Shares jump over 20% after upbeat guidance Rivian shares surged more than 20% in early trading after the electric vehicle maker issued 2026 delivery guidance that met Wall Street expectations and confirmed
Second-largest private tech round ever Anthropic closed a $30 billion funding round at a $380 billion post-money valuation, more than doubling its value since September. The raise makes it the second-largest private
Quarterly results top expectations McDonald’s reported fourth-quarter earnings and revenue above Wall Street expectations, driven by strong customer response to its renewed focus on value and promotions. The company posted adjusted earnings
Automaker Hit Harder Than Rivals Amid Tariff Fallout As auto stocks reacted to the latest tariff announcement out of Washington, D.C., on Thursday, General Motors took the brunt of the hit. Shares
Surging competition and Musk’s politics weigh on EU demand Tesla’s European woes deepened in February, as vehicle registrations across the EU, UK, and EFTA dropped 40.1% year-over-year, according to new data from
Expansion Amid Tariff Threats Johnson & Johnson (JNJ.N) announced plans to increase its U.S. investments by 25% to more than $55 billion over the next four years. The move comes as the
Tariffs and Industrial Slowdown Weigh on Outlook FedEx (FDX.N) shares fell 11% on Friday after the company slashed its annual forecasts, raising concerns about the health of U.S. manufacturing. The decline follows
AI-Driven Cloud Provider Plans to Raise Up to $2.7 Billion CoreWeave, the Nvidia-backed cloud services provider specializing in AI workloads, is targeting a valuation of up to $32 billion in its highly
Individual investors, whose portfolios are more tied to the stock market than ever before, have begun to abandon their usual dip-buying strategy as the S&P 500 entered a 10% correction. Retail investors
Adobe shares dropped 13% on Thursday as investors reacted to lingering concerns over growth and the company’s artificial intelligence monetization strategy. Strong Earnings, Investor Concerns The sell-off followed better-than-expected quarterly results, with
Intel (INTC) shares climbed 3% on Wednesday following reports that Taiwan Semiconductor (TSMC) and a group of chipmakers, including Nvidia (NVDA) and AMD (AMD), are in discussions to take over Intel’s struggling
Puma SE shares dropped by as much as 25% on Wednesday, marking the largest decline on record, after the sneaker maker posted weaker-than-expected results and projected another sluggish year ahead. The stock
Oracle (ORCL) shares fell by approximately 5% on Tuesday morning after the company’s fiscal third-quarter results came in below revenue and earnings-per-share forecasts. Mixed Earnings Report While Oracle’s Q3 revenue and EPS