Megacap tech stocks make some room here is where investors are branching outMarket rotation indicates a shift from tech stocks to financials and industrials, driven by expectations of Trump's pro-business policies.
Some Longtime Reddit Moderators Possibly Got Quite Rich Today Following the Company's IPOReddit IPO shares soared 48% to $50.31, above the initial $34 price.Reddit, founded in 2005, had never turned an actual profit, with cumulative losses of $717 million by December 2023.
Live Market Updates: Nasdaq Drops & Disney SurgesMajor stock indexes are slightly down, but losses are minimal.Disney's streaming profits indicate a positive shift in its business model.
Live Markets Today: Nasdaq Composite Down, Dow Hits 44,000, and Tesla Rallies | TSLA, MSTR, CRM, NVDAFinancials are leading market performance due to anticipation of regulatory changes under Trump, while tech stocks face challenges.The Russell 2000 is gaining traction, in contrast to the declining Nasdaq.
Some Longtime Reddit Moderators Possibly Got Quite Rich Today Following the Company's IPOReddit IPO shares soared 48% to $50.31, above the initial $34 price.Reddit, founded in 2005, had never turned an actual profit, with cumulative losses of $717 million by December 2023.
Live Market Updates: Nasdaq Drops & Disney SurgesMajor stock indexes are slightly down, but losses are minimal.Disney's streaming profits indicate a positive shift in its business model.
Live Markets Today: Nasdaq Composite Down, Dow Hits 44,000, and Tesla Rallies | TSLA, MSTR, CRM, NVDAFinancials are leading market performance due to anticipation of regulatory changes under Trump, while tech stocks face challenges.The Russell 2000 is gaining traction, in contrast to the declining Nasdaq.
Eventbrite is laying off 11% of its staffEventbrite is reducing its workforce by 11%, expecting costs of $7 million.Eventbrite previously cut 8% of its staff in February 2023.
Tesla's profits sank sharply in the second quarter of 2024Tesla's Q2 earnings show a 2% revenue increase but a 45% drop in net income, with gross margins at their lowest in six years.
Down by 22%, this stock is a potential tenbagger in the oil industry - London Business News | Londonlovesbusiness.comPar Pacific Holdings (PARR) is down 22% YTD but has significant growth potential, offering good value with strong financials for long-term investors.
Better taps Chad Smith as new president and COOChad Smith appointed as president and COO of Better's mortgage business.
The IBM-HashiCorp coupling could be more complicated than it seems | TechCrunchAn acquisition involves more than just a strategic fit; financial aspects must also be considered.
Ford looks to future EV breakthroughs - and smaller cars - to staunch the bleedingFord is facing significant losses in its EV division, but aims to improve financials with smaller and more affordable electric vehicles.
Ibotta Crosses The IPO Finish Line - Now The Real Work Begins | AdExchangerIbotta's evolution highlights the shift from third-party data to retail media networks for revenue growth.