Rivian Automotive beat Wall Street’s expectations for the third quarter, as the company reported its second quarterly gross profit this year.… MORE
Category Archives: Top News
Stocks making the biggest moves after hours: AMD, Super Micro, Live Nation, Axon Enterprise and more
These are the stocks posting the largest moves in extended trading.… MORE
Super Micro stock drops on slumping sales, weak earnings
Super Micro has been a big beneficiary of the AI boom, but revenue and earnings in the latest quarter fell short of estimates.… MORE
Pinterest shares plummet 15% on earnings miss, weak forecast
Pinterest shares tanked on Tuesday after the company reported third-quarter financial results that missed on earnings per share and provided weak guidance.… MORE
Stocks close lower hit by AI valuation concerns, Nasdaq drops 2% after Palantir earnings
Stocks fell on Tuesday, pressured by declines in artificial intelligence-related names like Palantir.… MORE
Cava cuts full-year forecast, in another warning sign for fast-casual restaurants
The Mediterranean chain reported same-store sales growth of 1.9% and flat traffic for the third quarter.… MORE
Amazon-backed eVTOL company Beta Technologies closes up nearly 6% in NYSE debut
Beta’s IPO marks a big step for the electric vertical takeoff and landing industry that’s been vying for approval from the Federal Aviation Administration.… MORE
Palantir stock drops 8% on valuation concerns as CEO Karp rips short seller ‘market manipulation’
Wall Street analysts raised concerns about Palantir’s elevated valuation and famed hedge fund manager Michael Burry revealed a short position.… MORE
Alex Karp blasts ‘Big Short’ investor Michael Burry as ‘bats— crazy’ for bets against Palantir, Nvidia
“The idea that chips and ontology is what you want to short is bats— crazy,” Alex Karp said.… MORE
Crypto sell-off pushes bitcoin below $100,000, ether sheds 10%: CNBC Crypto World
On today’s episode of CNBC Crypto World, bitcoin drops below $100,000 for the first time in more than four months as the November crypto sell-off continued. Plus, Sam Bankman-Fried’s legal team argued for a retrial before a federal appeals court. And, Bitwise CIO Matt Hougan discusses how the Bitwise Solana Staking ETF has performed in…… MORE