For Small Net Companies, M&A Outlook Appears Bleak
Small, cash-burning companies are going to have trouble doing deals, some observers say.
Tesla Stock Slips Lower After Q2 Delivery Slump, Planned Factory Closures
Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.
Exxon Stock Jumps On Bets For Record Q2 Profits Amid Global Oil Price Surge
"High energy prices are largely a result of underinvestment by many in the energy industry over the last several years and especially during the pandemic," Exxon said.
Coinbase Faces A New Scandal
The platform denies selling proprietary customer data and announces it is expanding into several European countries.