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Shares of Rivian Automotive, Inc. fell sharply on Friday after the release of its latest quarterly results. Investors shifted focus away from improving fundamentals toward the company’s growing reliance on a single customer and the uncertain ramp-up of its next-generation vehicle platform. The stock declined about 5.7% on Thursday. Amazon dependence draws investor scrutiny A… Continue reading Rivian stock drops 5%: is Amazon reliance a growing risk?

Shares of Tesla edged higher in early trading on Friday, extending modest gains after the stock posted its first monthly advance of the year. However, investor sentiment remained constrained by slow progress in its artificial intelligence initiatives. The stock was up around 1.22% at $386.69, while the S&P 500 and Dow Jones Industrial Average rose… Continue reading Why Tesla stock is up around 1% today

Exxon Mobil reported a mixed performance for the first quarter of 2026. While the company’s revenue exceeded expectations, its adjusted earnings per share were below forecasts.  This shortfall was primarily attributed to substantial one-off charges and timing issues related to derivatives. The stock fell 1.6% on Friday after the results came out. The strong underlying… Continue reading ExxonMobil earnings mixed as conflict costs weigh; shares slips

US stocks gained on Friday, building on the momentum from one of the strongest monthly rallies in years, as investor optimism around corporate earnings outweighed lingering concerns about geopolitical tensions and oil market volatility. The Dow Jones Industrial Average rose about 180 points, or 0.36%, while the S&P 500 gained 0.54% and the Nasdaq Composite… Continue reading Dow rises 180 points as earnings boost stocks, oil eases but risks linger

Shares of Reddit surged in premarket trading on Friday after the company reported stronger-than-expected first-quarter results and issued an upbeat revenue forecast, highlighting growing returns from its artificial intelligence-driven advertising strategy. The stock rose about 12% ahead of the open, extending gains after climbing 6.3% in after-hours trading following the earnings release. Despite the rally,… Continue reading Reddit stock jumps 12%: can AI-driven ads spark stock revival?

Chinese electric vehicle maker BYD reported another monthly decline in vehicle sales, marking its longest-ever downturn as demand in its home market remains subdued. BYD’s vehicle sales fell 15.5% year-on-year in April, extending the streak to eight consecutive months of decline. The figures were based on Reuters calculations using data from a Weibo post by… Continue reading BYD sales fall for eighth month as China demand lags

US stock index futures edged modestly higher on Friday as investors absorbed a strong earnings beat from Apple and basked in the afterglow of April’s exceptional rally, which handed the S&P 500 its best monthly performance in more than five years. The gains were tempered, however, by a sharp sell-off in Roblox after a sweeping… Continue reading Dow futures surge 116 points: 5 things to know before market opens

The S&P 500 closed April at a fresh record high, capping its strongest monthly performance in over three years, as investors weighed escalating geopolitical tensions in the Middle East against robust corporate earnings and signs of continued economic resilience in the United States. The benchmark index rose 1% on Thursday, taking its gains for the… Continue reading Markets shrug off oil volatility to end April at record high

Meta’s first-quarter numbers looked strong on paper: revenue rose 33% to $56.3 billion, and the company kept its operating margin at 41%. But the stock still fell roughly 7% in extended trading after Meta lifted its 2026 capex plan to $125 billion to $145 billion. The reason was simple: Wall Street likes growth, but it… Continue reading Why smart investors are buying Nvidia and Micron after Meta’s call