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Boeing supplier Spirit Aerosystems shares drop after midair blowout on Max 9 aircraft
Proactive Investors· 2024-01-08 13:44
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Dow seen lower and Boeing nosedives amid 737 Max grounding
Proactive Investors· 2024-01-08 12:11
About this content About Jeremy Cutler Jeremy has worked extensively in the world of financial journalism as a reporter at ICV News, deputy editor at S&P Marketscope and as a senior reporter for Thomson Financial’s Marketeye. A qualified accountant, former finance director and with a degree in Economics, Jeremy is well placed to analyse and explain the ups and downs of UK, European and US stockmarkets in Proactive’s daily market report Read more About the publisher Proactive financial news and online br ...
Amazon prepping investment in Scottish offshore wind - report
Proactive Investors· 2024-01-08 11:54
Amazon.com Inc (NASDAQ:AMZN, ETR:AMZ) is reportedly poised to announce a major investment in offshore wind as part of a bid to power all of its UK operations with renewable energy from next year. According to the Mail on Sunday, Amazon is to unveil the deal later this month, which will relate to the Moray West wind farm off the north-east coast of Scotland. This will see the retail giant source energy from the site through a power purchase agreement, reports said. Moray West is currently under construction ...
Boeing and Lockheed-owned SpaceX rival ULA launches new rocket for moon
Proactive Investors· 2024-01-08 09:52
SpaceX-rival United Launch Alliance (ULA), a joint venture between Boeing Co (NYSE:BA, ETR:BCO) and Lockheed Martin (NYSE:LMT), launched its new Vulcan rocket bound for the moon on Monday. ULA’s next generation Vulcan, itself a successor to the Delta IV and Atlas V rockets, successfully launched from Florida’s Cape Canaveral Space Force Station on Monday morning. MISSION SUCCESS! ULA's #VulcanRocket successfully performed its #Cert1 flight test today! Thank you to the engineers, technicians and teammates a ...
Argo Blockchain shares sent lower following £7.8mln equity round
Proactive Investors· 2024-01-08 07:56
Core Viewpoint - Argo Blockchain PLC experienced a significant drop in share price following a new equity round, indicating market reaction to capital raising efforts [1] Group 1: Equity Round - The company raised £7.8 million through an equity round, issuing new shares at 20.5p, which represents a 24% discount to the previous closing price [1] - The discount is only 1% when considering a volume-weighted 30-day average [1] - Proceeds from the equity placement will be allocated for working capital, debt repayment, and general corporate purposes [1] Group 2: Operational Update - In December, Argo Blockchain mined 155 bitcoins, reflecting a 4% increase month-on-month [1] - The company generated $6.6 million (£5.2 million) in revenue, which is a 25% increase month-on-month [1] - At the time of reporting, shares were trading at 22.75p [1]
Tesla Model Y UK's best-selling BEV for second year running
Proactive Investors· 2024-01-05 14:02
Tesla Inc (NASDAQ:TSLA)’s Model Y claimed the title as the UK's most-bought battery electric vehicle (EV) for the second year running in 2023, Society of Motor Manufacturers and Traders (SMMT) data revealed on Friday. Some 35,899 models of the car were sold in the UK over the year, marginally up on 35,551 in 2022, placing it above models by the likes of MG, Audi and Polstar. Top five best-selling EVs in 2023 (SMMT): Tesla Model Y - 35,899 MG4 - 21,715 Audi 04 e-tron - 16,757 Tesla Model 3 - 13,536 Pol ...
AbbVie shares higher following ‘overdone' reaction to CVS move to replace top-selling arthritis drug
Proactive Investors· 2024-01-04 19:06
About this content About Ian Lyall Ian Lyall, a seasoned journalist and editor, brings over three decades of experience to his role as Managing Editor at Proactive. Overseeing Proactive's editorial and broadcast operations across six offices on three continents, Ian is responsible for quality control, editorial policy, and content production. He directs the creation of 50,000 pieces of real-time news, feature articles, and filmed interviews annually. Prior to Proactive, Ian helped lead the business outpu ...
Qualcomm launches new chip designed to power Android mixed reality headsets
Proactive Investors· 2024-01-04 18:02
About this content About Andrew Kessel Andrew is a financial journalist with experience covering public companies in a wide breadth of industries, including tech, medicine, cryptocurrency, mining and retail. In addition to Proactive, he has been published in a Financial Times-owned newsletter covering broker-dealer firms and in the Columbia Misourian newspaper as the lead reporter focused on higher education. He got his start with an internship at Rolling Stone magazine. Read more About the publisher Pr ...
Google could cut 30,000 jobs as it further employs AI: report
Proactive Investors· 2024-01-04 17:39
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...
Ford vehicle sales reach almost 2 million in best year since 2020
Proactive Investors· 2024-01-04 16:27
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...