Tesla Stock Surges Tuesday After Major Sell-Off
Tesla shares climbed Tuesday after losing more than 15% of their value a day earlier.
Tesla shares climbed Tuesday after losing more than 15% of their value a day earlier.
HIVE Digital Chairman Frank Holmes says Texas' Bitcoin reserve could have an even bigger impact than the national strategy, noting the state's strong pro-crypto stance and economic power.
Gold-backed tokens have enjoyed a resurgence in activity recently as gold prices hit record highs.
As the Trump administration looks to neuter the Consumer Financial Protection Bureau, advocates urge borrowers to step up their own defenses around their money.
Shares of organizational consulting firm Korn Ferry (NYSE:KFY) jumped 16.8% in the pre-market session after the company reported strong third-quarter (fiscal 2025) results, exceeding analysts' sales expectations, though its guidance for the next quarter painted a mixed picture, with earnings per share projected to outperform but revenue expected to fall short. Also, despite the results revealing a mixed segment performance, overall sales remained flat year over year, reflecting resilience amid e
Shares of cybersecurity company CrowdStrike (NASDAQ:CRWD) jumped 7.1% in the morning session after stocks rebounded, following a broad-based sell-off the previous day. The Nasdaq was down 4%, while the S&P fell 2.7% as concerns over the ongoing trade war continued to spread.
Shares of building systems company Limbach (NASDAQ:LMB) jumped 12.9% in the afternoon session after the company delivered impressive fourth-quarter results, with EBITDA beating analysts' estimates despite a slight revenue shortfall. A key highlight was the ongoing shift toward Owner Direct Relationships (ODR), where revenue grew over 21%, accounting for nearly two-thirds of total sales. This shift helped offset an almost 25% decline in General Contractor Relationships (GCR), a segment the compan
Shares of upscale restaurant company The One Group Hospitality (NASDAQ:STKS) fell 10.1% in the afternoon session after the company reported mixed fourth quarter results: its EPS and full-year EBITDA guidance fell short.
Shares of cryptocurrency exchange Coinbase (NASDAQ:COIN) jumped 7.8% in the morning session after stocks rebounded, following a broad-based sell-off the previous day. The Nasdaq was down 4%, while the S&P fell 2.7% as concerns over the ongoing trade war continued to spread. While those concerns haven't exactly disappeared, it's likely some investors looked to take positions in some of the beaten-down stocks, especially some of the high-quality names that got caught up in the sell-off.
As economic uncertainty has spawned a stock market sell-off, one of investors' favorite trades of the past two years is going through its own rerating of expectations.