finance
The Latest
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Credit Suisse Shares Surge Following Takeover Rumors
Credit Suisse's share price jumped by around 3.8% after news broke out that State Street may be considering a takeover bid. Credit Suisse's share price jumped by around 3.8% after news broke out that State Street may be considering a takeover bid. -
BYD Shares Jump After It Teases About Becoming Major Tesla Battery Supplier
BYD's share price jumped by 2.65% after its executive vice president said the company was in the process of supplying Tesla with its LFP batteries. BYD's share price jumped by 2.65% after its executive vice president said the company was in the process of supplying Tesla with its LFP batteries. -
Ford Commits $3.7 Billion To Enhance U.S. Manufacturing Plants
Ford plans to spend more than $3.7 billion to enhance its manufacturing plants in Michigan, Missouri, and Ohio. Ford plans to spend more than $3.7 billion to enhance its manufacturing plants in Michigan, Missouri, and Ohio. -
GameStop Reports Q1 Loss Amid Shift To Digital Business
GameStop reported a net loss of $157.9 million on revenues of $1.38 billion for its fiscal first quarter. GameStop reported a net loss of $157.9 million on revenues of $1.38 billion for its fiscal first quarter. -
Snap Share Prices Dropped Nearly 30% After It Said It Will Miss Earnings Targets
In an internal email, Snap CEO Evan Spiegel said the company is unlikely to hit its revenue and earnings targets for the current quarter. In an internal email, Snap CEO Evan Spiegel said the company is unlikely to hit its revenue and earnings targets for the current quarter. -
Asian Stocks Jump After China Cuts Five-Year Loan Prime Rate
China cut its five-year loan prime rate (LPR) by 15 basis points to help bolster its housing market. China cut its five-year loan prime rate (LPR) by 15 basis points to help bolster its housing market. -
Amazon, Target, And Walmart Stocks Plummet Amid Rising Inflation
Amazon's stock price ended 7.6% lower, Walmart's around 6.79% lower, and Target's stock more than 26% lower. Amazon's stock price ended 7.6% lower, Walmart's around 6.79% lower, and Target's stock more than 26% lower. -
Warren Buffett Places $2.6 Billion In Paramount Global
Buffett's Berkshire Hathaway bought around 69 million shares of Paramount Global worth $2.6 billion. Buffett's Berkshire Hathaway bought around 69 million shares of Paramount Global worth $2.6 billion. -
Luna Token Value Drops To Four Cents, Some Exchanges Halt Trading
The value of Luna tokens fell from $85 per coin last week to only about $0.04 per coin Thursday. The value of Luna tokens fell from $85 per coin last week to only about $0.04 per coin Thursday. -
Rivian Stock Price Up As It Claims To Be On Track To Meet Production Goals
Rivian Automotive said it can still meet its 2022 production target of building 25,000 units despite supply issues. Rivian Automotive said it can still meet its 2022 production target of building 25,000 units despite supply issues.