Rivian Beat The Street's Q1 Projections. Its Stock Fell Anyway.
Shares of Rivian fell despite the EV maker reporting first quarter data and a full-year outlook that aligned with its projections.
Edgewise Therapeutics Stock Plummets on Drug Trial 'Adverse Events'
Edgewise Therapeutics shares tumbled more than 20% Wednesday after the developmental drug company issued the results of its latest clinical trial.
Why nCino (NCNO) Stock Is Nosediving
Shares of bank software company nCino (NASDAQ:NCNO) fell 34.3% in the pre-market session after the company reported weak fourth quarter 2024 (fiscal 2025) results as its revenue and EPS guidance for next year fell short of Wall Street's estimates. The quarter was underwhelming, with sales roughly in line with expectations, while earnings missed by a wide margin. The results revealed a continued struggle to turn a profit and manage cash burn, while the guidance suggested a sharp slowdown in growt
Newsmax follows Trump Media in sparking meme stock frenzy
Shares of right-wing cable news outlet Newsmax have gained as much as 2,190% since its IPO debut on Monday.
DoorDash Stock Jumps on Domino's Pizza Partnership
DoorDash shares surged Wednesday after the delivery platform announced a new partnership with Domino's Pizza.
PIMCO steps up private lending to emerging market governments
Bond giant PIMCO has privately lent nearly $6 billion to emerging market borrowers, mostly governments, this year alone, securing higher returns and better lender protections, its head of emerging markets portfolio management said on Wednesday. That is already nearing the roughly $8.5 billion PIMCO lent last year in 27 deals, Pramol Dhawan told Reuters, out of a total of around $25 billion it has provided in recent years. For emerging markets wary of being caught out by unfavourable changes in broader sentiment, private credit - which is also booming in developed economies - is seen as a more flexible but also less visible way to borrow.
What Could Trump's Reciprocal Tariffs Mean for the Stock Market?
Wall Street was on edge Wednesday as market participants awaited President Trump’s announcement of reciprocal tariffs after months of speculation.
Trump Media Stock Falls Amid Worries Trump Trust Could Sell Shares
Trump Media's stock slid Wednesday after a regulatory filing raised worries company insiders could sell shares.
Tesla Stock Rises as Politico Says Musk May Soon Leave White House
Tesla's stock turned positive Wednesday as a report suggested that CEO Elon Musk might be stepping back from some of his government work.
Tesla’s turn as 'political stock': Is Musk's rhetoric tanking his own company?
Tesla faces record sell-offs as buyers and investors flee Elon Musk’s embrace of Trump and his politics.View on euronews