Category: Business

Shares of Uber Technologies (NYSE: UBER) fell 9.6% in today’s trading. At first it may seem odd for Uber to be falling, as the company didn’t make any major announcements today. However, a possible future competitor did, with big potential long-term implications. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market

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(Bloomberg) — South Korean President Yoon Suk Yeol’s surprise decision to impose martial law in South Korea for the first time in more than 40 years — and then just as swiftly reverse course — sparked whiplash in the country’s foreign-traded assets and caught global markets off guard, at one point sending US Treasury yields

By Tom Hals and Jonathan Stempel WILMINGTON, Delaware (Reuters) – A Delaware judge ruled on Monday that Tesla CEO Elon Musk still is not entitled to receive a $56 billion compensation package despite shareholders of the electric vehicle company voting in June to reinstate it. The ruling by the judge, Chancellor Kathaleen McCormick of the

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Rocket Lab (NASDAQ: RKLB) investors just keep on winning. The space flight company is up around 500% in the last 12 months, which is more than double the returns of Nvidia in that same time frame. It has been an incredible run for the stock, led by its increasing performance in space launches and satellite

Super Micro Computer (NASDAQ: SMCI), the AI server maker, has taken investors on a wild ride over the last three months. The company’s troubles began with a short-seller report from Hindenburg Research at the end of August, alleging a wide range of accounting irregularities. That was shortly followed by a delay in the filing of

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Nvidia (NASDAQ: NVDA) recently reported another blowout quarter. After guiding investors to expect revenue in its fiscal 2025 third quarter to be around $32.5 billion, the leading artificial intelligence (AI) company reported record quarterly sales of $35.1 billion for the period ended Oct. 27. Exceeding expectations has become the norm, though, as AI capital spending

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