China became the only member of the Group of 20 (G20) to oppose a joint statement addressing the issue of low-cost exports from non-market economies inundating the market with inexpensive exports. "Non-market-based economies pushing out a never-ending stream of cheap…
Uber Technologies, Inc. (NYSE:UBER) is undertaking one of its biggest organizational resets in years, cutting jobs, reducing management layers and redirecting spending toward its core ride-sharing, delivery and autonomous-vehicle businesses. Uber Cuts About 3,300 Jobs Uber is eliminating about 3,300…
Shares of SoFi Technologies Inc. (NASDAQ:SOFI) are trading marginally higher Wednesday morning. The digital financial services firm continues to navigate a turbulent macroeconomic backdrop, where a sharp rise in benchmark Treasury yields has weighed on rate-sensitive fintech lenders. Here’s what…
Treasury yields are climbing back toward multi-year highs, creating a rare opportunity for investors sitting on cash. But with the 10-year Treasury yield around 4.8% and the 30-year yield above 5%, investors face an important choice. Should they lock in…
Super Micro Computer Inc. (NASDAQ:SMCI) shares are trading higher in sympathy with Dell Technologies Inc. (NYSE:DELL), which reported second-quarter fiscal-year 2027 results yesterday after market close. Super Micro Computer stock is gaining positive traction. What’s driving SMCI shares up? Dell Upbeat…
Purple Biotech Ltd. (NASDAQ:PPBT) stock is surging on Wednesday following a favorable U.S. patent update. The U.S. Patent and Trademark Office granted the biotechnology company a Notice of Allowance regarding a crucial patent application that covers its tri-specific antibody constructs…
Shares of Eos Energy Enterprises Inc. (NASDAQ:EOSE) are trading higher Wednesday morning after the company announced a major commercial collaboration with Google and MN8 Energy. The tripartite partnership provides high-profile hyperscaler validation for Eos’ proprietary zinc-based long-duration energy storage platform,…
Snowflake Inc. (NYSE:SNOW) shares are in the spotlight, with earnings on deck today, recent analyst activity, and a technical setup showing a cooling pace within a bullish structure. Snowflake shares are under pressure. What’s driving SNOW stock lower? Earnings Preview &…
GitLab Inc. (NASDAQ:GTLB) stock surged Wednesday after the company reported strong fiscal second-quarter results. The software developer also issued upbeat third-quarter guidance and raised its fiscal 2027 outlook.GitLab reported adjusted earnings of 24 cents per share. That beat the consensus…
Scorpio Gold Corporation (NASDAQ:SGLD) shares are trading higher after the company began trading its ADSs on the Nasdaq. Scorpio Gold shares are testing new highs. What’s driving SGLD to record levels? Scorpio Gold ADSs Begin Trading on Nasdaq Under ‘SGLD’ Scorpio…