Stocks news

Alphabet Inc.'s shares surged 14% after publishing an impressive first-quarter earnings report that exceeded Wall Street expectations. The tech giant announced a robust revenue increase of 15% year over year, reaching $80.54 billion, compared to the...

Meta, the parent company of Facebook, Instagram, and WhatsApp, saw a major drop in its stock value, plummeting by approximately 13% in premarket trading. This sharp decrease posed a threat to reduce its market value by nearly $163 billion. Despi...

TikTok, owned by the Chinese company ByteDance, is currently facing a critical moment in its existence. The U.S. government is mandating its sale to avoid a nationwide ban. With 170 million users in the U.S. alone, the outcome of this situation could...

Huawei, the Chinese technology giant, has launched its new Pura 70 series of smartphones, a major step in its bid to reclaim market dominance in China and ramp up competition with Apple. This move follows Huawei's strategic release of the Mate 6...

The Bitcoin community is poised for the 2024 halving, a technical event that drastically reduces the cryptocurrency's supply by halving the mining rewards every four years, significantly impacting its market value. Unlike prior halvings, which w...

Samsung Electronics is on the verge of a major financial turnaround, forecasting an operating profit of approximately $4.9 billion for the first quarter, marking a huge contrast to the previous year's challenging performance. This projection not...

Tesla experienced its first annual decline in sales since the onset of the pandemic, with competition from both Chinese and Western electric vehicle manufacturers impacting its market share. For the first quarter of this year, the company report...

Xiaomi, the Chinese smartphone manufacturer, saw its shares soar by up to 16% to HK$17.34, reaching a peak not seen since January 2022, following the announcement of its entry into the electric vehicle market with the SU7 model. The SU7 is compe...

In a turbulent period for Tesla, the electric vehicle giant saw a 29% drop in its stock value during the first quarter. It was the worst quarter since 2022 and the third worst quarter since the company went public in 2010. This performance made it th...

Amazon has announced a significant investment worth $2.75 billion in Anthropic, a San Francisco-based AI startup known for its competitive edge in generative AI. This brings Amazon's total promised investment to $4 billion. This investment is part of...

Despite the world’s inexorable march into an electrified automotive future, not all EV startups survive. Shares of Fisker, a California-based electric vehicle startup, were halted Monday. The company had warned in its March earnings call that cash wa...

Nvidia is making a big push into generative AI for surgery and medical imaging. The company recently announced the launch of roughly two dozen new AI-powered, healthcare-focused tools. It also reported significant deals with Johnson & Johnson and...

In what could be a landmark partnership reshaping the tech landscape, Google and Apple are considering incorporating Gemini's cutting-edge AI into the iPhone, stirring the stock market and signaling a new chapter in AI's consumer technology role.&nbs...

In an alarming moment for Germany's property market, Vonovia, a leading real estate firm, experienced a significant share price drop of 7% following the announcement of its largest ever annual loss. The company's financial struggles highlight the bro...

Tesla stock used to be a sure bet, but the automaker now finds itself in a precarious position as its stock falls. Since its peak in 2021 at $407, Tesla's shares have slid by approximately 60%. This decline makes it the worst-performing stock in the...