Palantir Technologies is experiencing explosive growth in its AI platform, yet its stock has taken a hit, falling 9%. Analysts are divided on its valuation, with some seeing it as overvalued despite record revenues. What does this mean for investors?
In a groundbreaking move, Kimberly-Clark has agreed to acquire Kenvue for over $40 billion, uniting the makers of Huggies and Tylenol. This cash-and-stock deal marks one of the year's largest takeovers!
Advanced Micro Devices (AMD) shares soared after a landmark multi-year supply deal with OpenAI, potentially netting $100 billion in revenue. The stock's technical analysis suggests bullish momentum ahead.
The Baton Rouge Recreation and Park Commission faces delays in its annual state audits, despite receiving an unmodified opinion on its 2023 financial statements from EisnerAmper. Discover the implications of these delays and what it means for the agency's future.
Tesla's recent earnings call raised eyebrows as CEO Elon Musk focused on future AI and robotics ambitions while ignoring declining car sales and profits. With analysts divided, what's next for Tesla?
Starboard has acquired a more than 9% stake in Tripadvisor, signaling potential changes in the company's direction and strategies. What does this mean for the travel giant's future?
Discover how Bloomberg connects decision makers with vital information and insights, empowering them to navigate the dynamic world of business and finance effectively!
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?