#investment

Shares of JD.com Inc. (NASDAQ) experienced a significant decline in after-hours trading on Tuesday, dropping over 9% to $25.50, the lowest in more than two weeks. The sharp fall followed a Bloomberg report revealing that Walmart Inc. (NYSE) intends to sell its substantial stake in the Chinese...

Nvidia has achieved a remarkable surge in its market value, adding $765 billion over just eight trading days, driven by a 31% increase in its stock price. This rapid ascent nearly tripled the Nasdaq 100's 11% gain within the same period and represents Nvidia's largest eight-day gain since May...

Terreno Realty (NYSE: TRNO), a relatively small industrial-focused Real Estate Investment Trust (REIT), has been quietly delivering robust returns to its investors, driven by strategic investments and consistent dividend growth. Despite being smaller in scale compared to industry giant Prologis...

Advanced Micro Devices Inc. (AMD) has announced a strategic acquisition of server manufacturer ZT Systems in a cash and stock deal valued at $4.9 billion. This acquisition is part of AMD’s aggressive strategy to strengthen its position in the data center and AI markets, directly challenging...

Tapestry Inc., the luxury fashion house behind Coach, Kate Spade, and Stuart Weitzman, delivered better-than-expected results in its fiscal fourth quarter, even as it faces scrutiny over its proposed $8.5 billion acquisition of Capri Holdings. The company's net income declined by 28.9% to...

Overview: Warren Buffett's Berkshire Hathaway made significant adjustments to its investment portfolio in the second quarter of 2024. The conglomerate acquired notable stakes in Ulta Beauty (ULTA) and Heico (HEI) while dramatically reducing its long-held position in Apple (AAPL). These moves...

Cathie Wood, the founder and CEO of Ark Investment Management, continues to make bold moves in the tech sector despite mixed performance and criticism. On Monday, she acquired 14,686 shares of Alphabet Inc. (GOOGL), valued at $2.4 million, taking advantage of the stock's 14% decline from its...

Advanced Micro Devices, Inc. (AMD) has completed the acquisition of Silo AI, Europe's largest private AI lab, in a deal valued at approximately $665 million. This strategic move is set to significantly bolster AMD's AI capabilities, enabling the company to accelerate the development and...

Citius Pharmaceuticals Inc. (NASDAQ: CTXR), a penny stock, has achieved a significant milestone by securing its first FDA approval for Lymphir (denileukin diftitox-cxdl), a drug developed to treat relapsed or refractory cutaneous T-cell lymphoma (CTCL) in patients who have undergone at least one...

Microsoft (MSFT) has recently reported its Fiscal Q4 earnings, showcasing strong financial performance yet eliciting mixed reactions from investors. Despite exceeding both earnings and revenue expectations, concerns over declining margins and slower cloud revenue growth led to a temporary drop...

Netflix (NFLX) shares have fallen about 10% over the past month, driven by a mid-July sell-off after the company missed revenue guidance expectations. The stock continued its downward trend, dropping roughly 3% in early trading on Monday amid a broader sell-off in Big Tech. Despite the recent...

Key Details: Stake Reduction: Berkshire Hathaway, led by Warren Buffett, sold nearly half of its stake in Apple Inc. during the second quarter of 2024. The remaining stake is valued at approximately $84 billion, down from about $140 billion. This decision has led to mixed interpretations, with...

Amazon's (AMZN) stock fell more than 11% in early trading on Friday after its third-quarter forecast missed expectations on both sales and operating income. The company projected sales between $154 billion and $158.5 billion, below the analyst forecast of $158.43 billion. Operating income is...

Snap Inc. forecast current-quarter results below expectations on Thursday, citing stiff competition from larger rivals such as Meta Platforms (parent of Facebook and Instagram) and ByteDance's TikTok. This has led to an 18% drop in its shares after-market. Jasmine Enberg, principal analyst at...

A passenger checks a departure screen at the Phoenix Sky Harbor Airport after the CrowdStrike outage delayed travel. CrowdStrike's stock has plummeted 34% since a software update caused a major outage on July 19. On Tuesday alone, the stock fell as much as 13% following reports that Delta Air...

Meta has agreed to a $1.4 billion settlement with Texas in a privacy lawsuit over allegations that the tech giant used biometric data of users without their permission, officials said Tuesday. Texas Attorney General Ken Paxton said the settlement is the largest secured by a single state. In...

McDonald's (MCD) reported Q2 earnings that fell short of Wall Street estimates in terms of revenue, earnings, and same-store sales, highlighting the impact of challenging macroeconomic conditions on the fast food giant. Key Financials: Revenue: $6.49 billion, up 2.01% year-over-year, but below...

Palantir Technologies Inc. (NYSE: PLTR), a leader in AI systems for modern enterprises, has announced a multi-year partnership with Tree Energy Solutions (TES), a global leader in the production of electric natural gas (e-NG) derived from green hydrogen. The partnership aims to leverage...

Tesla's Mixed Q2 Results: Auto Gross Margin: Excluding regulatory credits, Tesla's auto gross margin was 14.6%, missing the 16.2% estimate. Regulatory Credits: Came in at $890 million, significantly higher than the $450 million consensus, potentially inflating adjusted EPS by 10 cents. Earnings...

BOOK REVIEW: "ONE UP ON WALL STREET" BY PETER LYNCH ♥ Good Morning Everyone. "One Up on Wall Street" by Peter Lynch is a seminal book on investing, widely regarded as a classic in the field. Lynch, a legendary fund manager of the Fidelity Magellan Fund, offers insights into his investment...