Stocks news

Nissan and Honda have unveiled plans to merge, potentially creating the world’s third-largest carmaker with a combined valuation exceeding $50 billion. This move, which includes Mitsubishi Motors as a junior partner, highlights Japan’s urgent need to regain ground in the ...

Novo Nordisk shares plunged 19.35% on Friday after trial results for its experimental weight-loss drug CagriSema missed market expectations. The drug showed a 22.7% weight reduction in patients, below the anticipated 25%, shaking investor confidence in what was expected to be ...

When a stock goes through a “correction,” it is broadly defined as the point when a stock falls 10% or more from an all-time high. That’s what is happening to Nvidia, as the company’s share price slid further into correction ...

Sony has undergone a remarkable transformation, evolving from its roots as a consumer electronics hardware pioneer to an emerging force in entertainment. Once synonymous with iconic products like the Walkman and PlayStation, the company struggled for decades as it largely ...

Chinese electric vehicle giant BYD is poised to surpass Honda and Ford in global sales for 2024, driven by robust performance in its domestic market and growing international presence. As of November, BYD had sold approximately 3.7 million vehicles, a ...

Tesla shares soared to a record high of $424.77 on Wednesday, beating the previous peak of $409.97 set in 2021. This milestone caps a remarkable run for the electric vehicle maker, whose stock has climbed an astonishing 71% this year. Much ...

Alphabet shares jumped 6% following Google’s announcement of “Willow,” its latest quantum computing chip. It is a meaningful leap in the race for quantum supremacy. The chip, which boasts a staggering 100 qubits, outperformed its predecessor from 2019 in key ...

Bitcoin skyrocketed to the magical $100,000 mark on Wednesday, reaching a historic milestone fueled by President-elect Donald Trump’s announcement of pro-crypto appointees. Paul Atkins, a former (Securities and Exchange Commission) SEC commissioner and cryptocurrency advocate, is set to lead the SEC, ...

Intel, once the undisputed king of computer chips, is now battling to stay relevant in a rapidly shifting tech landscape. The company’s all-time stock high of August 31, 2000, feels like a distant memory, with shares now down 68% from ...

Germany’s DAX continues to defy expectations while flying high, hitting a new all-time high with a 1.57% gain on Monday, pushing it near the psychological 20,000 mark. Up an impressive 19% year-to-date, the DAX is Europe’s strongest performer, even as ...

Chinese automakers are finishing the year with impressive results, smashing their annual delivery goals ahead of schedule. BYD, the country's electric vehicle leader, delivered 504,003 passenger cars in November, pushing its year-to-date total to 3.74 million. This beats its 2023 ...

Automaker stocks took a hit Tuesday as President-elect Donald Trump announced plans to impose a 25% tariff on imports from Mexico and Canada, shaking investor confidence. This move targets a vital aspect of the auto industry, which has long relied on ...

Nvidia’s Q3 performance exceeded even the usual lofty expectations of the company, driven by unrelenting demand for its AI-focused chips. Revenue surged to $35.08 billion, up 94% from a year ago and ahead of the $33.16 billion analysts predicted. Adjusted ...

Samsung shares rallied over 7% on Monday after announcing a bold and unexpected $7.19 billion share buyback plan. This announcement comes on the heels of a 7.21% jump in Samsung’s stock on Friday, following news of a preliminary agreement with its ...

Chinese e-commerce giant Alibaba saw its net income soar 58% year-on-year in the September quarter, reaching $6.07 billion. This eye-popping growth, largely driven by gains in equity investments and reduced impairments, beat many analysts’ expectations. However, sluggish revenue growth of ...