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2024-05-15 04:17:12 ET Summary Hertz Global stock is recommended as a sell due to potential charges from the remaining fleet of EVs on the balance sheet. 1Q24 results showed a substantial miss in adj EBITDA, with weakness in both Americas and International segments. The declin...
2024-05-13 14:50:56 ET Hertz and BP had grand plans for EVs and charging not long ago. But the rental car giant has lately retreated from its EV ambitions, citing high costs. Image source: BP. Shares of Hertz Global Holdings (NASDAQ: HTZ) were moving higher on Monday amid a revi...
2024-05-13 13:07:36 ET More on GameStop: GameStop: Approaching An Optimistic Fair Value But Not There Yet GameStop: Operations Are Stabilizing, But Expect More Pain To Come GameStop: Compelling Risk To Reward Profile Ahead Of Q4 Earnings GameStop's sudden mem...
2024-05-13 13:00:32 ET More on Industrial Select Sector SPDR ETF Eclipsed: Energy, Grids, Infrastructure, And Innovation XLI ETF: Seek More Aero And Defense Exposure Markets may move higher in coming months on growth and profitability – Global X Aspen ...
2024-05-01 09:00:00 ET Summary April 2024 jobs report expected to show an increase of 250,000 jobs, indicating continued tightness in the labor market. Healthcare sector likely to add jobs, while drug manufacturers may struggle. Construction, government, energy, and beverage i...
2024-04-29 12:50:35 ET Struggling electric vehicle maker Polestar Automotive Holding UK PLC ( NASDAQ: PSNY ) was able to cut the battery charging time for a Polestar 5 prototype vehicle to 10 minutes using Extreme Fast Charging (XFC) battery technology provided by StoreDot. The prot...
2024-04-29 09:17:10 ET Summary Hertz is selling 30,000 EVs at a loss of $195 million. The current depreciation rate for non-Tesla vehicles is a very high 1.67% because used car prices keep dropping. Hertz is highly leveraged and borrowed even more in 1Q'24. Higher for long...
2024-04-26 08:30:00 ET More on Hertz Global Hertz Global Holdings, Inc. (HTZ) Q1 2024 Earnings Call Transcript Hertz: The Tesla Pain Continues Hertz: Take The Wheel, Contrarians Hertz slides 20% as depreciating Teslas dent the bottom line Hertz Global...
2024-04-26 08:26:58 ET Losers: reAlpha Tech Corp. ( AIRE ) -15% . Processa Pharmaceuticals ( PCSA ) -14% . Saia SAIA -13% after Q1 earnings release . Boyd Gaming Corp. BYD -12% after Q1 earnings release . Barfresh Food Group ( BRFH )...
2024-04-25 14:42:40 ET More on Hertz Global Holdings Hertz Global Holdings, Inc. (HTZ) Q1 2024 Earnings Call Transcript Hertz: The Tesla Pain Continues Hertz: Take The Wheel, Contrarians Hertz Global Holdings Non-GAAP EPS of -$1.28 misses by $0.85, revenue of...
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2024-07-14 06:45:00 ET Stock markets are soaring. But not every stock has participated in the upswing. Two Nasdaq stocks in particular have seen their share prices fall dramatically. If you're looking for bargains, start here. Since the start of 2024, Hertz Global Holdings (NASDAQ...
2024-06-21 14:40:19 ET Hertz Global Holdings (NASDAQ: HTZ) stock is flying on Friday, up 14.1% through 1:30 p.m. ET, and for a most peculiar reason: Hertz is taking on a lot of debt , and at very high interest rates . Of course, on the plus side, Hertz is also paying d...
Hertz Announces Upsize and Pricing of $1 Billion Offerings PR Newswire Comprised of $750 Million of First Lien Senior Secured Notes and $250 Million of Exchangeable Senior Second-Lien Secured PIK Notes Issued by The Hertz Corporation ESTERO, Fla. , Ju...