by Jessica Gwathney | Jan 8, 2025 | AI, Investing News, Market News, Stock Market, Technology
Quantum computing stocks took a sharp dive Wednesday, with Rigetti Computing (RGTI) down 47% in mid-day trading following a bullish run last week. The sell-off was sparked by comments from Nvidia (NVDA) CEO Jensen Huang, who cast doubt on the immediate potential of...
by Jessica Gwathney | Dec 3, 2024 | Economics, International Buzz, Politics
South Korea’s won tumbled to its weakest level in over two years, hitting 1,427.10 against the U.S. dollar, after President Yoon Suk Yeol’s shocking announcement of martial law on Tuesday. The sudden drop in the currency comes amid growing uncertainty over...
by Jessica Gwathney | Nov 20, 2024 | AI, Investing News, Market News, Products, Stock Market, Technology
Nvidia reported stronger-than-expected earnings after the market closed on Wednesday, continuing to benefit from the ongoing artificial intelligence (AI) boom. The company posted impressive results for the quarter ending on October 27, with revenue of $35.08 billion,...
by Jessica Gwathney | Oct 10, 2024 | Market News, Stock Market, Travel
Delta Air Lines (DAL) experienced a significant decline in its share price following the release of its third-quarter earnings report, which failed to meet analysts’ expectations. The airline posted adjusted earnings per share (EPS) of $1.50 on revenue of $15.68...
by Jessica Gwathney | Sep 9, 2024 | Biotechnology, Healthcare, Investing News, Market News, Medical Use, Pharmaceutical
Summit Therapeutics Inc. (NASDAQ: SMMT) is experiencing a significant surge in its stock price, up 63% midday Monday, following the release of groundbreaking data from a key clinical trial. The stock, which closed at $12.27 on Friday, opened at $16 and has been...