Tag: Solid

Meta shares jump more than 16% on solid earnings, stock buyback, and dividend plan

Shares of Meta Platforms (META) rocketed higher at the start of trading Friday, climbing more than 16% after the company posted better than expected earnings and guidance, and announced new shareholder return initiatives. For the fourth quarter, Meta reported adjusted earnings per share (EPS) of $5.33 on revenue of $40.11 billion. Analysts were anticipating adjusted […]

North Korea claims test of solid fuel rocket with hypersonic warhead

The self-proclaimed nuclear power North Korea has reported that it has made further progress in the development of long-range missiles with hypersonic warheads. The missile authority successfully tested a medium-range missile with a new solid-fuel drive on Sunday, state media reported on Monday. The missile was loaded with a manoeuvrable hypersonic warhead. No details of […]

Is Solid Power a Buy After QuantumScape’s Massive News?

Investors have been concerned about slowing growth in electric vehicle (EV) sales. One reason is the lack of charging infrastructure. But battery maker Solid Power (NASDAQ: SLDP) is one of several companies that hopes to have a long-term solution. Solid Power shares popped today after fellow solid-state battery maker QuantumScape (NYSE: QS) announced some game-changing […]