SunPower, once a leader in the rooftop solar installation industry, has recently filed for bankruptcy. This news comes after months of struggling with high interest rates and allegations of misconduct in reporting practices. The company’s stock plummeted by 32% to a mere 55 cents per share, marking a staggering 90% collapse over the course of
Investing
Brokerage firm Robinhood made an announcement on Monday evening regarding the suspension of its overnight trading feature due to an issue with its execution venue, Blue Ocean ATS. This third-party firm, responsible for round-the-clock trading, notified Robinhood that it has temporarily suspended overnight market operations. As a result, 24 Hour Market orders that were open
Over the weekend, Warren Buffett made a surprising decision that caused Apple’s stock to plummet. Berkshire Hathaway revealed in its earnings filing that it had decreased its Apple holding by a significant 49%, leaving many investors bewildered. This move comes at a time when global stock markets are facing uncertainty due to fears of an
When it comes to investing in stocks, it’s crucial to consider the recommendations of top Wall Street analysts for long-term growth potential. Google parent company Alphabet (GOOGL) is one such stock that has caught the attention of analysts due to its recent performance. Despite a slight slowdown in YouTube advertising revenue in the second quarter,
Five9 is a company that provides intelligent cloud software for contact centers, catering to clients in the United States and internationally. With a virtual contact center cloud platform, Five9 offers a suite of applications that cover a range of customer service, sales, and marketing functions. The company serves various industries, including banking, retail, healthcare, and
Recent regulatory filings show that Berkshire Hathaway, led by Warren Buffett, has been steadily selling off Bank of America shares over the past 12 consecutive days. The conglomerate recently shed 19.2 million BofA shares totaling almost $779 million. This continuous selling streak has resulted in total sales surpassing $3.8 billion. As a result of this