Editor’s Picks
Netflix Password Sharing Offensive Boosts Stock by Over 4.5%
In a remarkable turn of events, Netflix (NFLX) witnessed a meteoric rise in its stock on Wednesday, registering a staggering surge of more than 4.5%....
Mortgage Rates Deter Homebuyers in Market
In the face of soaring mortgage rates, a growing number of prospective homebuyers are opting to bide their time. Recent data reveals that mortgage applications...
Streaming Services Struggle as Costs Rise and Churn Rates Soar
As the sun sets on the golden age of streaming, streaming services are grappling with the strains of escalating costs. According to recent data unveiled...
Macy’s Caution Signals Trouble for Consumers Retail Sector
Macy’s, the renowned American department store, has sent shockwaves across the retail sector with a cautionary note about the financial well-being of US consumers. This...
Zeekr Aims for $13B Valuation in U.S. IPO Drive
Zeekr, the premium electric vehicle (EV) brand under Chinese automaker Geely, is set to embark on a landmark journey with its US Initial Public Offering...
Tesla Slashes German Plant’s Production Targets Amid Challenges
Tesla, the American electric car manufacturer, has made significant downward revisions to its production targets at its Gruenheide plant in Germany, according to an investigative...
Peloton Stock Plunges 21% Amid Subscription Growth Slowdown
Peloton Interactive Inc. (PTON) encountered a substantial setback as its stock prices nosedived by 21% early Wednesday, reaching an all-time low. This plunge follows the...
US Treasury Yields Ease Amid Euro Zone Data
In a much-awaited respite, the US Treasury 10-year yields have eased off their staggering 16-year highs on Wednesday, offering a momentary relief to beleaguered government...
Upcoming Nvidia Earnings Report Sparks Interest
In a prelude to Wednesday’s trading session, stock market futures indicated a modest upturn in the United States, with market participants eagerly awaiting the forthcoming...
Nasdaq Shines Amidst Mixed US Stock Market Close
The US stock market closed Tuesday’s trading session with a mixed performance, as the tech-focused Nasdaq Composite emerged as the sole major index to land...
