Topline The five richest people in the world are worth nearly a combined $46 billion less Thursday afternoon due to a market sell-off spurred by dumping of artificial intelligence stocks, mixed fourth quarter results from Disney and general economic uncertainty as the longest government shutdown in American history comes to an end. Elon Musk, the…
Shares of aerospace and defense company Rocket Lab (NASDAQ:RKLB) fell in the morning session after the company reported underwhelming third-quarter results. The space company posted record third-quarter revenue of $155.08 million, a 48% increase from the same period in the previous year. Looking ahead, Rocket Lab also gave an upbeat forecast for fourth-quarter revenue between $170…
We recently published 12 Latest Stocks on Jim Cramer’s Radar . Pfizer Inc. (NYSE:PFE) is one of the stocks Jim Cramer recently discussed. Jim Cramer has discussed pharma giant Pfizer Inc. (NYSE:PFE) several times recently. He has repeatedly commented on how the stock trades more like a bond rather than an equity due to its…
Veterans Day is here, the holiday celebrated annually to honor Americans who have served in the military. The history of Veterans Day dates back to 1919, when President Woodrow Wilson set Nov. 11 that year as the first commemoration of Armistice Day after World War I. In 1956, Congress voted to change the name of…
At a stock exchange in China, investors watch stock price fluctuations. (Photo/Xinhua) Chongqing – China’s stock market ended the first three quarters of 2025 on an upward trajectory across major indices, reflecting an overall increase in market valuations. Technology has emerged as one of the key driving forces behind this rise. According to Wind data,…
This article first appeared on GuruFocus. The stock market ignored Palantir (PLTR, Financials) greatest quarter.The software and AI startup reported $1.18 billion in revenue and $0.21 per share in Q3 results this week, exceeding analyst expectations. On paper, that wins. But Palantir’s stock plunged 12% in the days after the revelation, proving that high expectations…
Stocks jumped Monday as a bipartisan deal to end the federal government shutdown gained traction in the Senate, though it lacked any clear resolution to expiring health care tax credits that Democrats have been fighting for. Investor optimism for an end to the longest federal government shutdown in U.S. history buoyed the S&P 500 by…
young man standing in front of the projection reflected stock market | Image Credits:Getty Images A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced…
The Trump administration has made quantum computing development a priority. (Bloomberg) — Rigetti Computing Inc (RGTI). and D-Wave Quantum Inc. (QBTS) make products that so far have few real world applications. They’re burning through cash and aren’t expected to generate significant amounts of revenue for years. Despite all that, investors can’t get enough of them….
Nvidia (NVDA) stock led a sell-off in tech on Friday, plunging as much as 4% as AI valuations continued to be top of mind for investors. Concerns about an artificial intelligence-driven stock market bubble have led to bumpy trading for shares of the “Magnificent Seven” companies in the past week. Circular deals among key players…