US Stock News
ZIM Reports Record Results & $100M Special Dividend
ZIM Integrated Shipping Services Ltd (ZIM) has recently announced its financial results for the third quarter of 2024, showcasing a remarkable performance with record net income and revenue. Amidst concerns regarding potentia
Nvidia Earnings Beat Consensus, Stock Pulls Back on Outlook
Asian semiconductor stocks felt the shockwaves of Nvidia's recent earnings announcement, which fell short of some investors' lofty expectations, despite beating on top and bottom lines. After the release of earnings,
CICC Sets $60 Target for On Holding AG
Shares of On Holding AG (NYSE: ONON) have witnessed an ascent today, currently up 3.71% at $53.40. CICC's endorsement with an Outperform rating and a significantly optimistic $60 price target underscores growing confidence in
BMO Capital Maintains Bullish Stance on Silence Therapeutics
Silence Therapeutics plc (NASDAQ: SLN), trading on Nasdaq exchange under the ticker SLN, experienced a substantial 38.34% drop in stock price following updates from the American Heart Association (AHA). The stock plunged from
AppLovin Soars on Wall Street Upgrade
In a recent financial update, AppLovin Corporation (NASDAQ: APP), a company specialising in mobile app development, has reported impressive quarterly results that have attracted an upgrade from Wall Street analyst Jonathan Ke
Palantir Heads for Nasdaq-100 Amidst Soaring Valuation
After a year that has seen its stocks climb by an impressive 269.66% year to date, Palantir Technologies Inc. (NYSE: PLTR) is poised to potentially join the coveted ranks of the Nasdaq-100. This leap in stock value comes on t
Netflix Knocks Out Cable TV with Tyson Match Live Stream
In an unprecedented move, Netflix has successfully live-streamed the much-anticipated Tyson boxing match, captivating a massive audience of 60 million viewers. This event signifies a groundbreaking moment in Netflix's live ev
Symbotic Shares Soar 25.33% on Q4 Profit
In a notable surge, shares of the U.S.-based robotics company Symbotic (NASDAQ:SYM) climbed 25.33% during Tuesday's premarket trading. The significant jump in share price was triggered by the company's financial performance,
Trump Media Moves to Diversify with Bakkt Deal (DJT, BKKT)
In the ever-evolving world of digital assets and cryptocurrencies, a key acquisition is signalling potential shifts in market dynamics. Trump Media & Technology Group Corp (TMTG), holding a majority share by former Presid
Berenberg Increases Mosaic Price Target to $32
In today's trading session, The Mosaic Company's (NYSE: MOS) stock has seen a decline of 2.16%, with the current price at $25.81. This price movement represents a substantial deviation from the previous close of $26.38, direc
Super Micro Stock Bounces (SMCI) as Firm Moves to Fend Off Delisting
Super Micro Computer (SMCI) has revealed a proactive step it is taking in the face of potentially severe consequences on the stock market. The company is preparing to file a plan with the
What To Expect From Nvidia Earnings (NVDA)
Nvidia (NASDAQ: NVDA), a titan in the world of AI chips and data center solutions, is poised to deliver its Q3 earnings report tomorrow. The company is expected to announce an 84.4% earnings growth of $0.75 per share, signifi
Hims & Hers Stock Tumbles Amid Amazon Telehealth Push
Hims & Hers Health stock (NYSE: HIMS), a company known for its direct-to-consumer telehealth and wellness offerings, plummeted 26.68% last week. This significant drop occurred in the wake of tech and e-commerce behemoth A
EU Hits Meta with $840 Million Antitrust Fine
The European Union has issued a significant financial penalty to Meta, the parent company of Facebook, amounting to $840 million. The fine was imposed for Meta's non-compliance with the EU's strict antitrust laws pertaining t
Cisco Targets $70 Price with Strategic Growth and Acquisitions
Argus Research has issued a buy recommendation on Cisco Systems, Inc. (NASDAQ: CSCO) with a 12-month price target of $70. This forecast suggests a significant potential upside from its recent close at $57.92. This optimism st
Markets Looking To Bounce Back From Downward Week
U.S. indices are indicating an upwards start to the week, after experiencing a significant pullback to end the past week. The S&P 500 Index (INDEXSP: .INX) closed Friday with a 1.32% decline, down 2.30% on the week, as th
Taiwan Semi To Receive $1 Billion CHIPS Act Funding By Year-End (NYSE: TSM)
In a landmark move for the semiconductor industry and U.S. technological advancement, the White House has confirmed the finalization of a significant $6.6 billion CHIPS Act grant to Taiwan Semiconductor Manufacturing Co. (TSM
Applied Materials Stock (AMAT) Drops in Pre-Market as Outlook Disappoints
Applied Materials stock (NASDAQ: AMAT) is a big downside mover in the pre-market session, losing 8.39% on the back of recent earnings. The leading supplier of equipment, se
FTC Set to Probe Microsoft’s Cloud Practices
Microsoft's stock (NASDAQ: MSFT) was a rare gainer on the Nasdaq yesterday, adding 0.40% as the index fell by 0.66%, but the news on the day was not all positive.
Apple in £3 Billion U.K. iCloud Lawsuit
Apple Inc. is embroiled in a legal battle in the United Kingdom as it faces a lawsuit amounting to £3 billion ($3.78 billion) over claims of anti-competitive practices linked to its iCloud services. A U.K. consumer rights gro
Tapestry and Capri Holdings Scrap $8.5 Billion Merger – TPR Stock Bounces on News
Tapestry, Inc. (NYSE: TPR), a leading New York-based house of modern luxury accessories and lifestyle brands, and Capri Holdings Limited (NYSE: CPRI), a global fashion luxury group, have mutually decided to terminate their pr
Tech Industry Braces for Policy Shifts as Trump Returns
With President-elect Donald Trump poised to re-enter the White House, the United States' technology sector is on the edge of significant change. Industry leaders across the board, including influential figures like Elon Musk
AO Smith Stock Price (NYSE: AOS) Hits New 52 Wk Low
In a recent turn of events that has market watchers and investors talking, A.O. Smith Corporation (NYSE: AOS), a major player in the water heating and treatment industry, saw its shares plummet to a 52-week low, registering a