Finance
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...
Gold Soars to Record High as Markets Anticipate Powell’s Jackson Hole Speech
Gold resumed its upward trajectory, reaching a new record high as markets’ participants eagerly await Federal Reserve Chair Jerome Powell’s upcoming speech at the Jackson...
Allurion Technologies Appoints Adrian Wild as SVP, Stock Soars
Allurion Technologies (NYSE: ALUR), a leader in the fight against obesity, announced today the appointment of Adrian Wild as Senior Vice President of International Commercial....
Wall Street Stocks Dip Slightly as Focus Shifts to Powell’s Fed Speech
Stocks on Wall Street opened slightly lower on Tuesday, taking a breather after an impressive eight-day rally, as investors brace for Federal Reserve Chair Jerome...
US Stocks Surge to Session Highs: S&P 500 and Nasdaq Extend Winning Streak
S stocks surged to close at session highs on Monday, continuing their strong performance from last week, which marked the best week for markets in...
AMC FY2026 EPS Estimate Raised by Roth Capital: What It Means for Investors
AMC Entertainment Holdings, (NYSE:AMC) received a notable boost in investor sentiment as Roth Capital raised its earnings per share (EPS) estimate for FY2026. In a...
China’s EV Incentives Drive NIO, XPeng, and Li Auto Stocks Higher
Chinese electric vehicle (EV) stocks are rallying as NIO Inc. (NYSE: NIO), XPeng Inc. (NYSE: XPEV), and Li Auto Inc. (NASDAQ: LI) all surged in...
