Nvidia (NVDA:NASDAQ) shares fall on plans to drop acquisition of ARM
Shares of Nvidia (NVDA:NASDAQ) slipped on Tuesday after reports that the company was planning to drop its acquisition of British chip designer Arm
[...]
Peloton (PTON:NASDAQ) shares crash on production halts and weak consumer demand
Peloton (PTON:NASDAQ) shares lost almost a quarter of their value in a single trading day after news that the company was temporarily halting
[...]
Microsoft’s (MSFT:NASDAQ) game changing acquisition positions company for bigger role in metaverse
Shares of Activision Blizzard (ATVI:NASDAQ) spiked by 27% over purported plans by Microsoft (MSFT:NASDAQ) to acquire the gaming company in what is seen
[...]
Virgin Galactic (SPCE: NYSE) tumbles on plans to take on $500m debt
Shares of Virgin Galactic (SPCE: NYSE) tumbled on Thursday after the space company announced that it was taking on $500 million more debt.
[...]
Fed’s soothing words boosts tech rally
Tech stocks rallied on Tuesday following a calming statement from the Fed Chair that the central bank was willing to use its tools
[...]
Retail favorites see red, but is there more pain ahead?
The Fed’s hawkish tone may have set in motion a sell-off in the market, but retailers were not expecting the carnage being witnessed
[...]
Financial stocks lead the Dow to a new high
Financial stocks got a big boost on Tuesday, leading the Dow to a new high as Treasury yields rallied for a second-straight day.
[...]
Didi (DIDI:NYSE) reveals $4.7bn loss as ride-hailing company eyes Hong Kong Debut
Chinese ride-hailing firm, Didi Global Inc. (DIDI:NYSE) is facing a perilous road to recovery as the effects of the crackdown are biting harder.
[...]
Investors lose sweet tooth for Fintech stocks as risk mounts
Fintech stocks took a tumble on Tuesday even as the market finished at a record high amid low liquidity. PayPal (PYPL:NASDAQ), Robinhood Markets
[...]
Shares of Tesla (TSLA:NASDAQ) rally as Musk says he is done with stock sale
Shares of Tesla (TSLA:NASDAQ) rallied Thursday after CEO, Elon Musk said he had unloaded enough stock to achieve his stated goal of selling
[...]