Wall Street rallied to record highs after the Fed's rate cut, while Meta launched new smart glasses, Nvidia teamed with Intel on chips, and big names like General Mills, FedEx, and Darden reported earnings.
The race to commercialize flying cars is shifting from science fiction to investor reality. JPMorgan analysts see electric vertical takeoff and landing (eVTOL) aircraft entering a rapid growth phase, with the total addressable market for passenger air taxis alone projected to hit $100 billion globally by 2040.
Costco Wholesale Corporation (NASDAQ: COST) is demonstrating formidable strength in the retail sector, showcasing robust growth in its U.S. comparable sales and a significant surge in e-commerce, underscoring its enduring appeal to consumers. The warehouse giant reported a solid 6.6% increase in U.S. comparable sales and an
Netflix (NASDAQ: NFLX) is currently undergoing a significant executive reorganization, marked by recent high-profile departures and strategic internal realignments. These changes unfold against a backdrop of rapid advancements in artificial intelligence, which is increasingly reshaping content creation and intensifying competition within the film and streaming industries. The streaming giant's proactive
Wall Street kept driving equity valuations higher on Friday, extending the momentum from Thursday when all major U.S. benchmarks closed at record highs following the Federal Reserve's rate cut.
Shares of ride sharing and on-demand delivery platform Uber (NYSE:UBER)
jumped 2.9% in the morning session after the stock's positive momentum continued as the company announced its first venture into drone delivery through a new partnership with Flytrex.
