News

S&P Global Ratings said on Friday it had cut its long-term issuer credit ratings on Nissan Motor to 'BB'. It said that "prospects for a fast improvement in Nissan Motor's automotive business to levels comparable with similarly rated peers' are now remote".

(Bloomberg) -- It’s been a whirlwind of a week for US stocks as tariffs hit a fever pitch, sending the S&P 500 into a tailspin that briefly drove it below a closely watched technical level.Most Read from BloombergTrump Administration Plans to Eliminate Dozens of Housing OfficesNJ College to Merge With State School After Financial StressRepublican Mayor Braces for Tariffs: ‘We Didn’t Budget for This’How Upzoning in Cambridge Broke the YIMBY MoldNYC’s Finances Are Sinking With Gauge Falling to 11-

(Reuters) -Intuitive Machines' shares tumbled 23% on Friday after the company confirmed its second moon lander, Athena, landed on its side a day earlier, mirroring the company's first lunar landing attempt last year. The six-legged Athena lander touched down at a site about 100 miles (160 km) from the moon's south pole, but Intuitive Machines said on Friday the mission ended due to the spacecraft being on its side after completing several mission milestones. "With the direction of the sun, the orientation of the solar panels, and extreme cold temperatures in the crater, Intuitive Machines does not expect Athena to recharge," the space company said.

Tesla has had a turbulent February. Marked by a significant stock decline and growing backlash to Elon Musk's political role.

Rockwell Automation trades at $274.49 and has moved in lockstep with the market. Its shares have returned 5.9% over the last six months while the S&P 500 has gained 5.2%.

Kulicke and Soffa currently trades at $37.36 per share and has shown little upside over the past six months, posting a small loss of 3.5%. The stock also fell short of the S&P 500’s 5.2% gain during that period.

Over the past six months, The Cheesecake Factory has been a great trade, beating the S&P 500 by 28.4%. Its stock price has climbed to $48.75, representing a healthy 33.6% increase. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.