News by Michael Elkins on Investing.com

Tesla's FSD falls in Consumer Reports ratings By Investing.com - Jan 25, 2023

By Michael Elkins Consumer Reports announced Wednesday that Tesla's (NASDAQ:TSLA) Full Self-Driving (FSD) system has fallen in the rankings of 12 driver assistance programs...

Walmart to raise U.S. average wage to $17.50/h By Investing.com - Jan 24, 2023

By Michael Elkins In a letter published on their corporate website, today Walmart (NYSE:WMT) announced that, starting next month, the retailer will begin investing in higher wages...

Stellantis recalls 76,000 hybrid minivans By Investing.com - Jan 24, 2023

By Michael Elkins Stellantis (NYSE:STLA) announced Tuesday that the American automaker is recalling 76,000 plug-in hybrid electric minivans due to a short circuit that could cause...

PagerDuty to cut headcount by 7%; announces CRO transition By Investing.com - Jan 24, 2023

By Michael Elkins PagerDuty, Inc. (NYSE:PD) announced today that the American cloud computing company will be eliminating some roles and creating new ones in high-talent, lower...

Mizuho remains bearish on Coinbase as investors shy away from crypto By Investing.com - Jan 24, 2023

By Michael Elkins Mizuho reiterated an Underperform rating and $30.00 price target on Coinbase Global Inc (NASDAQ:COIN) after a proprietary survey suggested that, despite...

KeyBanc starts Virgin Galactic at Sector Weight on 'cloudy' near-term visibility By Investing.com - Jan 24, 2023

By Michael Elkins Virgin Galactic Holdings Inc (NYSE:SPCE) is down 1.88% in pre-market trading on Tuesday after KeyBanc initiated coverage of the commercial space line with a...

KeyBanc upgrades Lyft to Overweight By Investing.com - Jan 24, 2023

By Michael Elkins Shares of LYFT Inc (NASDAQ:LYFT) are up 3.31% in pre-market trading on Tuesday after KeyBanc upgraded the ride-sharing company to an Overweight rating with a...

Goldman Sachs to reduce alternative investments weighing on earnings By Investing.com - Jan 23, 2023

By Michael Elkins Reuters reports today that Goldman Sachs’ (NYSE:GS) asset management arm will significantly reduce the $59 billion of alternative investments that weighed on the...

Deutsche Bank adds Aptiv to catalyst call buy list ahead of 4Q release By Investing.com - Jan 23, 2023

By Michael Elkins Deutsche Bank reiterated a Buy rating and $126.00 price target on Aptiv (NYSE:APTV) after adding the automotive tech supplier to their short-term Catalyst Call...

Rivian’s chief lobbyist to depart EV startup in February By Investing.com - Jan 23, 2023

By Michael Elkins The Wall Street Journal reports today that Rivian Automotive Inc's (NASDAQ:RIVN) chief lobbyist, Jim Chen, is departing the company. Chen is the latest...