In the fiercely competitive world of electric vehicles (EVs), few stories have captured attention like that of Nikola Corp. Once hailed as a groundbreaking pioneer in clean automotive technology, the Phoenix-based startup has now succumbed to the harsh realities of the market. The company recently filed for Chapter 11 bankruptcy protection after failing to secure
In a climate where artificial intelligence (AI) continues to be a focal point of technological innovation, Baseten has carved out a significant niche by securing $75 million in its latest funding round. This injection of capital, which elevates the company’s valuation to $825 million, reflects a broader trend where venture capitalists are betting on startups
In an unexpected turn of events, the release date for Steven Spielberg’s highly anticipated film with Universal Pictures has been shifted from May 15, 2026, to June 12, 2026. This strategic decision has been made to accommodate the ongoing development of the next project by filmmakers Daniel Kwan and Daniel Scheinert, known for their Oscar-winning
The dynamics of the stock market are often subject to rapid shifts, influenced by everything from quarterly earnings reports to high-profile investments. Today, we’re witnessing notable movements among various companies as midday trading comes to a peak. This article analyzes key players making headlines, delving into the reasons behind their stock fluctuations while exploring broader
The sentiment among single-family homebuilders in the United States has recently taken a significant hit, plunging to its lowest point in five months as of February. This downturn can be attributed primarily to rising concerns over tariffs, which threaten to inflate costs substantially for builders. The National Association of Home Builders (NAHB) reported a notable
Intel Corporation experienced a remarkable surge in its share price, with an increase exceeding 10% on Tuesday. This uptick was primarily linked to a report by the Wall Street Journal, suggesting that tech giants Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) might be exploring potential bids for various segments of Intel. According to insiders, Broadcom
In a surprising turn of events, defense stocks experienced a notable downturn after President Donald Trump hinted at the possibility of substantial cuts to military expenditure. The implications of his comments, which suggested a reduction in defense spending by as much as 50%, have sent ripples through the market, reflecting the stock prices of major
Moderna, the biotech company that rose to prominence with its groundbreaking COVID-19 vaccine, is now at a pivotal juncture. With its fourth-quarter performance revealing both opportunities and challenges, the company faces pressing difficulties as it seeks to evolve beyond the pandemic’s shadow. As the demand for its COVID-19 vaccine diminishes, Moderna is pivoting its strategy
Airbnb experienced an impressive surge of 14% in its stock value, marking what could be one of the finest days for the company since its debut on the Nasdaq in December 2020. This remarkable leap follows the release of the company’s fourth-quarter earnings, which surpassed analysts’ expectations. With a current stock performance reflecting an overall
The economic repercussions of President Donald Trump’s tariff policies have sparked a significant debate among economists and financial analysts. While concerns loom about rising prices for American consumers, an interesting twist emerges for another group: American tourists. The relationship between tariff implementations and currency strength suggests that 2025 could present unique opportunities for travelers seeking