30 September, 2021 by The TZ Newswire Staff Comments Off on Shares of EV start-up Lordstown Motors surge on reported deal with Foxconn to sell Ohio plant
Shares of EV start-up Lordstown Motors surge on reported deal with Foxconn to sell Ohio plant
Lordstown’s stock was up Thursday by as much as 21% following reports it’s near a deal to sell its large Ohio factory to iPhone maker Foxconn.
30 September, 2021 by The TZ Newswire Staff Comments Off on Earnings Watch: The big risk investors may be missing in third-quarter earnings
Earnings Watch: The big risk investors may be missing in third-quarter earnings
Growth rates of more than 27% for EPS and more than 15% for sales suggest corporate earnings have staged a strong rebound from their pandemic lows.
30 September, 2021 by The TZ Newswire Staff Comments Off on This Trend Will Dominate the Stock Market for the Next 10 Years
This Trend Will Dominate the Stock Market for the Next 10 Years
One of the best trends to bet on over the next decade could be the growing adoption of sustainable energy technologies — in particular, renewable energy and electric vehicles (EVs). Costs for both continue to come down, incentives are strong, and 2020 saw a huge push in public policy and corporate objectives toward the goal of carbon neutrality.
30 September, 2021 by The TZ Newswire Staff Comments Off on eToro Expands Sports Presence, Sponsoring 8 Italian Football Clubs
eToro Expands Sports Presence, Sponsoring 8 Italian Football Clubs
The broker will sponsor the clubs for the 2021-22 play season.
30 September, 2021 by The TZ Newswire Staff Comments Off on Terra to Apply Columbus 5 Mainnet Migration
Terra to Apply Columbus 5 Mainnet Migration
Terra, a top 15-ranked cryptocurrency by market capitalization, is planning to apply the Columbus 5 upgrade to its mainnet today. If everything goes according to plan, this new update will bring improvements to allow the Terra network to keep expanding.
30 September, 2021 by The TZ Newswire Staff Comments Off on US initial jobs claims 362K versus 333K estimate
US initial jobs claims 362K versus 333K estimate
US initial jobless claims and continuing claims for the current week
– 351K (no revision)
– initial jobless claims 362K versus 333K estimate
– 4-week moving average 340K versus 335.75K last week
30 September, 2021 by The TZ Newswire Staff Comments Off on US Q2 GDP (third reading) 6.7% vs 6.6% expected
US Q2 GDP (third reading) 6.7% vs 6.6% expected
The final look at second quarter GDP
The first look at Q3 GDP will be released at the end of October. We get the latest PCE data tomorrow.
Details:The improvement in trade was largely behind the upward revision to the data.