Stock Market
Jersey Mike’s IPO Reveals Family Pay and $41M Private Jet Deal
Jersey Mike’s has officially filed for an initial public offering, with documents released Thursday outlining the sandwich chain’s plan to go public while...
Tesla Shares Sink 8% Despite Strong Q2 Delivery Beat
Tesla shares dropped about 8% on Thursday even after the electric vehicle maker reported second-quarter delivery figures that comfortably exceeded Wall Street expectations,...
Elon Musk Falls Below $1 Trillion as SpaceX Shares Decline
Elon Musk is no longer a trillionaire after a decline in SpaceX shares reduced his net worth by more than $50 billion on...
Elon Musk Reclaims Trillionaire Status as SpaceX, Tesla Rally
Elon Musk has once again become a trillionaire after strong gains in SpaceX and Tesla shares added more than $60 billion to his...
Larry Ellison Loses $100 Billion as Oracle Slide Hits Fortune
Larry Ellison has fallen to seventh place on the global wealth rankings after a prolonged decline in Oracle’s share price erased more than...
Comcast to Spin Off NBCUniversal Into Separate Public Company
Comcast announced Monday that it will separate its technology and media operations through a tax-free spinoff of NBCUniversal and Sky, creating two independent...
Micron Shares Surge 15% on Record Earnings and Strong Outlook
Micron shares climbed as much as 15% in after-hours trading on Wednesday after the memory chipmaker delivered the strongest quarterly financial results in...
Wendy’s Shares Jump 37% as Reddit Meme Stock Frenzy Returns
Wendy’s shares surged on Wednesday after a wave of buying activity driven by retail traders on Reddit reignited interest in the fast-food chain....
SK Hynix Targets $29 Billion Nasdaq Listing in U.S. Debut
South Korean memory chip giant SK Hynix announced Tuesday that it intends to raise approximately $29.65 billion through a Nasdaq listing, marking the...
Elon Musk Loses $350 Billion as SpaceX Slump Deepens
Elon Musk’s fortune has fallen by more than $350 billion as shares of SpaceX continued their sharp decline for a third consecutive trading...
