Stocks News

Samsung Electronics is on the verge of a major financial turnaround, forecasting an operating profit of approximately $4.9 billion for the first quarter, marking a huge contrast to the previous year's challenging performance. This projection not only shows an impressive 900% ...

Tesla experienced its first annual decline in sales since the onset of the pandemic, with competition from both Chinese and Western electric vehicle manufacturers impacting its market share. For the first quarter of this year, the company reported a production of ...

Xiaomi, the Chinese smartphone manufacturer, saw its shares soar by up to 16% to HK$17.34, reaching a peak not seen since January 2022, following the announcement of its entry into the electric vehicle market with the SU7 model. The SU7 is ...

In a turbulent period for Tesla, the electric vehicle giant saw a 29% drop in its stock value during the first quarter. It was the worst quarter since 2022 and the third worst quarter since the company went public in ...

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, ...