Breaking Market News

Breaking Market News World market news

Breaking market news that moves the markets around the globe. Just the bottom line.

Headlines

META is delaying the rollout of the company’s flagship Llama 4 AI model, citing underwhelming performance

Dick’s Sporting Goods DKS is acquiring Foot Locker FL for $2.4B, valuing it at $24/share

Apple AAPL plans to produce 25% of iPhones in India

5-13-2025

Microsoft MSFT is cutting 3% of all workers

NVIDIA NVDA and Humain announce strategic partnership to build AI factories of the future in Saudi Arabia

Coinbase COIN shares rallies after the announcement it will join the S&P 500 index

The Nasdaq 100 Index turns positive for the year

Bank of America BAC to open more than 150 new branches by 2027

Nvidia to end semiconductors to Saudi’s AI company Humain for AI data centers

Apple AAPL Plans to Shift the Assembly of All US-Sold iPhones to India as Soon as Next Year

BOFA: Tariffs could cut 2025 S&P 500 earnings by ~10%

Citi lowers it’s 0-3 month Aluminum price forecasts to $2,200/T

Citi lowers it’s 0-3 month copper price forecasts to $8,000/T.

European Indices: DAX -7.08% – FTSE100 -5.06% – CAC40 -6.04% – FTSE MIB -7.76%

NVDA CEO Jensen Huang: “Robotics will be the biggest industry of all”

General Motors, GM, has selected Nvidia, NVDA, to build its self-driving car fleet.

3-4-2025

Tesla’s TSLA China EV sales dropped by 49.2% in Feb 2025

Ford to recall 35,328 vehicles for defective LED lights posing fire risk

Nvidia NVDA reported Q4 results, beating both EPS and revenue expectations. Earnings came at $0.84 above the forecasts of $0.84

Nvidia NVDA Revenue came at $39.3B topping the expectations of $38B

Ford F recalls 240,510 vehicles for seat belt problems in specific models

Rivian RIVN Recalls 17,260 Vehicles Over Headlight Failure Risk in Cold Weather

Tesla TSLA Recalls 380,000 U.S. Vehicles Over Power Steering Failure Risk

Tesla TSLA to launch showrooms in New Delhi & Mumbai, selling imported EVs due to high import tariffs

Tesla TSLA begins mass production of revamped Model Y in Shanghai factory

Fox Corp FOXA acquires Red Seat Ventures to reach younger audiences & enter the expanding podcast market

Lyft to launch fully autonomous robotaxis in Dallas with Mobileye by 2026

Palantir PLTR for FY 2025, expects revenue of $3,741 – $3,757 million, $206 – $254 million above current analyst estimates

Palantir PLTR U.S. commercial revenue grew 64% y/y and 20% q/q and U.S. government revenue grew 45% y/y and 7% q/q.

Caterpillar reported Q4 2024 EPS of $5.14 topping the expectations of $5.05. – Revenue at $16.22B below the forecasts of $15.76B

Gilead Sciences GILD Settles Billion-Dollar Patent Dispute with U.S. Government Over HIV Drugs Truvada and Descovy

Robinhood Markets HOOD to pay $45M in SEC settlement for rule violations (inaccurate reporting & failure to file timely activity reports)

Meta Platform’s META Mark Zuckerberg says the Biden administration pressured Meta to take down Covid/vaccine content

Walgreens WBA reported $0.51 per share better than expectations and $39.5 billion in sales, sees 2025 EPS at $1.40-$1.80

Tesla TSLA recalls 239,000 vehicles for rear-view camera issue fixable with a software update

Constellation Energy CEG acquires Calpine Corp in $26.6B deal

Constellation Energy CEG is in advanced talks to acquire closely held Calpine in a cash-and-stock deal that could be announced as soon as Monday

Meta META to test allowing buyers to view eBay EBAY on Facebook Marketplace

Cintas CTAS Offers $5.1 Billion to Acquire UniFirst UNF at 62% Premium, UniFirst Shares Soar 40%

Getty Images GETY & Shutterstock merge in $3.7B deal. Shutterstock shareholders offered $28.85 cash, 13.7 GETY Images shares, or mixed payment options.

NVIDIA NVDA Founder and CEO, Jensen Huang, predicted that the autonomous industry is likely to become the first multi trillion dollar robotic industry!

NVIDIA NVDA announced Project DIGITS, a personal AI supercomputer powered by the GB10 Superchip and based on GraceBlackwell architecture.

Nvidia NVDA announced a new series of gaming chips, the RTX 50 series, based on the company’s advanced ‘Blackwell’ AI technology. Price from $549 to $1,999

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