Editor’s Picks
Elastic Q2 Earnings Beat Estimates, But Lower Revenue Guidance Weighs on Shares
Elastic Reports Strong Q2 Earnings Results but Lowers Revenue Outlook Elastic (NYSE: ESTC), a search software company, reported its Q2 CY2024 earnings results, surpassing analysts’...
Paltalk Awarded $65.7M in Patent Case Against Cisco, But Stock Dips
Paltalk Wins $65.7 Million Verdict Against Cisco Paltalk Holdings announced on Friday that it has been awarded $65.7 million in damages in a patent lawsuit...
NuCana Shares Plunge 50% After Second Clinical Trial Setback in Two Years
NuCana Stock Hit Hard by Phase II Clinical Trial Failure NuCana shares plunged by half on Friday morning following the Phase II failure of a...
Fed’s Inflation Gauge Stokes Rate-Cut Hopes as Prices Stabilize
Fed’s Inflation Gauge Aligns with Expectations The latest reading of the Fed’s preferred inflation gauge showed price increases in July that aligned with Wall Street’s...
US Stocks Rally as Inflation Data Boosts Rate-Cut Hopes
US Stocks Surge on Inflation Data US stocks opened higher on Friday, with a strong push towards ending the week on a positive note, as...
Dow Hits Record High, Other Markets Dip After Nvidia Results
Dow Hits Record High – The stock market experienced a mixed performance on Thursday, with the Dow Jones Industrial Average (DJIA) reaching a new all-time...
Fitch Affirms US Credit Rating at “AA+”, Despite Rising Debt Concerns
Agency Maintains Stable Outlook Fitch Affirms US Credit Rating – Ratings agency Fitch has affirmed the United States’ credit rating at “AA+”. This decision highlights...
California Passes Landmark AI Safety Bill Amidst Industry Clash
Lawmakers Approve SB 1047 for High-Risk Technologies: Sacramento, CA – August 29, 2024 – California has made headlines by passing a groundbreaking AI safety bill....
NIO Shares Slide as Li Auto’s Revenue Miss Sparks Investor Concern
NIO Shares Drop 7% Following Li Auto’s Revenue Miss NIO shares have fallen by 7% to $3.71 during Wednesday’s session. The drop follows a disappointing...
