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Anthropic IPO filing ratifies Wall Street's AI obsessionTech stocks continue to lead the Nasdaq Composite and S&P 500 in a record-breaking market rally, while Elon Musk's SpaceX is set to price i...- Nvidia stocks: Why is NVDA share price down even as AI giant paid several billion dollars investment in in Corning?Nvidia CEO Jensen Huang said the AI chip supplier has made "a multi-billion-dollar prepayment" that was not disclosed when it announced an ...
- APP stock (AppLovin) falls over 16% today as AI disruption fears crashed software stocks down - here's what investors need to knowAPP stock: AppLovin shares plummeted Wednesday as a sector-wide software selloff intensified. Investors are increasingly wary of AI's poten...
- PayPal replaces CEO Chriss with HP's LoresLores has served as a PayPal board member for almost five years and has been board Chair since July 2024. He's also spent more than six yea...
- Infosys ADRs 40% spike linked to a "bizarre" technical glitch, says reportInfosys ADRs surged as much as 40% on the NYSE before trading was halted twice, despite the company denying any material trigger. A Canada-...
- Lyft bets on global expansion, smaller cities focus to drive growthLyft said Freenow, its European operations, which it acquired earlier this year, is projected to add over six million riders to its platfor...
- GM stock jumps 14% on stellar Q3 performance, automaker raises guidance - what investors must trackGM now foresees full-year adjusted earnings between $9.75 and $10.50 per share. Its prior outlook was for $8.25 to $10 per share. Analysts ...
- Hood stock surges 14% as Robinhood joins S&P 500: Analysts are bullish – suggesting strong buyRobinhood stock surged 14% after the trading app pioneer joined the S&P 500 index. Once known for meme stock volatility, Robinhood has rebu...
- Boeing reports USD 6 bn quarterly loss ahead of vote by union workers who crippled productionBoeing reported a loss exceeding USD 6 billion in its third quarter due to a work stoppage and commercial aircraft and defence programmes c...
- Dow Inc plans to cut 2,000 jobs or 5% of workforcePrices of U.S. natural gas, a key input in manufacturing chemicals, averaged $6.10 per million metric British thermal units (mmBtu) during ...
- Coca-Cola sales surge offsetting rising costs, Russia exitThe Atlanta company posted net income of USD 2.78 billion, or 64 cents per share, topping Wall Street's expectations for per-share earnings...
- Moderna COVID-19 vaccine tallies more than $4 billion in Q2 salesModerna's announcement comes after pharmaceutical giant Pfizer Inc. said its COVID-19 vaccine remained effective months after the second do...
- Year starts with slowed credit spending at American ExpressThe New York company on Friday reported first-quarter net income of $2.24 billion, or $2.74 per share. Per share earnings, minus one-time c...
- American Airlines lost $8.9 billion in a year of pandemicShares of the Fort Worth, Texas, company surged more than 20% in trading before the opening bell, seemingly part of volatile trading elsewh...
- Battered by pandemic, Boeing cutting 30,000 jobs in two yearsA steep drop in commercial plane travel has prompted airlines to cancel plane orders or defer deliveries, crimping Boeing's revenues.
- Citi Q3 results: Profit falls 34% but tops Wall Street expectationsThe New York-based bank said Tuesday that third-quarter net income fell to $3.23 billion from $4.91 billion in the year ago quarter.
- Walmart becomes a lifeline and online sales surge 74%Cash bonuses issued to all hourly workers reached $755 million and Walmart upped pay by $2 per hour at its warehouses. It rolled out an eme...
- Genpact expects higher growth in medium termThe company, which was spun off from General Electric, had seen its growth curbed as GE Capital sold off some businesses but is now forecas...
- Why stock reports are given for freeTo know what goes into the buy & sell recommendations that broking houses put out for public consumption, read on...
- Profits of US cos may see biggest 10-yr dropProfits at US companies may have dropped the most in at least a decade last quarter after credit writedowns triggered a combined $7.43 bn l...
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