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Why Berkshire Hathaway Stock Fell 12% in March
Shares of the Warren Buffett-led conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) fell 12% in the month of March, according to S&P Global Market Intelligence. The COVID-19 outbreak
Shake Shack Provides a Business Update as Sales Plunge 70%
Roadside burger chain Shake Shack (NYSE: SHAK) updated investors on the effect of the COVID-19 pandemic on its business on Thursday, while also providing details on its immediate financial
Why ConocoPhillips, Ballard Power, and Bloom Energy Stocks All Bounced Higher Today
A tweet from President Trump this morning sparked a rally in oil prices, oil stocks...and anti-oil stocks, too.
Just spoke to my friend MBS (Crown Prince) of Saudi Arabia, who spoke with President
Tesla's First-Quarter Deliveries Crush Estimates
Shares of electric-car maker Tesla (NASDAQ: TSLA) are soaring in after-hours trading on Thursday. As of 5:23 p.m. EDT, the stock was up more than 18% -- about $85 per share higher than the $454.47
General Motors and Honda Will Jointly Develop New Electric Honda Vehicles
General Motors (NYSE: GM) and Honda (NYSE: HMC) said Thursday that they will work together to develop two new electric vehicles for Honda using GM's vehicle architecture and proprietary batteries.
What Sent These Auto Stocks Plunging Thursday?
Shares of Hertz Global Holdings (NYSE: HTZ), Avis Budget Group (NASDAQ: CAR), and Group 1 Automotive (NYSE: GPI) were all down more than 10% Thursday after weak first-quarter auto sales and
Gold Stocks Soared Today as Investors Digested Sour Economic Data
Almost 10 million Americans have filed for unemployment in the last two weeks as a consequence of the 2020 coronavirus pandemic. The United States has never lost more than 1.4 million jobs in any
CarMax's Strong Quarter Gives Way to COVID-19 Uncertainty
Used-car retailing giant CarMax (NYSE: KMX) released fiscal fourth-quarter 2020 earnings results on Thursday before the markets opened, and if not for a high amount of uncertainty going forward
Stock Market Wrap-Up: Tesla Delivers the Goods; Oil Giants Jump
Wall Street had a good day on Thursday, as market participants were able to look past the challenges of the coronavirus pandemic to anticipate a possible recovery in the long run. The Dow Jones
Zoom Freezes All New Feature Rollouts to Shift Resources Toward Privacy and Safety
Zoom (NASDAQ: ZM) CEO Eric S. Yuan has acknowledged in an open letter that quick growth due to heavy demand has exposed security flaws in his company's platform. He promised to address them and has
Why Oilfield Service Stocks Are Rallying Today
Oil prices rebounded sharply on Thursday, thanks to a series of tweets by President Trump. That rally sent most energy stocks soaring, including those of oilfield service companies. Several popped
Capri Holdings' Shares Fall Again After Its Bond Rating Gets Cut to Junk Status
Shares of Capri Holdings (NYSE: CPRI) fell sharply for the second day in a row on Thursday, after Fitch Ratings cut the bond rating of the luxury fashion company from investment grade to junk.
Why Tesla Stock Fell Sharply on Thursday
Shares of Tesla (NASDAQ: TSLA) took a hit on Thursday, declining as much as 7.3%. By the time the market closed, the stock was down 5.6%. The decline happened even as the S&P 500 rose 2%.
Shares of
The "Ventilators" in Tesla's Big Coronavirus Donation Were Actually BPAP Machines
Tesla's (NASDAQ: TSLA) CEO Elon Musk stunned the country on March 23 when he announced he had -- as if by magic -- procured 1,255 ventilators from China, and was shipping them to medical centers in
Ford to Produce Coronavirus Personal Protective Equipment in South America
Opening up another front in the battle against the novel coronavirus, Ford Motor Company (NYSE: F) is setting its sights on South America. The automaker plans on making 50,000 face shields at its
Why Shares of Raytheon Fell in March
Shares of Raytheon (NYSE: RTN) performed significantly worse than those of other defense pure-plays in March, falling 30.4% for the month, according to data provided by S&P Global Market
Why Wendy's Stock Crashed Today
Shares of fast-food chain Wendy's (NASDAQ: WEN) fell as much as 8.6% on Thursday even though the market trended upward in general. Noted short-seller Jim Chanos appeared on CNBC in the morning and
Why Altria Stock Was Sliding Today
Shares of Altria (NYSE: MO) fell today after the company was sued by the Federal Trade Commission over its acquisition of a minority stake in Juul Labs in 2018. The agency wants the Marlboro maker
Why Amazon Won't Sell You a N95 Surgical Mask or COVID-19 Test Kit Anymore
Given the worldwide shortages of N95 surgical masks and coronavirus diagnostic kits, Amazon (NASDAQ: AMZN) has decided to halt all sales of those two medical supplies to consumers.
Instead, Amazon
Why Under Armour Stock Got Tripped Up Today
Shares of Under Armour (NYSE: UAA) (NYSE: UA) were falling today as the company received a downgrade from Moody's, the latest sign of trouble at the sports apparel retailer. As of 3:07 p.m. EDT on
Acuity Brands Inc (AYI) Q2 2020 Earnings Call Transcript
Image source: The Motley Fool.
Acuity Brands Inc (NYSE: AYI)Q2 2020 Earnings CallApr 2, 2020, 10:00 a.m. ET
Operator
Source Fool.com
Can This 5G Stock Deliver 25% Upside in These Uncertain Times?
Xilinx (NASDAQ: XLNX) stock was already in a spot of bother before the novel coronavirus pandemic wrecked the stock market, but one Wall Street firm actually has a positive view of the company's
NIO's Shares Slide as Top Engineer Prepares to Leave
Shares of Chinese electric-vehicle maker NIO (NYSE: NIO) were falling on Thursday, after a Chinese media outlet reported that the leader of its electric-drivetrain engineering team is leaving the
Why Airline Shares Are Falling Today
Airline shares remained under pressure on Thursday, continuing a downward spiral that saw many large companies lose more than one-third of their value in March. Spirit Airlines (NYSE: SAVE) led the
General Electric to Furlough 50% of Aircraft Engine Workers
General Electric (NYSE: GE) reportedly plans to furlough about half of the workers in its massive aircraft-engine manufacturing unit for up to four weeks, the latest in a number of similar


