Nissan has reportedly abandoned plans to develop a fully electric version of the Qashqai, its best-performing European model, as part of a broader cost-cutting and rationalisation effort. Citing unnamed sources, Reuters reported that development of the battery-electric var
Q1 2026 revenue jumped 94% year-over-year to $193.4 million, but margin outlook spooks investors. Cerebras Systems posted Q1 2026 revenue of $193.4 million, a 94% increase from the same period last year, as demand for its AI hardware accelerated. Net loss narrowed to $14 m
Berkshire Hathaway Just Invested $10 Billion in Google at a Private Placement Price. Here's Why Retail Investors Should Pay Attention When Greg Abel took over for Warren Buffett as CEO in January, many were wondering what the new Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB
Apple stock rebounds into a buy range despite market pressure, nearing its all-time high amid AI-driven momentum. Apple (AAPL) has re-entered a buy zone after retreating from a record high earlier this month, positioning itself for a potential all-time high. The stock slip
June 24 Cerebras shares tumbled about 14% before the bell on Wednesday after the chip designer warned that annual profit margins would undershoot first-quarter figures in its debut earnings following a blockbuster initial public offering. If the losses hold through the ope
Mortgage demand rose 1.0% week-over-week as 30-year fixed rates held steady near 6.59%, reversing prior declines. US mortgage applications climbed 1.0% to an index level of 272.1 for the week ended June 21, marking the first increase after three consecutive weekly declines
SpaceX (NASDAQ:SPCX) continued to recover in premarket trading on Wednesday after rebounding from losses that briefly pushed the stock below its post-IPO opening price. Shares closed Tuesday up 0.9% at $156.06 after falling as low as $147.11 during the session, below the s
FedEx (NYSE:FDX) shares dropped more than 6% in premarket trading on Wednesday after the logistics group issued a 2026 profit forecast that fell short of market expectations, overshadowing stronger-than-expected fourth-quarter earnings and revenue. Fourth-Quarter Results T
Federal Reserve data shows 46% of Americans held no retirement accounts in 2022, increasing reliance on Social Security benefits. A Federal Reserve survey revealed that only 54% of Americans had retirement account assets in 2022, leaving nearly half without savings. The ga
Elon Musk’s net worth hit $1.1 trillion following SpaceX’s public debut, while bettors favor Meta’s CEO to reach the milestone next. Elon Musk became the world’s first trillionaire after SpaceX’s June 12 public debut, pushing his net worth to $1.1 trillion. His wealth now
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