Catenna, Monday, March 17. 2025- D-Wave Quantum shares continued its run on Monday, following last week’s announcement that its quantum computer bested a supercomputer in a special task. D-Wave said in a press release last Wednesday announcing the publication of “a scientific breakthrough” in the journal science that its “annealing quantum computer outperformed one of […]
Catenaa, Monday, March 03, 2025- Goldman Sachs says any rebound in the S&P 500 Index is likely to prove temporary amid concerns about the US economy as earnings growth for the year is revised to 9% from 11%. In a note on Monday, Goldman Sachs Strategist David Kostin said investor exposure declined last week as the […]
Catenaa, Thursday, February 20, 2025 – US stocks closed at a record high on Wednesday, with the S&P 500 reaching its third record close of the year, as minutes from the Federal Reserve meeting in January stressed officials would stay till inflation improves for further rate cuts. Many stocks had opened lower after Trump said he was […]
Catenaa, Wednesday, February 26, 2025- Tesla lost its $1 trillion market cap on Tuesday, as news of its vehicle sales falling 45% in January pushed its stock prices down 8%. European Automobile Manufacturers’ Association said Tesla sold 9,945 vehicles in Europe in January, a 45% fall from the same period one year ago, as Tesla’s share of […]
Catenaa, Thursday, February 20, 2025 – Walmart global sales grew by 16% in 2024, the earnings report for the fourth quarter released on Thursday showed, as the e-commerce giant records more than expected profits FY2025. Walmart’s global e-commerce sales grew 16%, led by store-fulfilled pickup & delivery and the US marketplace, while growth was negatively affected by […]