Latest News
Will GM Navigate A Path for Cruise Comeback?
After a disquieting road incident in San Francisco, General Motors' self-driving subsidiary Cruise is steering its way through a challenging phase of rebuilding trust and re-establishing operations. The company, which had onc
AST SpaceMobile Shares (NASDAQ:ASTS) Soar To 52 Wk Highs on Verizon Deal
Investors of AST SpaceMobile (NASDAQ:ASTS) witnessed a substantial gain as the company's stock price gained 69.2% in trading yesterday following the announcement of a new partnership with telecommunications giant Verizon (NY
Diageo Shares (DGE.L) Hit New 52-Week Low, But Why The Drop In Sentiment?
Diageo plc (LON:DGE), a global leader in alcoholic beverages, experienced a notable downturn in its stock performance, as the price plunged to a 52-week low of GBX 2,563 during Thursday's trading session before rallying to cl
Costco’s Earnings Expectations & An Early Price Target Upgrade On COST Shares
As a very busy month of earnings draws close to an end, and the S&P 500 continues to advance, outstripping earnings expectations for the current year, markets are keenly watching
Palantir Stock (NYSE:PLTR) Up Early As $480M Defense AI Prototype Deal Added
Palantir share price (NYSE:PLTR) trades up early in the premarket, adding 2.67% as news of a new deal with the DoD fi
Google Investing in Malaysia with $2B Cloud Hub Data Centre
In a strategic move that marks a significant expansion of its global infrastructure, Google has announced a $2 billion investment to build its first ever data centre and a dedicated Google Cloud hub in Malaysia. This move by
CRM Stock Price Down Big As Salesforce Hit by Slowest Growth in Decades
Salesforce share price (NYSE: CRM) has taken a huge hit in the after hours trading session, as earnings hit. Markets reacted negatively to the print, with a drop of 16.02% pulling the stock back to levels not seen since Novem
Potential Shein IPO Under Scrutiny From British Lawmakers Over ESG
Concerns have been raised by the chairs of three UK parliamentary committees regarding Shein's anticipated initial public offering (IPO) in
Marks & Spencer Appoints New CFO
Marks & Spencer Group (LON: MKS) announced the appointment of Alison Dolan as its new Chief Financial Officer (CFO) late in the day on Wednesday.
Auto Trader Revenue Rises, Anticipates Another Year of Strong Progress
On Thursday, Auto Trader Group (LON: AUTO), the leading UK car marketplace, announced a 14% increase in group revenue to £570.9 million for the fiscal year ending March 31, 2024.
Dr. Martens Revenue, Profit Tumbles on Continued Weak USA Demand
Dr. Martens (LON: DOCS) reported a significant decline in revenue and profit for the fiscal year ending March 31, 2024, primarily driven by weak consumer demand in the USA.
Chewy Stock (CHWY) Up More Than 25% As Earnings and Revenue Estimates Beat
In a strong start to its fiscal year, Chewy Inc. (CHWY) has reported an exceptional first-quarter earnings outcome, defying analysts' projections. The company posted earnings of $0.31 per share, surpassing analysts' expectati
Abercrombie & Fitch Stock (NYSE:ANF) Soars As Record Q1 Results Released
Abercrombie & Fitch stock price (NYSE:ANF) has taken out new all time highs, trading up more than 26% entering the final phase of the day. This renewed confidence comes after the firm started fiscal year 2024 with remarka
Robinhood $1 Billion Buyback Plan Helps Stock Green On A Red Day
Shares of Robinhood Markets (NASDAQ:HOOD) experienced a temporary boost in trading after the company announced its intention to implement a substantial
EV Maker Faraday Future Stock Faces Dip Amid SEC Scrutiny & Earnings Pressure
The stock price of Faraday Future (NASDAQ: FFIE), trades down almost 30% in the premarket coming off the back of disappointing earnings and withdrawn guidance. The electric vehicle manufacturer, has recently published its ann
Flutter and DraftKings Stocks Down as Illinois Proposes Higher Betting Taxes
Shares of major sports-betting companies like DraftKings (NASDAQ: DKNG) and FanDuel's parent Flutter Entertainment (NYSE:FLUT) tumbled as the Illinois Senate passed a significant new tax structure for sports-betting revenues.
American Airlines (AAL) and Marathon Oil (MRO) Move In Opposite Directions Through Premarket
Big moves in the Premarket can tell a lot about how a day is going to progress in the markets, and today there are a couple of stocks making headlines for contrasting reasons as we build into the US market open. Significant m
Nvidia Stock Hits Record High on xAI Supercomputer Deal
Shares of graphics chipmaker Nvidia (NASDAQ:NVDA) soared to an all-time high following reports that Elon Musk's artificial intelligence
Ocado Shares Surge But Stock Set to Drop Out of FTSE 100
Ocado (LON: OCDO) shares jumped more than 9% Tuesday, adding to its more than 6% gain on Friday, but after six years, the company is set to drop out of the FTSE 100.
BHP Seeks Further Extension of Deadline For Anglo American Offer
On Wednesday, BHP Group (NYSE: BHP) said it was seeking an additional extension to the deadline for its potential Anglo American (LON: AAL) takeover offer. The original deadline was set for May 29, 2024.