Latest Updates Around The World
Micron Technology, Inc. (NASDAQ:MU) Shares closed on Friday as the company celebrated the grand opening of its semiconductor assembly and testing facility in India. The move came on a challenging trading day, with major indexes like the S&P 500 and Nasdaq also seeing declines, adding to pressure as broader markets headed lower. The facility is […]
Beast Industries has suspended a video editor associated with YouTube star Mr. Beast after a forecast market investigation revealed insider trading violations. The action follows disciplinary action from prediction platform Kalshi, which fined and banned its editor for two years after detecting suspicious transactions linked to unreleased video results, BBC reports. Allegations of insider trading […]
Berkshire Hathaway Inc. (NYSE:BRK) unveiled a leadership transition plan as Gregory E. Abel steps into the role of CEO and promises to maintain the conglomerate’s long-standing culture and capital discipline. “Warren is obviously a very difficult act to follow,” says Abel wrote in the company’s annual report. Revenue snapshot Fourth quarter operating income was $10.2 […]
Tesla Inc. (NASDAQ: TSLA) sues California Department of Motor Vehicles (DMV) after the automaker dropped the term “Autopilot” from its marketing efforts amid the false advertising row. Tesla is unfoundedly labeled as a false advertiser, the court said Lawyers representing Elon Musk’s EV giant argue the agency has not proven there was confusion among customers […]
This week is packed with earnings reports from the world’s largest publicly traded company, several energy names, retailers, technology companies and more. Here’s a look at the earnings playbook for the week ahead: Monday February 23 Before the market opens: After market close: However, investor sentiment remains cautious due to the lawsuit Novo Nordisk AS […]
The CNN Money Fear and Greed index showed some relief in overall fear levels, while the index remained in the ‘Fear’ zone on Wednesday. US stocks closed higher on Wednesday, with the Dow Jones index gaining more than 100 points on the session, as investors digested the release of the minutes of the Federal Reserve’s […]
GAAP operating income fluctuates positively as key metrics improve The company reported revenue of $18.67 million under generally accepted accounting principles, compared to a negative $2.76 million in the previous quarter. GAAP operating income increased to $3.94 million, compared to an operating loss of $17.86 million in the previous quarter. Beneficient also stated that net […]
After a long period of technology-dominated megacap leadership, the market has entered 2026 on less stable ground. SP 500 (NYSE:SPY) is breakeven for the year, while the Magnificent 7 shares average a negative 7.3% return. Rising AI investments are creating jitters among investors and raising questions about future margins, even as industry giants like Amazon […]
U.S. stock futures swung between gains and losses on Friday after Thursday’s lower close. Futures on major benchmark indices were mixed. Investors, as experts say, are waiting for January’s inflation figures Tom Lee estimates that core CPI will fall to 2.52% year-on-year – matching the 2017-2019 average and signaling a return to pre-COVID-19 inflation. Meanwhile, […]
Analyst Michael Feniger maintained a buy rating and raised the price forecast from $735 to $825. Increasing customers’ capital expenditure The analyst notes that the announcement by a major turbine customer (The Williams Companies) of substantial capital expenditure increases for 2026 is expected to significantly strengthen Caterpillar’s business prospects. These strategic spends are expected to […]
