In February 2021, special-purpose acquisition company (SPAC) Churchill Capital announced a reverse merger with luxury EV maker Lucid Motors. Churchill had gone public at $10 a share in September 2020 and the stock price…
AMD's launch party for its latest AI processors included appearances by several special guests all aligned behind the new chips.
Chipmaker AMD is launching its latest AI chip on Wednesday, and the company is expected to outline its AI plans going forward.
The AI Alliance sprung up Tuesday morning. The alliance's goals appear to favor the laggards, not the leaders in AI.
Shanghai-based EV maker Nio Inc. (NYSE: NIO | NIO Price Prediction) raised $1 billion in its September 2018 IPO, selling 160 million American Depositary Receipts (ADRs) at $6.26 per ADR. The company initially expected…
Alaska Air has announced an agreement to purchase Hawaiian Air for $18 a share, a premium of 270%. Why are investors cautious?
Electric vehicle maker Rivian Automotive (NASDAQ: RIVN | RIVN Price Prediction) began trading in the public markets on November 10, 2021. The company raised $12 billion in cash, selling 153 million shares for a…
Tesla CEO Elon Musk delivered a handful of the company's Cybertrucks to the vehicles new owners. The only surprise was the price.
Ford released new guidance for its 2023 fiscal year on Thursday morning. The company withdrew prior guidance in October.
Shares of mall-store operator GameStop jumped more than 13% Tuesday and traded up another 13% in Wednesday's premarket. What's going on?
Nvidia remains one of the market's hottest stocks. What will the company's stock price be in 2030? Here are base-, bull-, and bear-cases.
PDD Holdings, formerly known as Pinduoduo, has soared past Wall Street's consensus estimates again, continuing to outpace its rivals.
2015 was one of the worst years for IPOs in the past decade. Only 2016 and 2022 were worse. But there were some big winners.
The COP28 meeting beginning this week will report progress toward avoiding catastrophic climate change. Here's a look at one important topic.
At its initial public offering in September 2014, Alibaba Group Holdings Ltd. (NYSE: BABA | BABA Price Prediction) was valued at $167.7 billion. The company raised $21.7 billion in the IPO, a record at…
Sales of electric vehicles (EVs) rose by an order of magnitude between 2017 and 2022, from about 1 million to 10 million. That’s more vehicles than the 9.5 million of all types sold last…
After U.S. markets closed Tuesday, Nvidia Corp. (NASDAQ: NVDA | NVDA Price Prediction) reported third-quarter earnings that not only beat consensus estimates but both EPS and revenue closed well above the high estimates. Needless…
This week brings quarterly earnings reports from a host of retailers not named Walmart or Target. Four companies – Best Buy Co. Inc. (NYSE: BBY | BBY Price Prediction), Kohl’s Inc. (NYSE: KSS), Abercrombie…
EV charging station provider ChargePoint replaced two top executives Thursday and said Q3 revenue will fall far short of expectations.
A reported Department of Justice investigation into potential illegal sales to China has cratered Applied Materials stock despite a solid earnings report.
