What’s Going On With Palantir Technologies Stock On Thursday?
Palantir (PLTR) wins $480M Army contract for AI-based Maven Smart System prototype, while facing criticism and speculation about inclusion in S&P 500. Stock up 2.58% premarket.
What’s Going On With Sony Stock On Thursday?
Sony (NYSE: SONY) is in talks to acquire Queen's music catalog for a potential $1 billion, joining other artists' catalog sales fueled by streaming growth and low interest rates.
Nvidia Could Surpass Microsoft in Market Value, Says Jim Cramer: Here’s Why
Nvidia (NVDA) may surpass Microsoft's (MSFT) market cap, as its importance in AI, cloud computing, and data centers grows. Stock rose 186% in a year.
US Q1 Economic Growth Downwardly Revised To 1.3%: Consumer Spending Falters
US Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims rose to 220,000, slightly above expectations.
Hormel Foods Sales Decline In Q2, Misses Expectations With Mixed Segment Performance
Hormel Foods' cash provided by operating activities year-to-date totaled $640.13 million, up from $411.75 million a year ago.
Why Discount Store Chain Dollar General’s Shares Are Shooting Higher Today?
Dollar General (NYSE) shares soar after surpassing Q1 FY24 earnings expectations. The retailer posted a 6% increase in sales to $9.91 billion, outperforming the $9.897 billion consensus. Despite a dip in gross profit margin to 30.2%, same-store sales rose 2.4% due to higher customer traffic. EPS of $1.65 topped estimates of $1.56. Dollar General reaffirms its FY24 outlook, forecasting steady growth and new store expansions.
BlackRock Moves Closer To Launching First Spot Ethereum ETF
BlackRock Inc. (NYSE:BLK) has submitted an amended S-1 form for its proposed spot Ether (CRYPTO: ETH) exchange-traded fund (ETF), providing additional details
Jim Cramer Doesn’t Care That Nelson Peltz Is Out Of Disney, Says Traders Should Avoid This Real Estate Stock
CNBC's Jim Cramer offers perspective on Peltz, Disney, Topgolf Callaway Brands, Crown Castle, Oklo and AppLovin.
Best Buy Q1 Earnings: EPS Beat, Restructuring Charges, CEO Confident in Strengthening Position in Computing and Appliances
Best Buy reported better than expected earnings and a dividend of $0.94 per share. For fiscal 2025, they anticipate a decline in sales and operating income.
Tesla Board Slams Glass Lewis After It Recommends Shareholders To Vote Against Elon Musk’s $56B Pay Package
The firm also highlighted Musk's numerous time-consuming projects outside Tesla, including his acquisition of the company Twitter.