NASDAQ is experiencing a major correction, where can you hide? The Dow Jones, gold, and US bonds are all falling, but bitcoin remains 'strong'.
Market style has changed due to factors such as improved prospects for Trump's campaign and increased expectations for interest rate cuts.
Tesla Gets Green Light From Canadian Government To Deploy Steer-By-Wire System, Clearing Path For Cybertruck Sales
EV giant Tesla Inc (NASDAQ:TSLA) has crossed an important milestone on the way to rolling out its stainless steel Cybertruck in the neighboring country of Canada. What Happened: Canada granted the
Bill Gates Wants Elon Musk To Talk About Climate But Tesla CEO Thinks Climate Change Alarm Is Exaggerated: 'He'll Talk About Whatever He Feels Like'
Microsoft Corp. co-founder and billionaire Bill Gates wishes that Tesla Inc. CEO Elon Musk would talk more about climate change but the latter might not.What Happened: "He talks a lot. I hope he
Elon Musk Says Tesla Deleted CrowdStrike From Its Systems But Was Not Untouched By Global IT Outage: 'Unfortunately, Many Of Our Suppliers...Use It'
Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Friday said that the EV company was affected by the recent global IT outage which gave a 'seizure' to the automotive supply chain. What Happened: A software
Microsoft-CrowdStrike Issue Caused 'Largest IT Outage In History,' Showing How Much We Depend On A Handful Of Companies
The global IT outage, which has been attributed to a software update from cybersecurity firm CrowdStrike Holdings Inc. (NASDAQ:CRWD), has been described as the "largest IT outage in history,"
Tesla Earnings Preview: Will Robotaxi and Energy Storage Drive Stock Performance?
Tesla is set to release its second-quarter earnings report for the period ending June 30 after the market closes on July 23.
Elon Musk Reacts As Rapper Meek Mill Flexes His All-Black Cybertruck Ahead Of His New Song Named After Tesla's EV Truck
American rapper Meek Mill has seemingly joined the long list of celebrities to own a Cybertruck. But unlike the others on the list, the rapper also teased a song named after Tesla Inc's stainless
Options Market Statistics: CrowdStrike Shares Dive 11% Following Global Tech Outage, Options Pop
News Highlights
US stocks closed with all three major indices falling, with the S&P Nasdaq index seeing its largest weekly decline in three months. Technology stocks weakened, with Tesla down more than 4%, Nvidia down more than 2%, and CrowdStrike down more than 11%.
Investors accelerated their escape from technology stocks, with stocks and bonds in Europe and the United States being hit hard for two days. This week, the S&P 500 and Nasdaq fell by about 2% and 3.7%, respectively. The Nasdaq stopped its six-week continuous rise, while the Dow and small-cap indices rose by 0.7% and 1.7%, respectively. Chip stocks fell more than 3% on Friday and nearly 9% for the week. Nvidia also fell more than 8.7% for the past three months, making it the worst performer. The "seven sisters of technology" all fell for the week, and cybersecurity leader Crowdstrike, which triggered a global technology outage, fell 11% on Friday, the worst in nearly two years. The VIX panic index rose more than 32% for the week.
NetherRealm Disbands Mobile Team, Shutting Down Mortal Kombat: Onslaught
Warner Bros Discovery Inc's (NASDAQ:WBD) NetherRealm Studios, the renowned developer behind the Mortal Kombat franchise, is experiencing significant upheaval with a recent round of layoffs and the
'Blue Screen of Death' Adds to Tech Pain on Summer Friday | Wall Street Today
U.S. stocks pulled back Friday, as the largest IT crash in history sent tech even lower for there week following a semiconductor sector pullback.
Meta Data Changes ADS Ratio From 1 ADS Representing 2 Class A Shares To 1 ADS Representing 10 Class A Shares
Meta Data Changes ADS Ratio From 1 ADS Representing 2 Class A Shares To 1 ADS Representing 10 Class A
Meta's 34% Year-to-Date Surge and a 5% Stake in EssilorLuxottica Transform Ray-Ban Smart Glasses and Reshapes Its Stock Trajectory
Meta has purchased a 5% stake in EssilorLuxottica for 4.33 billion euros.Market analysts remain optimistic about the growth potential of Ray-Ban smart glasses as Meta continues to enhance its
Government Agency Advises Public Against Testing 911 In Wake of CrowdStrike Outage
As much as someone may be tempted to dial 911 to make sure the emergency number works following the widespread CrowdStrike outage, authorities are coming across with this simple message: Don't do it.
Catalyst Watch: Earnings Deluge, Farnborough Airshow, Paris Olympics, and Trump Talks Crypto
Trump Pledges End to EV 'Mandate' on Day One Driving EV Shares Lower
What's Going On With Rivian Stock?
Rivian Automotive, Inc. (NASDAQ:RIVN) shares are trading slightly lower with the broader market Friday. The stock remains up by nearly 50% over the past month. The Details:A recent report from
Elon Musk Says CrowdStrike 'Deleted From All Our Systems'
Alphabet, Dell And 2 Other Stocks Insiders Are Selling
The Nasdaq Composite dipped 0.70% during Thursday's session. Investors, meanwhile, focused on some notable insider trades.When insiders sell shares, it could be a preplanned sale, or could indicate
10 Consumer Discretionary Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity