On January 19, 2025, the U.S. Supreme Court upheld a law banning TikTok unless it is sold to an owner not controlled by a foreign adversary. This ruling has sparked fresh uncertainty surrounding the popular social-media app, which is used by approximately 170 million...
Southwest Airlines (LUV) is facing a turbulent period, with its stock experiencing significant declines amid a series of unfolding scandals and legal challenges that are shaking investor confidence in the budget airline. One of the most recent and alarming incidents...
Last week, tech stocks, including quantum computing companies, took a hit following comments by NVIDIA CEO Jensen Huang. He suggested that the timeline for AI and quantum computing breakthroughs might take longer than expected, leading to a significant drop in stock...
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...
In a move that has raised eyebrows across the tech world, Meta CEO Mark Zuckerberg announced on Tuesday that the company will eliminate its third-party fact-checking program and transition to a "Community Notes" model, similar to the one used on Elon Musk's platform,...
Aurora Innovation (AUR), a leader in autonomous trucking, experienced a dramatic surge in its stock price, rising over 30% by 11 am EST after announcing a strategic partnership with Nvidia (NVDA) to scale the deployment of self-driving trucks. The deal, unveiled at...
Rigetti Computing (RGTI), an integrated systems company focused on quantum computing, saw its stock surge by 30% in premarket trading, signaling investor enthusiasm about the growing potential of quantum technologies. The sharp rise in Rigetti's share price comes amid...
Broadcom (NASDAQ: AVGO) has reached a major milestone, surpassing a $1 trillion market capitalization, following a 21% jump in its stock price. This surge came after the company reported extraordinary Q4 earnings, with a 220% year-over-year increase in AI revenue,...
Alaska Airlines (ALK) saw its stock surge by 14% before noon on Tuesday, following the unveiling of a bold new plan aimed at generating an additional $1 billion in profits over the next three years. The plan, dubbed "Alaska Accelerate," is part of the airline's...
Nvidia (NVDA) saw its stock dip more than 3% before noon on Monday following the news that China had launched an antitrust investigation into the company. The probe is focused on potential anti-monopoly violations by the semiconductor giant, particularly its business...
Recent data from the University of Michigan’s consumer sentiment survey paints a grim picture of Americans' economic outlook. Released on Friday, the survey revealed a sharp decline in consumer sentiment, with the index dropping to 57.9, the lowest level since...
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...
On Wednesday, major U.S. markets found themselves teetering on the line between gains and losses as investors digested the latest economic signals from the Federal Reserve. The uncertainty stemmed largely from a significant shift in the market’s expectations...