The Latest Breaking News from Piper Sandler

Tesla’s stock has dropped some in the weeks since the automaker’s Q1 2023 earnings call, with some concerns about slowed inventory turnover and price cuts.

Shares of Rivian Automotive (RIVN ) have lost 93% of their value since their initial public offering in 2021. The company’s market capitalization has fallen to less than $12 billion today from $150 billion realized after its public trading debut in 2021. Rivian Automotive is struggling to compete in a...

Young people are using VR more than the generations who came before them, but I'm worried about Meta's influence.

Morning Markets June S&P 500 futures (ESM2 3) this morning are down -0.02%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.18%. U.S. stock index futures this morning are slightly lower on mixed corporate earnings. However, lower T-note yields this morning are providing underlying support. The markets are...

As American teenagers age into adulthood, they'll bring many of their favorite brands with them.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Wednesday closed down -0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.89%. Stock indexes Wednesday gave up early gains and settled...

Only 4% of teens use VR devices daily, according to a new survey, but companies like Facebook parent Meta continue to pump money into the tech.

Dow Jones rises to start the earnings season. S&P Global Market Intelligence sees a strong economy in 2023. Retail stocks fall while BBBY pops

Someone with a lot of money to spend has taken a bearish stance on Microsoft (NASDAQ:MSFT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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