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
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
Wall Street Rallies as Earnings Season Hits Full Stride
Wall Street closed higher on Friday, marking a strong finish to the week, with investors digesting earnings reports and looking for signs of easing tensions in the U.S.-China trade dispute. The S&P
Southwest Airlines Announces First-Ever Mass Layoffs
Southwest Airlines said Monday it will cut 15% of its corporate workforce, or 1,750 people — marking the first mass layoffs in the company’s history. Details of the Workforce Reduction The layoffs,
Super Micro Reports Strong Q2 Growth Amid AI Boom
Super Micro’s Revenue Surges on AI Demand Super Micro Computer Inc. (SMCI) posted impressive preliminary second-quarter fiscal 2025 results, with net sales reaching between $5.6 billion and $5.7 billion, a 54% year-over-year
PepsiCo Faces Sales Decline Amid Consumer Spending Shift
PepsiCo’s latest earnings report reveals a tough market environment as the snack and beverage giant struggles with weakening demand in the U.S., its largest market. The company missed quarterly revenue expectations and
Starbucks CEO Promises Growth But Stays Cautious on Timeline
Starbucks (SBUX) CEO Brian Niccol is committed to brewing a turnaround, but he’s not yet ready to give a definitive timeline. That hasn’t stopped Wall Street from showing confidence, as shares of
Carvana Stock Drops Amid Short-Seller Claims, but JPMorgan Stays Bullish
Carvana (CVNA) shares continued to decline on Friday following a short-selling report from Hindenburg Research, which raised concerns about the used-car retailer’s financial practices. Despite the negative attention, JPMorgan analysts maintained their