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
Charles Schwab Reports 44% Profit Surge in Fourth Quarter
What Happened Brokerage firm Charles Schwab announced a 44% rise in profit for the fourth quarter, driven by a significant increase in asset management fees. The news sent Schwab’s shares up by
JPMorgan Chase Posts Record Earnings and Revenue
JPMorgan Chase Posts Record Earnings and Revenue, Setting Banking Milestones JPMorgan Chase reinforced its position as the largest and most profitable U.S. bank by reporting record quarterly and annual earnings and revenue
Eli Lilly Stock Falls 8% on Lower-than-Expected Zepbound Sales Forecast
Eli Lilly Stock Falls 8% on Lower-than-Expected Zepbound Sales Forecast Eli Lilly’s shares dropped 8% on Tuesday after the pharmaceutical giant forecast fourth-quarter sales for its weight-loss drug Zepbound below Wall Street
Johnson & Johnson Acquires Intra-Cellular Therapies for $14.6 Billion
Johnson & Johnson Acquires Intra-Cellular Therapies for $14.6 Billion Johnson & Johnson (J&J) announced on Monday its $14.6 billion acquisition of neurological drugmaker Intra-Cellular Therapies, marking its largest deal in over two
Blue Origin Scrubs First New Glenn Rocket Launch Due to Technical Issues
Blue Origin Scrubs First New Glenn Rocket Launch Due to Technical Issues Blue Origin canceled the much-anticipated debut launch of its massive New Glenn rocket early Monday due to technical problems. The
Walgreens Reports Earnings Beat Amid Store Closures and Cost Cuts
Walgreens Reports Earnings Beat Amid Store Closures and Cost Cuts Walgreens reported fiscal first-quarter results on Friday that surpassed Wall Street expectations, as the company undertakes cost-cutting measures, including the closure of
Key Events Ahead: Markets Honor Late President Carter, Fed Insights, and Jobs Report
Markets Closed Thursday for National Day of Mourning Stock markets (^DJI, ^IXIC, ^GSPC) will be closed on Thursday in observance of the national day of mourning for the late President Jimmy Carter.
The Yield on 30-Year US Treasuries Climbs to Highest Level in Over a Year
The yield on 30-year US Treasuries surged to the highest level in more than a year on Monday, offering a preview of how financial markets might react under President-elect Donald Trump’s leadership
Tesla Reports First Annual Drop in Deliveries Amid Competition and Challenges
Tesla released its fourth-quarter and annual vehicle production and delivery figures for 2024 on Thursday, revealing the company’s first year-over-year decline in deliveries. While Tesla remains a dominant force in the electric
Rising Treasury Yields Challenge U.S. Stock Rally Amid Fed’s Hawkish Shift
The U.S. stock market rally hit a major roadblock on Wednesday as the Federal Reserve signaled fewer rate cuts for 2025 than previously expected, raising Treasury yields and stoking concerns about elevated