Year: 2025
Eric Adams seeks total dismissal of criminal case for ‘prosecutorial misconduct’
New York Mayor Eric Adams listens to questions from reporters during a press conference at NYPD’s 40th Precinct on Feb. 20, 2025 in New York City. Michael M. Santiago | Getty Images Attorneys for New York City Mayor Eric Adams asked a federal judge Wednesday for an outright dismissal of his criminal corruption case, citing […]
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Amazon unveils long-awaited Alexa revamped with AI features
Panos Panay from Devices and Services at Amazon speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters Amazon on Wednesday announced a long-awaited overhaul of its Alexa digital assistant, and it will charge a monthly subscription fee to access it. The revamped service, which Amazon […]
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AppLovin shares tumble 13% as short sellers question its centerpiece AXON ad software
Sheldon Cooper | Lightrocket | Getty Images Shares of AppLovin tumbled 13% Wednesday as two short-seller reports cast doubt on the integrity of the company’s AI-powered AXON advertising software that helped drive the tech giant to become the top-performing tech stock of 2024. Short seller Fuzzy Panda alleged that the AXON model was “the nexus […]
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Block’s Bitkey rolls out bitcoin inheritance fix for ‘multibillion-dollar problem waiting to happen’
Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images For over a decade, bitcoin has been lauded as a revolutionary financial asset — decentralized, self-sovereign and resistant to confiscation — all contributing to an astronomical […]
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German stocks lift European markets higher; Wienerberger jumps 12%
U.S. stocks open higher Wednesday U.S. stocks kicked off Wednesday’s trading session in the green. The S&P 500 added 0.2%, and the Nasdaq Composite gained 0.3%. Meanwhile, the Dow Jones Industrial Average flickered near the flatline. — Hakyung Kim Wolters Kluwer shares slide 10%; CEO announces retirement after 22 years Wolters Kluwer shares tumbled on […]
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Eli Lilly plans at least $27 billion in new U.S. manufacturing investments
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly on Wednesday said it will invest at least $27 billion to build four new manufacturing sites in the U.S., as demand for its blockbuster weight loss and diabetes […]
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Eli Lilly plans at least $27 billion in new U.S. manufacturing investments
A sign with the company logo sits outside of the headquarters of Eli Lilly in Indianapolis, Indiana, on March 17, 2024. Scott Olson | Getty Images Eli Lilly on Wednesday said it will invest at least $27 billion to build four new manufacturing sites in the U.S., as demand for its blockbuster weight loss and diabetes […]
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Super Micro Computer surges 20% after filing delayed financials by deadline
Charles Liang, CEO of Super Micro Computer, during the AMD Advancing AI event in San Jose, California, on Dec. 6, 2023. David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares rallied 20%% after the AI server company filed its delayed financial results by the Nasdaq’s deadline. The company’s auditor BDO wrote in […]
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Stocks making the biggest moves premarket: Super Micro Computer, General Motors, Lowe’s, Intuit and more
Check out the companies making headlines in premarket trading. Super Micro Computer — Shares soared 21% after the technology company met the Nasdaq’s listing deadline to report financial results for the most recent fiscal year to the Securities and Exchange Commission. The firm said it has “regained compliance” with the Nasdaq for its filling requirements. […]
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An entire trading ecosystem built around Nvidia alone is poised for a test again
Nvidia reports earnings after the market closes Wednesday. With the possible exception of Tesla , no other stock generates the kind of short-term trading interest Nvidia does. There’s an entire trading ecosystem built around Nvidia now. It is, for example, one of the most actively traded single-stock options in the market. Aside from significant options activity, […]
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