Tech layoffs have been in the spotlight over the past few months as companies are scrambling to squeeze every bit of the cost leverage to counter shrinking toplines. What Happened: Tesla's full-time employee count, including those employed by its subsidiaries worldwide, totaled 127,855 at the end of 2022, the Austin, Texas-based company said in its 10-Q filed with the SEC on Monday.
Agree Realty Corp., which is a constituent of the S&P SmallCap 600, is all set to join the S&P MidCap 400 on Feb. 6, 2023. Agree Reality will replace STORE Capital Corp. in the MidCap 400 index, while Comstock Resources Inc. will replace Agree Reality in the SmallCap600, according to a statement issued by S&P Dow Jones Indices.
Nobel laureate and noted economist Paul Krugman has countered some of the criticisms about several strategies to resolve the looming debt ceiling crisis that includes minting a trillion-dollar coin. "If the strategies are undignified, so is having a financial crisis because a faction in Congress refuses to allow the government to pay bills it has already incurred," Krugman noted.
Major Wall Street indices closed over 1% higher on Tuesday, led by upbeat corporate earnings and expectations that the Federal Reserve will slow down its rate hike pace as the central bank is set to announce its monetary policy on Wednesday. 1. Tesla Inc : Shares of Tesla closed 3.94% higher on Tuesday.
Late Tuesday, Origin Therapeutics Holdings Inc., an investment issuer that has historically focused on psychedelics-industry-related companies announced it had signed a binding Letter of Intent to acquire all of the issued and outstanding securities of Safe Supply Streaming Co., a pharmaceutical streaming and investment company in the safe supply eco-system.
After the overwhelming success of last year's 4/20 business event, the Benzinga Cannabis Capital Conference is returning to Miami beach April 11-12, 2023 with events simultaneously taking place on two stages at Miami Beach's historic Fontainebleau Hotel.
Video game company Electronic Arts Inc reported third-quarter financial results after the market close Tuesday. Here are the key highlights for investors. What Happened: Electronic Arts posted third-quarter net revenue of $1.88 billion, up from last year's $1.79 billion, according to data from Benzinga Pro.
Kilroy Realty is set to give its latest quarterly earnings report on Wednesday, 2023-02-01. Analysts estimate that Kilroy Realty will report an earnings per share of $0.54. Kilroy Realty bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth.
This whale alert can help traders discover the next big trading opportunities. Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner. Traders often look for circumstances when the market estimation of an option diverges away from its normal worth.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
Log In Required
Line of Credit Log In Required