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  • Max Knoblauch

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Paramount reportedly receives $24 billion from Gulf funds to back its Warner Bros. takeover

Saudi Arabia’s PIF will provide about $10 billion, according to Wall Street Journal reporting.

Tesla delivered 358,023 vehicles in Q1, short of expectations

Analysts polled by FactSet had expected 380,500 units, while Tesla last month released its own company-compiled Wall Street consensus estimate of 365,645 vehicles.

Nio, Li Auto rise as Q1 delivery totals beat internal guidance

Nio and Li Auto ADRs were up more than 3% on Wednesday morning.

Nike’s China business declines for seventh-straight quarter

Nike reported its fiscal third-quarter results after the bell on Tuesday.

JetBlue is raising its bag fees as fuel costs squeeze airlines

Earlier this month, JetBlue said strong demand has “partially offset additional expenses” from rising fuel costs.

Alaska Air lowers its Q1 profit forecast due to surging fuel costs

Alaska Air now expects to log an adjusted loss per share of between $1.50 and $2 in the first quarter.

Netflix is hiking its prices again

The price of the ad-supported tier is rising $1 to $9, while the standard plan is rising $2 to $20

Hertz and Avis Budget appear to be benefiting as travelers balk at airport wait times

Shares of both rental car companies have risen significantly this week.

Ethanol players climb following the Trump administration’s move to waive summer gas regulations

It’s the fifth straight year the US has waived summertime restrictions on E15 gasoline.