News
Nvidia’s quarterly revenue rises 17%
Today Nvidia released its latest earnings report. Although the company reported significant gains, shares today dropped 1% in premarket trading....
Adani issued arrest warrant by US authorities
US prosecutors have indicted Billionaire Gautam Adani, Chairman of the Adani Group, and several of his colleagues. The group is...
Comcast announces intent to create $7 billion spin-off company
Today, Comcast released details of its plan to create a new publicly traded company comprised of a strong portfolio of...
Archegos’ Bill Hwang faces fraud sentencing
Today, Hwang faces court again after a jury convicted the founder of Archegos with fraud back in July. In 2021,...
Warning for retailers as Target forcasts slow holiday season
In a report released today, Target predicted "flat sales" for its fourth quarter - unusual during the peak shopping season....
Boeing announces 2,500 layoffs and sweeping cuts
After bouncing back from lengthy strikes, Boeing announced the latest cuts to its workforce. According to filings posted on Monday,...
Blackstone acquires $8 billion share in Jersey Mike’s
Jersey Mike’s Subs will sell its majority share to private equity firm Blackstone - according to a statement released today....
Walmart beats predictions in latest quarter
Today, Walmart released a strong Q3 earnings report." In premarket trading, Walmart shares are up 4%. Walmart's Q3 highlights include:...
MicroStrategy Inc. now owns $29 billion in Bitcoin
According to a US Securities and Exchange Commission filing, MicroStrategy Inc. bought 51,780 Bitcoin between Nov. 11 and Nov. 17...
Tesla shares soar as EV industry prepares for rule changes
A report that President-elect Donald Trump plans to create a federal framework for fully self-driving vehicles has sent shares up...
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