Solana soars to $136, reaching a 22-month high as Bitcoin rallies to $64,000, fueling a broad crypto market surge. Dogecoin also sees significant gains.
Apple's ambitious foray into the autonomous vehicle market, known as Project Titan, appears to have encountered significant obstacles, casting doubt on the project's future and its potential impact on the automotive and tech industries.
Today, February 29, 2024, market observers note a cautious dip in both Dow Jones and Nasdaq futures ahead of the anticipated Personal Consumption Expenditures (PCE) inflation data release.
The company, which is actively engaged in the development of innovative biopharmaceutical implants for chronic diseases, has seen its stock price jump to $4.99, marking an impressive increase of over 394% from its previous close.
Beyond Meat has witnessed a remarkable 50% surge in its stock price during premarket trading, primarily attributed to its recent financial performance that surpassed analysts' expectations.
Today, Warner Bros. Discovery (WBD) has unveiled its financial performance for Q4 2023, presenting a mix of challenges and achievements that underline the company's strategic direction amidst the evolving entertainment landscape.
Shares of MRNA soared on Thursday following the company's announcement of unexpected quarterly earnings and revenue that surpassed Wall Street forecasts.
Amazon's inclusion in the Dow Jones Industrial Average underscores a shift towards tech and consumer-driven market dynamics, ensuring the index's relevance.
Unveiling Walmart's upcoming earnings, with a deep dive into revenue projections, e-commerce growth, and what it means for investors and the retail landscape.
Goldman Sachs significantly raises its S&P 500 forecast for 2024 to 5,200, citing falling inflation and Fed's dovish stance on interest rates. This optimism in the stock market is bolstered by recent economic data showing resilience.
As Nvidia (NASDAQ: NVDA) gears up to release its Q4 earnings, expectations are sky-high with projected revenues of $20.38 billion and net income at $10.4 billion, reflecting the AI chip surge. Investors eye the data center business, pivotal to Nvidia's growth.
OpenAI, known for ChatGPT, is negotiating a deal valuing it between $80 billion to $90 billion, significantly up from its previous $30 billion valuation, reflecting the surging investor interest in the AI sector.
US stock markets experienced a wobble following a hotter-than-expected inflation report, with the S&P 500 and Dow Jones showing modest shifts and the Nasdaq slightly declining. Rising inflation rates and Federal Reserve policy adjustments foster a cautious atmosphere among investors.
Nike Inc. (NYSE: NKE) is set to cut about 2% of its global workforce, translating to over 1,600 jobs. This move aligns with its broader restructuring plans aimed at focusing on key markets and driving business efficiency.
Coinbase Global (COIN) celebrated its first quarterly profit in two years, buoyed by the Bitcoin ETF craze. Earnings skyrocketed to $273 million in Q4, as trading volumes surged. The SEC's nod to Bitcoin ETFs, with Coinbase as a key custodian, marked a crucial role in this financial turnaround.
January's weaker-than-expected retail sales prompted revisions in Q1 economic growth projections, with major forecasts like Atlanta Fed's and Goldman Sachs' lowered. This may help alleviate inflation concerns, offering a nuanced economic outlook
US stock markets witnessed a buoyant session, with the Dow Jones Industrial Average (DJIA) climbing 0.91% and the S&P 500 gaining 0.58%. This surge, juxtaposing a backdrop of declining retail sales, prompts discussions on the economy's trajectory and investor sentiment.
Shares of TSMC hit record highs as Morgan Stanley lifts Nvidia’s price target, highlighting the semiconductor industry's pivotal role in AI advancements.
