Nvidia’s stock is set to gain as rivals play perpetual catch-up, analyst says

by OverviewFX | Jun 26, 2024 | Stocks

The Nvidia stock rally has reignited, with the stock heading to a second consecutive day of gains after a recent slide into correction territory.

FedEx cost cuts are delivering results, and potential freight spinoff is ‘tantalizing’: analysts

by OverviewFX | Jun 26, 2024 | Stocks

FedEx has placed its freight business under strategic review, the company said when it reported fiscal fourth-quarter results Tuesday.

Whirlpool’s stock rallies as report emerges that Bosch may try to buy the appliance giant

by OverviewFX | Jun 26, 2024 | Stocks

With a market cap of about $5 billion, Whirlpool would represent a major deal for Bosch.

Greenlight Capital’s clash with ex-staffer has hurt its business, lawsuit says

by OverviewFX | Jun 26, 2024 | Stocks

Greenlight Capital has said an ongoing spat with one of its former staffers over his job title is hurting its business, deterring investors from putting money in the multi-billion-dollar hedge fund and hindering its ability to recruit new employees.

Rivian’s VW partnership seen as ‘game changer’ for the company’s prospects

by OverviewFX | Jun 26, 2024 | Stocks

Rivian Automotive Inc. drew praise from at least two analysts on Wednesday as its stock rallied in premarket trades on the electric vehicle maker’s joint venture with German care giant Volkswagen.

General Mills’ stock falls after revenue miss and soft guidance

by OverviewFX | Jun 26, 2024 | Stocks

General Mills’ CEO said the company “enhanc[ed] our efficiency in response to a more challenging operating environment.”