Shares of ChargePoint Holdings Inc. tanked more than 20% in the extended session Thursday after the EV charging company lost its top executive and said its third-quarter sales are well off the mark. “Our core markets of North America and Europe both came under pressure late in the third quarter, with revenue falling far short …
ChargePoint stock down more than 20% after revenue warning, CEO change Read More »
The stock market, as measured by the S&P 500 Index SPX, is testing its support level at 4200, which is also roughly the location of the 200-day Moving Average of SPX. At the beginning of October, SPX retreated to these same levels, and an oversold rally occurred. But that rally topped out at the declining …
The stock market is looking for direction and there’s a hopeful sign just ahead Read More »
McDonald’s Corp. MCD, +1.23% plans to create a spinoff restaurant brand called CosMc’s sometime in 2024, with a perhaps-familiar alien starring as its mascot. CosMc is a retro McDonald’s character that appeared in ads in the 1980s and 1990s. CosMc was a part-space creature and part-machine, and loved McDonald’s food. And it joined the McDonaldland …
