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28 articles with this tag

Palantir drops 10% for worst day since May as investors continue dumping onetime market favorite

Palantir shares tumbled on Monday, building on last week's declines as the hot trade continued to show signs of sputtering. The technology and...

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London’s FTSE 100 rises amid hopes of new UK-US trade deal

London’s FTSE 100 rose on Friday as hopes increased of a potential trade deal between the UK and the US, following a week of crunch talks in...

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Lucid CEO steps down; EV maker plans to more than double production in 2025

Electric vehicle maker Lucid Group on Tuesday said CEO Peter Rawlinson has stepped down as the company expects to more than double vehicle production...

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GM raises quarterly dividend, initiates $6 billion stock buyback

DETROIT – General Motors is raising its quarterly dividend and initiating a new $6 billion share repurchase program as the company attempts to...

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Trump Media offers DJT shares to FBI pick Kash Patel, Linda McMahon and president’s son

Trump Media on Jan. 28 awarded thousands of shares of company stock to President Donald Trump's then-nominee for FBI director, Kash Patel, to Trump's...

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Shares of world's largest brewer AB InBev pop 9% after posting fourth-quarter revenue beat even as volumes slide

Shares of the world's largest brewer AB InBev jumped nearly 9% on Wednesday after the company posted better-than-expected fourth-quarter sales...

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Super Micro Computer shares surge 12% after company files delayed financials by deadline

Super Micro Computer shares rallied 12.2% after the AI server company filed its delayed financial results by the Nasdaq's deadline. The company's...

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Here's why Workday and Lowe's shares could soon rally, according to one strategist

Investors can find buying opportunities in Workday and Lowe's after their encouraging financial results, according to Miller Tabak chief market...

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Mediobanca rejects MPS takeover bid, calling it ‘destructive of value’

Mediobanca rejected a €7bn takeover bid from MPS, calling it “destructive of value” and warning it would weaken its business model.

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Salesforce sinks on weak guidance — here's the biggest takeaway for the bulls

Salesforce shares fell in extended trading Wednesday on mixed quarterly results and weak guidance. However, the enterprise software giant's AI...

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