(Bloomberg) -- Short sellers piling into bets against CrowdStrike Holdings Inc. have been rewarded after a botched software update from the firm sparked a global IT outage and sent shares plunging to their worst two-day stretch on record.Most Read from...
We Need Robotaxis, And We Need Them Now: Tesla's Stock Price Plummet Proves ItTesla CEO Elon Musk had the world buzzing with excitement over the announcement of his new Robotaxi, but delay after delay caused Tesla's stock price to plummet....
(Reuters) -NXP Semiconductors forecast third-quarter revenue below analysts' estimates on Monday, as it battles sluggish demand from automotive customers and rising geopolitical risks, sending its shares down about 8% in extended trading.The company recorded its worst decline in quarterly revenue...
Bradley C. Bower / Bloomberg via Getty ImagesKey TakeawaysThe chief operating officer of Air Products & Chemicals stepped down as the company formed a new management board.The company said COO Samir Serhan has resigned, effective immediately.Air Products' chief executive officer...
Google parent Alphabet (GOOG, GOOGL) will report its fiscal second quarter earnings after the bell on Tuesday, giving Wall Street a closer look at the state of the digital advertising market and whether generative AI hype is translating to revenue...
On Sunday, President Biden announced he will not seek reelection in November, adding to uncertainty about who will be in the White House in 2025.Stocks appeared to shrug off worries related to the election, with the S&P 500 rising over...
Nvidia (NASDAQ: NVDA) stock is jumping in Monday's trading. The artificial intelligence (AI) leader's share price was up 4.1% as of 1:30 p.m. ET, according to data from S&P Global Market Intelligence.Nvidia stock is gaining ground today thanks to news...
(Bloomberg) -- AMC Entertainment Holdings Inc. said it reached a sweeping restructuring deal with creditors that will let it delay repayment of more than $1.6 billion of debt for several years, buying it time to execute a turnaround.Most Read from...
(Reuters) -AMC Entertainment Holdings said on Monday it had reached an agreement with creditors that extends up to $2.45 billion of debt maturities from 2026 to 2029 and beyond.The agreement will also allow AMC to reduce debt by $464 million...
In a recent episode of The Ramsey Show, financial expert Dave Ramsey tackled a retirement dispute that Jason from Hartford, Connecticut, brought up.Jason, 54, wanted to retire at 55, but his wife, 51, felt they were not financially prepared. With...
