wells

Stocks making the biggest moves midday: Tesla, Wells Fargo, Nordstrom and more

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Shares of the electric vehicle company soared 13.5% to lead the Nasdaq Composite higher after the firm beat fourth-quarter and full-year delivery expectations. Tesla delivered 308,600 electric vehicles in the fourth quarter of 2021, better than an estimate of 267,000. Deliveries are the closest approximation of sales reported by Tesla. Wells Fargo — Shares jumped 5.7% after Barclays upgraded the bank to … Read more

ISIL is lighting oil wells on fire as they retreat, and no one is paying attention

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When ISIL retreats from an area in Iraq, they usually bomb anything that supports the local economy. Most of the time, that means they bomb oil fields and refineries. A burning oil field is a terrible thing. The fire typically takes months to put out. The thick black smoke blots out the sky and the … Read more