Stocks News

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 a strategic ...

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 was tight, and ...

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 GE Healthcare ...

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. The hint of collaboration ...

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 broader challenges facing ...

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 ...

Adidas has reported losses from the fallout from terminating its collaboration with Kanye West. The partnership ended after the rapper sparked controversy with anti-Semitic remarks on social media, halting the lucrative Yeezy trainer line and leaving the company burdened with ...

Novo Nordisk, the Danish pharmaceutical giant, surged to a new high in trading, marking an 8% increase in its shares. This ascent continues a trend seen over several months, driven by skyrocketing optimism surrounding weight-loss medications.Novo Nordisk's experimental weight-loss pill, ...

In a groundbreaking move, the European Union has imposed a staggering $2 billion fine on Apple for violating competition regulations. This penalty marks the first of its kind on the US tech giant by the EU.Margrethe Vestager, the EU’s competition ...

Despite the steady increase in electric vehicle adoption, not every EV maker is performing well. In a significant downturn, electric vehicle manufacturers Rivian and Lucid saw their share values drop sharply following their fourth-quarter earnings reports, which revealed underwhelming performance ...

For investors seeking value outside of the household name large market cap stocks in the technology sector, biotech, integral to the development of groundbreakingmedical innovations, offers investors a blend of high reward potential and moderate risks. Focussing on the research, development, ...

Volvo Cars has announced a significant reduction in its stake in Polestar, the electric vehicle manufacturer. By planning to distribute 62.7% of its Polestar holdings to shareholders, Volvo aims to refocus its resources towards its own transformation in the evolving ...

Last year marked a significant milestone in the artificial intelligence sector, with Nvidia emerging as the most prominent beneficiary. The chipmaker reported a staggering increase in its profits, which soared to nearly $12.3 billion in the final three months of ...

While there are concerns that decentralized finance (DeFi) could undercut the U.S. dollar's global dominance, Federal Reserve Governor Christopher Waller foresees a potential positive impact. At a recent banking conference, Waller emphasized the evolving payments landscape, including the boom in ...

Uber Technologies Inc. delivered an impressive performance in its fourth-quarter financial results, surpassing analysts' expectations on both revenue and earnings per share. The company's revenue saw a significant increase, reaching $9.94 billion, a 15% rise from the previous year, outpacing the ...