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News 2026-08-07 10:22 UTC

Why Is Hertz Global Stock Soaring Friday?

Hertz Global Holdings Inc. (NASDAQ: HTZ ) stock surged more than 20% in Friday’s premarket session after the rental-car company reported second-quarter results that beat Wall Street expectations, raised confidence in its turnaround and prompted CEO Gil West to argue that the stock’s current valuation is “tough to under

News 2026-07-06 16:52 UTC

What's Going on With Joby Aviation Stock Monday?

Joby Aviation, Inc. (NYSE: JOBY ) stock is surging on Monday, primarily due to building excitement around its newly finalized mass-manufacturing alliance with Toyota Motor Corp. (NYSE: TM ). The Nasdaq is up 1.71% while the S&P 500 has gained 0.82%. Toyota Partnership Drives Commercial Production Strategy The upward mo

News 2026-07-06 13:02 UTC

Bill Ackman's Hertz Bet Faces a New Test as HTZ Flashes a Death Cross

Hertz Global Holdings Inc. (NASDAQ: HTZ ) has already lost nearly 60% of its value this year. Now, the chart is delivering another blow. The car-rental company’s stock has flashed a Death Cross —a bearish technical signal that appears when the 50-day moving average falls below the 200-day moving average. For many trade