STOCK ANALYSIS
WEEKLY FORECAST
FINANCIAL NEWS
Shares rise amid Ford Pro's new charging suite for commercial EV customers

In response to Ford Motor Co.'s (NYSE:F) announcement that it's pushing even more on all-in electric vehicles, shares of the automotive company rose 3.5%.

Understanding How the stock exchange works

Stock markets are some of the most crucial parts of today's global economy. And, although most of us think we understand what stock markets and exchanges are, our knowledge probably doesn't go beyond a ringing bell, a bunch of people yelling at each other and Leonardo DiCaprio quoting, "Sell me this pen!"

Google set to acquire Mandiant for $5.4B to enhance cybersecurity

On Tuesday, Google (NASDAQ:GOOGL) said it has agreed to purchase cybersecurity company Mandiant in an all-cash deal valued at about $5.4 billion, adding internet security products that will boost its cloud-computing business as it takes on larger rivals Microsoft Corp. and Amazon Web Services.

Citigroup announces staff increase to expand commercial bank division

Citigroup Inc. (C) has announced that it plans a 900-person staff increase in its Citi Commercial Bank division that serves mid-sized companies in more than 60 countries as it advances with its expansion strategies outlined at its investor day.

Hot stock Snowflake is down nearly 50% from its highs

During its latest fourth-quarter results, Snowflake (NYSE:SNOW) produced impressive metrics on the surface, including robust top-line growth, yet failed to excite investors falling nearly 50% from their November peak above $400.

Tesla gets approval for German plant; better positioned than its peers

On Thursday, Handelsblatt, a German newspaper, reported that Tesla received its final permits for its new facility near Berlin, which means that the automaker can finally aim towards car assembly in Europe.

Intel confidentially files self-driving unit Mobileye's U.S. IPO

Intel (NASDAQ:INTC) said Monday that the company filed confidentially with the SEC (Securities and Exchange Commission) for an initial public offering for the chip maker's autonomous unit, Mobileye.

Amazon pushes FTC to deliver a verdict on its proposed $8.5B MGM deal

According to a Wall Street Journal report on Thursday, Amazon.com Inc. (NASDAQ:AMZN) has given the Federal Trade Commission a fast-approaching deadline to deliver a verdict on its proposed $8.5 billion acquisition of the MGM movie and television studio.

Rivian raises EV prices by 20%, citing higher costs for parts

According to a Reuters report, U.S. electric vehicle startup Rivian Automotive Inc. (NASDAQ:RIVN) said Tuesday it has increased selling prices up to 20% due to a rise in component costs and inflation.

Nordstrom surge amid Stellar Q4 beat; Off-price Rack eases concerns

Shares of Nordstrom Inc. (NYSE:JWN) soared over 32% during the after-hours trading session on March 1, the most in two decades, as it eased concerns about the profitability of its off-price division, Nordstrom Rack.

Lufthansa on course for rebound, outlook clouded by Ukraine crisis

Germany's Lufthansa (IBIS:LHA), which narrowed its losses but remained delinquent, said it could not provide a detailed outlook for 2022. It said that the war in Ukraine will obscure prospects for a long-awaited recovery from the coronavirus pandemic amid rising fuel prices and stalled flights.

Block shares make a comeback on earlier AfterPay acquisition

Payments App Block (NYSE:SQ), previously known as Square, topped Wall Street estimates in its fourth-quarter earnings, sending its stock surging in after-hours.

Netflix acquires 'Stranger Things' Game Developer in latest gaming push

In a statement on Wednesday, Netflix (NASDAQ:NFLX) said it has offered to buy mobile game maker Next Games as the streaming giant pushes further into gaming.

Zoom reports slowing growth despite strong quarterly results

Shares of U.S. communications technology company Zoom Video Communications Inc. (NASDAQ:ZM) slid more than 11.8% during Monday's after-hours session despite posting stellar quarterly results.

Verizon partners with BlackRock for private 5G network

Verizon Business (NYSE:VZ) and BlackRock announced today that a private 5G network from Verizon will feature at BlackRock Inc.'s new Hudson Yards headquarters.

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