Cerebras Systems saw its stock fall nearly 20 % on Wednesday, even though the company posted a solid first‑quarter report. The dip came after the firm announced that its gross margin for the core business will likely be between 38 % and 41 % for the full year, down from the 47 % margin it posted in
The stock market took a hit on a Thursday. This was the first day of trading after a major announcement. The news? President Trump had declared a 25% tariff on imported cars and car parts. This move is expected to spark a global trade war and drive up the cost of vehicles. The Dow Jones Industrial
Tech companies are jumping into the health game. Apple is launching a new study to see how technology can boost our well-being. This isn't just about fitness trackers; it's about using tech to improve both our physical and mental health. Imagine your phone helping you manage stress or suggesting hea
Super Micro Computer’s stock has taken a beating, dipping to $28 per share after its auditor, Ernst & Young, decided to walk away. The server company, which joined the S&P 500 in March 2024, is now in hot water, possibly facing delisting from the Nasdaq. This isn’t the first time they’re dealing wit
This week, former President Donald Trump's fortune took a big hit. His stake in Trump Media & Technology Group dropped by about $2. 4 billion. The company's stock, known as DJT, saw a sharp decline of almost 40% in two days. This sudden drop happened even after the stock had skyrocketed recently. Th
CVS Health has seen some big changes at the top. On Friday, the company announced that Karen Lynch is stepping down as CEO. She's been replaced by David Joyner, who was the president of CVS Caremark. This move comes after CVS had to warn that its earnings will miss Wall Street's expectations for the
