The market’s reaction to early corporate earnings this quarter was unusual, revealing an interesting disconnect between financial performance and investor reaction. Traditionally, when companies exceed earnings per share expectations, their stock prices tend to rise. Yet this earnings cycle tells a different story. Read next: Latest Beyond Meat short-seller? Martin Shkreli, of course Companies that […]
US stocks traded higher towards the end of trading, with the Nasdaq Composite gaining 1% on Thursday. The Dow Jones rose 0.40% to 46,774.97, while the NASDAQ rose 1.00% to 22,968.42. The S&P 500 also rose, gaining 0.72% to 6,747.32. Check this out: The top two utility stocks you might want to dump this quarter […]
IMAX Corp (NYSE:IMAX) shares rose Thursday after it reported third-quarter financial results. Here are the highlights. The details: IMAX reported quarterly adjusted earnings per share of 47 cents, destroying analysts’ consensus estimate of 38 cents. Quarterly revenue totaled $106.65 million, up 17% year over year and surpassing analyst consensus estimates of $105.16 million. Also read: […]
Nokia Corporation (NYSE:NOK) shares rose about 10% on both the US (NYSE) and Helsinki (HEL) stock exchanges, following an earnings beat in the third quarter of fiscal 2025. Details The company reported net sales growth of 12% year-on-year (Y/Y) to 4.82 billion euros ($5.65 billion), surpassing analysts’ consensus estimate. by $5.38 billion. The growth was […]
President Donald Trump warned that the U.S. economy would face significant challenges if the Supreme Court rules against most of the tariffs imposed this year. Trump underlines the revenue and leverage of tariffs Trump, in an interview with Maria Bartiromo on ‘Sunday Morning Futures’ highlighted the importance of tariffs for both revenues and diplomatic clout. […]
The future of America’s baby boomers is under threat, warns the author of ‘Rich Dad, Poor Dad’ Robert Kiyosaki. In a post on X last week, Kiyosaki predicted a looming homelessness crisis among this generation, attributing the looming problem to Federal Reserve policies. Kiyosaki was a baby boomer himself and believed that the Federal Reserve’s […]
Two United Airlines Holdings Inc. (NASDAQ:UAL) passenger planes collided on the tarmac at Chicago O’Hare International Airport on Friday afternoon, the airline said. View the current price of UAL shares here. According to Unpleasant WGN, Flight UA2652, arriving from Jackson Hole, Wyoming, collided with the horizontal stabilizer of a parked Boeing 767 while taxiing to […]
The Trump administration asked the U.S. Supreme Court on Friday to allow the deployment of National Guard troops to Chicago after lower courts halted the move. In an emergency request, the Justice Department asked the court to quash an injunction that halted the deployment of hundreds of troops while the legal battle continued. Courts block […]
Shares of Applied Digital Corp (NASDAQ:APLD) are falling sharply on Friday, caught in a broader sell-off in crypto-related stocks Bitcoins (CRYPTO: BTC) price previously fell below $104,000. Here’s what investors need to know. What you need to know: The cryptocurrency market has faced significant pressure after President Trump’s comments on Chinese tariffs failed to spark […]
Y-combinator CEO Gary Tan once revealed how he once turned down a life-changing offer from a billionaire investor Peter Thiel – a decision that, by his own estimate, cost him around $200 million Palantir Technologies (NASDAQ:PLTR) stock. The dinner with Peter Thiel that changed everything Tan, now one of the most influential venture capitalists in […]