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Market News
Latest financial news and analysis from global markets
TSLA
Tesla Has Some Robot Competition. The Stock Is Up.
Tesla’s humanoids aren’t for sale yet, but China’s Unitree Robotics has some options. Unitree is now selling its cheapest humanoid robot on Alibaba’s AliExpress, according to Bloomberg. The R1 Humanoid Robot lists for $6,820.40 and is available for preorder now.
ABT
Abbott Verdict And Exact Sciences Deal Reshape Risk And Growth Outlook
Abbott Laboratories faces a $70 million jury verdict in Illinois over alleged failure to warn about risks linked to its Similac Special Care infant formula. The company is confronting more than 1,700 similar lawsuits nationwide tied to necrotizing enterocolitis in premature infants. Abbott also announced a $21 billion deal to acquire Exact Sciences, described as the largest healthcare diagnostic acquisition in two years. For investors watching NYSE:ABT, these developments arrive after a...
SOLUSDT
DeFi Development Unveils Solana Treasury Strategy, Targets “SOL Per Share” Growth at Conference
DeFi Development (NASDAQ:DFDV) outlined its Solana-focused digital asset treasury strategy and broader ecosystem participation approach during a fireside chat hosted by Centri Business Consulting’s Mike Andrusko, Partner and Fintech and Digital Assets Practice Leader. The discussion featured Daniel
UBER
Uber Stock Rises. Its Robo-Taxi Strategy Has a Hidden Risk.
Ride-hailing pioneer Uber is leaning into robo-taxi technologies. Uber is planning to spend $10 billion on self-driving cabs, according to the Financial Times, which included $2.5 billion in equity stakes in self-driving car companies and $7.5 billion to build its own robo-taxi fleet. Uber didn’t immediately respond to a request for comment.
NVDA
Uber Stock Rises. Its Robo-Taxi Strategy Has a Hidden Risk.
Ride-hailing pioneer Uber is leaning into robo-taxi technologies. Uber is planning to spend $10 billion on self-driving cabs, according to the Financial Times, which included $2.5 billion in equity stakes in self-driving car companies and $7.5 billion to build its own robo-taxi fleet. Uber didn’t immediately respond to a request for comment.
GOOGL
Uber Stock Rises. Its Robo-Taxi Strategy Has a Hidden Risk.
Ride-hailing pioneer Uber is leaning into robo-taxi technologies. Uber is planning to spend $10 billion on self-driving cabs, according to the Financial Times, which included $2.5 billion in equity stakes in self-driving car companies and $7.5 billion to build its own robo-taxi fleet. Uber didn’t immediately respond to a request for comment.
KMB
Kimberly-Clark Details Structure, Leadership Team Following Kenvue Deal
The combined company, which will include consumer brands such as Kleenex tissues and Huggies diapers as well as over-the-counter products including Tylenol and Listerine, will operate under four geographic business segments.
ABT
Abbott Laboratories Insiders Added US$3.10m Of Stock To Their Holdings
Multiple insiders secured a larger position in Abbott Laboratories ( NYSE:ABT ) shares over the last 12 months. This is...
AAPL
Apple CEO Tim Cook Buys Nike Stock. His Last Purchase Didn’t Go So Well.
While Wall Street has been sprinting away from Nike stock this year, recent purchases by Apple CEO Tim Cook and the apparel maker’s chief executive signal some insiders are betting on a comeback. Cook purchased 25,000 Nike shares on Friday for roughly $42.43 each, according to a filing with the Securities and Exchange Commission. The Apple CEO serves as Nike’s lead independent director and has sat on the board for more than a decade.
NKE
Apple CEO Tim Cook Buys Nike Stock. His Last Purchase Didn’t Go So Well.
While Wall Street has been sprinting away from Nike stock this year, recent purchases by Apple CEO Tim Cook and the apparel maker’s chief executive signal some insiders are betting on a comeback. Cook purchased 25,000 Nike shares on Friday for roughly $42.43 each, according to a filing with the Securities and Exchange Commission. The Apple CEO serves as Nike’s lead independent director and has sat on the board for more than a decade.
AMZN
Larry Fink Told Jim Cramer Oil Could Be Cut in Half — Here Are 5 Stocks That Would Explode Higher
On the April 14 episode of Mad Money, BlackRock CEO Larry Fink told Jim Cramer something critical: Oil could be cut in half if the Iran war resolves favorably. Fink told the BBC that “I could paint a scenario where I could see, a year from now, oil at $40 a barrel.” With Brend crude ... Larry Fink Told Jim Cramer Oil Could Be Cut in Half — Here Are 5 Stocks That Would Explode Higher
BAC
Tax Day, bank earnings, US stocks near records: Today's top themes
Yahoo Finance Head of News Myles Udland takes a closer look at the events that Wall Street is watching closely on Wednesday, including the national deadline for American taxpayers, earnings from major banks Morgan Stanley (MS) and Bank of America (BAC), and stocks (^DJI, ^IXIC, ^GSPC) reapproaching record highs amid renewed negotiations between the US and Iran.