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Sylvamo Corp (NYSE:SLVM) reported a robust performance for the second quarter of 2024, significantly outpacing the previous quarter’s results. The company achieved a net income of $83 million,...
Airbnb (NASDAQ:ABNB) shares plummeted in extended trading following the announcement of lower-than-expected revenue forecasts for the third quarter. The vacation rental giant’s outlook signals a...
In a volatile trading day, three stocks stood out for their significant price movements following earnings reports and corporate updates. Axon Enterprise (NASDAQ:AXON) saw a substantial surge due to...
Following Monday’s market pullback, so-called Magnificent Seven stocks bled over $650 billion worth of capital. The global equity market realigned with a combined market signaling coming from Warren...
Wix.com (NASDAQ:WIX) has reported its financial results for the second quarter of 2024, showcasing a robust performance fueled by strategic initiatives and product innovations. The company saw...
In a volatile market, three tech giants are making waves on Wall Street today: Palantir Technologies (NYSE:PLTR), NVIDIA Corporation (NASDAQ:NVDA), and Uber Technologies (NYSE:UBER).Each company has...
Outside of bounds of a regular commercial company, Peter Thiel’s Palantir Technologies Inc (NYSE:PLTR) is often associated with inner workings of state power. Co-founder and current Palantir CEO,...
Uber Technologies (NYSE:UBER) demonstrated a strong financial performance in Q2 of 2024, with Gross Bookings increasing by 19% to $40.0 billion. Uber showcased a robust financial performance for the...
Caterpillar Inc (NYSE:CAT) reported a mixed performance in the second quarter of 2024, with sales and revenues declining by 4% compared to the same period last year. Caterpillar reported its...
As the market reacts to recession signals, the CBOE Volatility Index (VIX) briefly broke above 60 on Monday, climbing 163% over 5 days. Otherwise known as the “fear index,” based on S&P 500...
Global markets plummeted on Monday due to growing U.S. recession fears and exacerbated by a reported delay in Nvidia's next-generation AI chip production. Global markets tumbled Monday as fears of a...
Global markets experienced a sharp sell-off on Friday as fears of a potential U.S. recession intensified, with tech stocks bearing the brunt of the decline. The downturn began in Asia, where Japan’s...
On Friday, the Bureau of Labor Statistics reported underwhelming figures for July’s nonfarm payrolls. Against the expected unemployment rate of 4.1%, the rate increased to 4.3%, down from June’s...
Amazon.com Inc. (NASDAQ: NASDAQ:AMZN) reported second-quarter earnings that fell short of Wall Street expectations, sending its stock tumbling in premarket trading. The e-commerce giant’s mixed...
Cummins (NYSE:CMI) exceeded market expectations in Q2 2024, with an EPS of $5.26 surpassing the projected $4.83. Cummins reported robust financial results for the second quarter of 2024, showcasing a...
Meta Platforms (NASDAQ:META) surged on strong earnings and AI progress, while Moderna (NASDAQ:MRNA) plummeted after slashing its sales outlook and Applied Materials (NASDAQ:AMAT) saw its stock drop...
Intel Corporation (NASDAQ:INTC) faces a potential class action lawsuit over reported instability issues in its latest processor generations. Intel Corporation, the semiconductor giant, is facing a...