Core Points - Joby Aviation Inc. announced a major stock offering expected to generate over $500 million in gross proceeds, leading to a roughly 10% decline in its stock price on Wednesday [1] Company Summary - The stock offering is a significant financial move for Joby Aviation, indicating the company's strategy to raise capital for future growth initiatives [1] - The announcement of the stock offering has had an immediate negative impact on the company's stock performance, reflecting investor sentiment regarding dilution and capital raising [1]

The SPDR S&P 500 Trust (SPY) ETF has continued to shed assets this year, making it the worst-performing in Wall Street. It has lost over $32 billion in assets, while the Vanguard S&P 500 (VOO) has add... ...

Core Insights - Covered call ETFs such as JEPI, JEPQ, ULTY, and XYLD have gained significant popularity in recent years, attracting billions in assets due to their high dividend yields [1] Group 1 - JEPI is identified as the largest covered call ETF, indicating its leading position in the market [1] - The trend of investors embracing these ETFs highlights a shift towards income-generating investment strategies [1] - The substantial inflow of assets into these ETFs reflects a growing demand for high dividend investments [1]

Nvidia stock (NASDAQ: NVDA) soared over 2% on Wednesday after reports that the chipmaker is planning to put up to $2 billion into Elon Musk's AI startup, xAI, as part of a huge $20 billion funding rou... ...

Core Viewpoint - e.l.f. Beauty's shares increased by 2.7% to $144.34 following a positive update from Morgan Stanley, which raised its price target for the company to $1 billion [1] Company Summary - e.l.f. Beauty's stock performance reflects investor confidence after the price target adjustment by Morgan Stanley [1]

The S&P 500 edged up on Wednesday, bouncing back a bit after ending a seven-day winning streak the day before, thanks in part to a drop in Oracle that raised doubts about how long the AI rally can last. At the open, the S&P 500 was up 0.2%, the Nasdaq rose 0. ...

In a move that could reshape how Americans collect their medication, Amazon is launching prescription kiosks at select One Medical clinics in Los Angeles. Starting December 2025, patients visiting the... ...

The Schwab U.S Dividend Equity ETF (SCHD) stock price has remained in a tight range this month, even as other broad blue-chip indices like the Nasdaq 100 and S&P 500 soared to a record high. SCHD was ... ...

Prices of major commodities rose on Wednesday with gold breezing past the $4,000-per-ounce mark for the first time ever. Investors in the oil market shrugged off fears of oversupply with prices risin... ...

Shares of AST SpaceMobile surged 12% to $83.43 in premarket trading on Wednesday after the company announced a partnership with Verizon Communications to offer space-based broadband connectivity to th... ...