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Newsmax Shares Plunge 77% After Wild Surge: What Happened?

Newsmax Shares Plunge 77% After Wild Surge: What Happened?

BUSINESS - 4/3/2025

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 Faces Setbacks: Wisconsin Election Loss and Tesla Delivery Dismay

Elon Musk Faces Setbacks: Wisconsin Election Loss and Tesla Delivery Dismay

BUSINESS - 4/2/2025

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.

Newsmax CEO Christopher Ruddy Gains $3.3 Billion as Shares Soar 735%

Newsmax CEO Christopher Ruddy Gains $3.3 Billion as Shares Soar 735%

BUSINESS - 4/1/2025

Newsmax Inc. has made headlines as its shares surged 735% in their debut, making CEO Christopher Ruddy a billionaire overnight. The conservative news network's IPO raised $75 million, closing at $83.51 after trading volatility.

Redfin Shares Soar 75% as Rocket Companies Acquires Digital Brokerage in $1.75 Billion Deal

Redfin Shares Soar 75% as Rocket Companies Acquires Digital Brokerage in $1.75 Billion Deal

BUSINESS - 3/10/2025

In a stunning move, Redfin shares skyrocketed 75% after Rocket Companies announced a $1.75 billion acquisition of the digital brokerage. Discover how this deal could reshape the mortgage landscape!

Trump Grants One-Month Tariff Exemption for Automakers Amid Trade Tensions

Trump Grants One-Month Tariff Exemption for Automakers Amid Trade Tensions

BUSINESS - 3/6/2025

In a surprising move, President Trump has granted a one-month tariff exemption to automakers in Mexico and Canada, allowing them to avoid economic disadvantage as negotiations continue. This decision comes just before reciprocal tariffs are set to take effect.

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