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Netflix’s Record-Breaking Quarter Bumps Up Share Price
3 days ago
Stocks News
Netflix shares surged over 10% in after-hours trading following a blockbuster fourth quarter that exceeded market expectations. Total revenue climbed 16% year-on-year to $10.25 billion, surpassing the $10.11 billion analysts anticipated. Earnings per share more than doubled to $4.27, up ...
Apple Faces Challenges in China and AI as Stock Drops 4%
4 days ago
Stocks News
Apple shares tumbled 4% on Thursday, marking their worst day since August 5, amid growing concerns over declining iPhone sales in China. The stock has now fallen nearly 12% from its December peak, making it the poorest performer among the ...
Tesla’s Brand Value Faces Steep Decline
5 days ago
Stocks News
Tesla’s brand value (different from its share price) plummeted 26% in 2024, marking its second consecutive annual decline, according to research firm Brand Finance. The automaker’s brand is now worth $43 billion, down from $58.3 billion a year ago and ...
Boeing Struggles After a Dismal 2024
1 week ago
Stocks News
Boeing ended 2024 with some glimmers of hope, recording 142 gross orders in December, the year’s strongest sales month. This uptick was largely driven by demand for the troubled 737 Max, despite lingering reputational damage from a high-profile incident involving ...
The Case for Optimism in US Stocks for 2025
3 weeks ago
Stocks News
After two stellar years, Wall Street expects continued growth for stocks in 2025, albeit at a slower pace. The S&P 500, which gained 23% in 2024 following a 24% jump in 2023, is forecast to rise 14.8% this year. Analysts ...
AI and Crypto Power a Spectacular Year for Tech Stocks
1 month ago
Stocks News
Gold prices remained flat at $2,616.31 per ounce on Tuesday, with U.S. futures steady at $2,631.60. Trading volumes were muted in a holiday-thinned market, but attention has shifted to the Federal Reserve’s anticipated moves in 2025 and potential policy shifts ...
Nissan and Honda Announce Industry-Changing Merger
1 month ago
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 Fall as Trial Results Disappoint
1 month ago
Stocks News
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 ...
Nvidia Enters Correction Territory
1 month ago
Stocks News
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 Shakes off Hardware Tag to Become a Content Provider
1 month ago
Stocks News
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 ...
BYD to Sell More Cars Than Honda and Ford in 2024
1 month ago
Stocks News
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 Stock Surges on Post-Election Optimism
1 month ago
Stocks News
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 Surge as Google Advances Quantum Computing
1 month ago
Stocks News
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 Hits the Magical $100,000 Mark
1 month ago
Stocks News
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 Struggles to Reclaim Its Place in Tech
1 month ago
Stocks News
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 ...
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