FuboTV Stock Tanks After Lowering North America Forecast

Text size Dreamstime Shares of fuboTV were plummeting on Friday after the sports streaming service slashed its guidance for North America. For the full year, fuboTV (ticker: FUBO ) expects to generate between $1.02 billion to $1.03 billion in revenue in North America, with 1.465 million to 1.485 million subscribers. FuboTV previously had predicted that … Read more

QuantumScape Stock Falls. Earnings Aren’t the Problem.

Text size Investors know that significant sales are still years away for QuantumScape. Courtesy QuantumScape Solid-state battery technology company QuantumScape reported a wider-than-expected loss for the first quarter. Shares were down after the report, but earnings might not be the trigger. QuantumScape (ticker: QS) reported a loss of 21 cents a share from no sales. … Read more

QuantumScape May Bring Drivers an All-Electric Porsche 911, Report Says

Text size Porsche aims to have 80% of its sales come from all-electric cars by the end of the decade. Courtesy Porsche Iconic sports cars are going electric. The Ford Mustang has the all- electric Mach E. Italian luxury auto maker Ferrari is planning to launch its first all-electric model in 2025. And now Porsche … Read more

FuboTV stock drops after earnings on mixed outlook

Shares of fuboTV Inc. were off 1% in after-hours trading Wednesday after the streaming company delivered revenue ahead of what it had been expecting when it delivered preliminary results a month earlier but also issued a mixed outlook. The company reported a fourth-quarter net loss of $112.0 million, or 76 cents a share, compared with … Read more