News

Krispy Kreme and McDonald’s End Partnership After Few Months

Krispy Kreme and McDonald’s End Partnership After Few Months

In a surprising turn of events, Krispy Kreme and McDonald’s have mutually decided to end their expanded partnership that started just a few months ago. The ambitious plan to offer Krispy Kreme doughnuts in all McDonald’s U.S. locations by the end of next year will no longer go ahead. The partnership, which was announced in…

Nio Inc: Recent Milestones and Market Activity in Electric Vehicle Industry

Nio Inc: Recent Milestones and Market Activity in Electric Vehicle Industry

Overview Nio Inc, a leading company in the smart electric vehicle market, continues to make headlines with significant achievements and market activities as of July 2025. The company, which designs and manufactures premium electric vehicles, operates under multiple brands including Nio, Onvo, and Firefly. Recent Milestones Battery Swap Services: Nio reached a remarkable milestone by…

General Motors Strike Deal Clears Way to End US Car Strike

General Motors Strike Deal Clears Way to End US Car Strike

General Motors Strike Deal Clears Way to End US Car Strike General Motors (GM) has reached a deal that clears the way for an end to the United Auto Workers (UAW) strike affecting the US car industry. This development follows similar agreements at Ford and Chrysler-maker Stellantis, the other two major carmakers impacted by the…

Lockheed Martin Announces Upcoming Q2 2025 Earnings Webcast and Continues Innovation Leadership

Lockheed Martin Announces Upcoming Q2 2025 Earnings Webcast and Continues Innovation Leadership

Lockheed Martin has announced its second quarter 2025 earnings webcast scheduled for July 22, 2025. The webcast will feature Chairman, President and CEO James Taiclet, Chief Financial Officer Evan Scott, and Vice President, Treasurer and Investor Relations Maria Ricciardone. They will discuss the quarterly financial results, provide updates on key topics, and answer questions. The…

Kohl’s Corporation Stock Surges Amid Meme Stock Trading Frenzy

Kohl’s Corporation Stock Surges Amid Meme Stock Trading Frenzy

Kohl’s Corporation has experienced a dramatic surge in its stock price, with shares more than doubling in volatile trading that included a temporary trading halt. The spike appears driven by retail investor enthusiasm and short squeeze dynamics, similar to past meme stock rallies such as GameStop. The company’s shares are heavily shorted, with approximately 50%…

Figma’s IPO Set to Value the Design Software Maker at up to $16.4 Billion

Figma’s IPO Set to Value the Design Software Maker at up to $16.4 Billion

Figma, the cloud-based design software company, is gearing up for its initial public offering (IPO) with an anticipated valuation between $14.6 billion and $16.4 billion. The company’s plan to sell approximately 37 million shares priced between $25 and $28 each could generate up to $1 billion in proceeds from the offering and selling shareholders. Led…

Opendoor Technologies Stock Surges Over 115% Fueled by Retail Frenzy Despite Fragile Fundamentals

Opendoor Technologies Stock Surges Over 115% Fueled by Retail Frenzy Despite Fragile Fundamentals

Opendoor Technologies Latest Stock Surge Opendoor Technologies (NASDAQ: OPEN), a digital platform for residential real estate transactions, has witnessed a spectacular stock rally, with its share price soaring over 115% in afternoon trading recently. This surge follows an incredible 188% gain in the previous week, lifting the stock to over $4.80 from just above $0.50…