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Business

“Arm jumps 16% as company expects revenue windfall from new chip, a ‘significant shift’”

April 12, 2026

“Arm’s shares jumped after CEO Rene Haas said the company expects its newly released chip to generate $15 billion in annual revenue in 2031. The firm unveiled its AGI CPU chip on Tuesday, which is designed for AI inference in… Continue Reading…

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Stocks

“Block shares soar as much as 24% as company slashes workforce by nearly half”

April 7, 2026

“Block said Thursday it’s laying off more than 4,000 employees, or about half of its head count. Shares of the payment company skyrocketed as much as 24% in extended trading. It was last seen up nearly 18% in Friday’s premarket.… Continue Reading…

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Business

“PlayStation maker Sony overcomes memory crunch to post 22% jump in profits”

February 11, 2026

“…Sony also raised its annual revenue projection by 300 billion yen to 12.3 trillion yen, or 3%, while keeping its estimated losses from U.S. tariffs at 50 billion yen. Meanwhile, the board approved increasing the share buyback program to 150… Continue Reading…

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Stocks

“Shares of Swiss sneaker company On soar 20% as it raises guidance again”

November 25, 2025

“Swiss sneaker brand On raised its guidance for a third time in a row as it posted results that beat Wall Street’s expectations on the top and bottom lines. The company said it aims to be the most premium sportswear… Continue Reading…

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Business, Stocks

“GameStop stock plummets as company announces $1.75 billion debt offering amid bitcoin push”

June 13, 2025

“GameStop (GME) stock plummeted more than 23% Thursday after the video game seller announced that it intends to sell $1.75 billion worth of convertible bonds. In other words, GameStop is raising cash from investors by issuing debt in the form of… Continue Reading…

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Business

“…California sues ExxonMobil, alleging deception about plastics recycling”

September 25, 2024

“…“Exxon Mobil knew that 95% of the plastic in the blue bin was going to be incinerated, go into the environment or go into a landfill,” California Attorney General Rob Bonta said in an interview. “They knew and they lied.”… Continue Reading…

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Stocks

“This Tech Stock Just Raised Its Dividend by 35%, and Analysts Are Raising Their Price Targets”

September 25, 2024

“Following its Capital Markets Day on Wednesday, T-Mobile (NASDAQ: TMUS) announced a whopping 35% increase to its dividend. T-Mobile just introduced a dividend to shareholders last year for the first time… In the wake of Analyst Day, analysts at Evercore raised their price… Continue Reading…

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Stocks

“Lunar company Intuitive Machines’ stock jumps more than 40% after NASA moon satellite contract”

September 24, 2024

“…The five-year contract, which has a maximum total value of $4.82 billion, will incrementally issue awards as work progresses. Intuitive Machines’ initial NSN award is worth $150 million. Intuitive Machines shares surged more than 40% in afternoon trading from its… Continue Reading…

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Stocks

“Shares of Temu parent company PDD plunge almost 29%; ‘too large a correction’, says analyst”

September 5, 2024

“The nearly 30% drop in shares of Chinese online retailer PDD Holdings is “too much of a correction,” according to Shaun Rein, founder and managing director of the China Market Research Group. Speaking to CNBC’s “Street Signs Asia,” Rein said… Continue Reading…

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Stocks

“Peloton shares rise more than 15% as turnaround plan takes hold, losses shrink”

August 22, 2024

“…The company’s shares rose more than 15% in morning trading. Here’s how the Bike and Tread maker performed compared with what Wall Street was anticipating, based on a survey of analysts by LSEG: For the three-month period that ended June… Continue Reading…

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