Stocks

Stocks
Stocks

Workday stock surges after earnings; technicals point to a short-lived rally

Workday (NASDAQ: WDAY) stock price surged by over 10% in the pre-market session as investors bought the dip following its better-than-estimated results. It rose to $136, modestly higher than the year-to-date low of $110.  Workday stock is soaring after earnings report WDAY stock has been under pressure in the past few years, moving from a

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Stocks

Inside SpaceX’s IPO filing: Musk’s AI plans, deep Tesla ties, and mounting losses

SpaceX finally unveiled its long-awaited initial public offering filing on Wednesday, setting off intense scrutiny across Wall Street as investors rushed to assess the finances, ambitions and risks tied to Elon Musk’s sprawling space and artificial-intelligence empire. The company, formally registered as Space Exploration Technologies Corp., disclosed in its S-1 filing with the US Securities

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Stocks

Dow futures slip 167 points: 5 things to know before market opens

US stock index futures were down on Thursday as Nvidia’s latest update failed to spur a broader rally, leaving investors focused on retail earnings and economic data due later in the day. Nvidia edged higher in premarket trading after unveiling an $80 billion buyback, but the move did little to shift sentiment across equity markets

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Nykaa profit jumps nearly 4x on beauty demand

Indian fashion-to-beauty retailer Nykaa reported a near four-fold jump in quarterly profit on Thursday, supported by strong demand for skincare and makeup products and improving momentum in its fashion business. The company posted a profit of 783.8 million rupees ($8.2 million) for the quarter ended March 31, compared with 202.8 million rupees a year earlier.

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Why VOO stock is rising as US bond yields soar and AUM nears $1 trillion

The Vanguard S&P 500 Index (VOO) has jumped by over 7% this year, and is hovering at its all-time high. It has jumped by over 17% from its lowest level last year, while its inflows have jumped by over $58 billion this year. This article explores some of the top reasons the blue-chip S&P 500

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Stocks

UK stocks slip amid inflation concerns and slowing business activity

London’s blue-chip shares declined on Thursday as weak economic data and continued uncertainty surrounding the Middle East conflict weighed on investor sentiment. The benchmark FTSE 100 fell 0.43% by 11:15 am GMT, while the midcap FTSE 250 edged 0.18% higher. Markets remained cautious after reports suggested tensions between Iran and the United States could remain

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IBM, QBTS, other quantum stocks surge after report of $2B Trump funding push

Quantum-computing stocks surged in premarket trading on Thursday after a Wall Street Journal report said the Trump administration plans to award roughly $2 billion in grants to nine quantum technology companies, marking one of the biggest government pushes yet into the emerging industry. Shares of IBM (IBM) rose about 7% before the opening bell, while

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Walmart stock falls as retail giant warns on profit outlook

Shares of Walmart (WMT) fell on Thursday after the retail giant reported quarterly results that met earnings expectations but issued a softer-than-expected profit outlook for the current quarter, disappointing investors despite continued sales growth and strong e-commerce momentum. The company said rising fuel prices are beginning to alter consumer spending patterns, pushing more budget-conscious shoppers

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Stocks

Traders bet against CoreWeave, Nebius, IREN stocks despite strong growth

Neocloud companies are reporting some of the best financial results this year as the artificial intelligence boom accelerates. Despite this, Wall Street traders are betting against some of the top names in the industry, like CoreWeave, Nebius, and IREN. CoreWeave, Nebius, and IREN short interest is rising Data shows that the short interest of some

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Stocks

Dow, S&P 500 fall as oil prices rise and Nvidia fails to lift sentiment

US stock indices moved lower on Thursday as rising oil prices and higher Treasury yields renewed concerns about inflation and geopolitical tensions, while investors evaluated whether Nvidia delivered enough upside to justify its elevated valuation after another strong earnings report. The S&P 500 fell 0.48%, while the Nasdaq Composite declined 0.56%. The Dow Jones Industrial

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