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The AI start-up priced its stock at $40, well below recent expectations for $47 to $55 a share. The listing has been seen as a test for both AI and the market for new stock...
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Amazon's latest cost-cutting strategy may be the key to boosting its bottom line...
Continue ReadingAlphabet stock slips after settling decade-old class-action suit over alleged ad overcharging and Smart Pricing tactics...
Continue ReadingShares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 3.9% in the afternoon session after the Bureau of Economic Analysis reported that the Fed's preferred inflation gauge (the Personal Consumption Expenditures (PCE) price index) revealed core inflation came in hotter than expected, fueling fear of stagflation (an economic situation of slow growth and rising prices). Core inflation excludes food and energy prices...
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Wealth manager Ross Gerber is known for his unrestrained takes on Tesla (NASDAQ:TSLA), and he’s once again making headlines—this time by pointing out a surprising shift in sentiment toward electric vehicles. The U.S. Oil & Gas Association recently posted on X that its president is “just about ready” to buy a Tesla, not out of need, but to show support for American innovation. The group said it would go through with the purchase if its @US_OGA account reaches 61,130 followers before the end of th...
Continue ReadingQ4 2024 Beachbody Company Inc Earnings Call...
Continue ReadingCoreWeave is not seeing an AI demand slowdown...
Continue ReadingFour Tesla (TSLA)-owned dealerships in Canada are being challenged by federal authorities after repo...
Continue ReadingADBE shares are benefiting from strong demand for its creative products and expanding clientele amid increasing competition and stretched valuation...
Continue ReadingElon Musk's Political Stance, Fierce Competition, and the Race to Reclaim Market Share in 2025...
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