#nyse

The downgrade follows Tesla's disappointing third-quarter vehicle delivery report, with the bank noting that the company may not achieve any growth in full-year vehicle deliveries for the first time in its history. Year-to-date, Tesla has delivered 1.29 million vehicles, needing over 520,000...

Nvidia's stock surged as much as 5% on Thursday, following comments from CEO Jensen Huang about overwhelming demand for the company's next-generation Blackwell GPU chips. Despite minor redesign delays earlier in the year, Huang confirmed that Blackwell chips are now in full production, with...

Eli Lilly and Company has announced a monumental $4.5 billion investment to establish the Lilly Medicine Foundry, a cutting-edge facility dedicated to drug manufacturing and clinical trial medicine production. This facility will be built in the LEAP Research and Innovation District in Lebanon...

LifeWallet (NASDAQ: LIFW), announced a significant acquisition of Medicare Secondary Payer (MSP) claims. This deal involves more than 450,000 Medicare members, with a total claims value exceeding $10.6 billion. The acquisition strengthens LifeWallet’s strategic focus on recovering healthcare...

NVIDIA is a leading technology company, best known for its powerful GPUs, which started in gaming but now dominate in fields like artificial intelligence (AI), data centers, and autonomous vehicles. The company's key product lines include GeForce GPUs for gaming, AI-focused chips for data...

In a significant move to cement its leadership in the generative AI space, OpenAI has successfully raised $6.6 billion in a new funding round, boosting the company's valuation to an impressive $157 billion. The round was spearheaded by Thrive Capital, led by Josh Kushner, with a notable $1.3...

Flat Market: The S&P 500, Nasdaq, and Dow Jones showed minimal gains amid rising tensions in the Middle East. Energy stocks outperformed as oil prices surged due to Iran's missile attack on Israel. OpenAI Valuation: OpenAI closed a funding round valuing the company at $157 billion. Investors...

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...

Cerebras Systems, a leading AI chipmaker based in California, has officially filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC). Positioned as a competitor to industry giant Nvidia, Cerebras seeks to capitalize on the explosive growth in demand for AI...

Here's why: Performance Trends: Different sectors and industries perform differently based on market conditions. For example, technology stocks may outperform during periods of innovation, while utilities may be more stable during economic downturns. Risk Assessment: Each sector has its unique...

Amazon.com Inc. (AMZN) secured a partial victory in a high-profile antitrust lawsuit brought by the U.S. Federal Trade Commission (FTC), which accused the e-commerce giant of maintaining illegal monopolies. The federal court in Seattle, under U.S. District Judge John Chun, issued a sealed ruling...

Tesla Inc. and its CEO Elon Musk secured a legal victory on Monday, as a U.S. District Court dismissed a shareholder lawsuit that accused the company of misleading investors by overstating the capabilities and safety of its self-driving technology to inflate its stock price. The lawsuit, filed...

Meta Platforms, Inc. (NASDAQ: META) has made a significant move in the AI landscape by partnering with Arista Networks to establish a $2 billion AI supercluster powered by NVIDIA GPUs. This strategic investment aligns with Meta's vision to harness the potential of AI across its platforms and...

Microsoft Corporation (NASDAQ: MSFT) has announced an 11% increase in its dividend and expanded its stock buyback program by $60 billion, reinforcing its strong financial performance and commitment to returning value to shareholders. This move highlights the company's confidence in its future...

In inflationary environments, companies that can effectively manage rising costs while continuing to provide value to consumers become attractive investment opportunities. Costco and Walmart serve as prime examples of businesses that have mastered this balance. Costco’s Strategy: Leveraging...

Final Trading Session: Stocks are entering the last trading day of September, with the S&P 500 up nearly 1.6%, the Dow Jones up 1.8%, and the Nasdaq up 2.3% for the month. This session also marks the close of the third quarter. Port Strike: Port workers along the East and Gulf Coasts are set to...

Ulta Beauty, the largest beauty retailer in the U.S., has announced an exciting partnership with Universal Pictures to launch a multi-branded beauty collection inspired by the highly anticipated film Wicked, which hits theaters on November 22, 2024. The collaboration brings together an expansive...

The U.S. Department of Justice (DOJ) has initiated an investigation into Super Micro Computer, a leading AI server manufacturer, according to sources cited by the Wall Street Journal. This development follows recent allegations by short-seller Hindenburg Research, which accused Super Micro of...

Smartsheet, a leading provider of workplace collaboration software, is set to be taken private by Vista Equity Partners and Blackstone in a substantial $8.4 billion transaction. According to the announcement made on Tuesday, shareholders of Smartsheet will receive $56.50 per share in cash...

Market Retreat: The Dow Jones Industrial Average and S&P 500 retreated from recent highs, with the Dow falling 0.7% and the S&P decreasing by 0.19%. Despite this, the tech-heavy Nasdaq Composite managed a slight gain of 0.04%. Meta's New Devices: Meta CEO Mark Zuckerberg unveiled a new virtual...