March 4, 2025 8:17 am
Key moments Nvidia’s stock took a notable hit on Monday, with shares sliding 8.7% in response to a major trade policy update. The downturn was sparked by President Trump’s announcement confirming the introduction of new tariffs on goods imported from Canada and Mexico. The stock’s value dipped to a daily low point of $112.47 at […]
Read moreMarch 4, 2025 7:36 am
Key moments Market Indices Decline: Major European market indices, including the FTSE 100, DAX, CAC, and FTSE MIB, are projected to open significantly lower. Investor Concerns: The prospect of tariffs has triggered concerns among investors about reigniting inflation and escalating global trade tensions. Retaliatory Measures: China has announced retaliatory tariffs on U.S. goods and export […]
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 2:41 pm
Key moments Amazon’s stock experienced a 12% drop in value over the past month. The highly anticipated Alexa+ AI update failed to revive Amazon’s struggling shares. Amazon’s decline is part of a wider trend affecting the “Magnificent Seven” tech stocks, influenced by a cooling macroeconomic climate and uncertainties surrounding economic policies. Amazon’s Stock Plunge Underscores […]
Read moreFebruary 28, 2025 2:12 pm
Disney Represents 1.2% of VELA’s Portfolio with $4.34 Million Holdings VELA Investment Management’s strategic realignment involved a 18.2% reduction of its investment in the Walt Disney Company (NYSE:DIS) during Q4 2024, as evidenced by a recent 13F filing with the Securities and Exchange Commission (SEC). This adjustment resulted in the firm holding 38,929 shares of […]
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 1:18 pm
Key moments Evertec reported a 16.11% increase in its stock value, closing at $37.55, following its Q4 2024 earnings call. The company achieved a record revenue of $845.5 million for 2024, representing a 22% year-over-year increase. Evertec projects 2025 revenue to range between $889 million and $899 million, indicating a growth of 5.1% to 6.3%. […]
Read moreFebruary 28, 2025 12:36 pm
Key moments Rightmove reported a 7% increase in revenue, reaching £389.9 million, driven by strategic growth areas. Underlying operating profit saw a 4% rise, totaling £9.3 million, despite one-off charges. The company’s stock value increased by 3.26%, closing at 664.2 pence in the previous trading session. Rightmove Reported 7% Surge with £389.9 Million in Revenue […]
Read moreFebruary 28, 2025 11:39 am
Key moments The Nasdaq 100 experienced a 2.75% decline, closing at 20,550, its lowest point since November. The S&P 500 saw a 1.6% drop, finishing the day at 5,860, erasing its year-to-date gains. Nvidia’s stock plummeted by 8.5%, closing at $120, and was identified as a primary catalyst for the downturn. Massive Market Slide Caused […]
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 […]
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