Tag: finance

Biden Reach Tentative US Debt Ceiling Deal

President Joe Biden and Republican congressional leader Kevin McCarthy reached a tentative agreement to suspend the federal government's $31.4 trillion debt ceiling, resolving a...
Finance

Nvidia Stock Soars on Revenue Increase Amid AI Craze

In extended trading yesterday, Nvidia shares surged 27.6%, propelling the company towards a $1 trillion market capitalization. Following the release of Nvidia's first-quarter earnings report,...
Finance

Stocks Making the Greatest Movements Premarket 05/24

Moderna — The biopharmaceutical company gained 2.4% as Chinese Covid-19 infections increased. XPeng — fell 4.7% after missing earnings. XPeng forecast lower second-quarter sales. CEO...
Finance

Stocks Making the Greatest Movements Premarket 05/23

Lowe's Corporations — After lowering its full-year forecast for total sales, comparable sales, and adjusted earnings per share, the home improvement retailer's shares declined...
Finance

Stocks Making the Greatest Movements Premarket 05/22

Apple — Apple shares dipped roughly 1% premarket after Loop Capital downgraded the company's stock to hold from buy. Loop anticipates that it will...
Finance

OpenAI Releases ChatGPT App for Apple iPhone

The makers of the enormously popular ChatGPT chatbot, OpenAI, are taking its chatbot to the next level with the release of an official Apple...
Finance

Stocks Making the Greatest Movements Premarket 05/17

TJX Companies — Shares slid around 1% before the market opened after the retailer disclosed a revenue miss. First-quarter revenue was $11.78 billion, less...
Finance

Stocks Making the Greatest Movements Premarket 05/10

Airbnb — Shares fell 13.3% after the vacation booking platform provided a bleak prognosis for the second quarter and stated that it may struggle...
Finance

Stocks Making the Greatest Movements Premarket 05/08

PacWest — The regional bank gained 39% in premarket trade, adding to its Friday gain of over 82%. PacWest stated that its business is...
Finance

Stocks Making the Greatest Movements Premarket 05/05

Cigna — Cigna rose 3% in premarket trade after exceeding top- and bottom-line expectations in the most recent quarter and improving its full-year prediction....
Cryptocurrency

The US Federal Reserve Raises Rates by 25 Basis Points

The Federal Reserve of the United States has increased the federal funds target range rate by 25 basis points, to 5-5.25%. The interest rate decision...
Finance

Ark Invest Buys 7.5 Million of Coinbase Shares

Ark Invest bought approximately $7.5 million worth of shares of the cryptocurrency exchange Coinbase for the second day in a row. Yesterday, Ark's Innovation exchange-traded...
Finance

Stocks Making the Greatest Movements Premarket 05/02

Pfizer — The drugmaker's stock increased more than 1% in premarket trade after exceeding earnings and revenue projections for the first quarter, according to...
Finance

Stocks Making the Greatest Movements Premarket 04/28

Snap — Shares fell 18.2% after the company's first-quarter revenue missed Wall Street's forecasts. According to Refinitiv data, Snap's revenue decreased 6% from the...
Finance

Amazon Begins Layoffs in Its HR and Cloud Divisions

Amazon Web Services CEO Adam Selipsky and human resources chief Beth Galetti informed employees in the United States, Canada, and Costa Rica of the...
Finance

Stocks Making the Greatest Movements Premarket 04/27

Meta Platforms - Shares rose 12% as Facebook parent company outperformed Wall Street on top and bottom lines and offered upbeat guidance. Meta Platforms...
Finance
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