Delivery Hero Jumps On Uber Bid Report
Shares Rise After Takeover Offer Shares in Delivery Hero rose more than 10% on Monday morning after a Financial Times report said U.S. rival Uber had considered improving its takeover bid for
IBM Rallies On Quantum Funding Boost
Government Award Sparks Quantum Rally IBM shares rallied for a second straight day after the company received a 1 billion dollar award from the U.S. government to support its quantum computing business.
Walmart Outlook Raises Consumer Concerns
A Cautious Forecast Hits Shares Walmart shares fell about 8% on Thursday after the retailer issued a weaker-than-expected financial outlook, raising fresh questions about the health of U.S. consumers as high gas
Oracle Stock Surges 13% After Strong Q4 Results
Record High Stock Price Following Strong Earnings Oracle’s stock (ORCL) surged more than 13% on Thursday, hitting a record closing price of $199.87. The stock even reached an all-time high of $202.44
Microsoft Hits Record High, Reclaims Top Spot in Market Cap
On a down day for the market, Microsoft reached a record high for the first time in 11 months. Shares of the software giant rose 0.8% to close at $467.68, marking a
PDD Holdings Faces 47% Profit Drop Amid Tariff Pressures
Chinese e-commerce giant PDD Holdings (PDD.O) reported a sharp 47% drop in first-quarter net profit, falling to 14.74 billion yuan ($2.05 billion) as it struggled with intense local competition and global trade
Palantir Wins $1.3B Pentagon Deal for AI-Powered Defense
Palantir Technologies (PLTR) has secured a significant boost in its defense operations, with the Pentagon raising the contract ceiling for its Maven Smart System to $1.3 billion through 2029. This increase from
Home Depot Maintains Sales Forecast, No Price Hikes for Now
Home Depot confirmed its full-year sales forecast on Tuesday, with Chief Financial Officer Richard McPhail telling CNBC that the retailer does not plan to raise prices due to tariffs. Despite facing challenges
Alibaba Shares Rise 18% on Strong Sales and Dividend News
Alibaba Group Holding saw its share price rise by 18% last month, buoyed by a 7% increase in quarterly sales and a meaningful surge in net income. The company also announced a
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
US-China Tariff Pause Boosts Tech and Chip Stocks
Global technology and chip stocks surged on Monday after the U.S. and China agreed to pause most tariffs on each other’s goods. The trade tensions between the world’s two largest economies had
Netflix Hits Record Streak with 11 Consecutive Days of Gains
Netflix’s Stock Soars to New Heights Netflix is on an impressive winning streak, with its stock trading positively for 11 straight days — the longest positive run in the company’s history. The