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Robinhood Markets, Inc. has seen its stock price surge to a new 52-week high, driven by positive upgrades and a favorable market environment. The company's performance in 2024 and its position in the penny stock market have also contributed to its recent success.
Hino Motors, a subsidiary of Toyota, faces criminal charges in the U.S. for selling over 105,000 non-compliant diesel engines, marking a significant scandal in the automotive industry.
Instagram, owned by Meta, experienced a significant outage in the US on January 15, 2025, which was largely resolved by the afternoon, as reported by Downdetector.
BlackRock Inc. reported a record $11.6 trillion in assets under management in Q4 2024, driven by strong market performance and strategic acquisitions, leading to a rise in its stock price.
General Motors has signed a multi-billion dollar agreement with Vianode to secure synthetic graphite for its electric vehicle batteries, aiming to reduce reliance on China and enhance EV production.
The Bank of New York Mellon Corporation (BNY) reported a robust Q4 2024, with earnings and revenue surpassing expectations, leading to a significant rise in its stock price.
JPMorgan Chase reported a record annual profit and a significant Q4 earnings beat, driven by a surge in investment banking fees and trading revenue, surpassing Wall Street expectations.
Meta Platforms Inc. plans to cut approximately 5% of its workforce, focusing on low performers, as part of its ongoing efficiency drive. CEO Mark Zuckerberg announced the move in an internal memo, signaling an 'intense year' ahead with a focus on AI, smart glasses, and social media innovation.
Boeing's stock experienced a decline following a significant drop in aircraft deliveries in 2024, marking the lowest delivery numbers since the onset of the COVID-19 pandemic. The company faced challenges including a labor strike, production issues, and increased competition from Airbus.
Boeing aims to achieve a supply-demand balance for passenger jets by the end of the decade, as it navigates production challenges and competitive pressures from Airbus. The company reported its fourth quarter deliveries and outlined its recovery strategy.
Eli Lilly's stock experienced a significant decline after the company announced lower-than-expected sales forecasts for its weight-loss drugs, Mounjaro and Zepbound, for the fourth quarter of 2024.
Jim Snee, CEO of Hormel Foods, will retire at the end of fiscal year 2025 after a transformative 36-year career, including leading the company through significant acquisitions and strategic initiatives.
IAC's decision to spin off its stake in Angi has led to a significant rise in Angi's stock price, with CEO Joey Levin transitioning to lead the newly independent company.
KB Home (NYSE:KBH) reported a robust fourth quarter for 2024, with earnings and revenue surpassing analyst estimates, leading to a significant increase in stock value. The company's performance was driven by a 17% rise in home deliveries and a 41% increase in net orders, reflecting strong demand despite market challenges.
Signet Jewelers Ltd. experienced a significant stock drop after reporting disappointing holiday sales and lowering its fourth-quarter guidance, reflecting broader consumer spending challenges.
Apple Inc. has seen a significant drop in its market capitalization over the past 10 days, triggered by soft iPhone sales and a sell signal on the stock market. The company faces challenges in 2025, including stagnant iPhone growth and criticism from industry leaders.
Chevron Corporation has announced the appointment of Laura Lane, previously with UPS, as its new Chief Corporate Affairs Officer, effective February 1, 2025, succeeding Al Williams who is retiring.
Texas has filed a lawsuit against Allstate, accusing the insurer of illegally collecting driver data through cellphones without consent, leading to increased insurance premiums and data sales to other companies.
Shares of US Steel soared following reports that Cleveland-Cliffs and Nucor are considering a joint bid to acquire the company, amidst ongoing legal battles and national security concerns.
Sonos CEO Patrick Spence has resigned following a tumultuous period marked by a disastrous app update, leading to customer dissatisfaction and financial setbacks. Tom Conrad steps in as interim CEO as the company seeks to regain its footing.
Mason Capital has escalated its concerns over Grifols' transparency and governance, urging the Spanish regulator CNMV for more disclosure following allegations of conflicts of interest and questionable financial practices.
T-Mobile US has announced a $600 million acquisition of Vistar Media to expand its advertising capabilities in the digital out-of-home (DOOH) market, aiming to leverage Vistar's technology and extensive network of digital screens.
Tech stocks experienced significant declines on Monday due to rising interest rates and new AI chip export regulations, affecting major players like Nvidia, Palantir, and Apple.
Lululemon Athletica Inc. has raised its fourth-quarter sales and profit outlook following a robust holiday shopping season, reflecting strong consumer demand and operational efficiency.