Tesla’s postelection stock surge has nearly evaporated. Shares of the electric vehicle maker plunged over 8% on Tuesday, pushing its market cap below $1 trillion and to its […]
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GM to increase dividend 25%, buy back another $6 billion of shares
General Motors’ shares surged about 6% in morning trading after announcing a 25% dividend increase and a new $6 billion share buyback program. The U.S. automaker plans to […]
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Crypto sleuths join hunt for $1.5bn stolen in biggest ever heist
ByBit, a cryptocurrency trading platform, is enlisting the help of online bounty hunters to recover funds stolen in what is believed to be the largest crypto heist in […]
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Was Tuesday’s Bloodbath the Bottom in BTC? Bitwise’s Dragosch Believes That May be True
The cryptocurrency market faced a sharp downturn on Tuesday, with many on-chain metrics suggesting that bitcoin (BTC) may have reached a bottom. The total crypto market capitalization fell […]
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Tesla Stock Falls 8% as Concerns About Elon Musk’s Political Role Grow
Tesla shares declined by 8% on Tuesday, nearly erasing the rally following Donald J. Trump’s election win. Investors had anticipated benefits from Elon Musk’s $250 million support for […]
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Tech Stocks Continue Lower on Tariff Uncertainty and Economic Concerns
Tech stocks led declines in U.S. markets on Tuesday amid growing concerns over tariff policies and economic uncertainty. The Nasdaq 100 Index fell by -1.24%, extending losses from […]
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Stock Market on Feb. 25, 2025: Dow Gains While S&P 500 and Nasdaq Slide Amid Tariff Fears and Weak Consumer Confidence
On February 25, 2025, the Dow Jones Industrial Average closed up by 160 points, while the S&P 500 and Nasdaq Composite continued their downward trend for the fourth […]
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Tesla Stock Drops 8% As European Sales Fall, Elon Musk’s Net Worth Goes Down $15 Billion
Tesla’s share price fell more than 8% as of 1:20 p.m. EST on Tuesday following reports that sales across Europe dropped approximately 45% over the last month. This […]
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Bitcoin reels below $90,000 as Bybit hack adds to crypto blues
LONDON, Feb 25 (Reuters) – Bitcoin experienced its largest one-day drop since August on Tuesday, driven by concerns over U.S. tariffs and Nvidia’s results. The situation worsened after […]
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Super Micro Computer Approaches Filing Deadline Tuesday to Avoid Delisting
Super Micro Computer (SMCI) faces its next obstacle on Tuesday, with the server maker facing the Nasdaq’s filing deadline to avoid being delisted from the exchange. The company […]