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Tag: stock market

Oracle may be paying the price for its AI ambitions now

Oracle shares closed at their lowest point in more than a year…

Shekari Philemon

Netflix shares sink after a forecast nobody wanted to see

Netflix shares tumbled nearly 9 percent in after-hours trading on Thursday after…

Shekari Philemon

Oil falls and global stocks rally after US-Iran ceasefire deal

Financial markets around the world moved decisively on June 15 in response…

Shekari Philemon

Intel beats estimates with $13.58B revenue in Q1 2026

Intel is showing real signs of life. The American chipmaker reported first-quarter…

Dorcas Onasa

Allbirds shifts strategy after shoe business sale

A former footwear icon reinvents itself as a high-stakes AI infrastructure player…

Jeric Macaraan

SpaceX is reportedly courting a jaw-dropping $5 billion Saudi investment

Elon Musk's SpaceX is in discussions with Saudi Arabia's Public Investment Fund…

Shekari Philemon

Dow, S&P 500 and Nasdaq futures stumble hard after Trump’s Iran address rattles markets

Wall Street futures slid Thursday morning after a nationally televised address from…

Shekari Philemon

SpaceX confidentially files for what could become the biggest IPO in history

SpaceX has taken its first formal step toward a public stock listing,…

Shekari Philemon

Why Universal Music Group is buying back €500 million in shares

Universal Music Group officially launched its €500 million share repurchase program on…

Dorcas Onasa

Google parent Alphabet suffers a sharp 3.7% stock fall

It was a rough Wednesday for Alphabet, the parent company of Google,…

Dorcas Onasa