The local social media platform has announced impressive financial results. The Incident Nextdoor, the social media company with a neighbourhood-centric approach (NYSE: KIND), revealed its earnings for the first quarter on Tuesday, causing its stock to rise considerably, Nextdoor’s shares had experienced…
Tesla’s CEO, Elon Musk, is optimistic about the impact of the company’s artificial intelligence (AI) technology on both its stock and overall performance. Musk recently shared his predictions, stating that Tesla is on the verge of having its “ChatGPT moment,” referring to…
Despite decreased profits, the oil firm continues to generate substantial cash, which is being distributed back to stockholders. A hike in oil prices post-Russia’s Ukraine invasion significantly boosted Occidental Petroleum’s (NYSE: OXY) earnings last year. Nonetheless, crude oil prices have seen a…
In the ever-evolving landscape of technology and investment, two software giants have emerged as compelling options for long-term investors. Microsoft and The Trade Desk, both leaders in their respective domains, offer unique growth opportunities and demonstrate resilience in uncertain economic conditions. With…
What’s Going On? From May 9, 2023, Starbucks is implementing an additional $1 charge for customers ordering a Refreshers beverage without water. The additional charge is to cover the cost of the extra ingredients needed to fill the cup when water is…
What occurred During April, the Consumer Price Index (CPI), a metric used to gauge changes in the cost of consumer goods and services, experienced a 4.9% annual increase. Compared to March, the CPI rose by 0.4%. This rise was driven mainly by…
Since the latter half of 2021, inflation has persistently posed a challenge. Despite a consistent downward trend since its June 2022 peak, inflation levels are yet to align with what the Federal Reserve deems to be expected or manageable. April’s Consumer Price…
Recent Statistics From Rivian Might Reignite Investor Interest in the EV Maker’s Stock Recently, investor confidence in Rivian Automotive (NASDAQ: RIVN) has declined due to numerous concerns, such as lacklustre production, sluggish deliveries, rising losses, and an underwhelming outlook for 2023. However,…
Coca-Cola, the global beverage giant, continues its upward trajectory as its stock reaches near all-time highs. The company’s stellar performance in the beverage market is translating into excellent returns for shareholders, backed by strong growth in both core brands and newer franchises.…
In a surprising turn of events, Elon Musk, the renowned entrepreneur and CEO of Tesla and SpaceX, has found a woman to take over the reins of Twitter, which he purchased last fall. As part of the transition, Musk will shift his…