US Stock News
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

AMD Up In PreMarket, as Firm Cuts Workforce Amid AI Shift
AMD's stock price (NASDAQ:AMD) has fallen 15.71% in the last month of trading, as markets have broadly taken off in a bullish direction, leaving questions to be answered.

Meta Gears Up For In-App Ads and Defends in Antitrust Case
Meta Platforms (NASDAQ: META), formerly known as Facebook, is taking significant strides in both expanding its revenue streams and defending its business practices on the legal stage. Two major developments are at the forefro

Cisco Stock Falls on Earnings Despite Mild Beat (CSCO)
Cisco's stock (NASDAQ: CSCO) is trading down in the pre-market, dropping 4.21% after coming off multi year highs, as earnings failed to get the bulls moving. In Cisco's fi

Buffett’s Berkshire Continues Selling Spree
Warren Buffett's Berkshire Hathaway (NYSE: BRK.B) has been a dominant force in the investment world for decades, but recent trends show a striking pattern of stock sell-offs by the conglomerate.

Why is Rivian Up Today?
Rivian's stock price (NASDAQ: RIVN) has gained 20% in trading today, having retested the $13 level. But what is behind the sudden shift in momentum? In a strategic move und

Spotify Posts Record Growth in Q3 2024 – New High Looms After PreMarket Gains
Spotify's stock (NYSE: SPOT) is a notable gainer in the pre-market session, adding 8.73% after the firm reported massive strides in user growth and financial strength for the third quarter of 2024. With an indicative opening

Cava Group Stock Set To Open At New Highs As Outlook Improves
Cava Group's stock (NYSE: CAVA) is a notable pre-market mover, up 16% at new highs of $168.50 as earnings came in strong. The Mediterranean-inspired restaurant chain significantly uplifted its sales outlook, sending positive

Crypto Miners Miss On Revenue as BTC Bull Run Pauses For Breath (WULF, MARA, HIVE)
Despite an increase in revenue, three major publicly listed Bitcoin mining companies on Wall Street reported net losses in their third-quarter outcomes, highlighting the challenging environment even for top players in the cry
Flutter Shares Continue Setting Highs After Stellar Q3 Results
Flutter Entertainment shares (LON: FLTR) have continued to attract the bulls, as the premier gaming and betting company, witnessed its stock price hit another all-time high after outperforming in the third quarter. Flutter sh

MAGS ETF Hits New 52 Week High as Market Cap Grows
The world of exchange-traded funds (ETFs) continues to gain traction with traders and investors alike, and innovators such as Roundhill,

Hertz Stock Price Continues To Slide As Earnings Miss The Mark
Hertz Global (NASDAQ: HTZ), the renowned car rental company, experienced a challenging third quarter, with a wider-than-expected loss and revenues that did not meet analyst projections. The company's recent financial report u

ON Holding AG Stock Price (NYSE: ONON) Hit’s New 52 Week High pm Earnings
ON Holding AG stock (NYSE: ONON) is trading up 0.61% following the disclosure of its third-quarter performance, which yielded a blend of achievements and setbacks. ONON's stock price has now gained 98.17% on a YTD basis, hit

Why Is AbbVie Stock Price Down (ABBV)?
AbbVie's stock price (NYSE: ABBV) came under pressure in trading to start the week on a loss of 10.85%, as data came in cold. The company had it's stock target slashed by Citi analyst Geoff Meacham, who adjusted the target do

Robinhood’s Stock Makes New Highs As Crypto Run Fuels Upswing
Robinhood Markets stock price (NASDAQ: HOOD) continues the recent bullish run, and took out new highs in trading up at $34.32. The stock experienced a significant upswing to start the week, gaining 7.40% on the day following

Block Gains Bullish Initiation of Coverage – Daily Gains See Stock Pass $83 (NYSE: SQ)
Block's stock price (NYSE: SQ) added an impressive 11.86% in trading to kick off the new week in style, closing at $83.40 and immediately surpassing a newly initiated price target on the day.

Shopify Earnings On Deck as Stock (NYSE:SHOP) Hit’s 52-Week High
In an impressive streak of growth, Shopify Inc (NYSE: SHOP), a leading multinational e-commerce company, has seen its share price ascend to a 52-week high, touching $92.16, before closing the day preceding earnings out at $89
