Tesla, Inc. (NASDAQ:TSLA) shares pulled back sharply in premarket trading on Friday as the much-hyped Robotaxi unveil event, which went by the name “We, Robot” did not generate the kind of positive sentiment the market was hoping. CEO Elon Musk demoed the Cybercab, Tesla’s completely autonomous vehicle, at the event held in Los Angeles. The […]
Shanthi Rexaline | October 11, 2024
Nvidia Corp.’s (NASDAQ:NVDA) nearly two-year run continues unabated even amid market swings as the Jensen Huang-led company has emerged as the poster child of artificial intelligence technology. The Wild Rally: Nvidia is the second best-performing S&P 500 stock for the year-to-date period behind only utility company Vistra Corp. (NYSE:VST). After ending 2023 with a robust […]
Shanthi Rexaline | October 9, 2024
Chevron Corporation (NYSE:CVX) and Canadian Natural Resources Limited (NYSE:CNQ) shares are trading higher premarket on Monday. Chevron’s subsidiary penned a deal to sell a stake in several projects and assets to Canadian Natural Resources for $6.5 billion in cash. In particular, the oil and gas giant plans to sell its 20% non-operated stake in the […]
Lekha Gupta | October 7, 2024
Spirit Airlines, Inc. (NYSE:SAVE) shares are moving lower on Friday following a report suggesting that the company is exploring the possibility of filing for bankruptcy. The Details: According to the Wall Street Journal, Spirit has been in talks with bondholders and creditors regarding support for a Chapter 11 bankruptcy. This comes after a federal district […]
Dylan Berman | October 4, 2024
Amazon.Com Inc (NASDAQ:AMZN) targets more advertisements across its television shows and movies on Prime Video in 2025, taking a cue from Netflix Inc (NASDAQ:NFLX) and Walt Disney Co (NYSE:DIS) Disney+, the Financial Times cites Kelly Day of Prime Video International. Day told FT that Amazon had ramped up spending on Prime content, including more on […]
Anusuya Lahiri | October 3, 2024
June 10, 2024