Tag: innovation

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Friday Market Update: Dow Drops as UnitedHealth Faces Probe, Nasdaq Rises

US stocks trade mixed; S&P 500, Nasdaq on track for weekly gains while Dow Jones Industrial Average heads for a loss. UnitedHealth's probe by the Department of Justice weighs on Dow. Walmart's tariff concerns impact sentiment. Celsius Holdings surges after $1.8 billion Alani Nutrition acquisition.

Reddit Stock Plunges 19% After Earnings Miss, Google Algorithm Change

Reddit (RDDT) stock has lost 19% since earnings, despite user growth and advertising revenue gains. CEO Steve Huffman sold $70.5 million worth of shares, the largest sale to date.

Azul Gets Capital Increase in Out-of-Court Restructuring

Azul's board OKs capital increase in out-of-court restructuring

Walmart: Stock Price Tanks 6.23% on Weak 2025 Outlook

Walmart stock hits one-year low on weak 2025 outlook, analysts remain bullish

Senate Budget Plan Hinders Trump Tax Cuts, Debt Ceiling Hike

The Senate passes a budget plan that includes $340 billion in new spending on military and border security. While the House's more ambitious tax cut plan remains in limbo, the Senate's plan provides a backup option for raising the debt ceiling and addressing urgent funding needs. However, the House's plan faces challenges from moderates and conservatives within the party, and its passage is not guaranteed.

Rivian (RIVN) Reports Strong Q4 Results, Guides for Smaller Losses in 2025

Rivian (RIVN) reported strong Q4 results with a gross profit of $170 million, lower EBITDA losses, and production of 49,476 vehicles in 2024. The stock initially dipped in premarket trading but gained in after-hours. Rivian faces regulatory uncertainties regarding the EV tax credit and a $6.6 billion DOE loan.

Walmart Outlook Disappoints: Wall Street Reacts

Walmart shares tumbled 6.23% Thursday after the retailer issued a weaker-than-expected 2025 outlook. Analysts remain bullish, citing the company's consistent performance and strong market position.

Magnificent Seven Stocks: Investors Urged to Diversify as Valuations Surge

Despite strong performance from Meta, the "Magnificent Seven" tech stocks' valuations remain high, prompting investors to diversify portfolios.

India Cuts Interest Rates, Citing Concerns Over Economic Growth

India cuts interest rates for the first time in nearly five years, citing concerns that a more restrictive monetary policy could impede economic growth.

Senegal Rules Out Debt Restructuring, Aims for Liability Management

Senegal Rules Out Debt Restructuring, Plans Liability Management Operations