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1 min read

Reliance Power gets shareholders' nod to raise ₹1,525 crore via preferential shares

On September 23, the board of Reliance Power Ltd had approved raising Rs 1,524.60 crore throu…

PTI   


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2 mins read

Russia could merge state-run oil companies to make the world's 2nd largest producer, report says

A deal to combine three of Russia's biggest oil firms would create the biggest producer in the worl…

Kelly Cloonan   


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2 mins read

Elon Musk's pay-deal vote is the ultimate 'meme stock' test for Tesla, investor says

The vote on the Tesla CEO's comp package will be an indicator of how central he is to Tesla's ongoi…

Filip De Mott   


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2 mins read

3 post-election reasons why stocks will rise into year-end, Goldman says

The S&P 500 will continue to rally into through the end of the year as Trump's victory ends a perio…

Filip De Mott   


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2 mins read

Trump Media, Tesla, and crypto stocks surge as Trump wins — and clean energy companies tumble

Shares of Trump's social media company, Elon Musk's Tesla, and both Coinbase and MicroStrategy jump…

Theron Mohamed   


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1 min read

Roaring Kitty becomes the 4th largest GameStop shareholder after nearly doubling his position to 9 million shares

With Gill owning nine million shares, he stands to earn or lose $90,000 for every penny move in Gam…

Matthew Fox   


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1 min read

Amazon stock jumps most in 9 months as cost cuts, cloud spark earnings beat

Amazon shares jumped as much as 7.6% on Friday, putting them on pace to close near all-time highs.

Filip De Mott   


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1 min read

Microstrategy is raising $42 billion — almost its entire market value — to buy more bitcoin

Microstrategy plans to issue debt and equity over three years to buy bitcoin. Its stock is trading …

Matthew Fox   


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2 mins read

Billionaire investor David Einhorn says buying HP stock is a cheap way into the AI craze

The Greenlight Capital founder said the PC market could se a stronger upgrade cycle as a result of …

Filip De Mott   


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2 mins read

One of Wall Street's biggest bears is turning upbeat on the stock market for the first time in 2 years

"While it is too soon to assume that this is a turning point, it does suggest that a recession is u…

Matthew Fox   


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2 mins read

Tesla shareholders are pressing Musk to release new models

Investors are asking when Tesla plans to release new EVs in an online Q&A forum ahead of the automa…

Tom Carter   


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2 mins read

Lululemon just released new leggings. Shoppers and shareholders are mad.

Some shoppers called the back of the new leggings a "whale tail." Lululemon's shares ended Thursday…

Shubhangi Goel   


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1 min read

Trump Media stock is down 70% since going public. One expert says its $3 billion valuation is still 'unjustifiable.'

"They had sales of $837,000 last quarter and a net loss of $16.4 million. The numbers don't jive," …

Matthew Fox