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Warren Buffett's bet on Ulta Beauty, Walmart's earnings beat, and Cisco's restructuring plans sparked significant stock rallies on Thursday.
Allstate Corporation announced on Tuesday the sale of its employer voluntary benefits business to StanCorp Financial Group for $2 billion in cash.
Alphabet faces potential breakup by the DOJ, causing its shares to tumble; Cardinal Health rises on strong earnings and improved guidance; and Kellanova surges following news…
Starbucks shares soared on a surprise CEO appointment, Tesla gained as Elon Musk courted Trump supporters, and Nike climbed on positive analyst sentiment.
Starbucks has named Brian Niccol, former Chipotle CEO, as its new chairman and chief executive officer, effective September 9, 2024.
Nvidia is rising despite chip delay concerns, Starbucks has gained a new activist investor, and Expedia is facing challenges from weak travel demand.
Tesla has discontinued orders for its cheapest Cybertruck model and raised prices on remaining variants, potentially impacting its mass-market appeal while prioritizing higher-margin sales.
Take-Two Interactive, Intel, and Nikola Corporation are each making headlines today for different reasons.
Eli Lilly (LLY) surged on strong Q2 earnings driven by GLP-1 drug sales, while Warner Bros. Discovery (WBD) plummeted following a massive $11.2 billion impairment charge.
Axon Enterprise saw its stock soar nearly 20% on strong AI service demand, while Lyft and Novo Nordisk shares plummeted due to disappointing financial results.
Airbnb's shares plummeted after the company announced lower-than-expected revenue forecasts for the third quarter, signaling a potential slowdown in the U.S. travel market.
Palantir, NVIDIA, and Uber saw significant stock gains today following positive earnings reports and analyst upgrades.
Mars Inc., the maker of Snickers and M&M's, is reportedly exploring a $30 billion acquisition of Kellanova, the snack food company recently spun off from Kellogg.