Stocks News

Rivian Automotive, the upstart US electric vehicle maker, saw its stock dip 3% in premarket trading on Friday, despite delivering its strongest quarter yet. The automaker reported record Q4 revenue, driven by robust regulatory credit sales and an uptick in ...

Alibaba shares soared in premarket trading after the Chinese tech giant reported a robust quarterly profit fueled by strong performance in its Cloud Intelligence unit and e-commerce operations. Net income surged to $6.72 billion for the December quarter, surpassing analyst expectations ...

Arm Holdings, the British chip designer known for licensing its processor architecture to companies like Apple, Nvidia, and Qualcomm, is reportedly set to manufacture its own chips in 2025. This shift is a major pivot from its traditional business model ...

China’s leading EV battery manufacturer, Contemporary Amperex Technology (CATL), is gearing up for a major listing in Hong Kong, targeting at least $5 billion in fresh capital. After raising $6.7 billion in Shenzhen in 2022, this marks its second public ...

Amazon delivered better-than-expected fourth-quarter earnings, but its weaker guidance sent investors scrambling. The stock slid over 4% in extended trading, even after a 9% year-to-date gain and a massive 44% rally in 2024. The e-commerce and cloud giant is facing ...

Auto stocks took a beating on Monday after U.S. President Donald Trump pushed ahead with sweeping tariffs on imports from Canada, Mexico, and China, reigniting fears of a trade war. General Motors plunged 8% in U.S. pre-market trading, while Ford ...

Shell’s 2024 earnings landed below market expectations, reflecting weaker trading margins, exploration write-offs, and softer crude prices in the last quarter. The British oil giant posted an adjusted full-year profit of $23.72 billion, down from $28.25 billion in 2023. Analysts had ...

US stocks took a hit Monday as a surprising development from Chinese AI startup DeepSeek rattled the tech sector. Nvidia, the dominant supplier of AI chips, led the losses, shedding a staggering 17% in value. This amounted to $588.8 billion ...

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 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 (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 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 ...

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 ...

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 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 ...