Elon Musk briefly lost $135 billion due to stock market drop, but rebounded to $361.6 billion
From Yahoo Finance: 2025-05-06 13:20:00 President Donald Trump’s tariff plans caused the stock market to drop by 11%, resulting in
Category: Business
Exxon Mobil Corp. revenue and net income beat expectations, stock price rose 2.5%.
From Yahoo Finance: 2025-05-06 13:12:00 Exxon Mobil Corp. reported a revenue of $59.15 billion in the fourth quarter of 2021,
Trump's tariffs could impact Rivian's profitability, with uncertainties leading to guidance withdrawals
From Yahoo Finance: 2025-05-06 13:06:00 Rivian (RIVN) is set to report Q1 earnings, with an expected revenue drop to $981.21
Rite Aid files for Chapter 11 bankruptcy, plans to keep stores open during proceedings
From Yahoo Finance: 2025-05-06 12:50:00 Rite Aid has initiated Chapter 11 bankruptcy proceedings, citing financial challenges exacerbated by evolving retail
Intel shareholders approve equity incentive plan and new CEO pay, stock prices fell 1.6%
From Yahoo Finance: 2025-05-06 12:46:00 Intel shareholders approved a measure to increase share reserves for employee retention and CEO compensation.
DHL acquires IDS Fulfillment to enhance e-commerce services and strategically invest in expansion
From Yahoo Finance: 2025-05-06 12:45:00 DHL Supply Chain acquires IDS Fulfillment to enhance e-commerce services in the U.S. The deal
Economic uncertainty and federal firings impact REIT outlooks, with worries about job market stability.
From Yahoo Finance: 2025-05-06 12:44:00 Apartment REIT leaders share insights on how tariffs and economic uncertainty could impact business, noting
Merz won chancellor vote after initial volatility, stabilizing markets
From Morningstar: 2025-05-06 12:35:00 German stock and bond markets were volatile as Friedrich Merz failed to secure a majority in
Toy manufacturing won't move to U.S., but Mattel plans to raise prices to offset tariffs.
From CNBC: 2025-05-06 12:30:00 President Donald Trump’s 145% tariffs on China aim to bring manufacturing back to the U.S., but
Former Charles Schwab employee bullish on NVDA, AMD, GOOG, and AMZN stocks, emphasizing potential AI stocks
From Yahoo Finance: 2025-05-06 12:30:00 Lee Munson, a former Charles Schwab employee, owns Nvidia and AMD stock, bullish on GOOG
Skechers to be acquired by 3G Capital for $9.4 billion, going private.
From Yahoo Finance: 2025-05-06 12:29:00 Private equity firm 3G Capital acquired Skechers in a multibillion-dollar transaction, agreed upon by both
President Trump's new tariffs causing fear of global recession, small businesses struggling, facing closures
From Yahoo Finance: 2025-05-06 12:22:00 President Trump’s new tariffs have sparked fears of a global recession, with JPMorgan raising odds
Trade deals progression expected, with potential tariffs reduction and trade barriers removal
From Yahoo Finance: 2025-05-06 12:18:00 Treasury Secretary Scott Bessent announced potential new trade deals with major partners this week, with
US SEC closes inquiry into Morgan Stanley's cash sweep program with no enforcement action
From Yahoo Finance: 2025-05-06 12:15:00 The U.S. SEC has closed its investigation into Morgan Stanley’s cash sweep program for advisory
Comcast's Xfinity Mobile secures naming rights for Philadelphia arena, focusing on growth in mobile business.
From CNBC: 2025-05-06 12:00:00 The Wells Fargo Center in Philadelphia will be renamed the Xfinity Mobile Arena starting in September.
UnitedHealth ended $9B loan program for medical practices affected by cyberattack
From Yahoo Finance: 2025-05-06 11:56:00 UnitedHealth (UNH) provided $9B in loans to medical practices impacted by a cyberattack on its
Elon Musk unhappy with OpenAI's shift to for-profit, lawsuit against OpenAI proceeding to trial
From Yahoo Finance: 2025-05-06 11:48:00 Elon Musk is not pleased with OpenAI’s decision to keep its nonprofit in control amid
SLB and Subsea7 secure EPCI contract for Ginger project in Trinidad and Tobago
From Yahoo Finance: 2025-05-06 11:41:00 SLB and Subsea 7 secure EPCI contract from bp for Ginger project offshore Trinidad and
Saia and other companies purchasing 10 Yellow Corp. terminals in bankruptcy sale.
From Yahoo Finance: 2025-05-06 11:37:00 Yellow Corp. is selling 10 defunct terminals valued at $20.7 million in a bankruptcy sale.
Visa Inc. (V) is ranked as the 2nd best monopoly stock to buy now.
From Yahoo Finance: 2025-05-06 11:25:00 Visa Inc. (V) is analyzed among the top monopoly stocks. Morgan Stanley predicts single-digit S&P
Tariffs affecting medical device industry compliance, causing supply chain disruptions and increased regulatory requirements.
From Yahoo Finance: 2025-05-06 11:22:00 Tariffs impact medical device industry compliance, causing disruptions in supply chains and triggering additional regulatory
Rivian aims for profitability in 2025 through electric vehicles, facing competition from AI stocks.
From Yahoo Finance: 2025-05-06 11:13:00 In 2024, U.S. new car sales rose to 15.9 million, up 2.2% from 2023, with
Constellation Energy stock rose due to exceeding revenue expectations, but analysts advise against buying
From Yahoo Finance: 2025-05-06 11:07:00 Constellation Energy missed earnings but exceeded revenue expectations. Stock trades at 26 times earnings with
Middlefield Canadian Income investment trust transitions to ETF structure for liquidity improvement
From Morningstar: 2025-05-06 11:00:00 The UK-listed investment trust Middlefield Canadian Income (MCT) is switching to an ETF structure following pressure
Commentator bullish on AMD, citing strong earnings and purchases, but cautious due to U.S.-China trade tensions
From Yahoo Finance: 2025-05-06 10:59:00 Ryan Patel discussed why he is bullish on AMD stock, citing recent purchases by Cathie