Tesla faces its worst quarterly results in four years as sales drop 9% and income plummets 71%. Elon Musk's return to the helm raises questions about the company's future amid tariffs and competition.
PepsiCo's latest quarterly results reveal a decline in North American demand despite strong international sales. The company has cut its earnings forecast due to new tariffs and economic uncertainty, leading to a 2% drop in shares.
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U.S. stock index futures fell sharply as President Trump’s criticism of the Federal Reserve raises concerns about central bank independence. With ongoing trade tensions and economic uncertainty, investor confidence is shaken. Netflix sees gains on positive revenue outlook while Tesla faces delays in Model Y launch.
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.
Netflix is set to reveal its first-quarter earnings, marking a strategic shift away from disclosing subscriber data. Investors are keen to learn how tighter consumer spending might affect subscriptions amid a tumultuous market for traditional media.
California Governor Gavin Newsom is set to announce a landmark lawsuit against President Trump's executive authority on tariffs, claiming they harm families and businesses. This bold move marks Newsom's active engagement in legal battles against the Trump administration as the state faces potential economic fallout.
Neptune, a new short-form video app, aims to rival TikTok by prioritizing creativity over follower count. With unique features like ghost metrics and diverse revenue options, it promises a refreshing social media experience for creators.
General Motors announces a significant reduction in production of its BrightDrop electric delivery vans, impacting 500 jobs and leading to a 20-week idling of the CAMI assembly plant in Canada. This decision reflects a shift in market demand as the automaker struggles to meet revenue expectations for the new subsidiary.
BlackRock reported a first-quarter net income of $1.5 billion, falling short of Wall Street's expectations. Despite this, adjusted earnings exceeded forecasts, raising questions for investors.
