Latest Stock price movements News

Peloton cuts jobs, raises prices in bid for profitability

Aug. 12, 2022 18:03 PM EDT

NEW YORK (AP) — Peloton is laying off employees and raising prices for some of its equipment as part of its latest bid to make the business profitable and free up cash. The changes were disclosed Friday in a memo to employees of the maker of high-end exercise bikes and treadmills...

Closing prices for crude oil, gold and other commodities

Aug. 12, 2022 15:37 PM EDT

Benchmark U.S. crude oil for September delivery fell $2.25 to $92.09 a barrel Friday. Brent crude for October delivery fell $1.45 to $98.15 a barrel. Wholesale gasoline for September delivery fell 2 cents to $3.05 a gallon. September heating oil rose 4 cents to $3.52 a gallon....

Closing prices for crude oil, gold and other commodities

Aug. 11, 2022 16:10 PM EDT

Benchmark U.S. crude oil for September delivery rose $2.41 to $94.34 a barrel Thursday. Brent crude for October delivery rose $2.20 to $99.60 a barrel. Wholesale gasoline for September delivery was unchanged at $3.07 a gallon. September heating oil rose 7 cents to...

Elon Musk sells $7B in Tesla shares ahead of Twitter fight

Aug. 10, 2022 19:05 PM EDT

Elon Musk has sold nearly $7 billion worth of shares in Tesla as the billionaire gets his finances in order ahead of his court battle with Twitter. Musk disclosed in series of regulatory filings that he unloaded about 8 million shares of his company Tesla Inc. in recent days. ...

Closing prices for crude oil, gold and other commodities

Aug. 10, 2022 15:22 PM EDT

Benchmark U.S. crude oil for September delivery rose $1.43 to $91.93 a barrel Wednesday. Brent crude for October delivery rose $1.09 to $97.40 a barrel. Wholesale gasoline for September delivery rose 11 cents to $3.07 a gallon. September heating oil rose 8 cents to $3.41 a gallon....

Closing prices for crude oil, gold and other commodities

Aug. 09, 2022 15:16 PM EDT

Benchmark U.S. crude oil for September delivery fell 26 cents to $90.50 a barrel Tuesday. Brent crude for October delivery fell 34 cents to $96.31 a barrel. Wholesale gasoline for September delivery rose 7 cents to $2.96 a gallon. September heating oil rose 15 cents to $3.33 a...

Warren Buffett's company has bet $47B on the oil sector

Aug. 09, 2022 12:05 PM EDT

OMAHA, Neb. (AP) — Warren Buffett's company has bought up more than $11 billion worth of Occidental Petroleum stock this year, giving Berkshire Hathaway control of more than 20% of the oil producer. Occidental's stock rose more than 3.5% on Tuesday to $62.18 after Buffett revealed...

Closing prices for crude oil, gold and other commodities

Aug. 08, 2022 15:25 PM EDT

Benchmark U.S. crude oil for September delivery rose $1.75 to $90.76 a barrel Monday. Brent crude for October delivery rose $1.73 to $96.65 a barrel. Wholesale gasoline for September delivery rose 3 cents to $2.89 a gallon. September heating oil fell 4 cents to $3.18 a gallon....

Closing prices for crude oil, gold and other commodities

Aug. 05, 2022 15:27 PM EDT

Benchmark U.S. crude oil for September delivery rose 47 cents to $89.01 a barrel Friday. Brent crude for October delivery rose 80 cents to $94.92 a barrel. Wholesale gasoline for September delivery rose 7 cents to $2.86 a gallon. September heating oil fell 12 cents to $3.22 a gallon....

Tesla investors approve stock split; Musk to add factories

Aug. 04, 2022 20:29 PM EDT

DETROIT (AP) — Tesla shareholders on Thursday approved a three-for-one stock split, a move that will make the company's shares more accessible to smaller investors. Preliminary results of the shareholder vote were announced at the electric car and solar panel maker's annual meeting...