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Apple (APPL:NASDAQ) hits $3trn market capitalization

July 4, 2023March 13, 2025globalstocksnews
Apple hits $3trn market capitalization With its shares closing above the $190.734 threshold on Friday, Apple (APPL:NASDAQ) became the first American company to [...]

Rivian joins list of electric vehicles that would be powered by Tesla superchargers

June 27, 2023March 13, 2025globalstocksnews
Rivian to use Tesla superchargers The most recent manufacturer of electric vehicles to join Tesla’s (TSLA:NASDAQ) Supercharger network is Rivian (RIVN:NASDAQ). The startup [...]

Federal Reserve skips rate hikes for first time since January 2022

June 20, 2023March 13, 2025globalstocksnews
Fed decides to skip rate hikes The Fed’s tightening campaign appears to be coming to an end. For the first time since January [...]

S&P 500 touches highest level since August 2022.

June 10, 2023March 13, 2025globalstocksnews
S&P 500 touches highest level since August 2022. The S&P 500 rose slightly Friday, touching the 4,300 level for the first time since [...]

SoFi shares receive a boost from reinstated student loan payments

June 9, 2023March 13, 2025globalstocksnews
Student loan repayment boosts SoFi shares A planned return of student-loan payments boosted SoFi (SOFI:NASDAQ) shares by 15% on Wednesday. The stock of [...]

Despite Inflation, U.S. Equities Hit 5-month high

May 27, 2023March 13, 2025globalstocksnews
Investors continued to watch developments in Washington following positive signals that policymakers are inching towards a deal on raising the debt ceiling before [...]

This Week in the Markets – Footlocker, Interest Rates, Morgan Stanley, Buffett

May 20, 2023March 13, 2025globalstocksnews
Stocks close lower, but posted a positive week. The Dow Jones Industrial Average dropped 109.28 points, or 0.33%, to 33,426.63. The S&P 500 [...]

Exxon Mobil (XOM:NYSE) and Chevron (CVX:NYSE) both reaped profits not seen since 2008.

May 7, 2023March 13, 2025globalstocksnews
The two of the largest oil companies in the world collectively posted $18 billion in first-quarter profits, showing resilience even as oil and [...]

Meta’s earnings beat, US GDP slows, Fox and Tucker Carson part ways: Headlines that defined the week

April 30, 2023March 13, 2025globalstocksnews
Hedge funds post big losses betting against tech stocks which surprised Wall Street with better-than-expected earnings. Recession signs grow more evident with US [...]

Tesla (TSLA:NASDAQ) share falls 10% as series of price cuts hurt earnings

April 22, 2023March 13, 2025globalstocksnews
Shares of Tesla (TSLA:NASDAQ) FINISHED 9.75% lower, a day after the company reported declining earnings and margins from recent price cuts implemented to [...]

Branson’s Virgin Orbit (VORB:NASDAQ) files for bankruptcy

April 12, 2023March 13, 2025globalstocksnews
Shares of Virgin Orbit (VORB:NASDAQ) sank 23% Tuesday after the space satellite company filed for Chapter 11 bankruptcy protection. Virgin Orbit also said [...]

Alibaba (BABA:NYSE) to split companies into six groups in radical overhaul

March 31, 2023March 13, 2025globalstocksnews
Alibaba (BABA:NYSE) stocks soared to close 14.26% higher in extended trading Tuesday after the company announced a significant overhaul to split the tech [...]

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