CoreWeave, an Nvidia-backed business, had its initial public offering on Thursday oversubscribed due to early mutual fund backing and one-on-one conversions, Bloomberg reported. According to Bloomberg sources, the CoreWeaveIPO was oversubscribed, potentially raising $2.7 billion at the top of the advertised range. According to sources, the deal will likely be priced next Thursday and traded…
U.S. equities closed marginally down after rising on Wednesday after the Federal Reserve predicted two more rate drops this year amid fears that tariffs would increase inflation. The Fed kept interest rates constant, as expected, but its rate forecast soothed investors and consumers who have battled with rising interest rates over the last year. Lower…
It came from Fed Chair Jerome Powell, who told reporters Wednesday that his “base case” is rising inflation because President Trump’s tariffs will be “transitory” — bringing back memories of how central bank leaders discussed inflation during the early stages of the COVID-19 epidemic. Because Fed officials expected pandemic-era inflation to be temporary, they concluded…
President Donald Trump has made good on a campaign threat to start shutting down the Department of Education, though his attempts will indeed be challenged in court and constitutionally. On Thursday, the Republican leader performed an elaborate ceremony to sign an executive order that would result in the department’s liquidation. A semi-circle of youngsters sat…
Ford Motor Company (NYSE: F) faces mixed reviews from Wall Street analysts as its price target revisions reflect the uncertainty surrounding the automaker’s future. With increasing competition, shifting consumer demands, and Ford’s ongoing transition to electric vehicles (EVs), the company’s stock is under scrutiny. Analysts Split on Ford’s Future Analysts have shown a divided outlook…
Castle Rock Ford has made history by winning the prestigious Ford President’s Award for the third consecutive year, solidifying its reputation as a leader in customer service and automotive sales. This prestigious award, presented annually by Ford Motor Company, is given to only the top-performing dealerships in the nation that consistently exceed customer satisfaction, sales,…
In 2025, three major companies—Alibaba, Palantir, and Vertiv—are experiencing significant stock surges, all driven by their strategic embrace of artificial intelligence (AI). As AI technology continues to transform industries, these companies are capitalizing on its potential, creating major opportunities for growth and pushing their stock prices to new heights. Alibaba’s AI-Powered Transformation Alibaba, the giant…
Nvidia’s CEO, Jensen Huang, took the tech world by storm today with the unveiling of two transformative innovations—‘Vera Rubin’ and the Blackwell Ultra GPU. These new developments are set to reshape the future of artificial intelligence (AI) and high-performance computing, addressing the increasing demand for computing power in the world of AI. Vera Rubin: A…
Telefonaktiebolaget LM Ericsson Stock Price Prediction 2025:- Telefonaktiebolaget LM Ericsson’s stock price prediction for 2025 depends on multiple factors, including the growth of 5G networks, global telecom investments, and competition in the industry. As a leading telecom infrastructure provider, Ericsson is well-positioned to benefit from the increasing demand for faster and more reliable connectivity. Telefonaktiebolaget…
PDD Holdings (PDD), the parent company of China’s popular e-commerce platform Pinduoduo, recently released its latest quarterly earnings report, delivering a set of mixed results that have left investors questioning the company’s future outlook. While PDD exceeded expectations for earnings-per-share (EPS), it fell short of revenue projections, causing some uncertainty about its growth trajectory. Strong…