(Bloomberg) — CVS Health Corp. shares tumbled the most in nine years after the company cut its annual earnings outlook for the second quarter in a row, citing increased medical costs in its Medicare insurance business. Most Read from Bloomberg Adjusted earnings for the year will be at least $7 a share, CVS said in […]
Nvidia (NVDA) plunged Friday, falling sharply below its 50-day average as the broader market retreated. Nvidia stock is down sharply from a March high, about 22% off as of Friday afternoon. X Nvidia Stock Joins Fellow AI Play Shares of the AI chip behemoth dropped 10% to 761 in late afternoon trading, joining Super Micro […]
Trump Media & Technology Group shares plummeted more than 18% Monday after the company took steps to sell millions of additional shares. Trump Media, the parent company of social media platform Truth Social, filed to register up to 146.1 million shares for sale, including nearly 115 million owned by Trump.The company also listed the potential […]
By Michael S. Derby NEW YORK (Reuters) -A key Federal Reserve facility that takes in cash from money market funds and others saw inflows drop sharply on Monday. The U.S. central bank’s reverse repo facility took in $327.1 billion, down $80.2 billion from Friday, marking the lowest level of inflows since the facility took in […]
By Michael S. Derby NEW YORK (Reuters) -A key Federal Reserve facility that takes in cash from money market funds and others saw inflows drop sharply on Monday. The U.S. central bank’s reverse repo facility took in $327.1 billion, down $80.2 billion from Friday, marking the lowest level of inflows since the facility took in […]
Trump Media & Technology Group (DJT) stock dropped Monday as a federal regulatory filing showed the company’s intent to issue millions of additional shares. X The company, backed by former President Donald Trump, filed a “preliminary prospectus” Monday with the U.S. Securities and Exchange Commission (SEC) to offer 21.49 million shares of common stock, issuable […]
A short flight to a luxurious dinner experience became a nightmare for four tourists and two crew members on board a helicopter in Colombia, where it spiraled out of control shortly after taking off from a rooftop. The helicopter, a Bell 206 chopper, had six people on board at the time of the crash in […]
Bitcoin’s roller-coaster price action triggered nearly $700 million in crypto liquidation over the past 24 hours, CoinGlass data shows. The sell-off echoed throughout all digital assets, resulting in the CoinDesk20 Index falling almost 5% on Wednesday. Bitcoin’s {{BTC}} breakneck rally quickly turned sour early Wednesday afternoon, with the price plunging 7% from a $64,000 high, […]
(Reuters) – Shares of Houston-based Intuitive Machines slumped more than 30% on Monday after the space exploration firm said its Odysseus moon lander had tipped over and was resting on its side. The company, which became the first private company to land on the moon and the first from the U.S. since 1972, said that […]
Roku (ROKU) stock sank more than 20% on Friday as continued weakness in the advertising market and more competition from tech giants like Amazon (AMZN) weighed on investor sentiment. Roku beat on Q4 revenue and earnings expectations and saw double-digit gains in both accounts and hours streamed, with 80 million active accounts on the platform. […]
One person was killed after an SUV went over a cliff in Utah, officials said. On Feb. 11, at about 2:25 a.m., Hurricane City officers got reports of a vehicle having gone over a 200-foot cliff near the Hurricane overlook, according to a Facebook post by the police department. When officers arrived, they found the […]
In this video, I will explain why SoFi Technologies (NASDAQ: SOFI) stock is back to where it was before it reported its first profitable quarter and excellent long-term guidance, which saw the stock soar 20% in a day. *Stock prices used were from the trading day of Jan. 31, 2024. The video was published on […]