To The Moon

(Reuters) - The U.S. Federal Reserve will cut interest rates by 25 basis points at each of the remaining three meetings of 2024, one more reduction than predicted last month, according to a slim major

Given the global IT outage caused by a faulty software update by CrowdStrike in July, analysts are surprisingly upbeat on the cybersecurity stock.One analyst says CrowdStrike may have more trouble mak

Nvidia Corp.’s Jensen Huang continued his summer of selling, offloading a record $322.7 million worth of shares in July just ahead of a wider tech stock selloff.Combined with the shares he unloaded in

Hedge fund Elliott Management said that Nvidia is in a bubble as the artificial intelligence theme pushing its share price is overhyped.In a letter to its clients published by The Financial Times, Ell

CrowdStrike experienced a low-level bug, not a breach, leading to a global outage, but it is expected to survive and grow with strategic adjustments.No single customer or channel partner accounted for

Electric-vehicle shares finished the week on a mixed note, with market leader $Tesla$ rising over 8% ahead of crucial Q2 deliveries. Shares of $Rivian$ reported a weekly gain of 30% after the company announced a joint venture partnership with German legacy automaker Volkswagen AG.Here are the key events that happened in the EV space during the week:Can Tesla Clear Lowered Bar?

Let me explain here. GameStop's fundamentals First, let us talk about the company's earnings results recorded since my last coverage. Overall, we can safely say that the company's results have improved since then. This is both true of its quarterly sales and net income. The data is given in USD millions. GameStop's quarterly revenues and net income Seeking Alpha Prepared by the author based on Seeking Alpha's data Prepared by the author based on Seeking Alpha's dataHowever, if we look at the company's annual sales and net profit histories, we can see that the revenues reported in February 2024 have declined somewhat compared to the same period a year ago. The data is given in USD millions. January 2023 February 2024 Revenues 5927,2 5272,8 Net inco