Financial News
SpaceX to Sell Shares, Valued at Over $200 Billion
Elon Musk’s SpaceX is preparing to conduct an insider share sale via a tender offer, which Bloomberg reports will value the commercial rocket...
Nvidia Stock Sinks 5%, Market Cap Loses $500 Billion
Nvidia’s historic stock rally experienced further setbacks on Monday, as shares of the leading artificial intelligence technology company continued to decline, marking one...
Jensen Huang’s Net Worth Hits $119B as Nvidia Leads in Value
Nvidia’s CEO, Jensen Huang, has experienced a remarkable surge in his net worth, which soared to approximately $119 billion, catapulting him to the...
GameStop Stock Drops Over 11% After CEO’s Meeting Comments
Following GameStop’s annual shareholder meeting, the company’s stock experienced a significant decline of over 11%. The meeting, which featured CEO Ryan Cohen, highlighted...
Paramount Shares Drop After Skydance Merger Talks End
Paramount Global experienced a significant drop in its share value on Tuesday, declining nearly 8% just before the market closed. This sharp decrease...
Nvidia Shares Fall to $120 After Stock Split
Nvidia’s share price has hit its lowest level since late 2022 after the company implemented a long-planned stock split. This move, which underscores...
RFK Jr. Buys $24K GameStop Stock, Joins Meme Stock Craze
Robert F. Kennedy Jr. has joined the meme stock frenzy, revealing that he purchased $24,000 worth of GameStop stock, appealing to the social...
Peloton Stock Surges 15% on Private Equity Buyout Speculation
Peloton shares surged by 15% on Tuesday morning, marking the company’s most substantial single-day gain on Wall Street in over four months. The...
Starbucks Stock Hits 21-Month Low on Disappointing Sales Report
Starbucks faced a sharp decline in its stock value, dropping to its lowest point since July 2022, after reporting disappointing quarterly earnings. The...
Regulators Seize Republic First Bank in First Collapse of 2024
Philadelphia’s financial landscape trembled as Republic First Bancorp, a regional stalwart, found itself in the grips of Pennsylvania regulators, marking the inaugural banking...
