Page 17 - Devika Syamnath News Today

Electric-vehicle startup Fisker said on Wednesday it was cutting the prices of its electric Ocean SUV, signaling an attempt by the cash-strapped firm to drum up demand and ease concerns regarding its...

GameStop reported a fall in fourth-quarter revenue on Tuesday as the videogame retailer grappled with competition from e-commerce firms and weak consumer spending in an uncertain economy. ...

The U.S. Securities and Exchange Commission is asking technology and telecom companies how they handled the SolarWinds cyber attack in 2020, Bloomberg News reported on Tuesday, citing people familiar...

S&P Global downgraded its outlooks on five regional U.S. banks to negative from stable due to their commercial real estate exposures, the ratings agency said on Tuesday. (Reporting by Mehnaz Yasmin in... -March 26, 2024 at 06:24 pm EDT - MarketScreener

A deal could be finalized in the coming weeks if talks don't fall apart and it is also possible another suitor could emerge, the report said, citing people familiar with the matter. WSJ's is the latest media report on a potential bid for Shockwave Medical after Bloomberg News reported last year that Boston Scientific was weighing an offer for the heart device maker. When contacted for comment on the WSJ report, J&J and Shockwave Medical said they do not comment on rumors or spec...

Shares of the Grapevine, Texas-based company tumbled 15% in extended trade after the results. U.S. videogame publishers Take-Two Interactive Software and Electronic Arts also delivered lackluster earnings last month as the gaming industry faces pressure from high borrowing costs, sticky inflation and a slowdown in demand from pandemic peaks. GameStop posted revenue of $1.79 billion for the fourth quarter, compared with $2.23 billion a year earlier.

Shares of the Grapevine, Texas-based company tumbled 15% in extended trade after the results. U.S. videogame publishers Take-Two Interactive Software and Electronic Arts also delivered lackluster earnings last month as the gaming industry faces pressure from high borrowing costs, sticky inflation and a slowdown in demand from pandemic peaks. GameStop posted revenue of $1.79 billion for the fourth quarter, compared with $2.23 billion a year earlier.

Chinese electric-vehicle battery maker CATL is in talks with Tesla and other unnamed automakers to license its battery technology in the U.S. instead of building its own plant there, the Wall Street...

Hawaiian Electric on Monday asked its customers in Hawaii Island to reduce or shift their electricity use through April after the utilitys largest generator, an independent power producer, went...

The region has emerged as one of the hottest EV markets in recent years and could offer Tesla a large customer base at a time when demand is slowing in the United States.