Gritstone Bio Workforce Reduction
The shares of Gritstone Bio saw a significant drop late Thursday as the company revealed plans to reduce its workforce by approximately 40%. The stock plummeted by 23% in after-hours…
SoundHound AI Financial Results
SoundHound AI Inc. had a significant moment in the spotlight Thursday, showcasing itself as an artificial-intelligence player. However, despite delivering a positive outlook for fiscal 2025, their stock experienced a…
Chemours Co. Accounting Issues
Shares of Chemours Co. experienced a significant selloff on Thursday as investors were shocked to discover that the accounting problems they were previously informed about were much more severe than…
The Rise of Nvidia
Nvidia Day: A Leap Year Celebration? This leap year, it seems only a matter of time before someone suggests renaming Feb. 29 as Nvidia Day. Industry Dominance and Investor Sentiment…
GXO Logistics Makes Bold Move for Wincanton
GXO Logistics has made a bold move by offering a substantial 762 million-pound cash offer for Wincanton, triggering a fierce bidding war with CEVA, a subsidiary of CMA CGM. This…
Malaysian Stocks Resilient After Brief Decline
Malaysian Stocks Show Resilience Malaysian stocks displayed strength as they bounced back from a one-day decline on Thursday, with the benchmark FTSE Bursa Malaysia KLCI FBMKLCI rising by 0.4% to…
Universal Music Potential TikTok Takedowns
During a call with analysts, Universal Music Chairman and CEO Lucian Grange discussed the possibility of taking down music videos from TikTok as a result of a dispute over fees…
TotalEnergies’ Long-Term LNG Supply Agreement with Sembcorp Fuels
TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) has recently entered into a sale and purchase agreement (SPA) with Sembcorp Fuels, a subsidiary of Singapore's Sembcorp Industries. Under this agreement, up to 0.8 million…
Tech Stocks Slip After AI Rally
Shares of technology companies took a hit as the AI rally came to a standstill. Despite this, Nvidia shares saw a slight decrease of more than 1%, remaining up by…
Okta Reports Strong Revenue Growth
In its most recent quarter, Okta showcased impressive revenue figures thanks to the support of its large customer base. The digital identity verification provider reported a narrowed loss of $44…
U.S. Natural Gas Inventory Update
According to a recent survey, U.S. natural gas inventories are likely to have seen another below-average withdrawal last week. The mild temperatures in February have led to an anticipated decrease…
Chinese Regulators to Increase Oversight
Chinese regulators have announced plans to enhance oversight of direct market access (DMA), a popular strategy in quantitative trading known for being highly leveraged. This move comes in response to…