Nvidia could become the second largest company
Key points: Nvidia shares have nearly tripled in price over the past year. The company is rapidly overtaking Apple in market capitaliz…
Stock market and company news
Earnings, dividends, corporate deals and market-moving events selected by ParadNEWS to help investors understand what is driving stock prices.
The Dow posted its best daily gain in a year
Key points: At the end of May, all three major indices rose: the S&P 500 – by 4.8%, the Nasdaq – by 6.9%, and the Dow …
Boeing won’t increase the 737 MAX production
Key points: The FAA will not give Boeing permission to increase production of the 737 MAX in the coming months. Boeing forecast that c…
Markets under pressure due to falling tech
Key points: The Nasdaq fell more than 1%, leading the decline. Economic growth in the first quarter of 2024 was below expectations. Sa…
OpenAI begins training a new model
Key points: OpenAI is creating a committee to evaluate and improve the project’s existing security practices. The creation of th…
Nasdaq closed above 17,000 points
Key points: The Nasdaq crossed 17,000 points for the first time in history, closing at 17,019.88, up 0.59%. Apple shares rose after re…
NVIDIA will conduct a 10 to 1 stock split
Chipmaker Nvidia announced a 10-for-1 stock split. A split is an increase in the number of shares outstanding by splitting each origin…
Stocks recovered after the sharp decline
Key points: US stocks rose on Friday after falling on Thursday. Consumer inflation expectations improved at the end of May. 77.9% of S…