Stocks

“Apple Signal of AI Intent Unleashes $112 Billion Stock Surge”

“…Apple’s decision to overhaul its Mac computer line to focus on artificial intelligence, as reported by Bloomberg, struck a chord with investors, sending the stock up 4.3% and adding $112 billion in value in its best performance in nearly a… Continue Reading…

Stocks

“Rivian Stock Has 98% Upside, According to 1 Wall Street Analyst”

“…Inflation or no inflation, and rate cuts or no interest rate cuts … Rivian’s stock price will more than double, and hit $21 a share within a year, according to BofA analysts… …Rivian stock closed just shy of $11 a share Tuesday… Continue Reading…

Stocks

“Chinese Cement Maker Halted After 99% Crash in 15 Minutes”

“…Based in the central Henan province, Tianrui’s stock plunged 99% to about HK$0.05 Tuesday, cutting its market capitalization to HK$141 million ($18 million). During the selloff, about 281 million shares, or a third of the firm’s free float, changed hands.… Continue Reading…

Business, Stocks

“Micron Technology Stock Has 21% Upside, According to 1 Wall Street Analyst”

“Shares of Micron Technology (NASDAQ: MU) have surged to new highs this year as the memory chip leader is on the verge of returning to profitable growth. The stock still has room to run, according to Citi analyst Christopher Danely. After talking with the company’s… Continue Reading…

Stocks

“Teladoc CEO departs the company after stock’s 95% fall from 2021 highs”

“…The company’s board of directors has temporarily appointed Mala Murthy, chief financial officer, as Gorevic’s replacement and hired an executive search firm to determine a permanent successor. Shares of Teladoc closed up more than 1% Friday but are down about… Continue Reading…

Business, Stocks

“Private equity firm Silver Lake to take entertainment company Endeavor private at $27.50 a share”

“Private equity firm Silver Lake announced Tuesday that it’s acquiring entertainment company Endeavor Group Holdings for $27.50 a share. Endeavor’s stock rose more than 2% Tuesday afternoon after a brief halt ahead of the announcement. It was trading just under $26 per share. Silver… Continue Reading…

Stocks

“Stock market…Stocks slide as oil, yields touch 2024 highs”

“…The Dow Jones Industrial Average (^DJI) closed down about 1%, or nearly 400 points, setting the blue-chip index back from a bid to reach the key 40,000 level. The S&P 500 (^GSPC) shed about 0.7%, while the tech-heavy Nasdaq Composite… Continue Reading…

Stocks

“Trump Media stock closes 21% lower after company reports $58 million loss for 2023”

“The share price of Trump Media closed trading 21.47% lower on Monday, hours after the social media app company tied to former President Donald Trump reported a net loss of $58.2 million on revenue of just $4.1 million in 2023. Trump Media & Technology Group shares plunged… Continue Reading…

Stocks

“Reddit shares plunge almost 25% in two days, finish the week below first day close”

“…Shares closed at $49.32, ending the week below their closing price on Reddit’s first day of trading on the New York Stock Exchange. They closed at $50.44 last Thursday. Stock markets are closed on Good Friday… Reddit shares started off the week… Continue Reading…

Economy, Stocks

“Stock Market Surges to Start the Year: 22 Record Highs in 3 Months”

“The S&P 500, one of the most widely watched stock indexes in the world, has risen more than 10 percent over the first three months of 2024, buoyed by 22 record highs. Roughly 40 percent of the stocks in the index… Continue Reading…