Tesla (TSLA) is rolling out incentives in its key Chinese market to stave off mounting competition there. It also opened its charging network to Ford (F) vehicles this week as a new revenue stream. Shares of energy company Plug Power (PLUG) fell as fourth-quarter results missed EPS estimates. However, CEO Andy Marsh notes the company aims to return to profitability this year despite current losses. SoundHound AI (SOUN) sees its stock slide after missing revenue expectations. While SoundHound narrowed losses, sales lagged behind analyst forecasts. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
Tesla (TSLA) is rolling out incentives in its key Chinese market to stave off mounting competition there. It also opened its charging network to Ford (F) vehicles this week as a new revenue stream.
Shares of energy company Plug Power (PLUG) fell as fourth-quarter results missed EPS estimates. However, CEO Andy Marsh notes the company aims to return to profitability this year despite current losses.
SoundHound AI (SOUN) sees its stock slide after missing revenue expectations. While SoundHound narrowed losses, sales lagged behind analyst forecasts.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Angel Smith
Bloomberg
(Bloomberg) -- Fisker Inc. is seeking a financial lifeline as liquidity challenges put its survival in doubt, the latest sign of stress in an electric vehicle market plagued by slowing growth and questions over consumer demand.Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpNYCB Flags Weaknesses in Loan Oversight and Names New CEOIndia’s Blowout GDP Based on Data Distortion That Masks SlowdownFed’s Preferred Inflation Metric Increases by Most in a YearThe
Barrons.com
Nvidia was rising in premarket trading Friday with the stock testing the $800 mark. Nvidia shares were up 1.2% at $800.90 in premarket trading. Meanwhile, Advanced Micro Devices was up 3.2% in premarket trading at $198.75, after rising 9% the previous day and breaking through a $300 billion market valuation for the first time.
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