Market Analysis
Boeing Strike Ends with 59% Union Approval on New Offer; Stock Gains
Boeing reached an agreement with 33,000 unionized machinists, ending a seven-week strike.
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Market Analysis
Reddit’s Market Cap Climbs to $20 Billion as Analysts Cheer On
Reddit's stock has surged following its first profitable quarter since its IPO, driven by strategic partnerships and enhanced advertising tools.
Market Analysis
GM’s EV Success Boosts Stock by 3.3% Amid Strong Q3 Sales
GM strengthens its EV market presence with over 300,000 U.S. sales and stock performance outpacing the S&P 500 YTD.
Market Analysis
Nvidia Set to Replace Intel in Dow Jones Industrial Average; INTC Down 50%+ in 2024
Nvidia is set to replace Intel in the Dow Jones Industrial Average, highlighting a shift in the semiconductor industry as Intel struggles with declining performance.
Market Analysis
Uber’s Q3 Results Beat Expectations, But Shares Drop on Growth Concerns
Uber exceeded Wall Street expectations but slower gross bookings growth puts pressure on stock price.
Market Analysis
SMCI’s Market Cap Drops Nearly $10 Billion Following EY’s Departure as Auditor
EY's resignation as SMCI's auditor amid DOJ investigations and whistleblower allegations has led to a significant drop in SMCI's stock price.
Market Analysis
Reddit (RDDT) Reports a Profit for the First Time Since IPO, Stock Hits ATH
Reddit posted its first profit since going public (and for the first time in the company's history) driven by strong revenue growth and strategic AI partnerships.
Market Analysis
Alphabet Reports 15% Revenue Surge in Q3 Driven by Google Cloud and AI Expansion
Alphabet Inc. reported strong Q3 financials, driven by growth in Google Cloud and AI investments, surpassing Wall Street expectations.
Market Analysis
DJT Stock Continues to Soar as 5 Trading Halts Rock Tuesday Morning
Trump Media & Technology Group's stock (DJT) has seen dramatic price swings and trading halts amid a pre-election rally, tripling in value over the past month.
Market Analysis
HOOD Jumps as Robinhood Markets Debuts US Election Trading
Popular trading app Robinhood Markets launched presidential election trading on Monday.
Market Analysis
Stocks to Watch Today: TSLA, IBM, MOH
Tesla and Molina Healthcare soared on strong earnings beats while IBM tumbled after missing revenue targets.
Market Analysis
Boeing Workers Reject New Offer as Firm Reports Massive Losses, Strike Continues
Boeing's stock tumbled Thursday after union workers rejected a contract offering 35% raises, extending a 40-day strike.
Market Analysis
Deadly E. Coli Outbreak Linked to McDonald’s Quarter Pounders Sends Stock Tumbling
An E. coli outbreak linked to McDonald's Quarter Pounders has killed one person and sickened 49 others across ten states.