Netflix stock has now given back all of its gains from the pandemic. On Monday, shares of the streaming service fell more than 2% to around $332, a 52-week low. Read more.
Tags : nvidia
Nvidia stock price retreated in after-hour trading yesterday despite the chip maker forecast next quarter revenue above analysts' estimates. Will the Nvidia stock price rebound persist? Read more.
Shares of Rivian Automotive fell 5% in after-hours trading Monday after the company said it missed its 2021 production target and confirmed the departure of its chief operating officer. Read more.
Elon Musk announced Friday on Twitter that Tesla will raise the price of its "Full Self-Driving" (FSD) package from $10,000 to $12,000 on Jan. 17 for U.S. customers only. Read more.
Semiconductor chip stocks have been rising amid supply shortages and strong demand. NVIDIA Corporation operates as a visual computing company worldwide in two segments: graphics and compute & networking. Read more.
The US Federal Trade Commission (FTC) is suing to prevent the $40 billion acquisition of British chip designer Arm Holdings by American Nvidia. Read more.
Debt-ridden property developer China Evergrande is set to raise about $273 million from the sale of its remaining stake in film production and streaming company HengTen Networks. This is according to a statement released before the stock market opened on Thursday. Evergrande, the largest issuer of U.S. dollar debt among Chinese property developers, was on the verge of officially defaulting this year. The company has made eleventh-hour payments and resumed building apartments owed to buyers. But that's only a fraction of what the company owes. Read more.
US stocks closed lower on yesterday, slipping from last week's record levels, as investors awaited guidance from first-quarter earnings to justify high valuations, while Tesla shares fell after a car crash. Read more.