Rivian Stock Surges on Strong 2026 Outlook
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
Anthropic Raises $30B at $380B Valuation
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
McDonald’s Beats as Value Push Pays Off
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
Abercrombie & Fitch Stock Plunges on Tariff Warnings
Add Abercrombie & Fitch (ANF) to the growing list of American retailers facing investor backlash over concerns about the looming impact of Trump tariffs. Market Reaction Abercrombie & Fitch stock tumbled more
Mixue Shares Soar 47% in Hong Kong Market Debut
China’s largest bubble tea and drinks chain, Mixue Group, made a spectacular debut on the Hong Kong Stock Exchange on Monday, with shares surging over 47% in their first trading session. This
General Motors Boosts Dividend and Announces $6B Buyback
General Motors (GM) announced on Wednesday that it will increase its quarterly dividend by 25% and initiate a new $6-billion share buyback program, signaling confidence in the company’s future despite economic uncertainties
JPMorgan Pushes for More Hustle Amid Office Return Tensions
JPMorgan Chase (JPM.N) is facing internal tensions as executives push for increased productivity and a stronger in-office culture, despite employee resistance to the bank’s five-day return-to-office policy. Just days after CEO Jamie
Krispy Kreme Stock Drops as Revenue Misses Forecast
Krispy Kreme (DNUT) faced a challenging fourth quarter, reporting a 10% decline in revenue compared to the previous year, falling short of Wall Street’s expectations. The disappointing results led to a more
Home Depot Surpasses Expectations Amid Housing Slump
Home Depot exceeded Wall Street’s sales expectations for the fourth quarter, demonstrating resilience amid elevated interest rates and sluggish demand for large home improvement projects. Despite the challenging economic landscape, Home Depot
Berkshire Hathaway Earnings Surge Amid Record Cash Pile
Berkshire Hathaway shares surged nearly 4% on Monday after Warren Buffett’s conglomerate reported a 71% increase in operating earnings for the fourth quarter. The company’s operating profit, which includes earnings from wholly
Berkshire Hathaway Sells S&P 500 ETFs Amid Market Concerns
On Saturday, Berkshire Hathaway (NYSE:BRK.B) disclosed its 13F statement for Q4 2024, revealing a notable sell-off of S&P 500 ETFs. This move surprised investors, as Warren Buffett had previously praised S&P 500
Alibaba’s Revenue Soars Amid AI Investment Boom
Chinese e-commerce giant Alibaba Group Holding posted its fastest revenue growth in over a year, surpassing analyst expectations as it capitalizes on China’s artificial intelligence boom. Strong Financial Performance For the quarter
Walmart’s Profit Growth Slows Despite Rising Sales
Walmart shares fell 6% in early trading Thursday as the retailer forecasted slower profit growth for the fiscal year despite continued sales momentum. Holiday-quarter revenue increased by 4%, and U.S. e-commerce sales