Akamai Technologies Stock Leads S&P 500 Decliners Following Weak Outlook
Shares of Akamai Technologies tumbled 20% to lead S&P 500 decliners Friday, as weaker-than-expected forecasts outweighed better-than-expected fourth-quarter results.
Shares of Akamai Technologies tumbled 20% to lead S&P 500 decliners Friday, as weaker-than-expected forecasts outweighed better-than-expected fourth-quarter results.
(Bloomberg) -- Short sellers that bet against Celsius Holdings Inc.’s fortunes before their planned acquisition of rival Alani Nu are now seeing hundreds of millions in losses.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: Disney’s New York Headquarters Is for Grown-UpsT
Nvidia is set to report fourth-quarter results after the market closes Wednesday, with analysts widely bullish on the AI chipmaker's stock.
U.S. equities dropped at midday following the latest data on consumer sentiment and a report that UnitedHealth Group is under a federal probe.
Rivian Automotive shares fell Friday, a day after the company predicted 2025 deliveries below analysts' estimates.
MercadoLibre shares surged on Friday after the Latin American e-commerce giant's fourth-quarter earnings came in well above expectations.
Wall Street stocks could be facing a correction because of ructions in the options market, Goldman Sachs specialist Scott Rubner said in a Thursday note seen by Reuters on Friday. Roughly $2.7 trillion of U.S. stock market derivatives are due to expire on Friday, which if not exercised, will put pressure on stock markets and stoke volatility, the note said. S&P 500 and European stock markets hit a record highs on Tuesday but have since declined amid Trump's latest tariff warning on pharmaceuticals, semiconductor chips and wood, which among other threats, has exacerbated fears of a broad trade war and unnerved investors.
Nvidia CEO Jensen Huang has addressed a selloff that wiped nearly $600 billion from his company’s market value—and caused his personal wealth to plummet.
Problems mount for UnitedHealth Group as the company faces several headwinds to start the year.
(Bloomberg) -- One of the few Russian companies left on any of the world’s major exchanges saw a more than 15-fold surge in trading activity this week as speculators bet US President Donald Trump will try to ease sanctions.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalTrump Targets $128 Billion California High-Speed Rail ProjectTrump Asserts Power Over NYC, Proclaims ‘Long Live the King’Airbnb Billionaire Offers Pre-Fab Homes for LA Fire VictimsSorry, Kids: D