Month: May 2025
Nvidia reports first-quarter earnings after the bell
Jensen Huang, co-founder and CEO of Nvidia Corp., speaks during a news conference in Taipei on May 21, 2025. I-hwa Cheng | Afp | Getty Images Nvidia reports fiscal first-quarter earnings on Wednesday after the bell. Here’s what Wall Street is expecting, per LSEG: Earnings per share: 93 cents, adjusted Revenue: $43.31 billion Wall Street […]
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Oil prices pick up as OPEC+ holds oil quotas ahead of July production review
A view shows the logo of Organization of the Petroleum Exporting Countries (OPEC) during the United Nations climate change conference COP29, in Baku, Azerbaijan November 13, 2024. Maxim Shemetov | Reuters OPEC+ countries on Wednesday agreed to leave their formal output quotas unchanged, with market focus shifting toward potential increases from an eight-member subset of […]
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Vince McMahon sex trafficking case co-defendant John Laurinaitis agrees to help accuser
TKO Executive Chairman of the Board Vince McMahon is seen during a ceremony announcing Dwayne “The Rock” Johnson has joined the Board of Directors for TKO at New York Stock Exchange on January 23, 2024 in New York City. Michelle Farsi | UFC | Getty Images The co-defendant in the bombshell lawsuit accusing former WWE […]
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Elon Musk’s xAI partners with messaging app Telegram in $300 million Grok deal
Elon Musk announced his new company xAI which he says has the goal to understand the true nature of the universe. Jaap Arriens | Nurphoto | Getty Images Elon Musk’s startup xAI is paying the Dubai-based messaging platform Telegram $300 million to roll out its Grok artificial intelligence chatbot, Telegram CEO Pavel Durov announced in a […]
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Joby Aviation shares pop 20% as electric air taxi maker closes $250 million Toyota investment
Attendees view a Joby Aviation electric vertical take-off and landing (eVTOL) aircraft during an event at Edwards Air Force Base in Edwards, California, US, on Monday, Sept. 25, 2023. Air taxi start-up Joby Aviation Inc. today announced it has delivered its first eVTOL to the US Air Force. Bloomberg | Bloomberg | Getty Images Joby […]
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Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI
Instacart celebrates their IPO at the Nasdaq on Sept. 19th, 2023. Courtesy: Nasdaq Instacart on Wednesday appointed business chief Chris Rogers as its new CEO, less than a month after OpenAI announced CEO Fidji Simo as its new head of applications. Shares were last down about 2% in premarket trading. Rogers, who joined Instacart in […]
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Stocks making the biggest moves premarket: Macy’s, GameStop, Dick’s Sporting Goods, Joby Aviation and more
Check out the companies making headlines in premarket trading. Macy’s — The department store added more than 2% after the company reported earnings that beat estimates . Macy’s also slashed its profit outlook as a result of higher tariffs and more aggressive company promotions. Okta — The identity management software firm pulled back about 10% […]
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Dick’s Sporting Goods stands by full-year guidance — even with tariffs looming
A sign is posted in front of a Dick’s Sporting Goods store on September 04, 2024 in Daly City, California. Justin Sullivan | Getty Images Dick’s Sporting Goods said Wednesday it’s standing by its full-year guidance, which includes the expected impact from all tariffs currently in effect. The sporting goods giant said it’s expecting earnings […]
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Abercrombie & Fitch soars 25% even as retailer slashes profit outlook due to tariffs
A Abercrombie & Fitch store is seen on April 09, 2025 in New York City. Michael M. Santiago | Getty Images Shares of Abercrombie & Fitch soared on Wednesday, even after the retailer slashed its profit outlook due to tariffs, which are expected to hit its business by $50 million. The company is now expecting […]
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Elon Musk says Trump’s spending bill undermines the work DOGE has been doing
U.S. President Donald Trump and Tesla CEO Elon Musk, alongside Musk’s son X Æ A-Xii, speak to the press as they stand next to a Tesla vehicle on the South Portico of the White House in Washington, D.C., on March 11, 2025. Mandel Ngan | AFP | Getty Images Elon Musk criticized the Republican spending […]
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