Stocks News

Netflix experienced significant growth in the fourth quarter, surpassing expectations with over 13 million new subscribers, largely driven by international markets. The company's total subscriber count soared to 260.3 million, resulting in a 7% surge in stock prices post-announcement. Key strategies ...

In a tumultuous start to the year, shares of airline companies have felt the impact of several concurrent factors. The NYSE Arca Airline Index has plummeted 15%, significantly lagging behind the S&P 500's modest 0.6% decline.Boeing's woes have sent a ...

Boeing's stock experienced a significant drop following a report that cast doubts on the company's ability to clear a new federal safety audit. The concerns come in the wake of a recent incident involving an Alaska Airlines 737 Max 9, ...

Microsoft has reclaimed its position as the most valuable publicly traded company in the world, surpassing Apple, a title it had not held for most of the past decade. At the close of the market on Friday, Microsoft's stock price stood ...

Huawei, which endured years of decline due to geopolitical strife and US sanctions, saw its revenue soar in 2023, nearly reaching $100 billion. This marks a 9% increase from the $92.4 billion recorded in 2022 but still falls short of ...

The Chinese automaker BYD has surpassed Tesla as the world's largest electric car manufacturer by sales. In the final quarter of 2023, BYD delivered a record 525,409 battery electric vehicles (BEVs), while Tesla delivered 484,507. Despite Tesla still leading in overall ...

Surging by the biggest margin since 2009, Spain's top 35 companies saw an impressive aggregate growth of 22% in 2023. Reclaiming pre-pandemic levels, the Madrid IBEX 35 stock index reflected this strong performance.The main reasons behind the rally include the ...

Nike on Thursday unveiled plans to cut costs by about $2 billion over the next three years as it lowered its sales outlook.The stock fell about 10% after hours. Nike shares were up 4.7% so far this year through Thursday’s ...

On Thursday, Intel revealed its latest advancements in computer chips, featuring the Gaudi3, a new artificial intelligence chip tailored for generative AI applications. Slated for release next year, Gaudi3 aims to rival similar offerings from Nvidia and AMD, which currently ...

Pfizer released a disappointing 2024 forecast on Wednesday, broadsiding shares as the pharmaceutical giant navigates a deep plunge in sales related to the Covid-19 pandemic.The company, which reported more than $100 billion in revenue in 2022 due to the boost ...

Shares of Google finished up 5% higher on Thursday, after the technology giant announced its latest artificial intelligence model. Gemini, as the model is called, is being billed as a direct competitor to products from OpenAI, Microsoft, and Meta.Parent company ...

This week, Apple remarkably became the world’s first corporation to finish a trading day with a market cap above $3 trillion. Its shares are up almost 50% this year.Apple’s value officially passed the $3 trillion mark for the first time ...

Nvidia reported fiscal third-quarter results that surpassed Wall Street’s predictions. The chipmaker’s revenue grew 206% year over year during the quarter ending October 29.Revenue came in at $18.12 billion vs. an expected $16.18 billion. Earnings also performed well, coming in ...

Siemens Energy posted an annual loss of $4.9 billion in its earnings report released this week. The company’s wind turbine unit, Siemens Gamesa, is primarily responsible for the poor results.The German government is committed to ensuring that the country’s energy ...