Tag Archives: Stock

Oracle layoffs: Stock price rises as sudden job cuts shock employees

March 31, 2026 Oracle layoffs: Stock price rises as sudden job cuts shock employees BY Michael Grothaus Another round of layoffs has hit the tech industry, this time at SaaS giant Oracle Corporation (NYSE: ORCL). The job cuts reportedly came out of the blue for most affected employees, with many receiving an early-morning email announcing their … Continue reading Oracle layoffs: Stock price rises as sudden job cuts shock employees

SpaceX IPO: What we know about the initial public offering as the eagerly awaited stock listing date nears

March 27, 2026 SpaceX IPO: What we know about the initial public offering as the eagerly awaited stock listing date nears BY Michael Grothaus With some of the largest and most influential tech giants planning to go public this year, 2026 is shaping up to be the year of the mega IPO. Stock listings from OpenAI, … Continue reading SpaceX IPO: What we know about the initial public offering as the eagerly awaited stock listing date nears

Pershing Square IPO: Billionaire Bill Ackman’s hedge fund plans dual stock listing on the NYSE

March 10, 2026 Pershing Square IPO: Billionaire Bill Ackman’s hedge fund plans dual stock listing on the NYSE BY Michael Grothaus Billionaire investor Bill Ackman is planning to take his Pershing Square management company (PS) public. But in doing so, Ackman is taking an unusual route: He is also starting a new fund, Pershing Square USA … Continue reading Pershing Square IPO: Billionaire Bill Ackman’s hedge fund plans dual stock listing on the NYSE

Live Nation stock jumps after reports a DOJ settlement may stop a Ticketmaster breakup

March 09, 2026 Live Nation stock jumps after reports a DOJ settlement may stop a Ticketmaster breakup BY Grace Snelling   Investors in the live entertainment giant Live Nation are feeling optimistic this morning after reports that the company has settled its civil antitrust lawsuit with the Department of Justice (DOJ) and 39 participating states. The … Continue reading Live Nation stock jumps after reports a DOJ settlement may stop a Ticketmaster breakup

Apple stock rises again after Trump and CEO Tim Cook appear at the White House to tout U.S. investment

August 07, 2025 Apple stock rises again after Trump and CEO Tim Cook appear at the White House to tout U.S. investment BY Sarah Fielding President Trump and the tech industry are continuing their dance of give and take. This time, it’s Apple doing the appeasing. On Wednesday, August 6, CEO Tim Cook announced that Apple … Continue reading Apple stock rises again after Trump and CEO Tim Cook appear at the White House to tout U.S. investment

NVO stock: Why did Novo Nordisk shares drop 20% today—and who is Maziar Mike Doustdar?

July 29, 2025 NVO stock: Why did Novo Nordisk shares drop 20% today—and who is Maziar Mike Doustdar? BY Michael Grothaus Health-related stocks are not having a good day. First, America’s largest health insurance provider, UnitedHealth Group (NYSE: UNH), saw its stock drop more than 4% this morning after the company announced disappointing second-quarter results and … Continue reading NVO stock: Why did Novo Nordisk shares drop 20% today—and who is Maziar Mike Doustdar?

Rigetti Computing stock price: Why shares took a quantum leap today

July 16, 2025 Rigetti Computing stock price: Why shares took a quantum leap today BY Sam Becker Shares in the quantum computing firm Rigetti Computing are experiencing what you might call quantum leap. The Berkeley, California, company announced on Wednesday that it “has achieved its mid-year performance milestone of 99.5% median [two-qubit gate fidelity] on its … Continue reading Rigetti Computing stock price: Why shares took a quantum leap today

U.K.’s Bytes Technology stock plunged over 27%. Here’s why

July 02, 2025 U.K.’s Bytes Technology stock plunged over 27%. Here’s why BY Reuters Shares of U.K.’s Bytes Technology plunged over 27% on Wednesday after the IT firm said its operating profit for the first half of fiscal 2026 would be marginally lower due to delayed customer decisions and longer-than-expected readjustments from internal restructuring. Trading in … Continue reading U.K.’s Bytes Technology stock plunged over 27%. Here’s why

Target stock tumbles again as customer backlash over its DEI rollback takes a bite out of sales

May 21, 2025 Target stock tumbles again as customer backlash over its DEI rollback takes a bite out of sales BY Sarah Bregel Sales at retail giant Target took a dive during the first three months of 2025 and executives have indicated that boycotts over its rollback on diversity, equity, and inclusion (DEI) practices are at … Continue reading Target stock tumbles again as customer backlash over its DEI rollback takes a bite out of sales