Tag: Market Insider

Shares of Adobe tumbled more than 10% after the company provided weaker-than-expected guidance for its fiscal fourth quarter. The software company projected revenue between $5.50 billion and $5.55 billion, falling

China’s initiative to boost consumption through trade-ins has not yielded significant results, according to feedback from various businesses. In July, China announced the allocation of 300 billion yuan in ultra-long

Shares of Kroger, the supermarket chain, surged over 4% in midday trading following the release of their mixed fiscal second-quarter results. Despite revenue falling short of expectations, Kroger reported adjusted

Ally Financial shares dropped by 17.6% after the CFO mentioned increased credit challenges in the third quarter, particularly in auto loans for retail customers. On the positive side, Mission Produce

GameStop reported mixed second-quarter results, with revenue dropping to $798 million from $1.16 billion a year ago. Despite the revenue decline, the company’s net income rose to 4 cents per

Several companies saw significant movement in midday trading. Trump Media & Technology experienced a more than 13% drop following a debate between major shareholder former President Donald Trump and Democratic

Chinese artificial intelligence models may be slightly behind those developed in the U.S., but Chinese AI apps are expected to gain rapid traction, according to Kai-Fu Lee, former head of

Shares of Trump Media & Technology dropped over 11% following the recent debate between Republican nominee Donald Trump and Democratic Vice President Kamala Harris. Rentokil Initial also suffered a 20%