StockTwits, founded in 2008 by Howard Lindzon and Soren Macbeth, is a leading social media platform designed specifically for investors and traders to share real-time market insights, ideas, and strategies. Headquartered in New York City, the company pioneered the use of "cashtags" (e.g., $AAPL) to organize financial discussions, initially integrating with Twitter before evolving into a standalone network.
Declines by overbought IT and communication services stocks weighed down on the Nasdaq Composite Index, which snapped its six-session winning streak and ended shy of its record high.
The stock fell 10.8% on Tuesday, its largest single-day drop since late 2021, after it booked charges, primarily related to a classified program within its aeronautics unit.
Baird’s Tristan Gerra attributed the post-market weakness to investors' concerns about a change in the management tone on the call, combined with a sequentially flattish gross margin guidance.
Providing additional updates on the breach, Microsoft said in a blog post on Tuesday that two Chinese nation-state operators, Linen Typhoon and Violet Typhoon, exploited vulnerabilities in the internet-facing SharePoint servers.
Bee sells a $50 Fitbit-like wristband that listens to and summarizes user chats and reminders; The wearable AI devices category, however, is yet to prove its utility.
GM CFO said that the company’s recent $4 billion investment in U.S. manufacturing over the next two years gives it the necessary capabilities to produce both internal combustion engine and electric vehicles based on changing customer demand.
President Donald Trump emphasized that he’s repeatedly asked ‘Too Late’ Powell to lower interest rates, citing Europe’s consecutive rate cuts in comparison.
CEO Jeff Miller said that full-year international revenue is expected to decline by mid-single digits year-over-year, primarily due to reductions in activity in Saudi Arabia and Mexico.
Coca-Cola beat quarterly expectations for profit and revenue, benefiting from strong demand for its sodas and juices in the Europe, Middle East, and Africa region, even as demand for traditional sodas slowed in the United States.
The company incurred $1.6 billion in pre-tax losses, primarily due to a classified Aeronautics program experiencing significant design, integration, and testing issues.
Humana CEO Jim Rechtin said that the current healthcare system is “too complex, frustrating, and difficult to navigate” while emphasising the need to “do better.”
The Connecticut-based firm will continue targeting growth-stage investments in sectors including artificial intelligence, fintech, e-commerce, space, and defense.
