Shares of logistics company FedEx (NYSE: FDX) have been soaring in value this year, up 45% entering trading on Tuesday. It recently completed the spin-off of its freight business The move makes the remaining business leaner, and investors appear to be bullish on the
Canopy Growth (NASDAQ: CGC) is no longer the market darling it once was. Shares of the cannabis maker remain down more than 95% from their all-time highs, the company continues to post net losses, and Canada's cannabis industry remains plagued by oversupply, pricing pressu
The rise and fall of GoPro, which says it has 'substantial doubt' the company can survive another year GoPro is telling investors on Monday that it may not survive the next 12 months. In an 8-K filed with the SEC (1) on Monday, the action-camera maker refiled its 2025 fina
Mastercard’s approval to handle digital assets in New York signals a strategic shift toward regulated blockchain infrastructure. Mastercard obtained a New York BitLicense, allowing its U.S. transaction-services unit to conduct digital asset activities under strict regulato
CAVA shares fall 1.8% to $73.33, but a rare technical setup suggests a potential 24% rally to $91.00 by early July. Cava Group Inc (NYSE:CAVA) declined 1.8% to $73.33, extending its losing streak to four sessions. The stock has struggled since its April peak, with losses i
Elon Musk’s aerospace firm plans to raise $75 billion in a record IPO targeting a $1.75 trillion valuation with a greenshoe option. SpaceX aims to raise at least $75 billion in its initial public offering, targeting a $1.75 trillion valuation including a greenshoe option.
Elon Musk’s rocket and satellite firm plans to raise $75 billion in an all-primary offering targeting a record $1.75 trillion valuation. SpaceX aims to raise at least $75 billion in its initial public offering, targeting a $1.75 trillion valuation including a greenshoe opt
Bank of America labels STMicroelectronics' data center outlook optimistic but flags execution risks as shares rally sharply. STMicroelectronics (STM) issued a higher-than-expected forecast for data center demand, which Bank of America described as ambitious. The firm empha
C3.ai misses Q3 revenue estimates by 29.59% C3.ai reported Q3 revenue of $53.26 million, missing consensus estimates by 29.59% and falling 46.08% year over year. The company's GAAP gross margin collapsed to 17% from 59% a year earlier. Non-GAAP EPS landed at -$0.40
Median monthly mortgage payments reach record levels as home prices and mortgage rates remain elevated in 2026. The median monthly mortgage payment for U.S. homebuyers climbed to $2,134 in April 2026, driven by a 6.6% average mortgage rate and a median home price of $417,7
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