Following the data center hardware specialist’s return to compliance with the Nasdaq exchange, two Super Micro Computer (SMCI) officials sought to sell their business shares. Thursday saw a decline in SMCI shares. Supermicro, a firm in San Jose, California, said on Wednesday that it received a notice letter from Nasdaq stating that it is now…
A small amount of air was released from the balloon, which was Salesforce (CRM) stock. Wednesday’s after-hours trading saw a 5% decline in Salesforce shares after the company’s 2025 earnings per share forecast fell short of expectations. Due to anticipation about the financial effect of Salesforce’s new Agentforce technology, the stock had risen 16% in…
(ENPH) closed the most recent trading session at $105.95, a -0.79% change from the ending of the previous trading day. This move is behind the 0.9% daily rise of the S&P 500. In the meantime, the technology-dominated Nasdaq witnessed a 1.22% boost, while the Dow saw a 0.81% increase. Over the previous month, the solar…
As of 2:45 p.m. ET on Wednesday, shares of the food and necessities businesses Dollar General (NYSE: DG), PepsiCo (NASDAQ: PEP), and The Hershey Company (NYSE: HSY) were down 5.4%, 2.9%, and 4%, respectively. The House of Representatives’ passage of its budget reconciliation plan last night is probably to blame for the widespread drops in…
Stocks fell on Thursday as tech companies sold down following Nvidia’s (NVDA) latest earnings report, while investors assessed the economy in light of President Trump’s recent tariff vows. The S&P 500 (^GSPC) sank over 1.6%, while the tech-heavy Nasdaq Composite (^IXIC) plunged 2.8%. The Dow Jones Industrial Average (DJI) fell 0.4 percent. Investors focused on…
Visa (V) completed the most recent trading day at $350.63, down 0.41% from the previous session—the stock’s performance behind the S&P 500’s daily rise of 0.01%. Elsewhere, the Dow fell 0.43%, while the tech-heavy Nasdaq rose 0.26%. Today, shares of the worldwide payments processor have increased by 5.26% in the previous month. The Business Services…
Nvidia reported higher-than-expected revenue and profitability in the fourth quarter and reasonable expectations for the current quarter. The reported revenue for the fourth quarter ending January 26, 2025, was $39.3 billion, up 12% from the previous quarter and 78% from a year earlier. The chipmaker’s revenue growth over the last year was primarily driven…
In February, American consumers had a bleak perspective on the economy, as uncertainty about Trump’s trade strategy pushed inflation expectations considerably up for the second consecutive month. The most recent University of Michigan consumer sentiment poll, issued Friday, showed headline sentiment down nearly 10% from January to a rating of 64.7. Pessimism about the…
One year after California established a first-of-its-kind $20 minimum wage for fast-food workers, a hike of up to 70 cents is scheduled for a vote. California’s Fast Food Council, which includes fast-food employees, restaurant owners, and state officials, adopted a proposal Wednesday to discuss a cost-of-living increase at a future meeting. The Council’s next…
NIO Inc., the troubled Chinese EV manufacturer, is scheduled to disclose Q4 2024 profits on March 4, 2025. As the firm suffers from continuous financial issues despite significant delivery growth, investors anticipate a major update that might influence NIO’s destiny in an increasingly competitive EV market dominated by Tesla and BYD. Key Earnings Expectations…