Top News
Tesla Prepares for Robotaxi Launch This Month
Tesla is set to launch its robotaxi service this month, marking a significant expansion into autonomous transportation.
Nvidia Faces $8 Billion Revenue Hit from U.S. Export Controls on AI Chips to China
U.S. export restrictions on AI chips to China have forced Nvidia to write down $4.5 billion and expect $8 billion in missed sales in its fiscal second quarter.
Rigetti Computing Secures $350 Million in Follow-On Offering to Accelerate Quantum Computing Ambitions
Rigetti Computing raised $350 million through a follow-on offering, bolstering its cash reserves to $575 million to support quantum computing advancements and strategic initiatives.
Lucid Group Sees 58% Jump in Q1 Deliveries Amid Challenges
Lucid Group reported a 58% year-over-year increase in Q1 2025 deliveries, reaching 3,109 vehicles, despite facing challenges with its Gravity SUV launch and revenue shortfalls.
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Palantir Awarded Contract to Build Starlab, a Potential ISS Successor
Palantir secures a significant contract with Voyager to develop Starlab, a potential successor to the International Space Station, alongside major industry players.
Intel Launches Aggressive Turnaround Plan Under New CEO Lip-Bu Tan
Intel's new CEO, Lip-Bu Tan, has unveiled a comprehensive turnaround plan, including strategic operational overhauls and workforce restructuring.
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SoFi Reports 217% Net Income Surge in Q1 2025
SoFi's Q1 2025 earnings reveal a 217% year-over-year surge in net income, driven by strong revenue growth and strategic initiatives.
Ford Faces Mounting Financial Pressures Amid Declining Free Cash Flow and Rising Debt
Ford's financial health is under strain due to a significant decline in free cash flow and a substantial increase in debt, raising concerns about its competitiveness and profitability.
BTG Faces Rising Costs with 14% Year-Over-Year Increase in AISC
BTG's all-in-sustaining costs (AISC) surged 14% year-over-year to $1,533 per ounce in Q1, signaling cost pressures and operational challenges.
American Airlines Appoints Kathryn Farmer to Board, Enhances Leadership Team
American Airlines has appointed Kathryn Farmer to its board and named Tony J. Richmond to an executive role, aiming to strengthen leadership amid financial challenges.
Ambev Delivers Strong First-Quarter Financial Performance
Ambev reported a 7% year-over-year increase in organic revenue, driven by strong volume growth and price adjustments, highlighting robust first-quarter financial performance.
Nu Holdings Sees Record Customer Growth, Solidifying Fintech Leadership
Nu Holdings added 4.3 million customers in Q1 2025, reaching 118.6 million total, showcasing its rapid expansion and financial momentum.
Simplicity Wealth LLC Invests in MARA Holdings, Inc.
Simplicity Wealth LLC purchased 102,969 shares of MARA Holdings, Inc., while insiders sold shares worth $2.08 million.
Transocean Secures $100M Contract with Equinor for Spitsbergen Rig
Transocean Ltd. (RIG) has secured a $100 million contract with Equinor ASA to extend drilling operations at the Spitsbergen rig in Norway, enhancing its operational presence.
GameStop Announces $1.75 Billion Debt Offering to Fund Strategic Investments
GameStop plans to raise $1.75 billion through a convertible bond sale to fund investments and acquisitions, including a significant push into bitcoin.
Oracle Boosts Annual Revenue Forecast, Invests Heavily in AI and Cloud Infrastructure
Oracle raised its annual revenue forecast and announced significant investments in AI and cloud infrastructure, signaling strong growth prospects despite challenges.
Archer Aviation Secures $850M Funding to Advance eVTOL Initiatives and Infrastructure
Archer Aviation raised $850 million through a stock sale to support its Launch Edition program and infrastructure expansion, bolstering its position in the eVTOL market.
Applied Digital Partners with ABB to Boost AI Data Center Efficiency
Applied Digital (APLD) has partnered with ABB to enhance AI data center efficiency, aligning with its strategic focus on energy optimization and revenue growth.
PG&E Reports Earnings Miss and Revenue Shortfall
PG&E missed quarterly earnings estimates and reported lower-than-expected revenue, raising concerns about its financial performance.
BEKE Reports 42% Year-over-Year Revenue Growth in Q1 2025
BEKE achieved a 42% year-over-year revenue growth in Q1 2025, driven by strong performance in new home transactions and rental services.
