#nyse

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...

. Schlumberger (SLB) is effectively navigating a dynamic and competitive market landscape, underpinned by both its strong financial performance and strategic initiatives. In its most recent second-quarter report, the company posted a 5% sequential revenue growth, driven largely by robust...

Micron Technology Inc. delivered a strong fiscal Q4 2024 performance, showcasing record revenues and significant growth across several key financial metrics. Here are the main points from the earnings call: Revenue: $7.8 billion for fiscal Q4, a 14% sequential increase and 93% growth...

Super Micro Computer Inc. (SMCI) is positioning itself at the forefront of the energy storage revolution through a strategic collaboration with SES AI. This partnership underscores the rapidly expanding intersection of artificial intelligence and energy technology, reflecting a broader trend...

Constellation Energy Corporation (NASDAQ: CEG) has formed a strategic partnership with Microsoft to restart the iconic Three Mile Island nuclear power plant in Pennsylvania, which was shut down in 2019. The collaboration underscores the rising demand for clean and reliable energy solutions to...

Nvidia’s stock climbed by 4%, with an intra-day peak of 5%, following reports that CEO Jensen Huang has completed planned stock sales amounting to a staggering $713 million. The sales were part of a prearranged 10b5-1 trading plan adopted in March, allowing Huang to sell up to 6 million shares...

Intel (INTC) announced the launch of two cutting-edge artificial intelligence chips, the Xeon 6 CPU and Gaudi 3 AI accelerator, marking a strategic move to strengthen its data center business and regain market share from rivals AMD and Nvidia. These chips aim to deliver enhanced performance and...

Snowflake Inc. (NYSE: SNOW), the leading AI Data Cloud company, unveiled plans for a private placement of $2 billion in convertible senior notes. The offering consists of $1 billion in 2027 convertible notes and another $1 billion in 2029 convertible notes. The notes are being offered to...

Nike (NKE) has initiated a significant leadership change, announcing that CEO John Donahoe will retire on October 13, 2024, with longtime company veteran Elliott Hill stepping in as his successor. Hill, who retired from Nike in 2020, will officially take on the CEO role on October 14, 2024...

Palantir Technologies Inc. (NYSE: PLTR) has signed a significant multi-year, multi-million-dollar contract with Nebraska Medicine to revolutionize patient care using its cutting-edge Artificial Intelligence Platform (AIP). The partnership, which commenced in January 2024, is geared toward...

1. CPI Data Expected to Show Cooling Inflation The August Consumer Price Index (CPI) report is due, with economists forecasting a 2.6% year-over-year rise, down from July's 2.9%. This cooling inflation could pave the way for the Federal Reserve to cut rates during its upcoming meeting. 2. Trump...