Coatue Cuts Tesla Position By 96%, Trims Nvidia While Buying Lucid And Hertz

Hedge fund giant Coatue Management , run by billionaire investor Philippe Laffont, dramatically reduced its exposure to Tesla, Inc. (NASDAQ:TSLA) during the first quarter, trimming the position by roughly 96% according to its latest 13F filing.

Benzinga • 21 hours ago

New Hertz Data Signals a Road Trip Renaissance, as 64% of Americans Plan to Hit the Road this Summer

ESTERO, Fla.--(BUSINESS WIRE)--Memorial Day weekend marks the unofficial start of summer travel season, and a new survey from Hertz shows Americans are doubling down on car travel, with 64% planning a road trip this summer. This resurgence reflects a growing desire to reclaim the road trip as an antidote to modern travel stress, embracing the freedom, flexibility and sense of control that driving brings to summer travel. As the country approaches its 250th anniversary, travelers are choosing ic.

Business Wire • May 12, 2026

Hertz Global Stock Declines 1.9% Since Q1 Earnings Release

HTZ beats Q1 2026 estimates as revenues rise 10.5% and pricing remains strong, but shares slip after the earnings release.

Zacks Investment Research • May 11, 2026

Hertz Posts Double Beat In Q1 With Strongest Revenue Growth In Three Years

Hertz Global Holdings Inc (NASDAQ:HTZ) reported financial results for the first quarter Thursday morning that exceeded Wall Street expectations on both the top and bottom lines. Here's what investors need to know.

Benzinga • May 7, 2026

Hertz Global Holdings, Inc. (HTZ) Q1 2026 Earnings Call Transcript

Hertz Global Holdings, Inc. (HTZ) Q1 2026 Earnings Call Transcript

Seeking Alpha • May 7, 2026

Hertz Announces Q1 2026 Results, Strongest Revenue Growth in Three Years

ESTERO, Fla.--(BUSINESS WIRE)--Hertz Global Holdings, Inc. (NASDAQ: HTZ) ("Hertz," "Hertz Global," or the "Company") today reported results for its first quarter 2026. Q1 2026 HIGHLIGHTS Revenue totaled $2.0 billion in the first quarter, up 11% year over year, Hertz's strongest year-over-year revenue growth in three years, driven by continued progress in its commercial strategies. Year-over-year Revenue per Unit (RPU) and Revenue Per Day (RPD) metrics continued improving sequentially, with RPD.

Business Wire • May 7, 2026

Hertz Global Holdings, Inc. (HTZ) Reports Q1 Loss, Tops Revenue Estimates

Hertz Global Holdings, Inc. (HTZ) came out with a quarterly loss of $0.72 per share versus the Zacks Consensus Estimate of a loss of $0.76. This compares to a loss of $1.12 per share a year ago.

Zacks Investment Research • May 7, 2026

Hertz Global (HTZ) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for Hertz Global (HTZ) give insight into how the company performed in the quarter ended March 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Zacks Investment Research • May 7, 2026

Hertz Teams With eBay to Drive More Digital Auto Sales

Hertz Car Sales is teaming with eBay to expand its digital retail footprint. The collaboration, announced by the auto rental giant Wednesday (May 6), involves the launch of a dedicated Hertz showroom on eBay's platform, bringing upwards of 8,000 “Hertz Certified” vehicle listings to the eCommerce seller's automotive marketplace.

PYMNTS • May 6, 2026

Hertz Car Sales Continues Retail Expansion with Digital Showroom on eBay

ESTERO, Fla.--(BUSINESS WIRE)--Hertz Car Sales today announced the latest strategic expansion of its digital retail presence with eBay, bringing thousands of Hertz Certified, near-new vehicles to one of the world's largest online automotive marketplaces. Through a dedicated Hertz Car Sales showroom, shoppers on eBay will have access to more than 8,000 vehicle listings, enjoying greater confidence, convenience, and value backed by a trusted brand. Hertz Car Sales offers the largest selection of.

Business Wire • May 5, 2026