According to Forbes, Elon Musk’s fortune has dropped $121 billion since its December peak following one of the worst days for Tesla shares this year. Forbes estimates that the Tesla CEO’s net worth dropped to $342 billion after he lost $8.8 billion in the stock market meltdown on Thursday. According to the magazine, Musk’s value…
Being a privately owned firm is a daring step for Walgreens Boots Alliance (NASDAQ: WBA). Walgreens will be purchased by Sycamore Partners for $23.7 billion, giving stockholders $11.45 a share in cash with the possibility of an additional distribution of $3.00 per share contingent on future VillageMD asset sales. The company’s Directors unanimously authorized the…
After releasing a much lower-than-expected projection for the entire year and revealing mixed profit data for the first quarter of 2025, Hewlett-Packard Enterprise saw a sharp 16.18% decline in its stock price. Despite strong artificial intelligence (AI) orders and considerable sales growth, the business IT giant—often mistaken with its consumer computing rival HP Inc. disappointed…
In 2025, Tesla investors have had a difficult start. Tesla has the regrettable distinction of being the worst-performing company among the “Magnificent Seven,” with shares down almost 25% this year. Ironically, the new U.S. government is partly to blame for Tesla’s decline. Elon Musk’s prolonged commitments in Washington, D.C., where he leads the (DOGE), and…
EPL Share Price Target 2025:- EPL’s share price in 2025 will depend on the growing demand for sustainable packaging, expansion into new markets, and strong partnerships with FMCG and pharmaceutical brands. The company’s focus on eco-friendly solutions and regulatory compliance can support long-term growth. EPL Share Price on NSE as of 8 March 2025 is…
Intel (NASDAQ: INTC) has won a major legal victory after a judge dismissed a shareholder lawsuit related to the company’s $32 billion market value decline. The lawsuit, filed by investors, accused Intel of misleading shareholders about its competitive position and manufacturing setbacks, which they claimed led to significant financial losses. The case centered around allegations…
In a last-minute decision, former President Donald Trump has granted a one-month exemption from auto tariffs for Canada and Mexico, temporarily easing tensions in the North American automotive industry. The move comes as automakers, suppliers, and trade groups raised concerns over the potential economic fallout of increased tariffs on imported vehicles and parts. The decision…
Rigetti Computing (NASDAQ: RGTI) has released its Q4 2024 earnings report, revealing a mix of financial struggles and technical progress, but with a major $100 million partnership that could provide much-needed momentum. The quantum computing firm, which has been working to develop commercially viable superconducting quantum processors, reported a revenue increase but ongoing losses, reflecting…
Palantir Technologies (NYSE: PLTR) is under pressure as a combination of market volatility and concerns over defense spending weigh on investor sentiment. The stock has seen a pullback in recent trading sessions, reflecting wider market uncertainty and fears that potential cuts in government contracts could impact future growth. As a company known for its AI-powered…
Super Micro Computer (NASDAQ: SMCI) has been one of the biggest beneficiaries of the AI revolution, with demand for its high-performance server solutions skyrocketing. As companies rush to adopt AI-driven data centers and cloud computing, Super Micro has positioned itself as a key supplier of high-efficiency, AI-optimized server infrastructure. The company’s stock has seen incredible…