What happened
Shares of Carvana (NYSE: CVNA), an online car buying and financing platform also known for its giant car vending machines, were surging 15% higher Wednesday with no direct news about the company. Here's why a short squeeze could be happening.
(RTTNews) - The Cheesecake Factory Inc. (CAKE) reported fourth-quarter adjusted earnings per share of $0.58 compared to $0.63, a year ago. On average, 13 analysts polled by Thomson Reuters expected the company to report profit per share of $0.60, for the quarter. Analysts' estim
Qantas Airways Ltd said on Thursday it would cut 15% of its capacity to Asia until at least the end of May due to the coronavirus outbreak after reporting flat half-year earnings in a weaker domestic aviation market.
Netflix Inc Chief Executive Officer Reed Hastings has written a book based on interviews with current employees, which sheds light on the streaming giant's radical management culture and the controversial principles at the heart of the company's psyche.
Argentina's central bank lowered the benchmark interest rate to 40% from 44% on Wednesday, the seventh cut since the country's new Peronist government took over in December.
Debt-laden HNA Group has restructured jet orders with Europe's Airbus in a compromise deal that includes an order for dozens of A330neo jets, two people familiar with the matter said, amid reports of a wider shake-up at the Chinese conglomerate.
What happened
Shares of GSX Techedu (NYSE: GSX) soared 18.7% on Wednesday, extending its nearly 10% pop on Tuesday following the Chinese education specialist's strong fourth-quarter report.
Fertilizer producer Mosaic Co reported a quarterly loss, compared with a year-earlier profit, as it took more than $1 billion in charges and as phosphate margins were squeezed by lower volumes as well as prices.
(RTTNews) - Noble Corporation plc (NE) announced, at the close of the next AGM, Julie Robertson will resign as President and Chief Executive Officer. He will take on the newly created role of an executive Chairman of the Board. The company will appoint Robert Eifler, currently S
Albemarle Corp, the world's largest lithium producer, reported a lower-than-expected quarterly profit on Wednesday and forecast a double-digit drop in 2020 earnings on weak prices for the battery metal.
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative Strength Index, or RSI, which
In trading on Wednesday, shares of Neenah Inc (Symbol: NP) crossed below their 200 day moving average of $65.77, changing hands as low as $65.08 per share. Neenah Inc shares are currently trading down about 3.1% on the day. The chart below shows the one year performance of N
In trading on Wednesday, shares of First Majestic Silver Corp (Symbol: AG) crossed below their 200 day moving average of $9.44, changing hands as low as $9.26 per share. First Majestic Silver Corp shares are currently trading off about 8% on the day. The chart below shows th
Bolivia, Colombia, Ecuador and Peru will begin removing international roaming rates in voice and data communications as part of an initiative to boost integration and modernization between the Community of Andean Nations (CAN), the block's secretary said Wednesday.
In trading on Wednesday, shares of Hess Corp (Symbol: HES) crossed above their 200 day moving average of $63.19, changing hands as high as $63.91 per share. Hess Corp shares are currently trading up about 4.5% on the day. The chart below shows the one year performance of HES
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