U.S. stocks traded lower this morning, with the Dow Jones index gaining more than 200 points on Friday. Following the market opening Friday, the Dow traded up 0.48% to 42,212.69 while the NASDAQ rose 0.65% to 18,034.35. The S&P 500 also rose, gaining, 0.50% to 5,728.62. Check This Out: How To Earn $500 A Month […]

Elon Musk expressed concerns over the financial trajectory of the United States, suggesting the nation is on the brink of bankruptcy. What Happened: As per economist E.J. Antoni on Thursday, Federal debt increased by $204 billion on the very first day of the new fiscal year, jumping to a new record of $35.669 trillion. Additionally, […]

After two straight quarters of year-over-year sales drop, Tesla, Inc. (NASDAQ:TSLA) finally found the mojo back as the electric-vehicle maker’s third-quarter deliveries pushed past the consensus forecast. Notwithstanding the beat, the EV maker’s shares fell over 3.5% in premarket trading. The negative stock reaction may have to do with the metric coming in below whisper […]

Semiconductor stocks, led by Nvidia Corp (NASDAQ:NVDA), are trading lower Monday amid reports that Beijing is encouraging Chinese firms to focus on domestic artificial intelligence (AI) chips from companies like Cambricon Technologies Corp and Huawei Technologies Co. The move marks an escalation of geopolitical tensions between China and the U.S. Nvidia suppliers and rivals including Taiwan […]

On Friday, Uber Technologies, Inc. (NYSE:UBER) announced it has partnered with Spirit Halloween to enhance its on-demand delivery services. The Spirit Halloween catalog will be accessible on Uber at the same in-store prices. Uber One members will get a $0 delivery fee and a 5% discount on Spirit Halloween orders over $35. Additionally, all consumers […]

Meta Platforms, Inc. CEO Mark Zuckerberg has reportedly moved his political ideologies from activism to regret, leaning towards classic liberalism. What Happened: Zuckerberg, once an enthusiastic activist, has grown cynical about politics due to his experiences in Washington and the political scrutiny faced by his company, reported The New York Times. His early enthusiasm for […]

On CNBC’s “Halftime Report Final Trades,” Joshua Brown of Ritholtz Wealth Management said Samsara Inc. (NYSE:IOT) hit an all-time high on Friday. On Sept. 5, Samsara reported quarterly earnings of 5 cents per share which beat the analyst consensus estimate of 1 cent per share. The company reported quarterly sales of $300.20 million which beat […]

Shares of NIKE, Inc. (NYSE:NKE) rose sharply in today’s pre-market trading after the company announced a CEO transition. After the market close on Thursday, Nike announced that longtime Nike veteran Elliott Hill will become president and CEO of Nike, effective Oct. 14. Hill will also become a director on the board and a member of […]