NIO stock nosedived after the Chinese electric vehicle (EV) firm launched a massive $1 billion convertible bond financing in an after-hours session on Monday. These bonds will feature a split maturity, with half maturing in 2029 and the other half …
NIO Stock Plunges as Chinese EV Firm Launches $1 Billion Convertible Bond Financing Read More »
Advanced Micro Devices stock witnessed a pre-market decline on Monday following reports of Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) postponing the delivery of high-end chipmaking equipment. TSMC, the major AMD supplier, has decided to push back production at its …
Ford Motor Company (NYSE: F) and General Motors Company (NYSE: GM) shares plummeted in pre-market trading today. The sharp decline comes at a time when the United Autoworkers Union (UAW) launched a historic strike against the Big Three U.S. automakers. This …
Ford (NYSE: F) and General Motors (NYSE: GM) Shares Plummet Amidst Historic UAW Strike Read More »
Nikola Corporation stock is trading significantly higher today, with a surge of 13.91%. This increase comes as investors react to an optimistic address by the company’s President and CEO, Steve Girsky. The sharp rebound comes after Nikola Corporation (NASDAQ: NKLA) shares …
Nikola Corporation Stock Surges Following CEO’s Optimistic Address Read More »
Shares of AMC Entertainment Holdings, Inc. (NYSE: AMC) have skyrocketed in pre-market trading Thursday following the successful completion of the stock offering, wherein the cinema chain managed to secure approximately $325.5 million through the sale of 40 million shares. The …
American Airlines Group Inc. (NASDAQ: AAL) and Spirit Airlines, Inc. (NYSE: SAVE) saw a notable decline in their share prices on Wednesday following a significant downward revision of their third-quarter earnings forecasts. The move comes as the airline industry grapples …
American Airlines Group (NASDAQ: AAL) Stock Plummets as Fuel Costs Impact Q3 Forecasts Read More »
Ford Motor Company stock is rising in the pre-market trading Wednesday after the United Auto Workers eased wage increase demands amid the looming strike deadline. Reports indicate that the UAW, which initially sought wage hikes of over 40%, is now …
Apple stock plummets following the much-anticipated launch of the iPhone 15 series handsets. The consumer electronics giant Apple Inc. (NASDAQ: AAPL) introduced its iPhone 15 smartphones Tuesday, with the high-end Pro models stealing the spotlight with new features. However, the …
Apple Stock Tumbles as iPhone 15 Launch Fails to Impress Investors Read More »
Shares of Alibaba Group Holding Limited (NYSE: BABA) plunged -2.29% in the early trading hours Monday following the abrupt resignation of CEO Daniel Zhang as head of the China-based tech giant’s cloud computing division. The move comes as part of …
Shares in QUALCOMM Incorporated (NASDAQ: QCOM) fell sharply on Thursday amid mounting turmoil in China that has cast a shadow over the company’s sales prospects in a pivotal market. Qualcomm faces multiple challenges right now. The first is related to …
QUALCOMM Incorporated (NASDAQ: QCOM) Shares Tumble Over China Turmoil and iPhone Ban Read More »
