Nvidia's (NASDAQ: NVDA) stock jumped 9% to a new all-time high on May 23, after the company posted its latest earnings report. In the first quarter of fiscal 2025, which ended on April 28, the chipmaker's revenue surged 262% year over year to $26.0 billion and exceeded analysts'
(RTTNews) - Samsung Electronics Co.'s workers union announced its plan to organize the first-ever strike in the South Korean tech major's history, seeking better wage options after negotiations with the management failed.
There are plenty of investors out there dreaming of hitting a home run with stocks in their portfolio (in this case a home run is defined as a stock that doubles or more after buying shares) and doing so in less time than the market average. The broader market averages an annuali
For the past 18 months, the bulls have been out in full force on Wall Street. Following the 2022 bear market, which saw the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite lose anywhere from 20% to more than a third of their respective value, all three major stock
BlackRock's spot bitcoin ETF, iShares Bitcoin Trust (IBIT), has surpassed Grayscale to become the world's largest bitcoin fund with over $20 billion in assets.
Snowflake (NYSE: SNOW) posted its latest earnings report on May 22. For the first quarter of fiscal 2025, which ended on April 30, the cloud-based data warehousing company's revenue rose 33% year over year to $829 million and surpassed analysts' estimates by $43 million. However,
Under CEO Jamie Dimon, JPMorgan Chase (NYSE: JPM) has displayed prudent cash management and a fortress balance sheet, which propelled it into becoming the largest bank in the U.S. by asset and market capitalization.
Shares of restaurant chain Chipotle Mexican Grill (NYSE: CMG) have gone on an incredible run over the past few months. The stock was at a 52-week low of $1,768.64 last October, and since then, zoomed up to a high of $3,260 on May 10.
All it takes is one incredible growth stock to supercharge your portfolio. If you find that high-growth stock, it can make up for other mediocre ones, and even losses. That's one of the reasons a diversified portfolio is important. No one knows what the future will bring, and you
(RTTNews) - European stocks traded slightly lower on Wednesday as higher bond yields and a surge in oil prices due to heightened tensions in the Middle East stoked concerns that interest rates will likely stay higher for longer.
Step aside, Chipotle Mexican Grill (NYSE: CMG). There's a more heavily anticipated stock split on the way now. Nvidia (NASDAQ: NVDA) announced in its first-quarter update last week that it plans to conduct a 10-for-1 stock split effective June 7, 2024. Chipotle's board of directo
(RTTNews) - Bloomsbury Publishing Plc (BMY.L) announced Wednesday the acquisition of US trade and academic publisher Rowman & Littlefield Publishing Group Inc.'s academic publishing business for $83 million or about 65 million pounds.
(RTTNews) - BHP Group (BHP), in an update on its offer for Anglo American, said that it has proposed a range of socioeconomic measures intended to address Anglo American's concerns regarding its proposed transaction structure. BHP believes a further extension of the Deadline is r
Note: ANF’s FY’23 ended on February 3, 2024.Abercrombie & Fitch (NYSE: ANF), a specialty retailer selling casual clothing and footwear, is scheduled to report its fiscal first-quarter results on Wednesday, May 29. We expect ANF stock to likely trade lower with rev
Barclays’ stock (NYSE: BCS) has gained 38% YTD, as compared to the 11% rise in the S&P500 over the same period. In comparison, Barclays’ peer Deutsche Bank (NYSE: DB) has seen its stock rise 24% over the same period. Overall, BCS is currently trading jus
(RTTNews) - European stocks may open on a sluggish note Wednesday as investors fret about the outlook for rates and watch closely the latest developments in the Middle East.
(RTTNews) - Kontron AG (KOTRF.PK), an IoT technology company, announced Wednesday that its subsidiary Katek SE will sell its entire stake in TeleAlarm Europe GmbH for a purchase price of 39 million euros.
(RTTNews) - Genentech, a member of the Roche Group (RHHBY), said that the U.S. Food and Drug Administration has accepted the company's New Drug Application and granted Priority Review to inavolisib, an investigational oral therapy, in combination with palbociclib (Ibrance) and fu
(RTTNews) - Alarm.com Holdings, Inc. (ALRM), a platform for the intelligently connected property, announced Wednesday the pricing of $425.0 million aggregate principal amount of 2.25% Convertible Senior Notes due 2029 in a private placement.
(RTTNews) - Indian shares opened on a sluggish note Wednesday as the dollar and bond yields jumped following relatively weak 2-year and 5-year auctions and after hawkish comments from Minneapolis Fed President Neel Kashkari.