Nvidia has exceeded Wall Street's expectations for its second-quarter financial performance, reporting earnings that topped both revenue and earnings per share (EPS) estimates. For the quarter, Nvidia posted EPS of $0.68 on revenue of $30 billion, surpassing analysts'...
Tech Troubles Drag Markets Down: Nasdaq Dips 2.5% Amid Broader Slide
Midday on Friday, major U.S. stock markets showed a significant decline, reflecting broader concerns about the tech sector and economic uncertainty. As trading progressed, the Nasdaq Composite sank approximately 2.5%, the S&P 500 dropped around 1.7%, and the Dow...
Polestar Rides High: 57% Surge Defies Broader Market Slump
On Friday, Polestar Automotive captured headlines with a remarkable 57% surge in its stock price, an outlier in a market where most stocks, including major indices, were experiencing declines. This sharp uptick has sparked interest and speculation, particularly in the...
Trump’s Efficiency Vision: Musk to Lead New Commission Amidst Controversy
On Thursday, at the Economic Club of New York, former President Donald Trump unveiled a bold new initiative: a government efficiency commission designed to streamline federal operations and cut unnecessary spending. The commission would be led by none other than Elon...