Shares of Wolfspeed (WOLF), a prominent player in the semiconductor industry, saw a drastic decline of about 48% on Friday, marking their lowest level since 1998. This sudden slump came on the heels of the announcement that the company had appointed a new CEO, Robert...
StoneCo (STNE), the Brazilian fintech powerhouse, saw its stock soar by almost 15% in early Wednesday trading, following the release of its strong financial results for the fourth quarter of 2024. The company exceeded market expectations across several key metrics,...
Tesla's stock (TSLA) has taken a significant hit, sitting at about $226 today, down more than 52% from its peak of $479 in December 2024. This sharp decline marks a challenging period for the electric vehicle giant and its CEO, Elon Musk, whose personal wealth is...
Tencent Music Entertainment Group ("TME") (NYSE: TME; HKEX: 1698), the leading online music and audio entertainment platform in China, has reported strong financial results for the fourth quarter and full year ended December 31, 2024. The company posted total revenues...
Nikola Corporation (NKLA), the company once hailed as a pioneer in hydrogen fuel and battery-powered trucks, experienced a sharp decline in its stock price on Wednesday following a bankruptcy filing in the United States. This comes on the heels of its founder, Trevor...
Coca-Cola (KO) saw a significant uptick in stock value recently following positive remarks from the company’s CFO, John Murphy. Speaking during the company’s fourth-quarter earnings call, Murphy addressed concerns about rising aluminum prices, stating that while the...
Uber Technologies saw a significant jump in its stock price on Friday, following the announcement that billionaire hedge fund manager Bill Ackman had taken a notable position in the company. Ackman, the founder and CEO of New York-based Pershing Square Capital...
On Wednesday morning, Alphabet Inc. (GOOG) experienced an 8% drop in its stock price following the release of its fourth-quarter earnings report. Despite beating earnings per share (EPS) expectations and coming in roughly even on revenue, there were concerns over the...
Palantir Technologies saw its stock price jump by 23% on Tuesday, marking a significant surge in the company's value. This impressive rally came after Palantir reported strong financial results and an outlook that far exceeded analysts' expectations. Central to the...
In a surprising turn of events, President Donald Trump has decided to pause the new 25% tariffs set to begin Tuesday on goods entering the United States from Mexico. The decision comes after Mexican President Claudia Sheinbaum agreed to deploy 10,000 soldiers to the...
old stocks climbed sharply Friday morning, driven by a surge in gold prices as investors sought refuge from mounting economic uncertainty. B2Gold Corp. (NYSE: BTG) and Barrick Gold Corporation (NYSE: GOLD) both saw shares rise approximately 6% in early trading. The...
Intel Corporation (NASDAQ: INTC) saw its stock plummet by 7.5% on Tuesday, marking a challenging day for the semiconductor giant. The drop comes as the company attempts to stage a comeback under its newly appointed CEO, Lip-Bu Tan. While the stock's decline signals...
US stocks took a massive hit on Thursday, with the Dow Jones Industrial Average tumbling more than 1,200 points, reflecting widespread panic among investors after President Donald Trump's announcement of steep tariffs. The move, which he dubbed "Liberation Day," sent...