Massive three-day Nvidia sales generate $5 billion for short sellers
The AI chip designer's steep selloff over the last three sessions has allowed Nvidia short sellers to score roughly $5...
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As Nvidia slips, Microsoft reclaims its position as the most valued company
Microsoft now has the title of being the most valuable corporation in the world, as Nvidia's share price dropped by...
Adidas shares decline following a Chinese probe investigating claims of corruption
Adidas shares fell 4% Monday after the German sportswear brand said it was investigating allegations of corruption in China after...
In terms of market capitalization, Nvidia surpasses Apple to become the second-most valuable publicly traded corporation in the United States
On Wednesday, investors continued to place bets on Nvidia, the chipmaker driving the artificial intelligence revolution, surpassing Apple in market...
GameStop reports lower first-quarter revenues and files to sell more stock, which causes its shares to plunge 20%
GameStop's stock fell 25% on Friday following the retailer of video games' announcement that it intends to sell more shares...
Wall Street sees a 130% increase in Novavax following Sanofi’s multibillion dollar investment
After revealing a multibillion-dollar agreement with French pharmaceutical company Sanofi that would enable the latter to market its Covid-19 vaccine...
Apple gains by losing: as expectations are surpassed, shares climb despite declining sales
According to a Bloomberg article, Apple reported higher-than-expected sales in the first quarter of 2024 and forecast a resumption to...
When Netflix releases its profits, Wall Street anticipates the following
After the closing bell on Thursday, Netflix is scheduled to release its first-quarter financial report. In the streaming space, the...
The Trump Media company’s stock drops more than 21% as it revealed a $58 million loss for 2023
Donald Trump's social networking firm said on Monday that it lost around $58.2 million in the previous year, sending its...
Following Oracle’s greatest day on the stock market since 2021, Larry Ellison has gained $15 billion in wealth
On Tuesday, Oracle founder Larry Ellison recorded a $15 billion gain as his software company's shares finished at a new...
