BigBear.ai Surges 39% After Securing $2.4 Billion FAA IT Contract
Shares of BigBear.ai (NYSE: BBAI) soared by 39.47% on Wednesday, marking a significant uptick in the stock’s value after the company was named a key...
WBD Plans $8.5B Investment in Nevada, Awaits Tax Credit Decision
WBD Investment in Nevada – Warner Bros. Discovery (WBD) is setting its sights on Southern Nevada for its next major expansion, with plans to establish...
US Stocks Edge Higher as Fed Minutes and Jobs Data Loom Large
US stocks inched higher on Wednesday, regaining some ground after snapping their longest winning streak of the year, as investors cautiously awaited key Federal Reserve...
Markets Pause as Rally Ends, Eyes on Powell’s Speech at Jackson Hole
After an impressive eight-day rally, U.S. stock markets took a step back on Tuesday, with all three major indexes closing in the red. The S&P...
Dingdong (Cayman) Ltd. Sees Short Interest Drop as Institutional Investors Boost Stakes
Dingdong (Cayman) Limited (NYSE:DDL) experienced a notable reduction in short interest in July, reflecting shifts in market sentiment and investor activity. As of July 31,...
Oil Futures Hold Steady with WTI at $74 Amid Ongoing Market Uncertainty
U.S. crude oil futures held steady above $74 per barrel on Tuesday, following a recent sell-off driven by concerns over demand in Asia and ongoing...
Trump’s $2.6 Billion Trump Media Stake: To Sell or Not to Sell Amid Legal and Market Pressures
Donald Trump is on the brink of a critical financial decision. In just a month, the former president will gain the ability to sell portions...
Ginkgo Bioworks Executes One-for-Forty Reverse Stock Split and Charter Amendments Amidst Financial Challenges
Boston-based Ginkgo Bioworks Holdings (NYSE:DNA) has announced pivotal changes to its corporate structure with a one-for-forty reverse stock split and significant updates to its corporate...
XPeng Q2 Results: Sales Surge 60% but Stock Slides Amid Price Wars
Chinese electric vehicle (EV) maker XPeng Inc (NYSE: XPEV) reported robust fiscal second-quarter (Q2) results with a 60.2% year-on-year increase in sales, reaching 8.11 billion...
Utilities Outshine Solar Stocks in 2024 as Clean Energy Investors Pivot
Investors in the clean energy sector have faced significant challenges this year, with solar stocks suffering steep declines. However, the utilities sector has emerged as...
