Text size Albemarle and Livent reported solid earnings this past week, sending shares higher. Above, a scientist works on lithium battery research at an Albemarle facility in North Carolina. Logan Cyrus/Bloomberg Lithium is the metal at the center of the electric vehicle revolution and shares of lithium producers have beaten …
Read More »WSJ News Exclusive | Facebook Parent Meta Gives Thousands of Workers Subpar Reviews
Facebook parent Meta Platforms Inc. META -1.27% gave thousands of employees subpar ratings in a recently concluded round of performance reviews, a signal that more job cuts may be on the way, people familiar with the matter said. The company also cut a bonus metric, the people said, one of …
Read More »Shopify Stock Slumps and Cathie Wood’s ARK Swoops In to Buy Shares
Text size Cathie Wood focuses on high-growth stocks. Lauren Justice/Bloomberg High-profile fund manager Cathie Wood’s ARK Investment Management has increased holdings of e-commerce company Shopify and shed chip maker Nvidia , the group said in a statement. ARK snapped up about $35 million worth of Shopify shares. The stock has …
Read More »Deere Earnings Double and Sales Rise on Higher Production
Deere has benefited from favorable market conditions and higher levels of production. Photo: MICHELE TANTUSSI/REUTERS Updated Feb. 17, 2023 10:54 am ET Deere DE 6.12% & Co. said its profit more than doubled in the most recently completed quarter as higher prices and strong demand for farm and construction equipment …
Read More »Amazon and Other Quality Stocks Have Been Hit Hard. They Could Be Buys.
Amazon stock is down more than 35% in the past year. Above, an employee works at a company delivery station Phil Nijhuis / ANP/AFP via Getty Images Text size Quality stocks have been out of favor for a while now. The category includes names that have been slammed but that …
Read More »