stock surge News

Wells Fargo Reports a Staggering 47% Surge in Q4 Net Income to $5 Billion

Wells Fargo & Co. announced a 47% surge in Q4 2024 net income to $5 billion, with stable revenue at $20.4 billion. The full-year revenue fell by 9% to $47.7 billion, but net income...

Adani Group Stocks Skyrocket: Adani Power Leads with a Staggering 19% Surge

Adani Group stocks, led by Adani Power, saw a significant surge, with Adani Power increasing by 19.29%. Other group companies also posted substantial gains. This recovery follows a...

Trump Media & Technology Group Stocks Soar by 16% Ahead of Presidential Inauguration

Trump Media & Technology Group's stock surged over 16% ahead of the presidential inauguration, reaching $41.0100 per share by 2:06 pm ET. This significant increase reflects the mar...

Delta Air Lines Soars 11% Following Stellar Q4 Earnings Report

Delta Air Lines Inc. experienced an 11% stock price surge after announcing better-than-expected Q4 financial results for fiscal 2024, with shares reaching $68.2100. The market's po...

eBay Shares Soar Over 5% in Premarket Following Exciting Collaboration Announcement with Meta

eBay's shares surged over 5% following the announcement of a collaboration with Meta Platforms Inc., aiming to allow users to view eBay listings on Facebook Marketplace in the US, ...

Rivian Surges 5.5% After Exceeding Q4 Delivery Expectations

Rivian Automotive Inc. announced it delivered 14,183 vehicles in Q4 2024, exceeding expectations. The company also resolved previous component shortages, with stock surging 5.58% p...

Toyota's Ambitious ROE Goal Sparks 8% Stock Surge

Toyota Motor Corporation's shares soared by 8% following the announcement of its ambitious plan to achieve a 20% return on equity by 2030, significantly outpacing market expectatio...

Nike's Q2 Revenue Dips 8% Despite Exceeding Estimates

Nike Inc. reported Q2 revenues of $12.4 billion, down 8% year-over-year but surpassing estimates. Net income dropped 26% to $1.16 billion, with earnings per diluted share falling 2...

One MobiKwik Systems Ltd Sees Massive 90% Surge on Market Debut

One MobiKwik Systems Ltd, a fintech company, made a strong market debut with a 90% surge above its issue price. The IPO was subscribed 119.38 times, reflecting strong investor inte...

Renault's Stock Surges on Reports of Nissan-Honda Merger Talks

Renault's stock surged over 5% during European trading on Wednesday, following reports of a potential merger between Honda and Nissan. Analysts believe this could benefit Renault, ...

MicroStrategy's Nasdaq 100 Inclusion and Bitcoin Holdings Spark Market Interest

MicroStrategy's inclusion in the Nasdaq 100 and its significant bitcoin holdings have sparked market interest, potentially driving up both its stock and the price of bitcoin. The c...

MicroStrategy's Bitcoin-Fueled Surge Secures Nasdaq-100 Inclusion

MicroStrategy joins the Nasdaq-100 Index following a significant surge in its stock due to aggressive Bitcoin investment. The inclusion is expected to boost the company's stock pri...

Broadcom Soars to Unprecedented $1T Valuation on AI Chip Optimism

Broadcom Inc. saw a 20% stock surge, pushing its market capitalization to $1.024 trillion, driven by optimistic forecasts for custom AI chips and agreements with major hyperscale c...

GameStop's Net Income Rebounds, Driving Shares Up by 11%

GameStop's stock surged 11% after reporting a net income of $17.4 million in Q2 2024, recovering from a $3.1 million loss in the same period last year. The improvement in financial...

Supermicro CEO Assures No Delisting Despite Deadline Extension

Supermicro CEO Charles Liang is confident the company will avoid delisting from Nasdaq. The tech company received a deadline extension for submitting overdue financial statements, ...

MicroStrategy's Stock Skyrockets as Bitcoin Breaks $100K Barrier

MicroStrategy's stock surged 8% as Bitcoin topped $100,000, with the company holding around 402,110 Bitcoins. Other crypto-related stocks also saw gains, highlighting the growing i...

Tesla's Stock Surges to Highest Level Since Late 2021: What's Driving the Rally?

Tesla Inc.'s stock reached above $400 per share for the first time since January 2022, driven by details about the Cybertruck and plans for a Full Self-Driving service by 2025. The...

Tesla Shares Surge to Highest Level Since Late 2021: What's Driving the Rally?

Tesla Inc.'s shares reached their highest price since November 2021, surging above $400. The surge is partly attributed to recent updates on the Cybercab and Tesla's future plans f...

MicroStrategy's Stock Skyrockets as Bitcoin Hits $100K Milestone

MicroStrategy's stock surged 8% as Bitcoin topped $100,000 for the first time. The company holds around 402,110 Bitcoins after acquiring 15,400 more for $1.5 billion. Other crypto-...

HPE's Stellar Q4 Earnings Send Stock Soaring by 11%

Hewlett Packard Enterprise Company (HPE) shares rose by over 11% on Friday after the company's fourth-quarter revenue in fiscal 2024 topped analysts' expectations, reaching $8.5 bi...

Lululemon's Impressive Earnings Report Sends Stock Soaring by 18%

Lululemon Athletica Inc. saw its stock price jump following the release of strong financial results for Q3 2024. The company reported an 8.7% increase in revenue, reaching $2.39 bi...

Samsung and SK hynix Stocks Soar Amid Micron's Strong Earnings

Shares of South Korean semiconductor giants Samsung Electronics and SK hynix have surged significantly, thanks to the strong earnings reported by U.S. chipmaker Micron. This comes ...

Salesforce Q3 Revenue Surges 8% to $9.44B, Beating Analysts' Expectations

Salesforce Inc. reported Q3 revenue of $9.44 billion, an 8% increase year-over-year, surpassing analysts' expectations. The company also saw a 25% rise in diluted earnings per shar...

SOS Limited's Bold $50M Bitcoin Investment Sparks 26% Stock Surge

SOS Limited's stock surged 26% in premarket trading after announcing a $50 million investment in Bitcoin, emphasizing its potential as a strategic reserve asset and store of value....