In a stunning turn of events, Newsmax Inc. shares plummeted 77% after an explosive two-day surge that saw the stock soar 2,230%. The rapid decline wiped out $23 billion in market value, raising questions about retail investor behavior.
Elon Musk experiences a tumultuous day as his favored candidate loses in Wisconsin, and Tesla's first-quarter deliveries fall short of expectations, raising concerns about his political and business strategies.
2024 marks a surprising shift as no chief executive from publicly traded companies has hit the $100 million pay milestone, despite several coming close, including Starbucks' leader. What’s behind this trend?
Nvidia's stock has dropped 12% amid trade tensions and geopolitical uncertainty, despite record revenues. One top investor argues it's a prime buying opportunity with strong growth catalysts ahead.
As recession fears loom, Bernstein analysts dive into the 2008-09 recession to uncover potential impacts on payment stocks. What can we learn about financial sensitivities in a downturn?