Carvana (CVNA) stock surges on 2023 profit, analyst upgrades

Carvana (CVNA) stock surges on 2023 profit, analyst upgrades

Vehicles are seen on a display at a Carvana dealership on February 20, 2023 in Austin, Texas. Brandon Bell | Getty Images Carvana shares surged 30% Friday morning after posting its first-ever annual profit and receiving a pair of upgrades by Wall Street analysts. The used-car retailer has been trimming inventory and expenses as it … Read more

Intuitive Machines stock (LUNR) jumps after Odysseus moon landing

Intuitive Machines stock (LUNR) jumps after Odysseus moon landing

Intuitive Machines’ Nova-C lunar lander on display at NASA’s Marshall Space Flight Center. NASA Shares of Intuitive Machines surged in premarket trading on Friday after the company’s successful first moon landing. Intuitive Machines’ cargo moon lander, “Odysseus,” became the first privately developed spacecraft to land on the lunar surface on Thursday – as well as … Read more

Intuitive Machines (LUNR) IM-1 moon landing for NASA

Intuitive Machines (LUNR) IM-1 moon landing for NASA

The IM-1 lander “Odysseus” in lunar orbit on Feb. 21, 2024. Intuitive Machines Lunar company Intuitive Machines is going for history on Thursday as it attempts to reach the moon’s surface in what would be the first American lunar landing since the Apollo era. Intuitive Machines’ mission, known as IM-1, aims to soft land near … Read more

How Wall Street reads IM-1 moon-fueled rally

How Wall Street reads IM-1 moon-fueled rally

Intuitive Machines’ Nova-C lander “Odysseus” deploys from the upper stage of SpaceX’s Falcon 9 rocket to begin the IM-1 mission. NASA TV Much like Intuitive Machines’ spacecraft, its stock has been flying to the moon the past week. In a little over a month since hitting all-time lows, and with its IM-1 mission on the … Read more

Mercedes-Benz shares climb 5% on share buyback, despite ‘exceptional’ uncertainty ahead

Mercedes-Benz shares climb 5% on share buyback, despite ‘exceptional’ uncertainty ahead

Mercedes-AMG GT 43 4MATIC+ on display at Brussels Expo on January 9, 2020 in Brussels, Belgium.  Sjoerd Van Der Wal | Getty Images News | Getty Images Mercedes-Benz shares gained around 5% on Thursday morning after the German carmaker beat fourth-quarter earnings expectations and announced a new share buyback program, despite warning of “exceptional” risks … Read more

Ford, UAW reach local labor deal to avert strike at Kentucky plant

Ford, UAW reach local labor deal to avert strike at Kentucky plant

Ford Super Duty trucks are seen at the Kentucky Truck assembly plant in Louisville, Kentucky, U.S., April 27, 2023. Joe White | Reuters Ford and a United Auto Workers local union reached a tentative deal on Wednesday to avert a strike at the automaker’s most profitable plant. The UAW had threatened that nearly 9,000 workers … Read more

SpaceX Senior Vice President Tom Ochinero resigns

SpaceX Senior Vice President Tom Ochinero resigns

A SpaceX Falcon Heavy rocket, carrying the Arabsat 6A communications satellite, lifts off from the Kennedy Space Center in Cape Canaveral, Florida, April 11, 2019. Thom Baur | Reuters One of SpaceX’s senior executives is leaving, CNBC has learned, in a rare high-level departure from Elon Musk’s space company. Tom Ochinero, SpaceX senior vice president … Read more

Intuitive Machines (LUNR) stock surges as lander approaches the moon

Intuitive Machines (LUNR) stock surges as lander approaches the moon

The company’s IM-1 mission lander shortly after launching on Feb. 15, 2024. Intuitive Machines Shares of Intuitive Machines jumped for a third consecutive trading session, surpassing their post-SPAC debut price, as the company’s first mission completed further milestones as it approached the moon. Intuitive Machines’ stock surged as much as 65% in trading Tuesday to … Read more

American Airlines raises bag fees, limits miles for travel agency bookings

American Airlines raises bag fees, limits miles for travel agency bookings

An American Airlines plane sits at the gate at Cancun International Airport on May 26, 2023. Daniel Slim | AFP | Getty Images American Airlines has raised the price to check a bag for the first time in more than five years and said it would limit which travel agency bookings are eligible to earn … Read more

Disney star Bridgit Mendler launches satellite startup Northwood Space

Disney star Bridgit Mendler launches satellite startup Northwood Space

Actress and singer Bridgit Mendler attends NBCUniversal’s after party for the 72nd annual Golden Globes Awards at The Beverly Hilton hotel in Beverly Hills, California, on Jan. 11, 2015. Paul Archuleta | Filmmagic | Getty Images Bridgit Mendler is no stranger to reaching millions of people — now she wants to change how satellite data … Read more