Market capitalization News & Breaking Stories

Alphabet's stock surges with the release of its latest AI model, Gemini, easing concerns about its competitive position in the AI sector.

Microsoft stock rises after former OpenAI CEO joins company, despite employees threatening to quit, following a multi-billion-dollar investment in OpenAI.

Markets rally for a second day, with weekly totals up on the Dow and Nasdaq. Apple's earnings disappoint.

Foreign investors in India have increased their stake in 95 smallcap stocks that have given high returns this fiscal year.

WeWork's potential bankruptcy filing next week comes as no surprise, as the company's shares have plummeted and it has struggled with debt payments.

The tech sector has made a remarkable comeback in 2023, driven by the AI industry surge and the performance of top tech companies like Nvidia, Meta Platforms, and Alphabet. Despite adverse external factors, the US stock market has shown resilience, indicating a promising signal for the Q4 stock market rally. Google's stock has reached a new 52-week high and faces resistance at $143.65.

McDonald's is bringing back the McRib sandwich, using scarcity marketing to create consumer urgency and drive sales. The success of the McRib has even sparked competition in the fast-food industry. McDonald's has a positive financial performance and is an attractive investment for income-focused investors.

Cisco has agreed to acquire data observability and security company Splunk in a $28 billion deal to develop AI-enabled security solutions.

Instacart's stock opened at $42 a share, 40% higher than anticipated, with a market valuation of roughly $13.9 billion.

British chipmaker Arm debuted on the public markets, with shares jumping 10% and climbing over 20% in the first 30 minutes of trading.

WeWork's potential failure poses a significant threat to the US commercial real estate sector, with experts warning of a "systematic shock."

Amazon's stock price dropped by 2.64% in the last trading session, but analysts still recommend buying the stock.

Amazon.com Inc. saw a decrease in stock price and trading volume, but analysts still recommend buying. Revenue growth is expected.

Amazon's Q3 revenue growth is expected to be strong, beating expectations and leading to a rally in its shares.

Nigerian Exchange Limited (NGX) closed July 2023 with a 5.5% growth, the best return since 2017, outperforming other African exchanges.

Ford's F-150 Lightning faces competition from Tesla's Cybertruck, outcome uncertain.

Meta's Twitter competitor, Threads, has gained 100 million users in a few days, surpassing ChatGPT. Meta's stock has risen over 135% this year, but Fidelity has written down its valuation of Twitter from $44 billion to $15 billion, representing a loss of 65.9%.

Bitcoin shows signs of optimism despite SEC lawsuits and stagnant price.