March 4, 2025 11:07 am
Key moments BYD’s stock price took a sharp tumble on Tuesday, falling 6.8% to reach HK$339 per share on the Hong Kong Stock Exchange. The decline followed a successful share placement that earned the company US$5.59 billion. BYD sold a total of 129.8 million primary shares, surpassing the initial goal of 118 million BYD Company […]
Read moreMarch 4, 2025 10:16 am
Key moments Intel’s stock initially surged during early trading hours due to reports that Nvidia and Broadcom are still testing its 18A chip fabrication process. Investor expectations of a major deal between Intel and TSMC were dashed when TSMC announced a $100 billion investment in the U.S. semiconductor industry without any mention of Intel. Intel’s […]
Read moreMarch 4, 2025 8:24 am
Key moments Super Micro Computer’s stock fell sharply by 13% to $36.07, despite the company resolving its accounting compliance issues. The company is facing an investigation related to potential illegal export of Nvidia chips. Despite the current challenges, Super Micro is moving forward with plans to build a new campus in Silicon Valley to expand […]
Read moreMarch 4, 2025 7:57 am
Key moments Saudi oil giant Aramco’s net profit fell to $106.25 billion in 2024, a 12% decline from $121.3 billion in 2023. The decline was largely driven by lower oil prices and reduced global demand. Aramco plans to pay $85.4 billion in dividends for 2024, significantly lower than previous years. Aramco Dividend Payment Plummets to […]
Read moreFebruary 28, 2025 3:03 pm
Key moments Ibotta Inc.’s stock price plummeted by 46.09% to $34.01, continuing a steady decline triggered by disappointing Q4 earnings and a weak Q1 forecast. Both Citi and BofA Securities analysts downgraded Ibotta’s stock rating from “Buy” to “Neutral,” significantly reducing their price targets due to concerns over advertising supply issues and underperformance in the […]
Read moreFebruary 28, 2025 2:58 pm
Key moments India’s central bank conducted a $10 billion foreign-exchange swap auction on Friday to address a significant liquidity shortage. The recent $10 billion injection brings the total funds added to India’s banking system to $47 billion within the past month. The rupee responded with a 0.3% dip, dropping to 87.4900 per dollar. India Battles […]
Read moreFebruary 28, 2025 1:23 pm
Key moments Tesla’s stock is experiencing its second-worst monthly performance ever. Investors are worried about Musk’s time management due to his increased public presence and political associations. Tesla’s plans to launch a robotaxi service in 2025 and its attempts to secure permits for self-driving operations in California may lead to potential turnaround. Tesla Shares Plummet […]
Read moreFebruary 28, 2025 12:41 pm
Key moments Dogecoin’s price has experienced a significant decline, dropping over 60% from its peak in December. The cryptocurrency’s network activity has also plummeted, with active daily addresses decreasing by 95% from 2.4 million to 30,000. A shift in holder composition shows long-term holders decreasing by 2.67% and mid-term holders dropping by 11.81%, while short-term […]
Read moreFebruary 28, 2025 11:31 am
Key moments Nutanix’s stock value jumped by 10.37% to $76.54 after the company released its Q2 fiscal 2025 financial results. The company reported a 19% year-over-year increase in annual recurring revenue (ARR) and a 16% year-over-year improvement in quarterly revenue. Nutanix provided a positive outlook for 2025’s third quarter and full fiscal year, projecting revenues […]
Read moreFebruary 28, 2025 10:34 am
Key moments RTX Corporation’s stock value jumped 2.52%, driving the share price up to $130.52 in a notable surge. The company’s progress in various divisions, including Pratt & Whitney’s FAA type certification and Collins Aerospace’s contract with Boeing, contributed to the positive market sentiment. Maharajh Ramsaran, RTX’s Executive Vice President and General Counsel, sold 19,431 […]
Read more
