Chime, the neobank, successfully raised $864 million in its IPO, overcoming significant early struggles and regulatory hurdles. With impressive financial results, the company's shares surged in trading, marking a remarkable turnaround.
Dollar General reports a 2.4% rise in same-store sales, surpassing expectations as higher-income shoppers flock to the retailer for value. The company is adapting to tariffs while raising its fiscal guidance for 2026.
Dollar General's shares jumped over 10% following a robust earnings report, revealing a shift in customer demographics as more middle- and higher-income shoppers flock to the discount retailer amidst tariff fears.
UnitedHealth Group's shares plummeted 23% in midday trading following a rare earnings miss, erasing nearly $120 billion in market value due to unexpected medical costs and higher care utilization.
Delta Air Lines has withdrawn its 2025 guidance as the ongoing trade war impacts business and consumer spending, causing a decline in bookings. CEO Ed Bastian emphasizes cost control amid economic uncertainty.
Macy's struggles with mixed quarterly results as CEO Tony Spring faces pressure from activist investors. While some areas show growth, challenges remain for the iconic retailer's recovery.
Super Micro Computer has filed its long-awaited annual report, avoiding delisting from Nasdaq. The stock rallied over 12% but faced volatility afterward. CEO Charles Liang emphasizes focus on growth and technology innovations.
Kroger appoints Ronald Sargent as interim CEO following the departure of longtime leader McMullen due to personal conduct issues. As Kroger prepares to report financial results, questions arise about the impact on grocery prices after a failed merger with Albertsons.
The S&P 500 has surged thanks to AI, with Palantir leading the charge. However, Qualcomm and Adobe are poised to challenge its dominance. Here's what investors need to know!
Lucid Motors announces a significant CEO change as Peter Rawlinson steps down, making way for Marc Winterhoff as interim CEO. The move comes amidst the launch of the Gravity SUV and financial results revealing both growth and losses for the company.