Published March 27, 2025 05:40 PM EDT Bloomberg / Contributor / Getty Images Key Takeaways AppLovin shares plunged Thursday after short seller Muddy Waters alleged the adtech company engaged in “scammy” practices. The report comes just weeks after other short sellers including Fuzzy Panda and Culper Research accused the company of fraudulent and deceptive practices.

Key Takeaways This week’s post-earnings losses brought Nvidia’s stock near the January lows that came after a DeepSeek-driven plunge.  Analysts have largely remained bullish, pointing to Nvidia’s strong outlook on the back of growing AI demand. Several also said they expect Nvidia to benefit from DeepSeek’s emergence and growing competition. Nvidia’s (NVDA) stock has had

Shares of Hims & Hers Health (HIMS) plunged in late trading Monday after the company reported falling margins as costs rose, overshadowing better-than-expected sales. The online healthcare provider’s fourth-quarter revenue nearly doubled year-over-year to $481.14 million, while earnings per share rose to 11 cents from 1 cent a year ago. Both figures topped analysts’ mean

Key Takeaways Palantir shares plunged from their all-time highs Wednesday following a report the Trump administration has directed the Pentagon to make sizable cuts to the U.S. defense budget.  The Washington Post reported Wednesday that Defense Secretary Pete Hegseth ordered Pentagon officials to cut the U.S. defense budget by 8% annually for the next five

Key Takeaways Nvidia shares gained Monday, leading other chip stocks higher.  The surge helped lift the broader tech sector and the major U.S. indexes, after losing ground Friday. The gains for Nvidia came after partner TSMC reported a jump in sales, and Evercore ISI analysts issued a bullish note Monday ahead of the chipmaker’s earnings

Updated February 06, 2025 04:12 PM EST FABRICE COFFRINI / Contributor / Getty Images Key Takeaways Palantir shares surged to an all-time high Thursday, extending gains earlier in the week. Several analysts have raised their price objectives for the stock since Palantir on Monday gave a strong forecast for 2025. Palantir on Thursday also announced

Key Takeaways Canada, Mexico, and China threatened retaliatory measures after the White House announced 25% tariffs on goods from Mexico and Canada and 10% tariffs on items from China.  Canada said it would impose 25% tariffs on 155 billion Canadian dollars ($106 billion) worth of goods from the U.S., while Mexico said it would take

Key Takeaways Nvidia CEO Jensen Huang is set to meet with President Donald Trump at the White House Friday, Bloomberg reported, after a wild week for the chipmaker’s stock. Shares have lost over 12% this week after the emergence of a sophisticated, lower-cost AI model from Chinese startup DeepSeek spurred a reckoning on Wall Street about