S&P 500 Extends Strong Start to the Year, Tech Stocks Climb
The S&P 500 rose modestly on Wednesday, continuing a strong start to the week that pushed the benchmark into the green for the year. The broad market index inched up 0.10% to
Netflix Sees Massive Growth in Ad-Supported Streaming Tier
Netflix announced on Wednesday that its cheaper, ad-supported tier now boasts 94 million monthly active users. This marks an increase of more than 20 million users since the company’s last public count
Nvidia Shares Surge After Securing Major AI Deal in Saudi
Nvidia Secures $3 Trillion Market Valuation Amid Saudi Deal Nvidia (NVDA) shares surged on Tuesday after the chipmaker announced a major deal to sell hundreds of thousands of AI processors to Saudi
New York Sues Capital One Over Savings Account Practices
Capital One Faces Lawsuit for Deceptive Practices in Savings Accounts Capital One (COF.N) was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of defrauding customers by
Ford Recalls 274,000 SUVs Over Brake Line Issue
Ford Recalls 274,000 SUVs for Brake Function Issue Ford is recalling nearly 274,000 of its Expedition and Lincoln-branded Navigator SUVs across the U.S. due to a critical issue that may result in
Stocks Surge on Inflation Data and US-China Trade Truce
Market Rebound Following Positive Data and Trade Deal Stocks soared on Tuesday as investors cheered softer-than-expected inflation data and a 90-day pause on U.S.-China tariffs. The S&P 500 and Nasdaq posted significant
Hertz Stock Drops After Q1 Loss and $250 Million Offering
Hertz’s Disappointing Q1 Results Lead to Significant Stock Drop Shares of Hertz Global plunged by nearly 17% on Tuesday morning following a disappointing first-quarter earnings report and the announcement of a $250
Microsoft Announces Layoffs Affecting 6,000 Employees
Microsoft to Lay Off 3% of Workforce Microsoft announced on Tuesday that it will reduce its workforce by 3%, affecting approximately 6,000 employees across various teams, levels, and regions. This is part
GM’s Groundbreaking LMR Battery to Revolutionize EVs
GM to Launch New LMR Battery for Electric Trucks General Motors (GM) has announced its plan to introduce a groundbreaking lithium manganese-rich (LMR) prismatic battery for its electric trucks and SUVs. Targeted
Trump’s Talks with Tim Cook Boost Apple Amid Tariff Pause
Apple Responds Positively to U.S.-China Tariff Pause On Monday, President Donald Trump revealed that he had spoken with Apple CEO Tim Cook following the announcement that the U.S. and China had agreed