Why Did Nio Stock Jump Today?
Key Points Nio reported second-quarter vehicle sales rose about 50% year over year. Nio reported a narrow first-quarter loss of…
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Is Carnival’s Alaska Business Emerging as a Key Growth Driver?
Carnival Corporation Ltd.’s CCL Alaska business is increasingly becoming an important pillar of its long-term growth strategy. While the company…
Planet Labs dives as space stocks reverse after the SpaceX IPO: buy the dip?
Planet Labs stock continued its strong downward trend last week, reaching its lowest level since March 19. PL has dropped…
Starbucks Wants to Cut $400 Million in Software Costs. Toast Investors Should Pay Attention.
Key Points Starbucks spends about $400 million annually on software and is developing AI-powered tools to replace systems from Microsoft…
Stocks Fall on Weakness in Chipmakers and Renewed US-Iran Hostilities
The S&P 500 Index ($SPX) (SPY) today is down -0.31%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.16%, and the Nasdaq 100…
Trump proposes 20% cargo fee as US vows to police Strait of Hormuz
President Donald Trump said on Monday that the United States would reinstate its naval blockade of Iranian ships and charge…
Garlinghouse Says Ripple Cares About and Owns a Lot of XRP, But Can’t Control It
Ripple CEO Brad Garlinghouse says his company holds a substantial amount of XRP and cares deeply about the token’s future,…
Great News for IBM Stock Investors!
IBM (NYSE: IBM) may still look like a boring dividend stock, but its quantum strategy could be changing the story.…
Here’s Why You Should Retain ABM Stock in Your Portfolio Now
ABM Industries ABM stock rose 11.3% in the past three months against the industry’s 11% fall. The Zacks S&P 500 composite gained 2.2%…