Eastman Kodak warns investors of possible insolvency as it struggles with $500 million in upcoming debt. The company plans to halt pension payments in a bid to raise cash amidst a turbulent business landscape.
After Trump announced controversial tariffs, investor confidence plummeted, leading to a significant stock market selloff. Experts warn of potential inflation and recession as economic concerns mount.
As the Dow, S&P 500, and Nasdaq Composite hover near record highs, investors are anxious about upcoming inflation data that could shake the markets. Will the 'Fed put' stabilize or chaos ensue? Find out what experts are saying!
Rumble is making waves with a potential $1.2 billion acquisition of Northern Data AG, aiming to redefine its role in the AI infrastructure market. While RUM stock rises, Northern Data shares dip significantly. Get the inside scoop on this transformative deal!
Google is testing a groundbreaking AI-powered finance tool that allows users to ask natural language questions, access real-time financial data, and utilize advanced charting tools. Discover how this innovative tool will transform your financial experience!
Palantir Technologies Inc. is experiencing a staggering 2,500% stock surge since its 2021 debut, fueled by AI advancements and strong government ties. Discover the factors behind this meteoric rise!
In a bold move, President Trump suggested merging Fannie Mae and Freddie Mac into a new entity, 'MAGA', which could be publicly traded. This proposal comes as the government plans to sell its stakes in these vital mortgage giants, potentially generating billions.
HSBC's pretax profit dropped 26% in the first half, signaling challenges ahead for CEO Elhedery as losses mount in China. The bank restructures to adapt to changing markets amid a struggling property sector.
UnitedHealth Group's stock continues to decline as the insurer battles rising medical costs and a challenging earnings outlook. Following the abrupt CEO change, the company anticipates no earnings growth until 2026.
Spotify reported a rise in premium subscribers to 276 million and MAUs to 696 million, but faced a surprising quarterly loss. CEO Daniel Ek emphasizes long-term growth despite recent challenges.