Robinhood Markets is officially joining the S&P 500, marking its transition from a pandemic trading app to a significant player in U.S. finance. This inclusion is expected to boost stock demand and reflects the company's growing credibility among institutional investors.
Evergrande, once a giant in China's real estate, has been delisted from the Hong Kong stock exchange after a prolonged trading freeze. The company faces liquidation, having lost over 99% of its market value since its peak in 2017, amid a broader downturn in the property sector.
Nvidia's stock has soared over 1,400% since October 2022, making it a key player in the tech market. As the company prepares to report earnings, investors are anxious about the impact on the broader market amidst recent tech stock declines.
In a surprising move, President Trump announced that Intel's CEO has agreed to pay $10 billion to the U.S. government, marking a significant federal intervention in the tech industry. This deal represents 10% of Intel's market value and could reshape the landscape for American chipmakers.
U.S. stock futures indicate losses as Trump's new tariffs on Brazilian goods challenge Nvidia's record rally. Analysts discuss the implications for the market's future.
The approval of a landmark stablecoin bill by the U.S. Senate has sent crypto stocks skyrocketing, paving the way for broader adoption and regulatory clarity in the crypto sector. Major players like Circle are set to benefit significantly.
Krispy Kreme's stock dropped 24% following an announcement to reassess its partnership with McDonald's. With economic concerns affecting spending, the doughnut chain has pulled its outlook for the year.
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.
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.
Newsmax Inc. is experiencing an unprecedented surge in its stock, skyrocketing 1,160% since going public. The stock's explosive debut has captivated investors and analysts alike.