Boeing Company (NYSE:BA) shares are trading lower Friday after 33,000 Boeing factory workers went on strike just after midnight. The Details: Aircraft assembly workers walked off the job early Friday morning after rejecting a contract offer presented by Boeing and the International Association of Machinists and Aerospace Workers (IAM) that would have increased wages by […]
What’s Going On With Amazon Stock After Earnings?
Erica Kollmann | August 2, 2024
Amazon.com, Inc.. (NASDAQ:AMZN) shares are trading lower Friday after the company posted mixed second-quarter financial results after Thursday’s closing bell. The Details: Amazon shares are tumbling after the company missed analysts’ estimates for net sales in the second quarter. AWS revenue came in slightly above estimates at $26.3 billion, up 19%. The company also issued […]
Nikola’s Stock Hits All-Time Low: What’s Going On?
Erica Kollmann | May 29, 2024
Nikola Corporation (NASDAQ:NKLA) shares are trading lower Wednesday, and the stock is down more than 20% over the past month. Here’s a look at what’s going on. The Details: Nikola shares have fallen after the EV-maker reported worse-than-expected first-quarter financial results on May 7. The company reported sales of $7.5 million, compared to $10.7 million […]