Shares of electric truck maker Nikola (NASDAQ: NKLA) were trading sharply lower on Thursday morning, after the company said in a regulatory filing that that it will conduct a 1-for-30 reverse stock split next week. As of 10:30 a.m. ET, Nikola’s shares were down about 23.3% from Wednesday’s closing price. EV truck maker Nikola is […]
Salesforce (NYSE: CRM) stock got clobbered on May 30, a day after posting weak second-quarter fiscal 2025 guidance. Salesforce and other top software stocks — from Adobe to Workday, Atlassian, Snowflake, and others are hovering around their lowest levels so far this year. The sell-off in software application and infrastructure companies, which are a part […]
Apple CEO Tim Cook had big news on Thursday: An “exciting product announcement” is right around the corner. The hint comes just days before a virtual Apple event that’s expected to center on the iPad and Apple Pencil and might even include a long-awaited upgrade to the iPad Pro. The timing couldn’t be better — […]
Shares of Eli Lilly (NYSE: LLY) were jumping 3.3% higher as of 12:07 p.m. ET on Wednesday. This gain looked even better considering that the major market indexes were all slumping. Lilly was able to swim against the market current primarily because of investors’ enthusiasm about the prospects for the company’s weight-loss drug Zepbound. On […]
Eddie Howe has warned his Newcastle players that no-one is guaranteed a place in his team as he attempts to turn around an alarming slump in form. Boxing Day’s humbling 3-1 home defeat by Nottingham Forest was the Magpies’ sixth in seven games in all competitions, a run during which their first Champions League adventure […]