Icahn Fined for Hidden Loans
The Securities and Exchange Commission (SEC) announced on Monday that billionaire activist investor Carl Icahn illegally failed to disclose billions of dollars in personal margin loans secured against his Icahn Enterpris...
Banking on Redemption
Shares of New York Community Bank (NYCB) surged on Thursday, propelled by news of a $1 billion rescue orchestrated by former Treasury Secretary Steven Mnuchin and his firm, Liberty Strategic Capital.
Financial Turbulence and R...
Inside the Billionaire Exodus
As the market scales dizzying heights, a wave of high-profile figures is seizing the opportunity to offload hefty chunks of their company shares. From tech titans to financial moguls, the sell-off frenzy is hitting head...
Navigating the Energy Maze
Plug Power Inc. experienced a remarkable 31% surge in its shares on Tuesday following the announcement of a new funding arrangement in the alternative energy sector. Despite this, BMO Capital Markets analyst Ameet Thakkar ...
Whopper of a Deal
Burger King, owned by Restaurant Brands International Inc., revealed a strategic move on Tuesday with the acquisition of its largest U.S. franchisee, Carrols Restaurant Group Inc., in a noteworthy deal valued at...
Winter Wheels
American car dealers rev up the winter sales season. This year-end, they are rolling out generous incentives and discounts to clear out older vehicle stocks and make way for the exciting new models arriving in the new year.
For over f...
Paramount's Chessboard
The Norwood, Mass.-based exhibitor, founded by Michael Redstone, currently holds a commanding 77% of Paramount's Class A (voting) shares—a critical factor for those eyeing control of Paramount Global....
Breaking Expectations
Abercrombie and Fitch is on a triumphant rebound, defying industry slowdowns with a remarkable 20% surge in sales.
This stellar performance, driven by a robust back-to-school shopping season and notable growth in both its flag...
Decrypting Palo Alto's Plunge
Palo Alto Networks (ticker: PANW) witnessed a 6.3% decline in premarket trading, landing at $240.00, as the market grappled with its lower-than-expected billings. While the cybersecurity company attributed this to accom...
Palo Alto Networks Shatters Expectations
PANW experienced a significant pre-market trading boost after releasing its strong Q4 earnings report. The cybersecurity firm surpassed projections and raised its annual sales forecast.
In the post-market re...
Ackman's Billion-Dollar Bet
Billionaire investor Bill Ackman's hedge fund, Pershing Square Capital Management, strategically increased holdings in Google's parent company, Alphabet, during Q2, capitalizing on the company's push into AI technologies....
AT&T Fights Back
AT&T shares surged as the company defended itself in court against concerns regarding lead cables. The wireless carrier clarified that these cables make up a small fraction of its netw...
Pfizer's Weight Loss Drug Halted
Pfizer Inc. shares fell after halting the development of an oral weight loss drug due to safety concerns, causing investor worry about a competing therapy. The decision was based on elevated levels of liver enzymes f...
The Ups and Downs of Stocks
Get a quick snapshot of the stock market's top gainers and decliners in this concise update. Stay informed about the companies experiencing significant shifts in stock prices and understand the factors driving their perfo...
Tesla's Stock Skyrockets
Tesla, Inc. (NASDAQ:TSLA), a leading electric vehicle manufacturer known for its innovative technology and sustainable vision, has witnessed a remarkable surge in its stock performance this year. With nearly doubled value, T...
Stock Meltdown
Advance Auto Parts Inc., a top auto parts seller, saw its stock prices decline on Wednesday due to disappointing Q1 earnings, reduced dividend, and lowered full-year outlook amidst intense pricing competition.
Stock Performance and T...
Board shake-up sends Cano Health shares soaring
Cano Health, a leading value-based primary care provider and population health company, has experienced a few days of volatile trading. Here's what you need to know.
Board members resign, sparking sha...
Stock market on Friday
The US stock market ended Friday's trading with gains in the utilities, health care and consumer goods sectors.
At the close on the New York Stock Exchange, the Dow Jones was up 0.41 per cent, the S&P 500 was up 0.56 per ...
After the close of trading
On Friday, the US stock market experienced a fall, with negative dynamics from the financial, industrial, and commodity sectors.
The Dow Jones dropped by 1.07% to reach a three-month low, while the S&P 500 and NASDAQ ...
Oracle's Cloud Revenue Soars by 45% But Fails to Meet Expectations - Shares Drop in Extended Trading
Oracle report and shares
Oracle Corp. has reported its fiscal third-quarter revenue, which increased by 18% to $12.4 billion, a figure that is just shy of analysts' average estimate of $12.41 billion.
The company's cloud revenue segment, which it h...
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