Finance

Cathie Wood’s Ark Invest Accelerates Crypto Asset Purchases Amidst Market Downturn

Strategic acquisitions of cryptocurrency-linked equities and ETFs signal confidence despite Bitcoin’s notable price decline and market uncertainty

Amid significant downturns in cryptocurrency valuations, particularly Bitcoin's drop below $73,000, Ark Invest, led by Cathie Wood, undertook notable ...

Cryptocurrency Market Suffers Sharp Declines Amid Renewed Fear; Analyst Eyes Potential Short-Term Rebound

Bitcoin and Ethereum Drop Significantly While Dogecoin Holds Steady; Market Sentiment Registers 'Extreme Fear'

The cryptocurrency sector experienced notable downturns on Wednesday, with major digital assets like Bitcoin and Ethereum sliding considerably. Invest...

Nvidia Approaches Historic $20 Billion Investment in OpenAI Amidst Partnership Speculation

Top Executives Address Rumors as Nvidia Considers Unprecedented Funding Commitment to AI Startup

Nvidia, under the leadership of CEO Jensen Huang, is reportedly nearing a $20 billion investment in artificial intelligence startup OpenAI, marking th...

Market Overview: Significant Movements in SMCI, CMG, PYPL, NVO, and AMD Stocks

U.S. equities fell broadly on Tuesday amid notable corporate earnings and outlook announcements across major technology and healthcare sectors

U.S. stock indices experienced declines on Tuesday, with key firms reporting earnings that shaped their individual stock performances. Super Micro Com...

PayPal Shares Plunge Over 20% Amid Leadership Change and Weak Financial Outlook

Unexpected CEO exit and underperforming quarterly results drive steep market value decline

PayPal Holdings, Inc.'s stock experienced a sharp decline exceeding 20% after announcing an immediate CEO departure, lower-than-expected Q4 earnings, ...

GM CEO Highlights Underutilization of Plug-In Hybrids, Emphasizes Focus on Full Electric Vehicles

Mary Barra points to user charging habits and capital discipline as key factors shaping GM's EV strategy

General Motors CEO Mary Barra acknowledged at a Detroit conference that many drivers of plug-in hybrid vehicles fail to regularly charge them, which u...

Disney Selects Josh D’Amaro as Next CEO: An In-Depth Profile

Leadership transition set for 2026 brings focus to longtime Disney executive Josh D’Amaro’s journey and vision

Walt Disney Company announced that Josh D’Amaro, current chairman of Disney Experiences, will succeed Bob Iger as CEO in March 2026. With nearly thr...

Super Micro Computer Surges After Exceeding Q2 Financial Expectations

Strong AI-focused growth and upbeat outlook drive stock higher in after-hours trading

Super Micro Computer, Inc. experienced a notable increase in its stock price following the release of its second-quarter earnings report, which surpas...

Equity Markets Retreat Amid Elevated AI Concerns and Geopolitical Tensions

Nasdaq leads losses on AI sector pressure; retail players and treasury yields rise

The stock market experienced a marked decline, with technology sectors facing substantial pressure due to growing apprehension surrounding artificial ...

Take-Two Interactive Delivers Strong Q3 Earnings and Raises Outlook Ahead of Grand Theft Auto VI Launch

Robust revenue growth and net bookings signal promising financial trajectory for gaming giant

Take-Two Interactive Software, Inc. reported impressive third-quarter earnings surpassing analyst expectations on revenue and earnings per share. The ...

nLIGHT Inc Shares Decline After Hours Following Announcement of Proposed Stock Offering

LASR faces short-term selling pressure despite sustained long-term upward trend amid equity offering news

nLIGHT Inc (NASDAQ:LASR) witnessed a nearly 9% drop in after-hours trading triggered by its announcement of a planned public offering of common stock....

Chipotle Surpasses Q4 Revenue and Earnings Expectations, Projects Static Comparable Sales in 2026

Chipotle's robust restaurant expansion and digital sales contribute to Q4 outperformance despite declining transactions

Chipotle Mexican Grill delivered stronger-than-expected financial results in the fourth quarter, driven by revenue growth from new store openings and ...