Stocks News
Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) surged in the pre-market trading Friday following remarks from Microsoft’s technology chief. He said that the chipmaker is bolstering its presence in artificial intelligence, which has long been dominated by NVIDIA Corporation …
Shares of NIKE, Inc. (NYSE: NKE) have skyrocketed in extended trading following the release of its fiscal 2024 first-quarter earnings report on Thursday. The athletic company beat Wall Street estimates for first-quarter profit and provided an optimistic outlook despite challenges …
NIKE, Inc. (NYSE: NKE) Shares Surge on Earnings Beat and Positive Outlook Read More »
Palantir Technologies stock increased in the pre-market trading Thursday after securing a $250 million contract with the US Defense Department to spearhead research and development in artificial intelligence (AI) and machine learning (ML) technologies. This newly inked three-year contract underscores …
Micron Technology stock fell in the after-hours trading Wednesday after forecasting a wider-than-expected loss for the current quarter, indicating that an industry slump still holds its grip on the US memory chip-making giant. Micron Technology, Inc. (NASDAQ: MU) has projected …
Micron Technology Stock Plummets on Bleak Q1 Forecast Read More »
Shares of Rivian Automotive, Inc. (NASDAQ: RIVN) have surged in pre-market trading Wednesday following a favorable coverage update by Baird Equity Research, which labeled the company as a “bullish Fresh Pick.” Baird Equity Research reaffirmed its coverage of Rivian with …
Shares in AMC Entertainment Holdings (NYSE: AMC) skyrocketed on Monday as CEO Adam Aron voiced his optimism about the future of the movie theater industry amid promising developments in the 146-day-long writers’ strike negotiations. The Writers Guild of America has …
Shares of NIO Inc. (NYSE: NIO) fell on Monday following reports of a possible $3 billion fundraising effort. According to insider sources cited by Bloomberg, the Chinese automaker has initiated discussions with potential investors in the Middle East to secure …
NIO Inc. (NYSE: NIO) Stock Takes a Hit Amid Speculation of $3 Billion Capital Raise Read More »
Shares of The Walt Disney Company (NYSE: DIS), Paramount Global (NASDAQ: PARA), and Netflix, Inc. (NASDAQ: NFLX) surged in pre-market trading on Monday following a new tentative agreement reached between the Hollywood screenwriters and top studios. This move will resolve …
Activision Blizzard, Inc. (NASDAQ: ATVI) shares rose in pre-market trading as Microsoft’s revamped $69 billion acquisition deal for Activision inches closer to receiving antitrust approval from UK regulators. The Competition and Markets Authority (CMA) has stated that the updated proposal …
Amazon stock plummets today as a series of developments weigh heavily on the tech giant’s financial prospects. Firstly, an analyst at Wells Fargo predicts that Amazon.com, Inc. (NASDAQ: AMZN) will have a challenging fourth quarter, projecting a $2 billion decline in operating income. …
Amazon Stock Faces Steep Decline Amidst Growing Headwinds Read More »
