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Robinhood to Pay $45M Fine Following SEC Allegations
Robinhood Markets' (NASDAQ: HOOD) two key broker-dealer units, Robinhood Securities LLC and Robinhood Financial LLC, have consented to pay $45 million in penalties. This payment comes as a settlement to address allegations po
Lululemon’s Price Target (NASDAQ: LULU) Increased at BofA
Bank of America has lifted its price target for the athletic apparel retailer Lululemon Athletica's stock to $480, up from the previous $420, while keeping a Buy rating on the shares. Following a successful holiday performanc
Nvidia Expands AI Operations with New Headquarters in Taipei
Nvidia Corporation (NASDAQ: NVDA) is bolstering its presence in the artif
British American Tobacco Shares Dip as Reinet Plans to Sell Stake
British American Tobacco shares (LON: BATS) are trading down today, shedding 1.88%, as Reinet has announced its intention to divest its holdings in the firm. The Jerse
JD Sports Downtrend Continues as Profit Forecast Lowered
JD Sports Fashion (LON: JD.) revised its profit forecast downward on Tuesday, citing higher-than-anticipated market headwinds during the holiday trading period. [stock_market
Ocado Q4 Sales Growth Boosts Stock: Will it Snap Losing Streak?
Ocado Group (LON: OCDO) shares surged in early Tuesday trading, climbing more than 13% after Ocado Retail reported impressive fourth-quarter results, with a notable 17.5% increase in retail revenue, reaching £715.8 million.&n
Tesco’s Price Target Trimmed, With Bullish Sentiment Maintained
Tesco shares (LON: TSCO) have had their outlook revised at JPMorgan, with an adjustment in price target on TSCO from 410p to 400p. Despite the trim in target price, the firm has maintained an "overweight" rating on Tesco’s st
US Indices Red on Year, Barclays Foresees Single Fed Rate Cut
In December, labour market data showed a strong performance with nonfarm payrolls increasing by 256,000, significantly surpassing the consensus estimate of 165,000. The unemployment rate also saw a decline to 4.1%, supported
Apple Increases CEO Tim Cook’s Salary by 18% for 2024
Apple Inc. (NASDAQ: AAPL) has decided to increase CEO Tim Cook's compensation by 18% for the year 2024, bringing his total pay to $74.6 million, up from $63.2 million the previous year. This decision highlights the company's
Lloyds Bank Shares Trading in Range as Firm Links Bonuses to Office Attendance
Lloyds Banking Group PLC (LON: LLOY) has recently informed its senior staff that their bonuses might be impacted based on their adherence to the company's office attendance policy. This policy mandates senior employees to wor
Snowflake’s (NYSE: SNOW) Price Target Raised to $200
Oppenheimer has raised its price target on Snowflake 's stock (NYSE: SNOW) to $200 from $180, underscoring the firm's confidence in the software company's prospects. Snowflake retains an Outperform rating from the analyst fir
Cyber Attack Halts Operations at Eindhoven University of Technology
Eindhoven University of Technology, a significant educational institution closely linked to ASML Holding NV (AMS: ASML), has been forced to suspend classes and shut down its computer network following a cyber attack. This inc
Microvast Stock Starts Week Red After New 52-Week High
Microvast Holdings stock (NASDAQ:MVST) has begun this week red in the pre-market, down 5.53% at $2.22, having hit a new 52-week high at $2.87 on Friday. This surge reflects growing investor confidence, driven by various facto
Joby Aviation Stock Red Pre-Market as Analysts’ Sentiment Shifts
Joby Aviation stock (NYSE: JOBY) is trading down 3.2% in this morning's pre-market, having ended the last week with a 7.9% drop, and a downgrade to boot. The firm, pioneering the electric vertical takeoff and landing (eVTOL)
Europe’s Largest Pension Fund Sells Tesla Holdings
Europe's largest pension fund, Stichting Pensioenfonds ABP, has divested its entire stake in Tesla Inc., which was valued at €571 million ($585 million). This significant move occurred during the third quarter, following disa
Instacart (NASDAQ: CART) Upgraded to “Buy”, $56 Price Target
Instacart's stock (NASDAQ: CART) offered a considerable outperformance on the market through 2024, with a gain of more than 80%. A 5% gain through the start of this year could be setting the tone for further upside if analyst
PG&E Stock (NYSE: PCG) Gains Bullish Analyst Coverage
PG&E Corporation's stock price (NYSE: PCG) came under fire as markets dropped Friday, experiencing a 10.81% loss on the day, bringing year-to-date returns to an underwhelming 15.17% in the red. This brings the stock back
Filtronic Share Price Rally Continues as Trading Ahead of Expectations
Filtronic (LON: FTC) shares jumped at the open on Monday after telling investors its trading performance is exceeding expectations. The company, listed on AIM under t
GSK to Acquire IDRx in Deal Worth Up To $1.15bn
On Monday, GSK (LON: GSK) announced an acquisition agreement with IDRx, Inc., a Boston-based clinical-stage biopharmaceutical company, for up to $1.15 billion. The de
BWX Technologies (NYSE: BWXT) Price Target Raised to $140
In the wake of a strategic acquisition and growing industry opportunities, Maxim analyst Tate Sullivan has updated the price target on BWX Technologies (NYSE: BWXT), raising it modestly from $138 to $140 while sustaining a Bu