Stock Market
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%....
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...
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...
Lowe’s Q2 Profits Exceed Projections, Stock Jumps 3.5%
Lowe’s (LOW) witnessed a commendable surge in its stock on Tuesday, with an impressive gain of 3.5%, following the announcement that its second-quarter profits exceeded...
SVB Financial Group’s Venture Capital Rebound in Progress
SVB Financial Group, the embattled former parent company of Silicon Valley Bank, is taking decisive measures to resurrect its venture capital enterprise, following a recent...
Cost-Saving Drive: Charles Schwab Initiates Job Cuts and Office Downsizing
In a move aimed at bolstering operational efficiency, Charles Schwab revealed its plans to initiate a series of job cuts and office downsizing, according to...
Zoom Shares Dip 6% as Q2 Earnings Miss Analyst Projections
Zoom Video Communications Inc (ZM) encountered an unexpected hurdle as its stock plummeted by up to 6% on Tuesday morning, reflecting a Q2 earnings report...
