Week in review: The Nasdaq’s worst week since April, three trades, and earnings
It was a terrible start to November on Wall Street. The tech-heavy Nasdaq sank just over 3% in its worst ...
Tag: Breaking News: Technology
Archer tanks 8% after air taxi maker sells additional 85 million shares, buys LA-area airport
Courtesy: Archer AviationArcher Aviation's stock plummeted 8% after a share sale overshadowed a narrower-than-expected third-quarter loss.The company posted a net ...
Palantir CEO Karp twice slams short sellers as stock suffers worst week since April
Palantir co-founder and CEO Alex Karp attends meetings at the U.S. Capitol in Washington on Oct. 18, 2023.Jonathan Ernst | ...
SoftBank stares at over $50 billion in weekly losses after stock drops 8% as investors sour on AI plays
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | ReutersShares of ...
Chinese autonomous driving firm Pony.ai sees shares drop 14% in Hong Kong debut
A Pony.ai autonomous car.Pony.aiChina's Pony.ai on Thursday saw its shares drop over 14%, while rival WeRide fell nearly 12% as ...
Lucid misses Wall Street expectations, narrows production guidance
Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, ...
Snap shares rocket 15% on strong forecast, $400 million Perplexity deal
Snap shares climbed 15% on Wednesday after the company issued its third-quarter earnings, reporting revenue that beat analysts expectations and ...
Taser maker Axon plunges 11% after earnings fall short due to tariff hit
Rick Smith, CEO of Axon Enterprises.Adam Jeffery | CNBCAxon Enterprise's stock plummeted 11% after the Taser maker missed Wall Street's ...
AMD reports better-than-expected results but margin guidance only meets estimates
AMD CEO Lisa Su speaks at a Senate Commerce, Science, and Transportation Committee hearing in Washington on May 8, 2025. ...
IBM cutting thousands of jobs in the fourth quarter
Arvind Krishna, CEO of IBM, arrives for the Inaugural AI Insight Forum in Russell Building on Capitol Hill, on Wednesday, ...
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