by Lucas Shum | Nov 5, 2024 | Domestic, Economics, Events, Investing News, Market News, Politics, Stock Market
Shares of Trump Media and Technology Group (DJT), the parent company of Truth Social, surged dramatically on the morning of Election Day, rising by around 15% in early trading. This sharp uptick came as investors braced for the outcome of a highly anticipated...
by Ming Mui | Oct 29, 2024 | Biotechnology, Investing News, Market News, Medical Use, Pharmaceutical, Stock Market
TransMedics Group, Inc. (TMDX) experienced a dramatic 30% drop in its stock price during early morning trading, despite reporting impressive revenue growth. The company announced total revenue of $108.8 million for Q3 2024, representing a remarkable 64% increase...
by Disun Holloway | Oct 29, 2024 | Automotive, Investing News, Market News, Products, Retail, Stock Market
Ford Motors (F) saw its stock decline by approximately 8% in early morning trading after the company revised its 2024 earnings expectations, signaling a cautious outlook for investors. The Detroit automaker now anticipates adjusted earnings of around $10 billion for...
by Disun Holloway | Sep 4, 2024 | Domestic, Economics, International Buzz
Steel stocks took a sharp hit as the White House prepares to block the $14.9 billion takeover of U.S. Steel by Japan’s Nippon Steel. President Joe Biden is expected to announce his decision to halt the acquisition soon, according to a report by The Washington...
by Elvis Guaman | Aug 23, 2024 | Domestic, Economics, Market News, Market News, Stock Market, The Market Buzz
In a dramatic turn of events this morning, stock markets soared following Federal Reserve Chair Jerome Powell’s highly anticipated speech at the Jackson Hole Economic Symposium. Powell’s announcement of potential interest rate cuts, paired with a cautious...
