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- Wall Street ends higher as SpaceX's market debut dominates
- SpaceX prices historic IPO at $135/share in largest ever new listing
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- UBS cuts gold price forecasts on delayed Fed easing outlook
- Brent falls to lowest since March on expected peace deal
- NASDAQ adds five companies to NASDAQ-100 index in quarterly rebalance
- Super Micro Computer establishes $1.25 billion stock sale agreement
- Wall Street ends higher as SpaceX's market debut dominates
- 'Ocean of opportunity': Wolfe initiates SpaceX at Buy ahead of historic IPO
- SpaceX Shares Indicated To Open At $155
U.S. board rules Tesla (TSLA) violated labor laws by silencing workers
April 26, 2023 12:01 PM EDTA U.S. labor board official ruled Tuesday that supervisors at Teslas (NASDAQ: TSLA) Florida service center have violated labor law by telling employees that they should not discuss pay and other working conditions, or bring complaints to higher level managers.
Management at the Orlando repair shop illegally silenced workers in 2021 after some of them complained that new hires were being paid more,... More
Mercedes-Benz launches new E-Class, its final ICE vehicle
April 25, 2023 12:04 PM EDTMercedes-Benz on Tuesday announced the launch of the German luxury automakers final new combustion engine model - the next generation of the E-Class. The new vehicle will be built in Germany and China and go on sale in Europe in the third quarter of this year.
It will... More
Hyundai and SK On finalize $5B EV battery venture in U.S.
April 25, 2023 11:45 AM EDTHyundai Motor Co. announced Tuesday that the South Korean automaker has finalized a $5 billion electric vehicle (EV) battery joint venture in the U.S., boosting electrification efforts in the country.
Hyundai and partner SK On, a battery unit of SK Innovation Co Ltd (096770.KS), will set up a... More
Citi Resumes First Republic Bank (FRC) at Sell
April 25, 2023 8:17 AM EDTCiti analyst Arren Cyganovich resumes coverage on First Republic Bank (NYSE: FRC) with a Sell rating and a price target of $11.00.
The analyst comments "First Republic lost over $100B of deposits excluding the $30B it received from large banks. The high cost... More
Renault aims for software to be on par with Tesla (TSLA) by 2026
April 24, 2023 3:42 PM EDTFrench automotive group, Renault on Monday detailed the new software architecture of its future vehicles which it claims will be on par with Tesla (NASDAQ: TSLA) by 2026.
Automakers have been living for months under the threat of regular and drastic price cuts from Tesla. In France, the list price of the Tesla Model 3 now starts at... More
