak dividend coverage and Edison International's wildfire liabilities, while noting Altria's high yield and AT&T's commitment to its dividend through 2028. The author emphasizes that steady cash flow from staggered quarterly payments is crucial for retirees.
KFC is expanding its beverage partnership with PepsiCo across eight international regions, including Australia, India, and the UK. This agreement will see KFC continue to offer PepsiCo beverages and introduce new menu items like Doritos Loaded, featuring KFC chicken tenders with Doritos and Mexican garnishes. The collaboration aims to cater to regional tastes and growing consumer demand for various drink categories, while also leveraging existing distribution networks for both companies.
An S&P Global analysis, in partnership with Arctal, reveals how $3.2 trillion in capital raised by labeled bonds over the past decade has been deployed, primarily towards climate mitigation projects. While corporate issuers have focused on climate and decarbonization, sovereign and international development banks have increasingly allocated capital to social impact uses. The analysis also highlights a "home-region bias" in capital deployment, with limited cross-border flows to developing nations for climate investment, signaling a gap in aligning with international climate finance commitments.
watch nowSan Francisco Federal Reserve President Mary Daly said Friday she expects the central bank will need to raise interest rates further, but joined her fellow policymakers in saying the pace and timing...
This article announces the filing of Form 144 for AMERICAN ELECTRIC POWER CO INC (AEP) on November 6, 2026. Form 144 is a notice of the intent to sell restricted securities. The filing indicates insider activity or significant share transactions for the company.
Julia A. Haller has filed a Form 144 with the SEC for the proposed sale of 3,800 shares of Bristol Myers Squibb Co. common stock. The aggregate market value of these securities is $250,000, with an approximate sale date of November 5, 2026, on the NYSE. The filing details the acquisition of these shares through stock bonuses from Bristol-Myers Squibb in 2021 and 2022.
Alphabet Inc. increased its stake in SpaceX by 3.8 million shares in Q3, bringing its total holdings to approximately 555 million shares, despite a significant $10.5 billion drop in the stake's value during the quarter. This valuation decline, driven by a share price fall from $170.86 to $123.62, contributed $8.2 billion in unrealized losses to Alphabet's negative other income. Concurrently, Alphabet has a substantial commercial agreement with SpaceX, paying $920 million monthly for Nvidia GPU access for its Gemini Enterprise AI platform, highlighting a shift from a long-term equity play to a critical operational dependency.
Agilent Technologies Inc. (NYSE: A) has completed a $240 million cash acquisition of Proscia, a digital pathology software provider, with potential additional payments up to $30 million based on performance. This acquisition expands Agilent's digital pathology business, integrating AI-enabled software into its clinical diagnostics and life sciences portfolio. Proscia's vendor-agnostic platform and FDA-cleared software enhance Agilent's capabilities in tissue-based diagnostics, pharmaceutical research, and drug development, positioning the company for growth in the estimated $5 billion pathology market.
Fox Corp. announced on Friday that it completed its acquisition of Roku to expand its streaming presence that already includes Tubi and FOX One. The company's announcement said the combination of FOX's live...
A federal judge has rejected Delta Air Lines' request to dismiss a proposed class-action lawsuit from passengers who claim they paid extra for window seats only to find blank walls. The lawsuit alleges that Delta failed to warn customers about windowless seats on specific Boeing and Airbus aircraft. Other airlines like United and Southwest have already updated their booking processes to include warnings about limited or no-window seats.
Provident Financial's first-quarter fiscal 2027 net income fell 6% year over year due to a $777,000 credit-loss provision, despite an 8.5% increase in revenue to $10.57 million and a 9% rise in net interest income. Net interest margin improved to 3.32% from 3.00%, supported by higher asset yields and lower borrowing costs, and diluted EPS remained stable at $0.25. The company saw a 53% increase in loan originations for investment and a $4.0 million rise in its loan portfolio to $1.04 billion.
A budget released by the Department of Finance Canada signaled several coming corporate tax proposals, including full-expense deductions for new investments and a tax exemption on up to CA$15 million ($10.6 million) in capital gains stemming from startup businesses.
United Overseas Bank (UOB) strategists Quek Ser Leang and Lee Sue Ann see slightly stronger downward momentum in USD/CNH after the pair eased from recent highs. For the next 24 hours, they expect the Dollar to edge lower but stay above strong support at 6.6530, with resistance at 6.6720.
Keysight Technologies (KEYS) recently unveiled new hardware and software, including its XR3 oscilloscope, following a significant share price pullback of 32.84% over the past month. Despite the short-term decline, the stock has seen strong long-term compounding with a 3-year total shareholder return of 113.77%. While some analysts see Keysight as 37% undervalued with a fair value estimate of $415.08, driven by growing software and recurring revenue, its current P/E ratio of 34.7x is higher than industry and peer averages, raising questions about whether its upside is already priced in.
Sure thing, y’all. Comparable launch development timelines Let’s start with a little history. SpaceX became the first purely commercial launch startup to announce plans to build a new medium-lift rocket about...
Doctors who treat Medicare patients face a reduction in federal reimbursement rates next year under a newly finalized rule, which could possibly threaten seniors' access to care.The Centers for Medicare &...
watch nowThe 2026 midterm elections have profoundly altered the national regulatory environment, most notably with Democrats securing control of both chambers of the U.S. Congress and notching big victories...
Fifth Third Bank is expanding its neighborhood investment program to Grand Rapids, leveraging a $7.6 billion Michigan pledge. This initiative applies a successful strategy previously implemented in Detroit to address community development in Grand Rapids. The program aims to invest in neighborhoods within the city.
Franklin Templeton concluded fiscal 2026 with $1.8 trillion in assets under management and $84.1 billion in long-term net inflows, achieving a 5.3% organic growth rate. The company raised its fiscal 2029 private markets fundraising target to $150 billion and its exit margin target to 35%, which is five percentage points higher than the goal set two years prior. CEO Jenny Johnson highlighted positive net flows across all channels and regions, while CFO Matt Nicholls provided guidance for fiscal 2027, anticipating an adjusted operating margin of approximately 30%.
Marriott International President & CEO Anthony Capuano recently exercised 16,428 stock appreciation rights and subsequently sold 63,355 Class A shares. The transactions, dated November 4, 2026, also included a gift of 5,000 Class A shares and the withholding of 10,823 shares for tax obligations. This activity significantly reduced his direct holdings of Class A Common Stock.
PNC Financial Services Group is focusing on growth, AI investment, and branch expansion, with leadership changes taking effect in March. The company projects 2027 GAAP Net Interest Income to be approximately $1B-$1.1B above 2026, though this is not formal guidance. Discussions also covered credit, fee growth, and capital return plans.