Rocket shares slump nearly 11% after 1Q results

Rocket shares slump nearly 11% after 1Q results

Shares of Rocket Cos., the parent of Rocket Mortgage, fell almost 11% in after-hours trading with the company logging its first-quarter results. The company reported earnings attributable to Rocket of $123.7 million, while a year earlier, the company broke …
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Energy group Total starts production at Angolan oil project

Total added that the development of the project was carried out according to schedule and for capital expenditure more than 10% below budget, representing a saving of $150 million. The project includes the drilling of nine …
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Autonomous trucking startup Einride raises $110M ahead of expansion into US

The electric trucks do much the freight-shuttling work today for customers like Swedish food producer Oatly, Coca-Cola, Lidl and Electrolux. The company’s pitch is that its electric trucks reduce emissions for its customers by 94% compared to driving with diesel.
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South African miner Sibanye-Stillwater posts 78% profit jump

Sibanye said adjusted earnings before interest, tax, depreciation, and amortisation (EBITDA) for the quarter to 19.8 billion rand ($1.38 billion). Production was up 6% year on year at its South …
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Tesla to Set Up Database in China So Drivers Can Access Facts

Tesla Inc. will develop a database that vehicle owners in China can use to access information generated by their electric cars. The Palo Alto, …
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