#nasdaq

Nvidia (NVDA) overtook Microsoft (MSFT) to claim the position as the world’s second-largest company by market capitalization, trailing only Apple (AAPL). Nvidia's market cap surged to $3.13 trillion, surpassing Microsoft's $3.04 trillion, driven by robust demand for its artificial intelligence...

On October 7, 2024, Chevron Canada Limited, an indirect subsidiary of Chevron Corporation, announced a major step in its portfolio optimization strategy with the sale of its 20% non-operated interest in the Athabasca Oil Sands Project and 70% operated interest in the Duvernay Shale, both located...

1. Pfizer Shares Rise on Starboard's $1 Billion Stake Pfizer (PFE) shares increased by 3% in premarket trading after Starboard Value reportedly took a $1 billion stake in the company. The pharmaceutical giant has faced pressure after losing nearly half of its value since its pandemic peak. 2...

Intel Corporation (NASDAQ: INTC) is currently in the spotlight as it navigates acquisition rumors concerning Qualcomm while securing a substantial multi-billion dollar deal with Amazon Web Services (AWS) to provide custom Xeon chips. This strategic move highlights Intel's commitment to remaining...

Big Bank Earnings (Friday, Oct 11): Major financial firms such as JPMorgan Chase, Wells Fargo, BlackRock, and Bank of New York Mellon will release their Q3 earnings. Delta Air Lines and PepsiCo will also report earnings earlier in the week. Tesla’s Robotaxi Reveal (Thursday, Oct 10): Tesla is...

1. Stock Market Decline Stocks retreated on Tuesday due to heightened tensions in the Middle East. The Dow dropped 173 points, while the S&P 500 and Nasdaq fell 0.93% and 1.53%, respectively. Tech stocks, including Tesla, Nvidia, and Apple, experienced sharp declines. 2. Missile Attack on...

Nvidia has made a remarkable recovery, rejoining the exclusive $3 trillion market capitalization club, driven by a surge in its stock price. This rally has added $2.3 billion to CEO Jensen Huang’s wealth, pushing his net worth to an impressive $108 billion, according to Forbes. With Huang...

1. S&P 500 Returns to Record Levels The S&P 500 hit a new intraday and closing high on Thursday, with a 0.4% gain. The Dow Jones and Nasdaq Composite both rose 0.6%. Key economic data releases, including U.S. personal income and consumer sentiment, are expected sentiment 2. Election...

Costco Wholesale Corporation (NASDAQ: COST) posted its Q3 CY2024 earnings, meeting Wall Street’s revenue expectations while delivering a notable profit beat. Although revenue growth was flat year-over-year, the retailer demonstrated resilience in a challenging market environment, underscoring...

Microsoft Corporation (NASDAQ: MSFT) has unveiled a $1.3 billion investment plan to strengthen AI infrastructure in Mexico over the next three years. The initiative, announced by CEO Satya Nadella during an event in Mexico City, is focused on expanding connectivity and fostering the adoption of...

Alphabet Inc. (NASDAQ: GOOG) has strengthened its partnership with Snapchat by integrating Google's Gemini AI into Snapchat's My AI chatbot, significantly enhancing its multimodal capabilities. This collaboration highlights the growing role of artificial intelligence (AI) in reshaping...

Super Micro Computer (NASDAQ: SMCI) experienced a significant drop of 20% in share price following its fiscal fourth-quarter earnings report, despite announcing a stock split and strong revenue guidance. The company reported a 143% revenue increase to $5.31 billion, aligning with analysts'...

Market Gains: U.S. stock indexes saw significant gains on Thursday, with the S&P 500 jumping 2.3%, the Dow Jones rising 1.76%, and the Nasdaq surging 2.87%. Jobless Claims Drop: Weekly jobless claims fell to 233,000, lower than expected, providing optimism despite recent concerns about the...

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...

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...

Intel Corporation is embroiled in a class-action lawsuit filed by shareholders after the company's stock suffered a dramatic 26% decline, wiping out over $32 billion in market value. The lawsuit, filed in the U.S. District Court for Northern California, accuses Intel, along with its CEO...

Tesla (TSLA) is taking a significant step to expand its energy business in Texas by partnering with Sunrun (RUN), a leading provider of solar and home energy solutions. This collaboration is designed to help homeowners in Texas build "virtual power plants" by leveraging Tesla’s Powerwall battery...

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...

A Tesla Model S that was in "Full Self-Driving" (FSD) mode hit and killed a 28-year-old motorcyclist in the Seattle area in April, police reported. The 56-year-old driver was arrested on suspicion of vehicular homicide after admitting to using his cell phone while the car's driver assistance...