Sheryl Sheth

About the Author Sheryl Sheth

Ford Raises Q2 EBIT Estimates, Claims Vehicle Orders are Expanding

The global automaker, Ford Motor Company (F), announced that second-quarter earnings before interest and taxes (EBIT) will be higher-than-expected and considerably higher compared …

Fisker and Magna Ink Long-Term Manufacturing Deal; Fisker Shares Jump

Electric vehicle (EV) automaker Fisker Inc. (FSR) and Magna International Inc.

U.S. Steel Provides Upbeat Q2 Guidance; Shares Plunge on Worries of Increased Metal Supply

United States Steel Corporation (X) announced upbeat guidance for the second quarter of FY21. However, shares of the giant steel producer plunged 7.

Synopsys Replenishes Share Buyback up to $500M; Shares Rise

Synopsys, Inc. (SNPS) announced that its Board has agreed to replenish the existing share buyback program authorization to up to $500 million.

Ford Buys Electriphi, Offers Depot Charging Solutions

Ford Motor Company (F) is buying Electriphi, a California-based provider of charging management and fleet monitoring software, to simplify the transition to electric …

NOG Prices 5M Common Stock Public Offering at $17.50 Each; Announces Permian Acquisition

Northern Oil & Gas, Inc. (NOG), an independent energy company, announced the pricing of a 5 million common shares offering to the public …

GM to Boost EV and AV Spend to $35B; Raises 1H21 EBIT Outlook

General Motors Co. (GM), one of the biggest car manufacturers and a global leader in battery and fuel cell technology, announced an increase …

Citi’s Shares Drop as CFO Warns of Rising Expenses and Falling Revenue – Report

The global financial services company, Citigroup Inc (C), has warned of increased expenses in the second quarter and also signaled a fall trading …

Baidu to Launch Apollo Moon Robotaxi, Plan Mass Production at Affordable Cost

Chinese tech giant Baidu, Inc. (BIDU), together with its partner BAIC Group’s ARCFOX, its high-end brand of EVs, announced the launch of their …

Why is Exxon Mobil Trending Higher?

The multinational oil and gas company, Exxon Mobil Corporation (XOM), is witnessing a steady rise in its share price. Oil prices are hitting …

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