Appaloosa's billionaire chief is paring down his exposure to Wall Street's most-influential businesses in favor of a company whose key performance indicators are growing by double digits.
The stocks in this article are all trading near their 52-week highs.
This strength often reflects positive developments such as new product launches, favorable industry trends, or improved financial performance.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Friday as we examine the latest happenings in today's session.
Shares of autonomous driving company Pony AI are surging this week. The move higher is being driven by reports of a potential takeover deal involving Uber and its co-founder, Travis Kalanick.
Curious about the market action on Friday? Dive into the US markets to explore the gap up and gap down stocks in the S&P500 index during today's session.
According to Kuang’s LinkedIn profile, he joined Tesla in Palo Alto, California, in May. The engineer was previously the senior director and head of autonomy at General Motors’ (GM) failed self-driving unit, Cruise.
Cannacord believes that while Uber and Lyft’s future in autonomous vehicles “could be bright,” there’s also an alternative scenario where they could be left “reflecting on the golden days of the past.”
