What Happened: The space company reported third-quarter revenue of $104.81 million, exceeding analyst expectations and marking a 55% year-over-year increase. Beck emphasized the company’s growing $1.05 billion backlog for their…
After witnessing heightened volatility in the run-up to the high-voltage 2024 presidential elections, and the Federal Open Market Committee's (FOMC) rate decision, Fed chair Jerome Powell remained cautious in his…
Taiwan Semiconductor Mfg. Co. Ltd. TSM is unable to manufacture 2-nanometer chips overseas due to Taiwan’s technology protection regulations, as stated by the Minister of Economic Affairs, JW Kuo. Kuo…
The National Highway Traffic Safety Administration (NHTSA) flagged concerns about Tesla Inc‘s TSLA projection of its Full Self Driving (FSD) driver assistance software on social media platform X in a…
The U.S. has reportedly asked Nvidia, Apple’s key supplier Taiwan Semiconductor Manufacturing Co TSM to halt shipments of chips used in AI applications to customers from China. What Happened: The…
In response to President-elect Donald Trump’s threats to isolate Chinese goods from the U.S. market, China is reportedly seeking to engage U.S. allies in Europe and Asia to mitigate the…
Warren Buffett, the legendary investor, has made a significant move by reducing his stake in Apple Inc. AAPL and other stocks, generating a whopping $97 billion in gains for his…
President-elect Donald Trump wants to expand the federal death penalty during his second term, including making more individuals eligible for execution. Trump would target those convicted of crimes such as…
Small-cap stocks could see a significant boost under President-elect Donald Trump’s presidency, potentially doubling their value over the next two years, according to Tom Lee, head of research at Fundstrat. What…
On Friday, the market cap of Tesla Inc. TSLA soared past the $1 trillion mark, a surge attributed to CEO Elon Musk’s bet on President-elect Donald Trump. What Happened: Following Trump’s victory…
U.S. stocks traded mostly higher this morning, with the Nasdaq Composite gaining around 1% on Thursday. Following the market opening Thursday, the Dow traded up 0.06% to 43,757.89 while the…
What Happened: “The best Trump trade now is buying the dip in gold and gold mining stocks,” Schiff posted on X. “Cutting taxes is easy. We know from experience that…
Sunoco LP SUN shares are trading lower after it reported third-quarter revenues of $5.75 billion, which missed the consensus of $6.508 billion. Adjusted distributable cash flow of $349 million was higher than $181 million a year ago.…
Archer-Daniels-Midland Company ADM shares are trading lower on Tuesday. Yesterday, the company reported third-quarter preliminary adjusted earnings per share of $1.09, compared with street view of $1.25. The company will…
Jim Cramer, the host of CNBC’s “Mad Money,” recently expressed his enthusiasm for space exploration and Tesla Inc. TSLA on his show. He also shared his thoughts on Ford Motor…
Shares of Tesla Inc. rival Nio Inc. NIO surged nearly 2% in premarket trading on Monday amid reports of the Chinese automaker working on a hybrid electric car under the…
In the lead-up to the upcoming presidential election, the political landscape is becoming increasingly charged, particularly concerning gender issues. Recent statements by Donald Trump have intensified discussions around female representation…
On Saturday, Berkshire Hathaway BRK BRK registered a decline in third-quarter operating earnings, driven by weakness in the insurance underwriting segment. The Omaha-based company’s quarterly operating earnings of $10.09 billion slumped…
Nvidia Corp. NVDA is poised to replace Intel Corp. INTC on the Dow Jones Industrial Average index. What Happened: On Friday, S&P Dow Jones Indices announced that Nvidia, along with paint-maker Sherwin-Williams Co. SHW, will…
Estée Lauder Companies, Inc. EL shares are trading lower on Thursday. The company reported first-quarter adjusted earnings per share of 14 cents, beating the street view of 9 cents. Quarterly…
Lisa Su, CEO of Advanced Micro Devices Inc. AMD, provided an optimistic outlook for the company's position in the burgeoning artificial intelligence market. What Happened: Su emphasized the potential for…
Meta Platforms Inc META CEO Mark Zuckerberg revealed during the company’s third quarter 2024 earnings call that Meta is developing its next-generation AI model, Llama 4, using what he described…
On Tuesday, Novartis AG NVS reported third-quarter sales of $12.823 billion, up 9% (+10% on constant currency), beating the consensus of $12.76 billion. Guidance: Novartis also raised its 2024 full-year…
XPO, Inc. XPO shares are trading higher after it reported third-quarter results. Revenue growth of 3.7% year-over-year to $2.05 billion, beating the consensus of $2.020 billion. The revenue growth was aided by higher yield in the North American…
YouTube, the video platform Google acquired for $1.65 billion in 2006, has generated $50 billion in combined advertising and subscription revenue over the past four quarters, marking a milestone in…
