Elon Musk is used to big wins and big losses, but 2025 is proving to be a rough year—even by his standards. The Tesla CEO just saw his net worth drop by a jaw-dropping $102 billion, thanks to Tesla’s struggling stock. With an estimated net worth of $351 billion, Musk remains the richest man in…
The stock market has been buzzing about Palantir Technologies (NYSE: PLTR), but not for the reasons investors may have imagined. The stock has plummeted, falling more than 30% in a very short period of time after reaching all-time highs earlier this year. What is causing this sharp swing, then? Is the AI-driven corporation experiencing a…
Lucid Motors entered the electric vehicle (EV) industry with high hopes of competing with Tesla by providing stunning elegance and state-of-the-art technology. And it seemed for a while that they were going that way. Onlookers were in awe at the Lucid Air’s incredible performance, stunning design, and record-breaking range. But a great car isn’t enough…
Rigetti Computing (NASDAQ: RGTI) saw its stock jump 7% after releasing its Q4 2024 earnings report, despite reporting larger-than-expected losses. The market reaction suggests that investors focus more on Rigetti’s progress in quantum computing technology than its short-term financial struggles. The company’s latest earnings report revealed a widening loss. Still, at the same time, Rigetti highlighted…
Shares of Route Mobile Ltd. surged 12% as investors reacted positively to a major development in the telecom and cloud communication industry. The rally comes after Proximus Group, which owns Route Mobile, announced a strategic partnership with Nokia to accelerate the expansion of Network APIs, a move that could unlock significant revenue opportunities. The partnership…
In a stunning move, Walgreens Boots Alliance (NASDAQ: WBA) is preparing to go private in a $10 billion buyout deal led by private equity firm Sycamore Partners. The agreement marks one of the largest retail takeovers in recent years and signals a major shift in the future of the pharmacy giant. Why Is Walgreens Going…
Tesla’s stock is facing renewed pressure as political controversy surrounding CEO Elon Musk casts a shadow over the company’s market performance. While some investors worry that Musk’s outspoken views could damage Tesla’s brand and sales, others remain focused on the company’s long-term vision—one that extends far beyond electric vehicles. Despite recent volatility, many analysts believe…
Palantir Technologies (NYSE: PLTR) has taken a major step in military AI innovation, delivering AI-powered mobile battle stations to the U.S. Army as part of a landmark defense contract. The deal underscores Palantir’s growing role in modern warfare technology, equipping the military with cutting-edge battlefield intelligence and real-time data-driven decision-making. What Are AI-Powered Mobile Battle…
Ford Motor Company (NYSE: F) has long been a staple in the automotive industry, but as the market shifts toward electric vehicles (EVs) and high-tech mobility, investors are divided on whether Ford is an undervalued opportunity or a potential value trap. CNBC’s Jim Cramer recently weighed in on the debate, analyzing whether the legacy automaker…
Tesla (NASDAQ: TSLA) is in freefall, with its stock now down nearly 50% from its all-time high, sending shockwaves through Wall Street. The electric vehicle (EV) giant, once seen as unstoppable, is now facing mounting pressure from economic uncertainty, increased competition, and concerns over CEO Elon Musk’s leadership. Despite the steep decline, Dan Ives, a…