Brian McColl | Trading Pedia

NVIDIA shares declined 4.45% to $889.64 in the last 5 days

April 4, 2024 9:55 am

NVIDIA shares declined 4.45% to $896 in the last 5 days. NVIDIA Corporation’s stock price is currently trading at $889.64 as of April 3, 2024. The stock is 239.03% above its 52-week low of $262.41 and -6.36% below its 52-week high of $950.02. Over the past month, NVIDIA has seen a total return of 4.38%, […] Read more

Spotify shares jumped 9.28% in the last 5 days

April 4, 2024 8:31 am

Spotify Technology S.A. (NYSE: SPOT) is currently trading at $291.77 as of April 3, 2024. The stock has shown strong performance with total returns of 8.06% in the past month, 55.25% in the past 3 months, and 113.84% in the past year. Spotify stock closed up 8% on Wednesday after a report released by Bloomberg […] Read more

Elon Musk Proposes to Relocate Tesla’s Legal Headquarters to Texas

February 1, 2024 10:39 am

Key moments Elon Musk announces Tesla’s potential shift from Delaware to Texas for legal domicile. Decision follows a Delaware court’s invalidation of Musk’s record $55.8bn Tesla compensation. Musk criticizes Delaware’s corporate framework, while Texas offers lighter taxation. Elon Musk’s Bold Move: Texas Beckons for Tesla In a striking declaration, Elon Musk has set the wheels […] Read more

Alphabet Shares Tumble as Google Ad Revenue Disappoints

January 31, 2024 10:15 am

Key moments Alphabet’s Q4 Revenue: $86.3 billion, up 13% YoY, surpassing Wall Street’s $85.3 billion forecast. Earnings per Share: $1.64, beating the consensus of $1.59. Google Cloud Revenue: $9.2 billion, up 26%, outpacing estimates of $8.9 billion. Google Advertising: Totaling $65.5 billion, slightly below Wall Street expectations. YouTube Advertising: Raking in $9.2 billion, meeting estimates. […] Read more

Delaware court voids Elon Musk’s $55.8 billion payday from Tesla in 2018

January 31, 2024 5:35 am

Key moments The lawsuit was filed by a shareholder who argued that it was an overpayment. Judge Kathaleen McCormick has called the Tesla board’s approval of the compensation “deeply flawed.” Musk asked his Twitter followers if Tesla should relocate its state of incorporation to Texas Hold onto your hats, folks, because the courtroom drama involving […] Read more

First Abu Dhabi Bank Collaborates with IBM for Hybrid Cloud Transformation

June 12, 2023 10:12 am

Key Points: FAB and IBM Consulting are partnering to migrate more applications to the cloud as part of FAB’s digital infrastructure modernization. FAB and IBM Consulting will conduct a discovery and assessment exercise to determine the optimal approach for migrating applications to cloud environments. The collaboration aims to optimize FAB’s technology infrastructure using a hybrid […] Read more

Carvana stock surges over 50% amidst short sellers’ heavy losses

June 10, 2023 8:29 pm

Used-car retailer Carvana Co (CVNA.N) saw a significant surge in its stock price on Thursday, closing up 56.0%. The stock experienced further volatility on Friday, rising as much as 12% before dropping over 5% during morning trade. While Friday’s drop may have tempered some of the stock’s gains, it did little to alleviate the pain […] Read more

Crypto.com ends US institutional exchange service

June 10, 2023 5:59 am

Key moments: *Crypto.com will suspend its US professional institutional exchange service by June 21. *The decision is due to a decline in demand impacted by the present market conditions and pending legal proceedings against exchanges like Binance and Coinbase. * Both the retail mobile app and website will continue to function normally for clients in […] Read more

Tesla stock gains for tenth consecutive session

June 9, 2023 10:02 am

Tesla (TSLA) closed higher for the tenth consecutive trading session on Thursday, marking the stock’s longest gaining streak in over two years. In stock trading, Tesla shares increased 4.58 percent to $234.86, the highest closing price since October 2022. In the previous session, the stock’s share price reached $230.83. Tesla was the S&P 500 index’s […] Read more

Affirm’s stock gains on new partnership with Amazon Pay

June 8, 2023 2:33 pm

Shares of buy-now-pay-later company Affirm Holdings rose on Wednesday after it announced a partnership with Amazon Pay. Affirm’s (AFRM) stock value soared more than 20% midday once the news broke out and later closed 2.40% higher at $16.20. The company’s stock performance helped moderate the loss in the Nasdaq Composite index, which declined by 1.29% […] Read more