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
Super Micro Computer Faces Steep Decline – Red Flags and Investor Concerns
Super Micro Computer (NASDAQ: SMCI) has become one of the most tumultuous stock stories of 2024. After starting the year with strong gains propelled by surging product demand and the AI boom,
Disney’s Q4 Earnings Boosted by Streaming and Box Office Hits
Disney has wrapped up its fiscal fourth quarter with results that underscore its adaptability amid industry upheavals. The entertainment giant surpassed Wall Street’s expectations, buoyed by its growing streaming division, a summer
Warren Buffett Pauses Stock Buybacks, Signals Caution Amid Market Conditions
Warren Buffett, CEO of Berkshire Hathaway, made waves in the investing community by ending the company’s six-year streak of stock buybacks. According to filings with the Securities and Exchange Commission, Berkshire chose
Rivian Shares Surge 15% After Volkswagen’s $5.8 Billion Investment
Rivian Automotive’s shares saw a significant boost of over 15% on Wednesday following the announcement of a $5.8 billion investment from German automaker Volkswagen. This strategic move forms part of a new
Trump’s Return: Business Sectors Brace for New Policies
Donald Trump’s return to the White House after winning the 2024 presidential election promises to reshape U.S. business policies, influenced by key appointments and legislative shifts. Significant outcomes depend on cabinet choices,
Exxon Beats Q3 Profit Estimates, Boosted by Pioneer Output
Exxon Mobil (NYSE: XOM) delivered stronger-than-expected earnings for the third quarter, thanks to a surge in oil production fueled by its acquisition of Pioneer Natural Resources. This quarter marked the first full
Microsoft Beats Expectations with Strong Q1 Cloud Performance but Faces Competitive AI Landscape
Microsoft (MSFT) exceeded analysts’ expectations in its fiscal first-quarter earnings, driven largely by continued strength in its cloud business and AI-focused growth initiatives. The tech giant posted earnings per share of $3.30
Alphabet Shares Surge as Google’s Cloud and AI Strategy Boost Earnings
Alphabet’s stock soared 6% in early trading Wednesday after the tech giant reported third-quarter earnings that exceeded Wall Street’s expectations. Alphabet, Google’s parent company, posted strong growth in its cloud and advertising
Gold Shines in 2024 – Here’s What Investors Need to Know
Gold is having a stellar year in 2024, hitting a record high of $2,748.23 per ounce and surging over 30% as economic uncertainty and geopolitical tensions continue to grip markets. Central banks
Norway’s Wealth Fund Sees Record Gains Amid Global Economic Shifts
In a quarter marked by economic uncertainty and volatile markets, Norway’s sovereign wealth fund, the largest in the world, posted significant profits thanks to favorable monetary policy changes. With interest rates falling