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 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 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.
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!
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.